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BUZZ-Tullow: Ghana worries add to FTSE relegation fears

Reuters - UK Focus

** Tullow Oil (LSE: TLW.L - news) easily top FTSE 100 faller, down 7.3 pct & poised for biggest one-day drop since late Nov

** Worries that an ongoing maritime dispute between Ghana and Cote d'Ivoire could result in suspension of ops see shares accelerate losses after weak open

** Tullow got 85 pct of its 2013 revenue from West & North Africa, according to Thomson Reuters data

** SocGen (Paris: FR0000130809 - news) noted last week that given Tullow's shrinking market-cap it could exit the FTSE 100 when the results of the quarterly index review are announced this week

** SocGen says Tullow could be replaced by Hikma Pharmaceuticals which is up 25% year-to-date

(RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net RM: alasdair.pal.thomsonreuters.com@reuters.net)