Tullow CEO says too early for new investment date on Uganda oil project

CAPE TOWN (Reuters) - It is still too early to give a new timeline on a final green light for investment in Uganda's first oilfields, Tullow Oil Chief Executive Paul McDade said on Wednesday, reiterating Tullow's plan to sell down its stake."We will not (make an) FID (final investment decision on) the project at the current equity," McDade told Reuters. "To get the right conditions to sell down more of the project, we need more certainty over the progress towards FID."Tullow's plan to sell..