Tullow Oil Share Discussion Threads

[stevenstevo] 02/2/2019 00:28

Bought in at 261 and have averaged down , now at 209 should see some blue next week was going to buy eco Atlantic at 42 but punted tlw instead haho.

[stevenstevo] 02/2/2019 00:27

Bought in at 261 and have averaged down , now at 209 should see some blue next week was going to buy eco Atlantic at 42 but punted tlw instead haho.

[subsurface] 01/2/2019 23:59

Gordo58 Please could you tell what is the significance of that? what does it tell a smart investor,thanks SS

[gordo58] 01/2/2019 16:38

1 in 4 of the shares traded today shifted in the closing auction hmmmm….

[mcsean2164] 01/2/2019 16:17

Goodbye 200p!

[subsurface] 01/2/2019 02:32

Guyana News
I Hope elections dont not derail our drilling plans.

[subsurface] 01/2/2019 02:17

Kenya Needs legal framework in place

[subsurface] 01/2/2019 02:01

Uganda Update
Interesting comments on Security

[subsurface] 01/2/2019 01:49

Some good news From Ghana.

The field recorded 20.59 million barrels of oil, compared to 24.30 million barrels in 2017, representing a reduction of 15 per cent.

With the field expected to be operational by the first quarter of the year, the government is forecasting 32.84 million barrels in 2019.

[subsurface] 31/1/2019 14:29

what a mess the world is in !

[subsurface] 30/1/2019 23:07

With America putting sanctions on Iran and now Venuzula. they are tightening there grip on Oil ,v Saudi pledge deeper oil cuts in February. Tullow just tracking the market turbulence with very little to under pin a rise until drilling gets going.

[subsurface] 30/1/2019 22:37

Mariopeter.I think Guyana is one of the best chances for a transformational change and if we are successful it will help draw a line under previous events but Tullow must take care and learn from the past
To help you get up to speed,have a look at slide 21 for drilling program 24/25
25 shows the prospect location first up will be the Jethro lobe Tullow 6O% total 25% Total had 3 months to decide to participate the they confirmed in circa a week!! dont know if Tullow will farm down Hope not.



From eco







Kanuku
Tullow 37.5 % Repsol and Total
I was looking last week for more information quite a history to this block I wrote to Repsol to ask how many prospects no reply ,but found an interview talking about a couple. start to drill around 3rd quarter 2019 ,
Gets the juices going love that slide 25

[alfiex] 30/1/2019 13:39

Jinxed it again mcsean2164 ?

[mariopeter] 30/1/2019 09:06

Surprisingly muted response by oil market for sanctions on Venezuela.

Think we have two drill ships in Ghana. I would welcome some contemporaneous feedback on each of those drills. Very likely some game changers in there.Currently the market views our cap-ex as repair costs and that may not be the case. Investors are also bored and so have been leaving.

3 wildcats in 2019......missed that and thanks for highlighting it SS.

I chose Tullow instead of an oil etf when poo about $38 wti....mistake.

[billy_buffin] 29/1/2019 08:56

Big deal for Venezuela if their imports cut. Most US Gulf Coast refineries designed on heavy crude and use Venezuela imports. They can blend in some Permian.



Edit: More Saudi oil as substitute?

[subsurface] 29/1/2019 03:28

In the news America is threatening Venezula to freeze assets worth $7 billion and does not rule out military action over the state of the country.
I dont think the Venezula Navy will be giving Exxon many problems in Guyana somehow!
I Wonder if Uganda and Kenya have assets in UK perhaps our government can get behind Tullow.and China too

[subsurface] 28/1/2019 23:03

sorry sticky mouse repeat post

[subsurface] 28/1/2019 22:59

From Kenya African report.


Security cost a third of the cost of the pipeline adds weight to staying with FPSO model.

Uganda news seems more positive at the moment!

Guyana drilling from january 7th report 2019

Exxon Mobil said Monday it began drilling new exploration wells offshore of Guyana as the nation's biggest energy company continues to expand its efforts near the tiny South American nation.

The new drilling comes about two weeks after Exxon Mobil abruptly halted some of its seismic data gathering activities offshore of Guyana - but nearer to the Venezuelan border - when a contracted vessel fled after being confronted by the Venezuelan navy.

Irving-based Exxon Mobil, and its New York-based partner Hess Corp., insisted the naval incident would not stall its exploration and drilling activities elsewhere off of Guyana's shore.

Exxon said Monday it started drilling the Haimara-1 exploration well, which is located almost 20 miles east of the previous Pluma-1 discovery in the southeastern portion of what's known as the Stabroek Block. Exxon is using the Stena Carron drillship that's operated by the United Kingdom's Stena Drilling.

And Noble Corp., which operates out of Sugar Land, will use its Noble Tom Madden drillship to drill a second exploration well in January, the Tilapia-1 well, which is about three miles west of the Longtail-1 discovery. The Tilapia-1 well is located in the growing Turbot area,

[subsurface] 28/1/2019 22:59

From Kenya African report.


Security cost a third of the cost of the pipeline adds weight to staying with FPSO model.

Uganda news seems more positive at the moment!

Guyana drilling from january 7th report 2019

Exxon Mobil said Monday it began drilling new exploration wells offshore of Guyana as the nation's biggest energy company continues to expand its efforts near the tiny South American nation.

The new drilling comes about two weeks after Exxon Mobil abruptly halted some of its seismic data gathering activities offshore of Guyana - but nearer to the Venezuelan border - when a contracted vessel fled after being confronted by the Venezuelan navy.

Irving-based Exxon Mobil, and its New York-based partner Hess Corp., insisted the naval incident would not stall its exploration and drilling activities elsewhere off of Guyana's shore.

Exxon said Monday it started drilling the Haimara-1 exploration well, which is located almost 20 miles east of the previous Pluma-1 discovery in the southeastern portion of what's known as the Stabroek Block. Exxon is using the Stena Carron drillship that's operated by the United Kingdom's Stena Drilling.

And Noble Corp., which operates out of Sugar Land, will use its Noble Tom Madden drillship to drill a second exploration well in January, the Tilapia-1 well, which is about three miles west of the Longtail-1 discovery. The Tilapia-1 well is located in the growing Turbot area,

[hsfinch] 28/1/2019 19:43

Very big fall today. My own view is that speculators are getting bored with oil and with shares like tlw. It's likely that this one will drift lower on thin volume.

[subsurface] 28/1/2019 13:53

Also found out that a very good pointer to a good company is one who buys back its shares from time to time,

[subsurface] 28/1/2019 13:44

Thank you Macsean I was looking on the web how to remove one, also
Would it be of use to voice our dissatisfaction with some of the big Tullow share holders.
pledge our vote with them if they feel the same way to get the changes we want
Standard life,M and G investment management etc,

ect/ect.

[mcsean2164] 28/1/2019 09:49

SS,

Excellent points on the board and executive committee. Sadly, Aidan as the driver has left and it seems the passengers don't really care where they go as long as they're paid...