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Dow Jones Newswires: Tullow Oil Spikes; Approach Talk Dismissed

Wednesday, June 14, 2006 10:11:29 AM ET

1301 GMT [Dow Jones] Tullow Oil (TLW.DB) -2.3% at 301p, selling off after brief spike to 315p. Traders note earlier speculation that Royal Dutch Shell (RDSA) was looking at the company, but Tullow Oil has said it was not aware of any approach, while Royal Dutch Shell declined to comment. The company has frequently been the target of bid speculation in the past, note traders. (PBA)
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