Tullow Oil Share Discussion Threads

[chessman2] 16/8/2016 17:10

There is a clue there!! I expect TLW to rise further very soon, in fact even before the TEN news is announced. We will see!

[hazl] 16/8/2016 16:46

Ibug.... you are obviously good with charts, what's the short to medium -term price, do you reckon?
I personally am looking to the long-term but it will clearly go up in stages.

IMO

[hazl] 16/8/2016 16:46

Majedie Asset Management Limited
have increased their holding I see.

IMO

[ibug] 16/8/2016 15:50

Majedie Asset Management just increased it's holding --- 45815547 shares representing 5.02% voting rights.

[nicebut] 16/8/2016 15:43

Linden have actually just increased their short to .72% on 12th...so now 12.3% short total. Whilst a few others have RNSed icreasing holdings and going over 5%, even today.....going to be a bit of a battle here me thinks....Come on the longs.


Edit Yup good article by sharehub.

[kevjones2] 16/8/2016 14:23

Sharehub article very good. It's nice to read something from an expert who was very surprised Odey didn't close some shorts recently.

[kevjones2] 16/8/2016 14:20

I ended up in Mykonos, Mediterranean when I clicked the link!! Anyway, we should hear something soon, that's for sure.

[ibug] 16/8/2016 12:29

Here is the link to Sharehub ----

[hazl] 16/8/2016 12:24

THE SHAREHUB HAD some interesting stuff specifically about Tlw but also on general oil related and when do shorters throw in the towel.....that sort of thing.

Great posts here btw!

[ibug] 16/8/2016 12:09

It appears that Merrill Lynch are expecting a rerate of the stock to approx 285p on higher production to 40,000 barrels net to TLW by the end of 2016.

[kevjones2] 16/8/2016 12:04

Thanks mccracken227. I actually thought TEN had already started operating and an RNS would be to update us on how the start-up went! Very impressive that it was done on schedule too.

[mccracken227] 16/8/2016 11:18

Kev, i think it refers to earlier post saying the taps turn on TEN on thursday 18th so probably rns to confirm.

[kevjones2] 16/8/2016 11:13

ibug, where did you find the information that we have an RNS coming this Thursday?

[ibug] 16/8/2016 10:24

Kenyan Cabinet Approves Bid To Pump Oil Commercially By 2017


Work is currently underway on road rehabilitation leading to the refinery and on the upgrade of heating tanks, and Tullow Oil PLC, which discovered oil in Kenya in 2012 (an estimated 750 million barrels of recoverable reserves) calculates that life of field development costs should be in the region of $25 to $30 per barrel.

[peterlowen] 16/8/2016 10:19

monthly chart looking good.... notice shorting on TLW risen from 11.5% to 12.3%
c/o can only imagine their hoping for a big drop in oil.

Everything else looking good for Tullow.....

[ibug] 16/8/2016 09:35

RNS news due Thursday about the Ten project first oil and also a statement about Kenyan oil development---approx 720 million barrels in reserves to be tapped.

[hazl] 16/8/2016 08:05

the shorts will close at some point......

IMO

[dealer1972] 15/8/2016 22:24

PMO, RKH, IAE

[woodpeckers] 15/8/2016 19:59

Wookie, appreciate oils flying but which O&G stocks were on fire? Most on my radar were at barely blue.