Tullow Oil Share Discussion Threads

[spirito] 12/12/2017 07:37

poo up.agaun. lets hope it translates to here

[nicebut] 11/12/2017 19:54

Perhaps but more likely this?

[leoneobull] 11/12/2017 18:14

Yes but the spike was a bit us terror related.

[nicebut] 11/12/2017 16:49

Think we might see PoO break the 6457- high for a few years. Hopefully.

[mercer95] 11/12/2017 16:49

Roger that, it’s got a crack in it, Trump has tweeted that Aquaman collided with it!
All good news for Tullow

[xxnjr1] 11/12/2017 16:47

Crikey! Finally closed above 200 day MA.

[xxnjr1] 11/12/2017 16:37

I've just got up as in Pacific coast Mexico but I see Forties Pipeline (450k per day?) is gonna be offline for maybe 2 wks or so.

[frazboy] 11/12/2017 15:33

our seller(s) seem to have totally disappeared - by 10am this morning volume was miniscule. good to see some upward progress, price still below where I would expect it to have been had we not had last month's mini crash

[nicebut] 11/12/2017 15:14

Deutsche Bank doing a bit of buying. Nice to see going back over 5%- I know they tend to trade it....But hey...

[mercer95] 11/12/2017 14:53

1-90p breakout would be well sweet

[blueteam] 11/12/2017 14:16

yes may well go through the £2 mark as some good news afoot. Shorters from institutes will be looking to buy back and close.

[spirito] 11/12/2017 13:53

on the move again.

[frazboy] 09/12/2017 09:49

Some information here on what is happening in Uganda



I didn't realise that the delays to the signing (and payment) of the farm out was due to wranglings between CNOOC and Total. From my reading other articles it would appear that progress is still being made in the background on the pipeline etc

[nicebut] 08/12/2017 12:01

Strange price action- Brent up about 100 from close last night and this barely moved...BP is also a non mover...Very odd.

Patience required?

[spirito] 08/12/2017 11:59

Shorts down to 7.03%

[frazboy] 08/12/2017 10:46

Yep, quibbling a bit MarioPeter, and it's arguably in the noise, but debt @ 31/10/2017 is $3600m but perhaps $50m lower by year end? Depends on the costs associated with the RBL!

[frazboy] 08/12/2017 08:59

Mariopeter - that's what the guy said in the interview. I've got net bank debt at $1.25bn ish, giving $2.85bn total debt end 2018 assuming early $60s PoO. That would be EBITDA at a bit more than $1.1bn - sounds about right to me. Kenya farm down would be great but not essential

[paulbiya] 08/12/2017 05:06

Brent up 70 cents since U.K. Close 62.20 . Good day for TLW??

[mariopeter] 08/12/2017 00:34

United oil and gas was set up by former management of Tullow...curious dynamic.

Fraz you saying Tullow expect to reach their net gearing target of 2.5 ebitdax next year ? That would be something and feel very much that some form of farm-in is to occur on Kenya raising 500m cash.

[nicebut] 07/12/2017 15:31

Very low volume- Could just as easily open 5p up tomorrow. Needs buyers.

[ifthecapfits] 07/12/2017 15:31

Come on POO's going the other way...grrr

[billionaire1] 07/12/2017 15:10

reckon we have a better chance of reaching £1.50 than £2.00
hope i m wrong