Tullow Oil Share Discussion Threads

[gregpeck7] 27/10/2017 15:53

Ps that's last 6 months.

[gregpeck7] 27/10/2017 15:53

If you strip out itlos ruling share price here has not moved... really don't understand it.

[mariopeter] 27/10/2017 15:43

Sector rally on the way.Nice if Brent closes over $60 for the weekend. Added today.

[mreasygoing] 27/10/2017 15:42

$60 Brent. Lurvely. Time to see a sector rally.

[gregpeck7] 27/10/2017 15:36

60 usd Brent is here!!!!!!

[gregpeck7] 27/10/2017 15:21

Last time oil was 60 Tullow was over 300. Wtf is going on?!

[frazboy] 27/10/2017 15:04

Anyone seen a reliable futures curve for Brent? Is is flat? I would look myself but not in front of my desk.

[mercer95] 27/10/2017 14:59

Oil spiking for some reason, maybe US rig count, I’ve cancelled the taxi to Trumpton

[mcsean2164] 27/10/2017 14:30

Dealer1972,

I think that logic must have run its course by now.

It's only dropping due to sellers and sellers are still selling, allowing shorters to escape.

[dealer1972] 27/10/2017 13:47

Just another excuse to drop the price for the shorts to close out more ;)

[leoneobull] 27/10/2017 12:29

Wtf! Only a wildcat drill. Totally oversold

[gregpeck7] 27/10/2017 11:55

It's insane but has to happen at some point. Will buy a few more next week and just keep topping up.

[mcsean2164] 27/10/2017 11:54

Good grief, araku, like most drilling, was unsuccessful. They've got some seismic and will review and also got a relatively good price for the drilling.

When is tlw going to tick up? Maybe EVs weighing on sentiment?

[fuji99] 27/10/2017 11:09

Trading update is on 8 November.

[cheek212] 27/10/2017 09:47

Good opportunity for the shorters to close down quicker - expect a further drop in the reported figures early next week.

[mreasygoing] 27/10/2017 09:29

Added a few more.

[nicebut] 27/10/2017 09:03

Someone is clearly selling atm.

[mercer95] 27/10/2017 09:02

I’m not selling at these levels, I’m moving to Trumpton until it recovers

[alfiex] 27/10/2017 08:58

Overdone as usual a real load of manipulation, if oil was found there would have not been as much of gain

[frazboy] 27/10/2017 08:54

it was around 500 MMBo of resources, they had a 30% interest, and as you say a 30% CoS. Assume $2 per barrel in the ground and you get a few pence off the SP, which has to be balanced against oil at $59 (I really hope management are putting some hedges in for 2018, they may have to as part of the new loan facility), so, yes, overdone I would say too.

[gregpeck7] 27/10/2017 08:50

It was a 30 percent chance and 14 million cost. I didn't think so would even move lol

[teamwork1] 27/10/2017 08:49

I think this is over done

[gregpeck7] 27/10/2017 08:40

Oh well. Tullow should still be over 200p now!!