Tullow Oil Share Discussion Threads

[subsurface] 19/9/2019 09:48

Nice Man Gil!
[...]

[stupmy] 18/9/2019 18:22

My guess is spot oil will fall to around 60, after that is the time to buy or not. TLW share price is clearly 'high beta'.

[mcsean2164] 18/9/2019 17:21

Monstrously good or monstrously bad?

[subsurface] 18/9/2019 15:42

a comment from the Eco lse site
I have have added again this morning. Spoke to a friend of mine at Tullow (said the upper tertiary is monstrous news and very low hanging fruit for Tullow.
it would account for the excitement of GIL in his interview

[jimarilo] 18/9/2019 14:13

10 mins in, he also says about Namibia "Its the Second hottest exploration area after Guyana.. News coming out on farm outs, new partners, well plans etc.."

[subsurface] 18/9/2019 14:03

Following the two discoveries and the opportunity presented by Hammerhead, Orinduik now looks like a big pool of oil traps when looked at with fresh eyes. The data gathered in the last month or so really strengthens our ability to interpret the field for future development – where the real opportunity lies,’ says Holzman.

[manicat] 18/9/2019 12:02

if gil holzman was elected to be the CEO of tullow the share price would double in a few months

[mccracken227] 18/9/2019 11:11

Gil Holzman sounds very positive about Guyana, if only Tullow were as forthcoming with their PR.

[alfiex] 18/9/2019 10:01

Interesting podcast from EcoHttps://www.valuethemarkets.com/2019/09/18/valuethemarkets-podcast-021-with-gil-holzman-ceo-of-eco-atlantic-oil-gas-eco/

[stupmy] 18/9/2019 07:39

POO could drop further to close the gap on the charts. Statements like that of Prince Abdulaziz feed these type of movements. Other 'optimistic' views also likely to air until that gap closes. At that point, it would be well worth trying to figure out where the true value lies. Quite possibly POO will move north again. Interesting times. Seasonally we should see demand rise into winter.

[subsurface] 18/9/2019 00:45

Tullows Latest overview presentation

[xxnjr] 17/9/2019 20:32

We'll see. I'm slightly sceptical. A few more snippets from the FT.



.....oil prices fell sharply on Tuesday — dropping more than 7 per cent — after Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, said the kingdom had restored half of the lost production and would fully restore output by the end of September.....

.....Four people close to the Saudi Arabian energy ministry cautioned, however, that the energy minister’s statement was optimistic and did not fully account for the severity of the damage at the facility, and appeared to contradict earlier guidance.

.....Russell Hardy, chief executive of Vitol, the world’s largest independent oil trader, told the FT it was unlikely the kingdom could return to full capacity so quickly.

“They won’t get back to normal, but get back to near-normal. What does near-normal mean? Does that mean they are a million barrels a day short, or 2m b/d short?” he said.

[xxnjr] 17/9/2019 16:01

Up/Down/Up/down!

[supermarky] 17/9/2019 15:59

The crazy world of tlw shares!

[manicat] 17/9/2019 13:45

oil in the upper tertiary could be produced between 10 or 15 bucks a barrel. only my best guess thats very profitable oil imo

[billy_buffin] 17/9/2019 13:22

14 or 16:

just as important as the net pay in feet is the areal extent i.e. combined 'acre feet' perm and porosity + other bits and bobs, but especially ACRE feet

[manicat] 17/9/2019 12:26

joe was never going to be a standalone field its was purely an exploration well in the upper tertiary to see if there was oil there. shallow oil is cheaper and easier to develop we all will be looking out for eco's next updated cpr to see how many more prospects will be added to orinduik PS i wish someone would confirm if its 14 meters or 16 meters

[mccracken227] 17/9/2019 10:53

It seems Joe was not as successful as expected, with the oil spike TLW should be this price at least, without yesterday's find, let's hope the next drill hits commercial quantities of recoverable oil.

[subsurface] 17/9/2019 09:46

Hi Manicat, Just refering to Billys post Next years drilling programe we have so much to look forward too.
I have been locked on to Repsol web page since January checking now and then for news its abit dull, but Tullow added it in the Jethro report Carapa looks a large prospect
hope they have clear sesmic definition.

[manicat] 17/9/2019 09:16

sub you have forgotten carapa on kanuku and uaru and macu on stabroek and maybe one more on stabroek not named yet ps tullow need to dril a big cretaceous on orinduik imo