Tullow Oil PLC - Poised for a Takeover?

Have you added the 9% they had of Hardman shares?

Too late for me to work out a conversion if you have not added that on.

As to what to make of it?

Time will tell.

ML will either be passive or they will become aggressive, hoping to sell thier Tullow shares to a major.

Of course any action may depend on what happens with Uganda and Kingfisher, and later on Matamata, which are thought to be large reserves of oil.

Personally I think Tullow should buy Tower Resources, they are the only independent with a 100% license in the north of Uganda, and if that is what the takeover of Hardman was all about, they could swallow them and not even burp.