Tullow Oil Share Discussion Threads

[xxnjr] 27/11/2019 12:50

TEN cost about $4bn to first oil. TLW started with 49.95%.
Currently on 47.18%, but weird they haven't reduced % to a lower number.
Hopefully Total will takeover as the operator at some point.

[fraserdean] 27/11/2019 12:48

They're closing a deal to buy into Dussafu off Gabon which will be producing 40,000 b/d, every little counts

[captain james t kirk] 27/11/2019 12:48

Perhaps sharply was a bit too dramatic. To the east in the Orinduik, having a pop at both the Amaila and Kumaka in the Cretaceous, if technically feasible.

[xxnjr] 27/11/2019 12:29

Not sure where you mean by 'sharply east'? Are you talking Orinduik, Kanuka, or what? Its gas/condensate prone to the east; e.g Haimara. Next data there will be Apache's well in Suriname.

[captain james t kirk] 27/11/2019 11:58

Billy
I'm not a geologist but logically the map on P26 figure 3-9 is encouraging for the Cretaceous aged formations. I'll be amazed if the partners don't head sharply east for the first Cretaceous well.

[rationaleee] 27/11/2019 11:51

Tlw committed and spent over a billion dollars on TEN in the $100/bbl era only to get 30kbopd production boost. Today Tlw can buy 30kbopd producing assets in Africa for less than a billion dollars. Tlw has overpaid for Ten on a per Barrel basis versus what is available in today's market. Tlw should boost reserves and production by making an acquisition of at least 20kbpd funded by cash and undrawn facilities. This might increase the debt by say 500 MN but ebitda will go up a lot more as oil moves back up slowly to Saudi range of $70+. Miss the original founder chief who was passionate about the business and wasnt sloppy enough to say a discovery well is transformational without confirming if it is commercial.

[spacedust] 27/11/2019 11:37

Must finish 140p plus

[billy_buffin] 27/11/2019 11:17

Wells around Carapa-1: History of Legacy Wells Figure 3-51 (amongst numerous other data)

[cielos] 27/11/2019 10:08

re - Costa - always negative, worst than a flat battery.

Choose the best because it could be the worse

Costa coffee - as bad a coca cola - "Costa Coffee fans have been left disappointed after
                being let down by the high street chain's promise of 'free coffee' today."
Costa the Greek - low life eeating pretenders
Costa name - Konstantinos (Constantine) now as bad as the Turks owners


Costa Rica - Full of life paradise
Costa del Sol - Sun all the time ex-pats paradise

[costax1654x] 27/11/2019 09:45

COS still 15%....I m afraid

[stupmy] 27/11/2019 09:44

Same experience here Mercer. I've filtered him. I see deanroberthunt also here. Another I've filtered from other boards (which incidentally they killed stone dead).

[costax1654x] 27/11/2019 07:22

Carapa 1 With 15% CoS comes in a bad moment If is a fail!

[spacedust] 26/11/2019 18:39

Over 140p tomorrow for no reason unless bad news. If good news is released the rise will be muted and boring.

150p at some point in December for absolutely no reason whatsoever......

[deanroberthunt] 26/11/2019 18:14

REMEMBER THE HEADY DAYS OF £16 A SHARE

[cielos] 26/11/2019 17:00

Well at leas finished blue for a change
and as is a lower UT price, tomorrow could start higher and give a starting blue price

[alfiex] 26/11/2019 16:49

The charts do not make Carapa 1 find oil, the chatts are just historical data

[master rsi] 26/11/2019 16:41

The UT was not generous with the share price
2,39M @ 137.60p compare to the closing spread 138 v 138.25p

[master rsi] 26/11/2019 16:11

Someone is manipulating the stock on the afternoons, and did manage to bring is down to almost yesterday close and at that point 15:34 to bounce back to the same level of earlier.

[master rsi] 26/11/2019 15:24

BRENT oil has been moving higher since WALL street opening now over $64 +0.52

Maybe with time the movement up will take hold, so far the last couple day, the share price was already on the red for the day after being up in the morning

[spacedust] 26/11/2019 15:23

You guys will either feel smart or stupid talking about these charts.

150p at point in December for no reason

[master rsi] 26/11/2019 15:17

Stupmy

That GAP is from 205.12p drop to 180p
So on rising to 180p then anything above would be a BREAKOUT looking for the 205p GAP

[stupmy] 26/11/2019 14:59

Master the 85p gap is from 2004 (again from memory) so much more than 4years ago. It shows clearly on either the weekly or the mthly chart. I posted it relatively recently (last week or two).

[stupmy] 26/11/2019 14:48

I previously posted a chart to show the gap to 85p. There is (from memory) also a gap that would close around 130/135 (I can't show you that as my daily data doesn't go back far enough). Obviously your chart is showing the gap that closes (from memory around 205). Without news none of these are necessarily targets. But with news that has the potential show jethro/Joe/Carapa to be non-commercial. I don't exclude a big move to the downside. If Carapa comes in as being great, I thin price will start to look for that 205 gap.

[master rsi] 26/11/2019 14:25

Stupmy

re - sub 90 or over 150

You have to go close to 4 years to see 90p as support, but I only need 6 month to see 250p.
so I see not much rationale on the above numbers, only to say above 150p can be any number above that, therefore your 150p should be much higher