This is the best part of the news "Tullow Oil, which also struck oil in neighbouring Uganda, said the Kenyan find had exceeded their expectations.
"This is an excellent start to our major exploration campaign in the East African rift basins of Kenya and Ethiopia," said Angus McCoss, the company's exploration director.
He added: "To make a good oil discovery in our first well is beyond our expectations and bodes well for the material programme ahead of us."
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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