Tullow Oil Share Discussion Threads

[mr aboii] 11/2/2016 12:51

Daydreaming ???

[carla1] 11/2/2016 12:34

Going BLUE fellow INVESTORS...

Be QUICK for a 20% by friday 4pm !!!

ALL ABOARD ...

Look at that DAILY CHART !!!

:-)

[warwick69] 11/2/2016 12:30

Bargain will be blue soon and then big afternoon rally back to 160 170 range

[cat100] 11/2/2016 12:16

NY Boy $18 will not be the bottom . Try $9 , could be 25's in a min

[cat100] 11/2/2016 12:05

hearths1 dont forget India is being offered oil for free now
hxxp://profit.ndtv.com/news/industries/article-store-our-oil-and-take-two-thirds-for-free-uaes-offer-to-india-1275964

[hearts1] 11/2/2016 11:37

Looking at the latest OPEC report in December Chinese crude imports was up 1.2m bopd from Nov, India 250,000bopd.It will be interesting to see Jan figures as that's massive growth and record levels.If their volumes stay high at these low prices then that's going to cut excess supply by at least 50%.

[ny boy] 11/2/2016 11:33

Nymex relentless selling again, Surely heading $20 or below, I doubt much lower than $18

[kevjones2] 11/2/2016 10:55

Cheers, gersemi.

[jovi1] 11/2/2016 10:53

NY
Is always a question of who go belly up 1st loose and who manage to stay in the game win.
For Persian gulf state reduction in cost may have to go Little Dipper that expected.
Maybe police car need be downgraded from Ferrari to bmw and few palace need to be buil with only 40 bedroom but at the end ther will struggle trough this hard times.

[kevjones2] 11/2/2016 10:14

Interesting article today about Tullow in today's Irish Independent:

hxxp://www.independent.ie/business/irish/tullow-oil-boss-small-oil-firms-to-flourish-on-slump-34442082.html

[jovi1] 11/2/2016 09:30

More importantly Saudi are in the position to choose when to turn the tap off, where other cannot or make little impact.
I think they soon will turn the tap off as there is no interest in making some fracking major burst

[tradingmyplan] 11/2/2016 09:03

NY Boy 11 Feb'16 - 00:08 - 25284 of 25287 0 1

Not me mate, it's from the article

------------------------------------------

Then quote the article rather than try and pass the dribble off as your own!

[spirito] 11/2/2016 08:03

Back below 120 I'm af

[jovi1] 11/2/2016 01:05

Shaf5
It cover most of the cost but royalty I think vary as it is a % but not new explorations or write off
But the most important thing at the moment is the cash flow as no many are expected to make profit this year.
The average price received in 2016 at 73000 bpd would be 55 including edges.

[ny boy] 11/2/2016 00:08

Not me mate, it's from the article

[ed 123] 10/2/2016 23:36

NY Boy.

More important countries may follow them — most significantly Russia and Saudi Arabia.

Are you quite mad? Saudi Arabia can carry on like this for a few years. Saudi has about half a trillion US dollars in foreign exchange reserves. Indeed, it is their financial strength that encouraged then to go down the path of maxing out their production. They want to harm the Iranians.

[cat100] 10/2/2016 23:28

oil and $40 song

[cat100] 10/2/2016 23:21

When oil broke $36 I swear $40 looked to be so far away. I'm thinking $30 is starting to look the same

[mcsean2164] 10/2/2016 23:13

shaf5,

I feel like the pot calling the kettle black but, careful.

Jov1,

When you say $35, does that include debt servicing? The FY seemed to indicate $8 bbl cost to produce in West Africa.

I wonder what tomorrow brings... $27.31