This is what I was looking for. Rated 5 out of 5 stars

Adds a dialogue box menu item that says "open", and then the url you have highlighted follows in quotes.
Confused this with the right-links addon, which is close to right-click-link.

Rated 5 out of 5 stars

If you want something that automatically converts text based on criteria to links or something clever like that there are extensions available.

However, if you want something that simply opens the highlighted text (whatever it is and however it is formatted) in a new tab, as if you'd typed it in the navigation bar then this is for you.

I find this more versatile, flexible and reliable than more complicated solutions that try (and often fail) to interpret sometimes deliberately obfuscated urls.

As mentioned in the review below, being able to use this for text in editable text boxes would be the icing on the cake, but it's still excellent as it is.

Bug in 1.1.6 Rated 4 out of 5 stars

Using Nightly 24 but this bug was present even in Firefox 22.

Text selection in TEXT_AREA BOXES do not work, like the one I am using to write this review. The newtab opened is blank.

Any where else the addon work fine. Just a heads up, really love this thing.

Simple & effective! Rated 5 out of 5 stars

Ever since I removed my previous addon for opening selection in new tabs because it wasn't compatible with FF15, I was going through hassle of copying links, opening new tabs and right clicking "Paste and go" in them.
Now, I'll just select and right click "Open". Thank you very much.

P.S. Just a quick reply to the guy who pimped "Text2Link" here - that addon failed to open my first selection I tried it on, it abbreviated the link at random and failed to open the page. That addon sucks. "Right-Click-Link" is the best.

This review is for a previous version of the add-on (1.1.5). 

Nice but not the best Rated 3 out of 5 stars

Text2Link addon offers a simple triple-click on every URL-text to open it in a new tab

This review is for a previous version of the add-on (1.1.5). 

Simple & priceless Rated 5 out of 5 stars

The best things in life are simple. Like this priceless extension. FF should definitely have this feature natively.

This review is for a previous version of the add-on (1.1.5). 

Rated 5 out of 5 stars

Really Useful

This review is for a previous version of the add-on (1.1.5). 

Rated 5 out of 5 stars

This is absolutely a needed feature.

This review is for a previous version of the add-on (1.1.5). 

Rated 5 out of 5 stars

Very useful, especially in full screen mode.

This review is for a previous version of the add-on (1.1.5).  This user has a previous review of this add-on.

Rated 1 out of 5 stars

drag and drop selected text on the tab bar

This review is for a previous version of the add-on (1.1.5). 

Rated 5 out of 5 stars

Excellent!! IMXO

This review is for a previous version of the add-on (1.1.5). 

Rated 2 out of 5 stars

I was irritated by the lack for ff4 support for this extension (previously one of my favourites), so I went looking for something else. I found this: https://addons.mozilla.org/en-US/firefox/addon/advanced-url-builder/ which does everything right-click-link does, and so much more.

This review is for a previous version of the add-on (1.1.5). 

Rated 5 out of 5 stars

Great!

This review is for a previous version of the add-on (1.1.5). 

Rated 1 out of 5 stars

NEEDS AN UPDATE

It no longer words, it brings up the menu asking what to do instead of just opening the link in a new tab. Please fix ASAP, I use this the most out of any add-on.

This review is for a previous version of the add-on (1.1.5). 

like it Rated 3 out of 5 stars

good one but not necessary

This review is for a previous version of the add-on (1.1.5). 

Its a necessity Rated 5 out of 5 stars

Honestly waitng for an update for ff4 compatability before I update to it...... dont think I could live w/o this extension.

This review is for a previous version of the add-on (1.1.5). 

YES!!! FInally!!! Rated 5 out of 5 stars

When "Copy and Go" stopped working, this was my savior! I will use this from now on! Thank you soooo much!!

This review is for a previous version of the add-on (1.1.5). 

Just what i needed Rated 5 out of 5 stars

I Love It!!!

This review is for a previous version of the add-on (1.1.5).  This user has a previous review of this add-on.

Rated 5 out of 5 stars

Excellent!! (By Burns)

This review is for a previous version of the add-on (1.1.5). 

Rated 5 out of 5 stars

Must-have one! Definitely a favorite!

This review is for a previous version of the add-on (1.1.5).  This user has a previous review of this add-on.