Tullow Oil Share Discussion Threads

[xxnjr1] 29/11/2018 18:18

Always thought you were in AUS SS? Or is it BKK? Goodnight!

[subsurface] 29/11/2018 18:10

Thanks ,funny I fell asleep missed the first 20 minutes,goodnight from the land of the Chang

[xxnjr1] 29/11/2018 18:01

The early Jubilee wells clogged up with "fines" at high production rates, as the gravel pack completions weren't optimal. Forgotten what the fix was, but there were some time consuming well interventions which sorted the issue.

[subsurface] 29/11/2018 17:47

Going back to the early Jubilee days I remember they had a well producing similar rates Tullow did some work on it and production ended up much lower

[subsurface] 29/11/2018 17:41

The price of Oil has got them out of trouble I feel they are still trying to punch above there weight and trying to move in so many directions
Uganda they are not confident this will go through on time.Ghana Ten FPSO was good for 85,000 bbls a day and Jubilee 125,000 bbls I wonder if the new loading facility is restricting Jubilee
The digital stuff was padding the cost v what we get out of it is important.

[xxnjr1] 29/11/2018 17:38

New well Ntomme-5 was a standout. (The "N" in TEN). Producing @ 20K bopd

[xxnjr1] 29/11/2018 17:19

Pity the poor analysts having to sit on those uncomfortable chairs, squeezed around round tables for 3.5 hrs! Luckily I was lying down on a couch. zzzzz! Missed some of the talk but luckily woke up when the W.Afr (Ghana + Non.op) producing assets section started, followed by the CFO's talk, both of which were good. Earlier sections, or at least the bits I recall, seemed a bit sleep inducing. Maybe I stayed out too late last night.

[mcsean2164] 29/11/2018 16:41

This looks better:



Business that works well at $50 per barrel.

[mcsean2164] 29/11/2018 16:28

good grief dreadful hedge price for 2019!



I wonder how much they got paid to hedge 2019 at $57?? How much did it cost??

Also, this is very boring. What are the takeaways??

Low cost oil and $4.2billion debt facility for the low cost oil. How can he stand there taking about lost cost with the massive debt Tullow has accumulated getting the 'low cost oil'?

[xxnjr1] 29/11/2018 14:58

It's live now, except they are taking a 10 min break right now

[mcsean2164] 29/11/2018 14:31

Oops, just seeing this now, not exactly a lot of notice. Is there a dividend? Can anyone summarise the presentation? Looks like TLW following the poo today.

[mccracken227] 29/11/2018 14:12

Dividend looks to be about 5p per share

[xxnjr1] 29/11/2018 14:11

Angus is still talking about 2006!

[fraserdean] 29/11/2018 14:03

Boom boom :)

Yes, but they will only serve around 3.5 in the fine print, and what happened to the rest of the A team? A simple web search shows up some things that should not be allowed, imho etc.

[xxnjr1] 29/11/2018 13:16

Lots of padding afaics in this



Lots of waffle in first 30 mins!

[topazfrenzy] 29/11/2018 13:13

I bought in today, good timing? Haven't been in here for a couple of years.

[xxnjr1] 29/11/2018 12:35

The man at Cove, when at Dana, must have been Cross with Tom ;-)

Afren guys are now serving 14 yrs, and 16 yrs, at Her Majesty's Pleasure.

[knowing] 29/11/2018 12:18

Looks like the new Broker notes are being sent out

[fraserdean] 29/11/2018 12:08

The bloke at Cove was always banging on about how when he was at Dana he wanted to drill Jubilee but was never allowed to, can't remember the name but made some good money out of that lot, then lost half of it on Afren :)

[ifthecapfits] 29/11/2018 11:24

Oh er. Divi back on the table - nice. Looking into the possibility of a one of divi too.

[xxnjr1] 29/11/2018 11:18

that's a strange one SS.

[knowing] 29/11/2018 10:40

Share at a near one year low and you read this

[subsurface] 29/11/2018 10:17

Good for you, how about this