Tullow Oil Share Discussion Threads

[sux_2bu] 26/3/2018 13:08

Yup, im thinking that too, or very close to it.

[avidacre] 26/3/2018 12:56

I believe we will be over £ 2 today

[nicebut] 26/3/2018 12:49

The `options for drilling West africa` that is presumably the `second` rig that TLW talked about to supplement the Maersk rig drilling TEN and Jubilee- Speeding up the whole operation.

[sux_2bu] 26/3/2018 12:41

VED slowly falling for some reason.

Oil holding level-ish.

[cojones] 26/3/2018 12:00

TLW about to leave the planet.Hold on tight! ;)

[datait] 26/3/2018 11:53

pmsl I knew you would take the bait 12bn hehehehehehe

[12bn] 26/3/2018 11:17

Jonah Datait has bought in,time to sell!

[datait] 26/3/2018 11:06

should do very well from here

[ifthecapfits] 26/3/2018 09:35

hxxps://shorttracker.co.uk/company/GB0001500809/

new toy.

[sux_2bu] 26/3/2018 09:33

Support around 192.5

If it falls below that im thinking 186-ish for re-entry.


As it's volatile, anything could happen, missing my target and the boat sails off. lol

[sux_2bu] 26/3/2018 09:27

Just sold some to secure profit.

Now to find another entry target.

[jimarilo] 26/3/2018 09:08

Nice discount, Statoil paid $170/d on the previous contract

"On February 23, 2018, the Ocean Rig Poseidon has signed a new drilling contract with Tullow Namibia Ltd., for a one-well drilling program plus options for drilling offshore
West Africa. The contract is expected to commence in the third quarter of 2018"

"Dayrate: US$138,889/d" (p.34)

[blueteam] 26/3/2018 07:56

£2.20 next test level.

[leoneobull] 25/3/2018 20:56

Lullabite just put in a bid for 8 billion. That should be about right

[lullabite] 25/3/2018 15:42

How do you value tullow oil?Ev/ebitdax? Using free cash flow? Could someone give me an stimate of his valuations?

[nicebut] 24/3/2018 16:30

I notice that TEN gross production is forecast to be 64kBOPD for `18...This is some way below the capacity, which is at c80k...With the Maersk Rig starting this year- How long do you guys reckon it`ll take to move up to sustaining name plate capacity? I know TLW suggest there might be a bit of room for increasing the 64k figure this year, as the down time built in is quite conservative...and all being well.

1. But how many wells would it take to get it up to sustaining 80k and beyond?

That is some production. With PoO moving above $70- Should give some good years end figures..

2. Any ideas as to when TLW might start paying a dividend again? Where will the debt have to sit first?

[oilretire] 24/3/2018 13:00

Good spot xx, upstream subscription but the opening of the article is.......

French giant Total and CNOOC Ltd have struck a deal that addresses their long-running differences over equity stakes and operatorship of Uganda's 1.4 billion barrel Lake Albert oil project. The deal is expected to be rubber-stamped shortly by the Ugandan government, paving the way for a final investment ...

[sux_2bu] 24/3/2018 12:51

Hot off the press around 2 hours ago. www.kbc.co.ke/governor-nanok-cs-munyes-tours-tullow-oil-plants/

[sux_2bu] 23/3/2018 16:42

200p+ next week.

What a great roller coaster. A bit hairy at times but keeps my young ticker beating like a base drum.

[xxnjr1] 23/3/2018 16:35

Total and CNOOC have apparently settled their differences about how to proceed in Uganda, according to Upstream.

[cojones] 23/3/2018 16:27

Closing at the highs of the day after a shakey day so next week looking good for The Tullow .....at last! ;))

[brucie5] 23/3/2018 15:24

Bought in just now. I'm seeing the next step in the rising stair at about 2.50/60 level. There seems to be 30% between lows and highs, but possibly enlarging interval between the highs themselves. Besides that, debt being paid off surely a great sign.

[cojones] 23/3/2018 14:53

POO tantalisingly close to a breakout. Tin hats needed but just hold on to them ;)

[ifthecapfits] 23/3/2018 14:22

In anticipation of the yank pulling the Iran deal?

[mariopeter] 23/3/2018 14:22

Nice rns. Debt filled and pretty quick too.