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Tullow Oil reports 47% rise in profit

Tullow Oil has reported a 47% rise in annual profit before tax.

Tullow Oil reports 47% rise in profit

Wed, 21 Mar, 2007 - 08:56

Tullow Oil has reported a 47% rise in annual profit before tax.

The company's profit stood at £263.3m (€388.2m) for 2006, and said it expects its first production in Uganda in early 2009.

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