Tullow Oil Share Discussion Threads

[subsurface] 12/12/2018 15:17

Just brings us back to where we were a few weeks ago due to OPEC cuts taking effect in the new year,Does anyone think Tullow would be better off just working on new projects offshore? Removes a lot of problems Ghana /Ten Model projects bring in money from production after 3 years
from 2017 Uganda report
Uganda has bagged trillions of shillings so far in signature bonuses, annual surface rentals, sale of data, permit fees, withholding taxes, capital gains tax, value added taxes and royalties.

[knowing] 12/12/2018 13:55

Tullow Oil plc 35.1% Potential Upside Indicated by Barclays Capital

[ifthecapfits] 12/12/2018 07:57

Very good article Sub - thanks for posting.

[subsurface] 12/12/2018 02:25

Very good at making money even better at throwing it away, another problem Gabon Oil union starts 3 day strike over Employment layoff,s

[xxnjr1] 12/12/2018 01:12

Total about to spud FG well on the block TLW and RDSB threw zillions down the drain

[subsurface] 11/12/2018 23:18

Carapa hope its not!

[fraserdean] 11/12/2018 14:25

don't do it :)

[mcsean2164] 11/12/2018 13:52

Also, wondering if anyone could recommend somewhere to buy oil contracts? Currently looking at CME ( but no experience with options....

Any advice appreciated, (besides the obvious --> don't do it)

[mcsean2164] 11/12/2018 13:51

Back on track to some degree, just took a look at US inventories up to end November. Given OPEC Janauary cuts, I think this has been overdone.

[mamama1] 11/12/2018 13:47

Did some one say Guyana is still speculative! Really, think Exxon wouldn't agree

[fraserdean] 10/12/2018 11:57

At least everything else in the world is more assured

[alfiex] 10/12/2018 11:14

Dont bank on anything here, Guyana is still speculative, and with the last few years drilling record... maybe just a long term to pay off debt, it then should create some real value.

[ifthecapfits] 10/12/2018 10:47

Doubt it - but Guyana might focus minds......

[binarypilot] 10/12/2018 10:38

Is it poised for a takeover yet?

[xxnjr1] 10/12/2018 10:27

This is going well!

[oilretire] 10/12/2018 08:26

Looks like a bit of a further delay due to pipeline tariff discussions....



......One of the reasons for choosing the Hoima-Tanga route was because it was the least costly, not more than $12.2 per barrel of oil transported through the pipeline. That was the understanding and agreement. But down the road as we are trying to finalise the [negotiations] the financial model brought out different issues, which were going to go beyond what we had agreed upon and therefore that held us back," she told reporters after a joint Tanzania-Uganda meeting on Friday.

She added: "We needed to negotiate and discuss and agree so that [the companies] are able to move again... As the Ugandan government we have been able to communicate with the companies what our expectations are, and now we have to harmonise our understanding with the government of Tanzania so that each one of us enters into the Host Government Agreement (HGA) with the pipeline companies so that work can commence... "

[subsurface] 08/12/2018 04:28

Peru Thoughts


Thankfully The blocks Tullow are interested in are all Offshore,Has to be FPSO type situation Onshore too Risky IMHO

[ifthecapfits] 07/12/2018 14:38

That would be nice. Should hot up a bit when Guyana gets going.

[topazfrenzy] 07/12/2018 14:14

This is going to double in next 18 months IMO

[topazfrenzy] 07/12/2018 00:41

Giant reversal coming, fasten your seat belts