Tullow Oil Share Discussion Threads

[bootycall] 11/12/2019 09:03

Billthebank. M&G are not out. One of their team has dumped... others still hold.

[captain james t kirk] 11/12/2019 09:02

Bootycall
Largely in agreement with the sentiment of your post 36994 but I see Carapa as the next binary piece of news. If it's bad there will be another hit and as I've said elsewhere, a discovery isn't good enough, they will have to flow test it to give some numbers to the market. If it is a discovery, then I miss out short term but that's a risk I'm prepared to take, particularly with the less complex ECO option also available.

[datait] 11/12/2019 08:52

Going red I think

[subsurface] 11/12/2019 08:49

here here and get Africa out of there head!

[mariopeter] 11/12/2019 08:49

Yes Morning xxnjr,

T or CNOOC could do the entire thing. The reserves are vast indeed. Could nearly wipe out Tullow debt alone. Feel a rights may be on the cards if there are no quick sales.

[xxnjr] 11/12/2019 08:44

Need to junk the HQ in Chiswick, move to an industrial shed in Hounslow, and fire about 40% of the payroll.

[sbb1x] 11/12/2019 08:41

The day has just begun. Cant expects instant 10%Mid 50s end of the week

[999rp] 11/12/2019 08:40

Should be interesting day the price has fallen conserably. A lot of talk on the stability but I wonder if the new appointments to the board can steer Tullow back

[xxnjr] 11/12/2019 08:40

Hi there Mario - I think T will exit EA lock, stock and barrel. Need the cash to pay down the debt. CNOOC/Total will probably take all of Uganda. Not having Tullow around will probably get the project underway [TLW fell out of favour years ago in Kampala]. Asian/Indian buyers could be interested in Kenya, providing Total still thinks Turkana is a goer.

[sbb1x] 11/12/2019 08:36

51s today people

[jusmasel99] 11/12/2019 08:35

I don't know if anybody else has commented on this but apart from the bad news the share price here was well and truly shafted by a computer trading algorithm. Looks as if that is settling down now and true value should emerge.

[sbb1x] 11/12/2019 08:35

Everyman and his dog knows this is why undervalued right now

[datait] 11/12/2019 08:32

come on baby keep moving up

[teamwork1] 11/12/2019 08:30

The only worry is any other bad news and down it goes.

[mariopeter] 11/12/2019 08:30

Uganda is not producing and non performing sucking up cash flow. A new farm out to Total however is likely....? (not for cash) now that the tax issue seems to be resolved. They need to reignite the pipeline too to Tanzania which was cancelled because the Ugandan government were not playing fairly with the oilers. Uganda is East Africa. A real achievement would be to build a pipeline from Uganda through Kenya to link up with Tullow oil in Turkana although that would be too easy but now that the Ugandan government are on the back foot ......

[wodahsnoom] 11/12/2019 08:26

Whatever is said about debt and going bust the fact is it won’t be sold on the cheap because there is no pressing need to sell

[m5] 11/12/2019 08:26

There is certainly a lot of upside here chaps, but steady as she blows.

[sbb1x] 11/12/2019 08:22

51s today and 56s by end of the week

[m5] 11/12/2019 08:20

Kicking on now could we see 53p today. If we can break 53p next port of call 80p but I would be happy with a steady move over 50p, DYOR

[umitw] 11/12/2019 08:20

There is a demand for the shares this morning

[sbb1x] 11/12/2019 08:15

Bargain bargain bargain

[ohdearohdearohdear] 11/12/2019 08:10

"Why should i tell a troll like you!!! "

So you don't know. Just as I figured.