Tullow Oil Share Discussion Threads

[mcsean2164] 11/10/2019 08:50

yeah, definitely not the US/ sa or UK....

"There was no word from Saudi Arabia on the reported attack and Saudi officials did not immediately respond to requests for comment. "

[xxnjr] 10/10/2019 17:40

Our friends Total/Qatar Petroleum together with Petronas just paid US$980m signature bonus for a single exploration block in ANP Round 16 Brasil.

[mcsean2164] 10/10/2019 14:58

I'm considering it ;-) Quite heavy in here though ....

[rayrac] 10/10/2019 14:53

Buy more then! :)

[mcsean2164] 10/10/2019 10:28

Good grief.

Low cost production -- check
Valuable acerage -- check
New discovery in Guyana potentially worth billions -- check

Market cap above �3 billion -- No

What is going on? We were in better shape a year ago before the Guyana discovery... very frustrating.

[frontdoor bull] 09/10/2019 19:03

BBC News - Turkey launches offensive in northern Syria with air strikes

[carlosalberto70] 09/10/2019 09:51

Repsol 3Q19 TS out this morning but just their headline numbers.
Actual results out on 31st Oct.
By which time we should know the Carapa start date.

[costax1654x] 09/10/2019 06:38

Brothers check Ptal ,read about it Cause it might be beneficial for you short term gain!Thanks

[billy_buffin] 08/10/2019 15:47

Something happening re Carapa:

So both GH Navigator and GH Challenger have left TT anchorage in tandem slow steaming (3.3 knots)GH Navigator says bound for 'Carpa-1' (sic) ETA early evening local time 13th. Are they towing something?

[mccracken227] 08/10/2019 10:16

Credit to Maccamcd over on eco threadNote out from Jefferies equity research 'Jethro is "highly commercial" on a standalone basis' Tullow Oil (TLW LN)UK | Oil & Gas Exploration & ProductionRATINGBUYPRICE205.00p^PRICE TARGET (PT)275.00pMARKET CAP£2.9B / $3.5BKey TakeawayA week on the road in the USA & Canada with Tullow's Exploration Director Angus McCoss provided a confident articulation of both development potential in Guyana "Jethro fast-track potential in 3yrs" and future exploration "10 years of prospect inventory". Countering that was production reality in Ghana where the 180,000bpd gross production target has been stepped away from & Uganda development effectively in impasse until tax treatment can be agreedInsightsInside this note we provide insights on the three key topics from meetings last week:1) Guyana Exploration Results, Upcoming Carapa Well & The Next Steps - Jethro is "highly commercial" on a standalone basis, and TLW are considering development options, including a fast-track development option which would aim to achieve first oil in 3 years. Tullow are unlikely to enter a development with their current 60% WI & see a farm-down to ~40% as the right level moving forward. The upcoming Carapa-1 well is targeting a channel prospect which is part of the Liza feeder system. When asked on why the choice of the Carapa prospect, Mr McCoss said "we couldn't not drill the feeder to Liza". However, Carapa is riskier than the Jethro & Joe wells, with Tullow guiding to a 15% CoS. The Carapa-1 well should spud this week & a result can be expected around end-November. Given the size of the prize in the Cretaceous, Tullow described Carapa as the "most important" well of its three 2019 wells.

[billy_buffin] 08/10/2019 09:36

The three OSV's named as involved in the Carapa drill are all off Port of Spain anchored up. No sign of the rig using its 2 recent re-namings suspect not broadcasting its position on AIS.

[matt] 07/10/2019 20:06

The article says Tullow will begin drilling a $20mn well at the Carapa prospect in October. Is there some other info on this?

[costax1654x] 07/10/2019 18:32

Dear friends in know a company who will do 100% upside in 3 months (not tomorrow or this week) !Might be 80-130%!Is called PTAL!Have a look into it!Call me ?!oil

[billy_buffin] 07/10/2019 16:14

Carapa Oct

[manicat] 06/10/2019 20:31

if you look on page 28 and blow the picture up it shows the jethro channel shaded as a discovery and its about 10 miles long now i know its not been drilled but total seem to think its full of oil and thats commercial in anyones book

[billy_buffin] 06/10/2019 18:26

Tullow Oil says it has not yet determined if the (Guyana) discoveries are in commercial quantities

[frazboy] 05/10/2019 20:34

I see Iraq is getting a bit lawless once again - approaching 100 dead in the last 5 days... it amazes me how quickly oil loses its shine after a geopolitical risk event - the Saudi attacks have essentially been forgotten and the likelihood that they could be repeated is, presumably, considered near zero.

Sooner or later the ME is going to blow up and even a Trump inspired recession isn’t going to save the day. That, and the realisation, for now that limp growth is the best you can expect from shale in the short to medium term.

[hsfinch] 05/10/2019 09:32

The company is chock full of overpaid management AND staff. They've been milking shareholders for years.

[manicat] 04/10/2019 22:18

lets hope this Irishman will run the sliderule over tullow

[alfiex] 04/10/2019 16:48

badger36 you are right its a dog, but don't know what will get it to the level it should be. It's as though Guyana has never happened.

[mccracken227] 04/10/2019 10:36

Still waiting for mine, with Halifax

[subsurface] 04/10/2019 10:25

Hit The Bank this Morning Mccracken

[mccracken227] 04/10/2019 09:36

Dividend due today 1.89p per share