Tullow Oil Share Discussion Threads

[ashbox] 10/3/2017 11:37

Numis upgrades Tullow: Tullow Oil PLC TLW Numis Add 250.05 243.20 270.00 285.00 Upgrades

[mcsean2164] 10/3/2017 11:14

You could be right, but I'm thinking upside...

[olieslim] 10/3/2017 09:38

Doesn't look like it. It'll tank any moment now.

[mcsean2164] 10/3/2017 00:34

I think it's a buying opportunity, expect crude to be back above $52 in the next week. It's a suckers sell off, IMHO, dyor.

[sux_2bu] 09/3/2017 15:48

Rights issue at 80p being rumoured

[mccracken227] 09/3/2017 13:19

Not rocket science, oil down 6% Tullow down 6.6%

[ifthecapfits] 09/3/2017 11:26

Nothing to do with oil prices falling then?

[sux_2bu] 09/3/2017 10:29

As I've said since above 300p, the gap will be filled. Still a bit more to go.

[mcsean2164] 09/3/2017 01:27

There goes $52, hopefully hedgged a bit....

[billy_buffin] 07/3/2017 16:17

Interesting re Bakken (tight oil)

Understood currently little below the million bbls/d a day.

There are getting on a 1,000 DUC's (drilled but uncompleted wells)in the Bakken alone that await fracking and put on line depending on PoO. $45/50 for some wells to be in the money.

Break even now much speedier as the fashion is for very long laterals and many more frac stages and copious amounts of proppant.

SM Energy says (Eagle Ford, Midland etc) increasing the sand loading to 2,000 pounds per foot would increase that NPV by almost 50% to $3 million per well. Increasing the lateral length to 7,500 feet and continuing with sand loading of 2,000 pounds per foot would double the well NPV to $6 million per well.

[billy_buffin] 07/3/2017 15:35

184 page annual report - beats Shell in lonnnnngevity

[mcsean2164] 07/3/2017 00:53

Last time it crossed the 200 ema, it rallied to 340p intraday.

Most worrying however is the surge in shale production. It seems the bakken is on the way out but the permian is powering ahead for now. EIA predict an extra 2 million barrels from US shale.

Of course shale is not infinite but OPEC has to drop even more or demand needs to increase in order to accommodate the US shale revival.

It's amazing how long we have been range bound considering the previous volatility.



If anyone knows what the hell is going on, I'm all ears...

[technowiz] 06/3/2017 22:37

still above 200DMA (c.260p) but only just!

[sux_2bu] 06/3/2017 16:22

You are that. Told you at over 300p what would most likely happen.

Suck it up buttercup.