Tullow Oil Share Discussion Threads

[wellbutpoor] 19/4/2024 16:45

New to this board after taking a punt off the back of the recent financial restructure.

SP is looking ready to break out into a new 12 month high, I'm aware of a recent BoA buy note - do we have have intel on any other broker notes in issue? TIA

WBP

[xxnjr] 19/4/2024 08:17

In reality it was a very minor hit, calibrated to enable Iran to park the matter if they so wish. But it's the Middle East.....

[up just a little bit] 19/4/2024 07:33

BBC News - Oil and gold prices rise as US says Israel has struck Iran - BBC Newshttps://www.bbc.co.uk/news/articles/c2vwl91qe6do

[xxnjr] 18/4/2024 21:16

no worries mcs. I guess it pays to read to the end.
He's added 2.4m over last 8 months.
Lowest paid 26.48p. Highest 38.64P.

[mcsean2164] 18/4/2024 19:02

Beg your pardon xxjnr, 15/04/2024 & 16/04/2024. Didn't bother reading to the end, just assumed it would be reams of rubbish.

[xxnjr] 18/4/2024 15:35

128,000 was the incorrect answer. It's more!
Try again.

[mcsean2164] 18/4/2024 09:44

Oil down, tuloow steady. A new paradigm?

Edit: I spoke too soon 😵‍ԁ71;

[mcsean2164] 18/4/2024 09:43

128,000. A positive signal

Price and volume

Price

£0.3560

Volume

28,465


I wonder why he waited until £35p? Why not £30p? Something on the horizon?


£0.3593

100,000

[xxnjr] 17/4/2024 20:23

This is an exercise to help you :-)
Read rns again (carefully) and tell us how many you think he bought.....

[up just a little bit] 17/4/2024 18:29

Director buys 100k shares.

[badger36] 15/4/2024 10:37

I thought the Mullahs would do us a favour but even as it touches 90 this mgt team has not got the confidence of investors

[subsurface] 14/4/2024 09:59

Need to crack on with some infill drilling at Ten

[tas11osc] 14/4/2024 05:54

Also will be worth more from June onwards as two legacy hedges expire end of May

[subsurface] 14/4/2024 03:22

Thanks XX, much appreciated.

Interesting weeks ahead with world events and POO

[xxnjr] 13/4/2024 23:27

SS - POO $92 at the moment anyone remember what $10 increase in POO adds to FCF.?

These days I can't remember a thing! But handily I have stuff to hand on a spreadsheet, and according to that, FCF with an OP range were given out at

2022 Jan Trad update: $100m @ $75/$200m @ $85, or $10/bbl +$100m
2023 Jan Trad update: $100m @ $80/$200m @ $100, or $20/bbl +$100m

suggesting over a year, plus $10 is worth at least $50m to FCF

but, there have been 10 Jubilee liftings so far this year at an average 5 day brent price of about $83.50 on shipping dates. And we don't yet know who specific cargoes were allocated to.

[subsurface] 13/4/2024 01:46

Tullow now plans Kenya’s first commercial oil export in 2028

FDP timeline revealed

hxxps://www.businessdailyafrica.com/bd/markets/commodities/tullow-now-plans-kenya-first-oil-in-2028-4588036

[subsurface] 12/4/2024 15:03

POO $92 at the moment anyone remember what $10 increase in POO adds to FCF.?

[subsurface] 12/4/2024 08:48

Kenya

State to audit Tullow Oil spending

hxxps://www.businessdailyafrica.com/bd/corporate/companies/state-to-audit-tullow-oil-spending--4587162

Perhaps a good sign things are starting to move slowly.

[up just a little bit] 10/4/2024 18:28

https://oilprice.com/Latest-Energy-News/World-News/Saudi-Aramco-Suspends-Two-Oil-Contractors.html

[subsurface] 10/4/2024 14:57

Supply shocks are threatening to push oil to $100 per barrel ahead of the U.S. summer driving season—and complicating rate-cut deliberations

[up just a little bit] 10/4/2024 14:15

https://www.bloomberg.com/news/articles/2024-04-09/oil-prices-top-traders-are-getting-more-bullish

[mcsean2164] 10/4/2024 11:06

Thanks xxjnr, nice to see we're trending in the right direction again and good to know we're not exposed to Hormuz.

[xxnjr] 09/4/2024 18:26

Think we discussed this before. A fair amount goes to China/SEAsia and Europe, some goes to Brasil/US/Canada. None of it goes through Hormuz. It never has done. All the Ghana tankers, whether coming from Asia or headed East go round S. Africa. There's an empty tanker coming from China now to pick up a load: the route is China - Singapore - Cape Town - Ghana.

Probably (haven't checked) not a huge difference in distance SEAsia to Ghana via Suez or S afr. Look at a map.....

[zingaro] 09/4/2024 11:39

Director buying (Roald Goethe) must be a good thing !