Tullow Oil Share Discussion Threads

[repairer1] 01/10/2015 07:42

RNS out this morning, great news from the lenders, shows great confidence in Tullow

[cfd trader] 30/9/2015 18:47

Looks like we are forming a base at 169p .

[plentymorefish] 30/9/2015 18:39

And we need to know that because?....

[herbyrainer] 30/9/2015 18:18

Added some blt today, safer bet than this pile of s

[doohoma3] 30/9/2015 09:14

rumour that Indians were buying was totally false
it was cowboys that were buying

[albo] 30/9/2015 09:10

Thanks McCrack and repairer.
There is certainly scope to farm down. $2.7bn seems a touch high for 60m bbrls recoverable though.

[gregpeck7] 30/9/2015 08:03

Bid rumours? Flying today!

[repairer1] 29/9/2015 20:09

This should settle a few investers down and bring confidence back to this share

[repairer1] 29/9/2015 18:45

Tullow is a huge company with great valued assets, the share price in unordinary low at the moment, great entry for long term investment, I calculate when the oil price rises back up towards 100 mark and the Ten project comes on line then I can see the share price hitting 2000 without much difficulty.
I have invested my seeds here and I will sit back and watch them grow into a tree.

[ifthecapfits] 29/9/2015 15:35

thanks r1. Interesting indeed......

[repairer1] 29/9/2015 15:12

hxxp://timesofindia.indiatimes.com/business/india-business/BPCL-eyes-10-in-Kenya-oil-block/articleshow/49110803.cms

[mccracken227] 29/9/2015 13:59

albo post 22068

[jovi1] 29/9/2015 13:55

again i have my doubt that indian oil would pay 2.7bil for 10% as the cost of putting on line kenia is high and need to take in account when the asset is valued.
in any case any asset partially sold will add value to the share price.
tlw without kenia assett and without debith will be worth today at least 3 times more today but if we ride the storm and keep all or parts of kenia tlw will be worth considerably more within 3 4 years
i suspect this are the decision that the top brass need making assuming that there is a buyer for kenya assets
for me i will keep adding to tlw and the other 4 oil company i am following as ultimatelly the world need the back stuff and every 7 years we go trough this.
Bottom line there is not sufficient oil that can be produced under the s45 to sustain the demand if we exclude edge and other financeila tricks that will diminish
as long as we spred the risks among few good compamy in different geograficaland various amaunt of debit we can bank on profit in the long run
i hope so my pension depend on it
good luck

[albo] 29/9/2015 13:31

Repairer, who is the Indian oil company? Are there seriously talks of a farm down?

[ifthecapfits] 29/9/2015 11:37

WHich is what they should perhas do - at least in part.

[repairer1] 29/9/2015 11:35

Tullows assets are huge and Kenya alone is worth at these current oil prices $27billion according to the talks with the Indian oil company wanting a 10% stake for $2.7billion.
That 2.7 billion could almost pay our complete debt off in one go..

[jovi1] 29/9/2015 11:02

I have my doubt will be a bid for this but I can see some asset selling that for me would be the best case.
Most of the shareholder would not accept a100% premium and I doubt any one will pay more.

[ifthecapfits] 29/9/2015 10:55

Do you know this?

[herbyrainer] 29/9/2015 08:15

Last one out please turn off the lights!

[marmar80] 29/9/2015 01:24

big oil companies following the small caps performance 2009-2014. not good.

[jovi1] 28/9/2015 21:23

Similar here
But at least I have few going well Opay and Ncc make my portafolio more respectable
Still I got Little more Tlw today and I will get Genel next week as fondamently nothing changed in the last few months
Clearly I would prefer Tlw changing little the strategy and sell some asset and raise more cash to become a predator or a pray

[m w] 28/9/2015 20:06

10000 @ 428
genl 12000 @ 550
evr 9500 @ 150
the pain is everywhere

[cricklewood] 28/9/2015 16:15

£50k at an avg of £4.

[spirito] 28/9/2015 15:48

How much trouble!