Bought at 76.75. Awaiting for 92.07.

If anyone missed the press release, a nice bit of news.



Tullow Oil awarded 9 blocks in UK North Sea 22nd licensing round
AFX


LONDON (AFX) - Tullow Oil PLC said it was awarded nine exploration blocks in the North Sea under the UK's 22nd offshore licensing round.

The licences will allow Tullow to develop seven blocks in its core area of the Southern North Sea and two blocks in the North Viking Graben.

Tullow, as operator of these awarded areas, will start evaluating the potentials of the acreage in early 2005.

mbe/jc

Tullow Oil PLC
17 September 2004



Tullow awarded Nine Blocks in UK North Sea 22nd Licensing Round

Tullow Oil plc announces that it was awarded nine operated exploration blocks in
the UK 22nd offshore licensing round. The licence awards, announced by the
Energy Minister, Mr Mike O'Brien, on the 14th September, comprise seven blocks
in Tullow's core CMS area of the Southern North Sea (SNS) and two blocks in the
North Viking Graben. The awards are listed in the Appendix to this release.

The seven SNS blocks comprise two traditional awards located to the south of
Tullow's Boulton field, and five Promote awards in under-explored acreage to the
west of Boulton.

A further two Promote awards are located in the North Viking Graben to the east
of the Tern Field. These awards build upon an exploration position established
in the 21st Round.

Tullow, as Operator of these awards, plans to reprocess existing 2D and 3D
seismic data as part of a full evaluation of the potential of this acreage.
Tullow intends to commence this work in early 2005.

Aidan Heavey, Chief Executive of Tullow commented: 'Tullow is committed to
developing and expanding its business in the North Sea and the award of these
operated blocks is further evidence of our progress. We look forward to working
with our partners to determine the prospectivity of these areas.


For Further Information Contact:

Tullow Oil plc (+44 20 7333 6800)
Tom Hickey
Paul McDade

Citigate Dewe Rogerson (+44 207 638 9571)
Martin Jackson
Alexandra Scrimgeour

Murray Consultants (+353 1 498 0300)
Joe Murray

Appendix:

The following blocks were awarded by the Department of Trade and Industry to
Tullow:


Blocks Operator Partners

Traditional, Southern North Sea
44/21c & Tullow Oil 25% GDFB 25%
44/26b Premier Oil 25%
Endeavour Energy 25%

Promote, Southern North Sea
43/22b, 23, Tullow Oil 25% GDFB 25%
43/27b, 28 & Premier Oil 25%
43/29 Endeavour Energy 25%

Promote, North Viking Graben
210/25e & 11/21b Tullow Oil 100%


Notes for Editors

'Tullow' where referred to in this release means Tullow Oil plc and/or its
subsidiaries, as appropriate.

Tullow Oil plc is one of the leading independent international oil & gas
exploration and production companies in Europe. Tullow is quoted on the London
and Irish stock exchanges (symbol TLW) and is a member of the FTSE 250 Index.

Tullow announced its interim results to 30th June 2004 on 13th September.

Production and Development Assets

Tullow has interests in over ninety exploration and production licences spread
over three core areas: UK North Sea, West Africa and South Asia. Tullow
recently completed the acquisition of Energy Africa, which takes the number of
countries in which Tullow is active to sixteen.

In the North Sea, Tullow's principal interests are in the CMS and the Thames/
Hewett group of licences and the Bacton onshore gas-processing terminal on the
Norfolk coast, which it operates.

In Africa, Tullow has production in Gabon, Cote d'Ivoire, Congo (Brazzaville)
and Equatorial Guinea. Tullow also has exploration programmes in Morocco,
Mauritania, Senegal, Cameroon, Uganda and Egypt.

In South Asia, Tullow has production and exploration interests in Pakistan and
exploration activities in India and Bangladesh, where a three well drilling
programme is under way in Block 9.


For further information see
www.tullowoil.com



This information is provided by RNS
The company news service from the London Stock Exchange

All this good news this week completely ignored!

Seen it all before.

Another long term holder for me.

So, MM:-

"Neer nicky noo nar!"

It is crazy that the valuation of White Nile is almost one-fifth that of another African oil play, Tullow Oil. Tullow is an oil producer. In Africa, Tullow has production and development interests in Gabon, Cote d'Ivoire, Congo (Brazzaville), Equatorial Guinea and Namibia. Tullow also has exploration interests in Morocco, Mauritania, Senegal, Cameroon, Uganda and Egypt. Note these are actual assets, not potential assets. And it is producing oil. Its weighted average daily production for 2004 was 40,600 barrels of oil equivalent per day, 62% ahead of 2003 levels. It is now up to almost 56,000 boepd in January. This means it is generating revenues and they are growing.

Tullow's full-year results are not out until April, but it was profitable at the interim stage, posting operating profits 26.5 million pounds. At its full-year results announcement in April, we will also hear what the company's oil reserve are (yes, this one has actually has oil!). In the year to December 31st, analysts are forecast earnings per share of 8.97p.

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Can some one explain,why the chart of tlw is showing a straight line upwards at the close,as the shares closed at 209.50,but the chart shows up to 212p,does that mean the price might open at that price tomorrow.i think it looks good for this stock as the oil prices are soaring,i am new to all this so could some one explain,thankyou.

new to this one and very pleased so far-definitely one to hold onto. not much interest on this BB--anyone still holding/any comments.

I think it needs a new header-this one is boring no wonder there's no interest!

money - agreed

new thread started.