Tullow Oil Share Discussion Threads

[cricklewood] 12/8/2019 10:25

My self included.

[oilretire] 12/8/2019 10:21

Probably quite a few invested here........for years..... probably take double figure share price to get us excited again ;-)Excellent news today though to start a decent recovery over the next year or two.

[cricklewood] 12/8/2019 10:18

Its a wonder the (fill da boots) brigade were not out in force, LOL.

[argylerich] 12/8/2019 10:08

Just not quite as exciting as ECO I guess ;-)

[cricklewood] 12/8/2019 10:02

Not many on here invested then ?

[xxnjr] 12/8/2019 09:38

missed the intros, any reason Angus was absent?

So far it's Oil Down To. OWC will be a step out well (next yr I guess).

Net to Gross about 90% (good), although probably different lobes in that (thats normal).

Already looking at it as a potentially stand alone development irrespective of Jethro Lobe (sounds positive).

I reckon Jethro is Tweneboa, and Jethro Lobe is Enyenra (Ghana lookalikes).

We have stopped at the 200 EMA.

[frontdoor bull] 12/8/2019 09:31

Whats the true value now ?

[robizm] 12/8/2019 09:24

Tried to get on the conference call but no luck

[manicat] 12/8/2019 09:08

is the conference call live ?

[mccracken227] 12/8/2019 09:00

Anybody know if we will get any benefit of the Hammerhead of Exxon overlapping into our block?

[bootycall] 12/8/2019 08:55

Bocase ... this is a new oil province for Tullow. A pre drill estimate sub 100m bls will now be upgraded... but the amount which can be proven from well bore analysis on a single well is limited. The key is tying in the drilling results to the pre drill AVO analysis. If the bright spots are being correctly identified ( as in the case of Jubilee) we can have increasing confidence in exploiting the prospect inventory of 16 tertiary prospects of the two blocks. Guyana has the best licence terms in our all our acreage .. the drilling costs are very low and the netbacks will be correspondingly high. If the prospect sizes are commercial, the idea of $1 in the ground will look ridiculous in 12 months time.

[supermarky] 12/8/2019 08:39

Can I please ask what are the current mid range target prices for tlw?

[alfiex] 12/8/2019 08:35

Happy days

[frazboy] 12/8/2019 08:18

I went for 1 bn STOIIP, 30% RF, so 300 MM recoverable. Assume 1 dollar per barrel for oil in the ground gives £150m (adjust for currency and 60% net interest) to Tullow's market cap this morning, or just over 10p a share. Play with those numbers and adjust for follow in potential and it's not difficult to see why Tullow is up 20p, Ecos share price is a bit more frothy!

[gerryjames] 12/8/2019 08:06

Uncrossing auction price just hit 200...lol

[subsurface] 12/8/2019 07:55

A chance for a transformational change well done all that held,Glad they kept the 60%.looks like party time at Eco,Uganda and Kenya can go on the back boiler,

[xxnjr] 12/8/2019 07:52

Good gracious! Take the blindfolds off Angus!

[bootycall] 12/8/2019 07:34

It will be the same old story... we will not be adequately resourced to drill out the prospects quickly enough.. and will be taken over before we can prove up the reserves. Everyone has become so negative up until now. Uganda is easily sortable and the Company will be stolen sub 300p if we are not careful. All ears on the conference call. By the way you guys were right to criticise the performance pay scheme ... the hurdles were too low and they should tighten their belts... but this Company has great potential.

[subsurface] 12/8/2019 07:17

Talking of 180ft net oil on ECO board any body got details?

[bocase] 12/8/2019 07:08

I am a new investor in Tullow and trying to catch up on events. This RNS is obviously good news but how significant is it in the grand scheme of things.

Comments welcomed please.

[inaminute] 12/8/2019 07:08

Nicely derisks future drills there

[billy_buffin] 12/8/2019 07:05

Good news Jethro came in

[billy_buffin] 12/8/2019 06:56

Massive overestimation of Guyana drilling campaign!