Tullow Oil Share Discussion Threads

[tidy 2] 17/12/2019 12:50

Completion of which looks like a handle of cup n handle is forming. If so we should break north. Intraday.

[tidy 2] 17/12/2019 12:49

The little dip there came back to fill the intraday gap.

[jibba jabber] 17/12/2019 12:46

Just broken out of the second wedge, promising.

[leoneobull] 17/12/2019 12:41

All it will take is for a major to take a stake and it is going to be a free for all with 7% bought back by African investors. Taking back control I suppose?

[stupmy] 17/12/2019 12:37

Light the blue touchpaper gentlemen

[xxnjr] 17/12/2019 12:35

For those who don't know, the making of Tullow (imo) was their acquisition of Energy Africa back in 2004, which lay down the foundations of everything that was to follow. So it's very interesting that

"In 1994, Samuel Dossou- Aworet approached Engen Petroleum , a predominant south African oil company, to form Energy Africa, the first pan African exploration and production company traded in the Johannesburg stock exchange. Ten year after its creation, the company was acquired [5] by Tullow Oil, doubling [6] the British oil company size in the process. Since, Tullow had successful endeavors in Africa namely in Ghana with the Jubilee Oil Field"



Samuel appears to have prospered since.

[tidy 2] 17/12/2019 12:29

Sit back and let them get on with it. Once loaded we will be carried up however long it takes. 70-80k bopd is a good income. Not worried about debt with the assets they have.

[ammu12] 17/12/2019 12:27

Selling is crazyStop selling idiots

[leoneobull] 17/12/2019 12:26

Professionals buying pi selling

[jibba jabber] 17/12/2019 12:01

Well that's not what i was hoping for.

[tidy 2] 17/12/2019 11:59

Im sure Mr Dossou-Aworet isnt the only deep pockets filling up.

[jibba jabber] 17/12/2019 11:45

Intraday wedge formed..........

[bootycall] 17/12/2019 11:40

Billionaire ? Co founder of Energy Africa and a professional petroleum engineer and legendary oil investor ... you can be sure he knows a little more about Tullow than the average muppet. I believe production
forecasts for next year will be back up to 90kpd within 3 months on the assumption of a 3 well work programme encompassing a couple of vertical wells. The Ghanaians are 5 years behind on their gas offtake and Tullow has had to reign back production because it cannot reinject much more gas into the northern part of the field . Once facilities are available top side in the 1Q you will see production forecasts rising again. Just my opinion.

[teamwork1] 17/12/2019 11:39

For him to invest so much money in tullow, do you think he knows something about the result

[ifthecapfits] 17/12/2019 11:25

cant find anything on otoil ltd.

petrolin some info here - hxxps://petrolingroup.com/en/

goodline investment seems to be a panama based company

cant find anything on the other holders.

[aja2] 17/12/2019 11:20

https://newafricanmagazine.com/15006/

[rayrac] 17/12/2019 11:13

Who the heck is the guy? Appears he represents some funds.

[aja2] 17/12/2019 11:12

Overseas investor has to declare over 5% holding so anywhere from 0-4.99% prior to announcement.

[teamwork1] 17/12/2019 11:08

We need one of the directors buying, to get the confidence going

[tidy 2] 17/12/2019 11:07

Is that 7% theyve bought?

[theapplefreak] 17/12/2019 10:51

TR1 released with someone taking on shares.

[costax1654x] 17/12/2019 10:16

ECO is safer than Tlw on the Guyana play

[theapplefreak] 17/12/2019 09:19

What's beyond infinity?

[stupmy] 17/12/2019 09:03

To infinity and beyond!!