Tullow Oil Share Discussion Threads

[oilretire] 18/4/2019 23:59

Another discovery in Guyana

[billy_buffin] 17/4/2019 15:20

Pleasure C

[catom1999] 17/4/2019 14:08

Billy,
Thanks for that seeking alpha article.
Very interesting and like all your posts over the years, well spotted and valuable.
Thanks again

C

[subsurface] 17/4/2019 09:48

Very positive lets get the debt down. I am happy getting the dividend ,had the management forgone pay rises this year, they perhaps could of held off all shoulders to the wheel!

[subsurface] 17/4/2019 03:30

Uganda



Kenya
crude will be discounted at $2/b of Brent price to potential international buyers ahead of a major crude production in 2022.

[subsurface] 17/4/2019 03:09

Argentina, Nice to see Tullow keeping pace with the big boys,I know its a long way off but Tullow must manage the risks of location and deep water drilling and let the others do the spade work first in my opinion.
Guyana Tullow talked about drilling two and taking a break and Gil says possible 6 wells .given that the first two results will be known by end of August hope they carry on 15 potential drilling prospects were identified in the Orunduick block.
We also have Carapa on the Kanuku block to look forward to.
Next trading update 25th April. After what seems like years in the wilderness its now go go go.
Seems to be a lot to like about Gil and Eco and what he has accomplished with a very small team!

[oilretire] 17/4/2019 00:27

Pics of the blocks in this article

[rationaleee] 16/4/2019 19:03

Upstream reporting that TLW nabbed some blocks in Argentina..

"Qatar Petroleum, ExxonMobil, Shell and Tullow Oil have emerged as high bidders for a range of blocks in Argentina's first deep-water offshore bid..., Tullow landed blocks 114, 119 and 122 in the Malvinas basin, which lie in the northern, middle and southern parts of the basin respectively. "Recognising"

[billy_buffin] 15/4/2019 22:32

Orinduik maybe more wells in campaign

It (Eco) suggests as many as six wells could potentially be drilled in the Orinduik block, should the first phase of results provide sufficient encouragement. A rapid campaign would somewhat follow the blueprint of Exxon’s neighbouring Stabroek block, where the US major has rapidly drilled and made discoveries in 12 exploration wells since 2015 (unearthing more than 5bn barrels of crude oil)

[subsurface] 13/4/2019 02:20

Africa press Kenya


Looks like so many problems Kenya Government needs to do more.reminds me of Nigeria.
is going to be a drag on Tullow for years to come.
Offshore FPSO model much better.

[cashandcard] 12/4/2019 14:34

Getting interesting over the pond.

Chevrons $65/share bid for Anadarko has just been trumped by Occidental Petroleum at $70+/share.



Cash

[billy_buffin] 12/4/2019 14:29

TLW? Not likely, but Share price did jump while back.

[subsurface] 12/4/2019 04:29

Might be of interest

[subsurface] 11/4/2019 01:28

Very disappointing indeed given the Oil price.
Lots to look forward too,lots of news flow expected ,for the rest of the year FID Uganda has to be completed to make any progress in Uganda Kenya will no doubt drag on for years.
From Africa press

public participation of the Turkana communities to ensure that they do not sabotage the project.
Rains were late this year so people living under very difficult conditions usual tactic if they dont get help from the government they will get noticed by holding up the oil project.

[porschepanamera] 10/4/2019 16:44

Really struggling with this share, if Guyana does not come good it will be stuck for years unless taken out

[subsurface] 10/4/2019 01:44

Oh Uganda! New Roads everything on a shoe string budget
The contract agreement between UNRA and the contractor, according to Ms. Kagina, states that the contractor will pre-finance and execute construction works for a period of 12 months from the date that the task begins while the Ugandan government secures funds for paying for the works to be executed.


Guyana great video

[subsurface] 09/4/2019 07:45

Guyana new interview from Gil at ECO

circa 40 days to drill Jethro ,20/25 to drill Joe and plenty of money to move forward quickly if required.

[subsurface] 08/4/2019 02:20

African press
Uganda National Oil Company Limited (Unoc), Mr Peter Muliisa, agreements relating to the Final Investment Decision (FID) are pretty much done.
(UCMP) fifth annual oil and gas convention slated for early next week, Mr Muliisa said over the next four weeks or thereabout, announcement on the matter will be officially made, considering that consensus on the agreement has been reached.

Be interesting to see what is said at the convention.

[subsurface] 07/4/2019 04:38

Ghana news deep water deal for Exxon



Deep wells /deep pockets hope Tullow get a good block that compliments there facilities
Tullow Exxon Guyana/Tullow Exxon Ghana swimming in the right place!

[subsurface] 07/4/2019 03:18

fron African press on Kenya


may be not so easy to farm down

[jimarilo] 06/4/2019 23:38

Cheers SS, that rules TLW out for this year in Nam

[subsurface] 06/4/2019 05:53

Does this help? On the latest Tullow presentation slide 30 is the drilling program nothing until 2020 and not clear which they will drill first

[jimarilo] 05/4/2019 22:10

This is the December presentation from Seapulse it shows who their partners are going to be (page 6)



Partners listed include M&P, Eco, Char, AEC and Tullow all of whom have licences in Namibia

This is the February presentation from Seapulse and shows three Namibian wells and no Italian wells since the exploration ban has been enforced



Anyone have an idea what they are up to or where they will be drilling this year ?