Tullow Oil Share Discussion Threads

[wantmorethan24p] 12/11/2015 13:55

they have done it before so why not now.

[badmumba] 12/11/2015 13:52

Nearly buyable ..

[wantmorethan24p] 12/11/2015 13:44

its capitulation time.

[wantmorethan24p] 12/11/2015 13:43

if there is get it out of the way at these prices.

[frost1] 12/11/2015 13:40

Maybe a placing on the way.

[mcsean2164] 12/11/2015 13:19

Markets not exactly excited by yesterdays RNS.

This sounds good:

he Group's commodity hedge programme has a net positive mark
to market value of approximately $450 million;
36,011 bopd of 2016 Group oil net entitlement volumes hedged
with an average floor price protection of around $75.5/bbl

Not really following this? Will the banks start to put pressure on Tullow? How long before they need additional funding?

Attractive price historically but oil glut...

[wantmorethan24p] 12/11/2015 13:07

tullow seems safe.
if they need cash am sure they can have a small rights issue.

[phowdo] 12/11/2015 12:55

Will break the downtrend at some point, but if oil falls into the 30s could be a bit more pain to come.


free stock charts from uk.advfn.com

[jovi1] 12/11/2015 12:03

ps Cricklewood

hold tight you will see your dosh back and little more by march april time

[jovi1] 12/11/2015 11:57

it seems to me that a number of company are forcasting flat or reduced production for next year.
another factor seems to me that a considerable ammount of effort (cash from capex) is continued to be incested in prolonging and maximising exsiting wells, clearly this show in the usa production / rig relationship, my perseption is that in doing so some production will fall of the cliff at some point in the near future.
more and more work is done on partially completed wells and with all those coming on line the production has been sustained untill now and this may be lasting for some more time but ultimately all those avenue will be reduced and esploration will be in focus again.
many pure exporation company are becoming production focus (TLW among many) this again is adding to the oversupply but the other side of the coin with all reduction in capex it is very likeley that at the time of oil shortage (creazy my forcast in 12 to 18 months) new major supply will be 2 3 years ahead and i can see proce spike at $130 going high.
many will call me creazy that is generally the case as in november 2013 when i told many that oil was about to get unser $50 a barrel.
for tlw if ytou think, like me, is in a sufficient strong financial position to survive then is worth at least 4 times the current market value if not they is worth notting this justify the extreme high volatility.
remember share do not follow POO but generally react earlyer in both direction.
as vere sorry for the english and good luck
ciao

[sawadee3] 12/11/2015 11:41

Be greedy when the market is fearful.

*Rubs Hands

[azalea] 12/11/2015 10:57

"If the saudis decide to turn off the taps". What planet are you living on?

[wantmorethan24p] 12/11/2015 10:48

capex being reduced
exploration being cutback bigtime.

and if the saudhis decide to turn off the taps ..

we could have a massive spike.

[wantmorethan24p] 12/11/2015 10:43

lets get some reality..

africa and asia are gonna need a lot of oil in the future.


with all these projects being cancelled there could be a big spike in future when demand starts to exceed supply.

[wantmorethan24p] 12/11/2015 10:05

following the oil price bigtime.

[spirito] 12/11/2015 09:41

Back below180 and I'm in!

[cricklewood] 12/11/2015 09:21

Dodge Meister
12 Nov'15 - 09:16 - 22628 of 22628 0 0


Love the headlines of 100m barrels or oil in tankers...that just over one days consumption...sound good though.



In a couple of months and we should see gap start to close between consumption and supply.

[dodge meister] 12/11/2015 09:16

Love the headlines of 100m barrels or oil in tankers...that just over one days consumption...sound good though.

hxxp://www.eia.gov/forecasts/steo/report/global_oil.cfm

In a couple of months and we should see gap start to close between consumption and supply.

[wantmorethan24p] 12/11/2015 08:49

sorry should be £1.90p

[wantmorethan24p] 12/11/2015 08:49

gonna stick my head out.


it will not go lower than £1.95p

plenty of support there.

[wantmorethan24p] 12/11/2015 08:47

all have seen is red since been in this stock.
lets hope for a blue finish today.

[paulbiya] 12/11/2015 08:11

260 the other day now 194. Casino?

[cricklewood] 12/11/2015 07:27

Picking up a bit thank god.