Tullow Oil Share Discussion Threads

[stockport loser] 20/12/2019 12:05

Has someone been on the Sherry?

[auson1] 20/12/2019 11:50

Whites123,

Good post, wasn't there also a shutdown in drilling for a week or so ?

This will put the cat amongst the pigeons.

I will be quite happy if Carapa is heavy oil ( but not too heavy )

[xxnjr] 20/12/2019 11:35

Fair enough. We all have different perspectives.

[sbb1x] 20/12/2019 11:27

Until news

[xxnjr] 20/12/2019 11:25

Nah. 50p to 250p.
Talk about myopia.

[sbb1x] 20/12/2019 11:15

62.50 - 68.50 range ?

[whites123] 20/12/2019 11:13

For crying out loud...

Let me copy and paste it for you guys..

The drilling of the Carapa-1 well on the Kanuku Block in Guyana continues, with a result expected before the year-end. Carapa-1, operated by Repsol, is the first well to test the deeper Cretaceous play in Tullow's Guyana acreage.


That was direct from TLW via RNS (REGULATORY News Service)

Now: Expected = Anticpated, Likely.
Before year end = Prior to start of January.

11 Days left until "End of year"

MMahhhhhhhhhhhhh.... I want my cake and I WANT IT NOW... (Sob Sob Sob)...
Its NOT FAIR.... Mahhhhhhhhhhhh.....

Chill, there is lots and lots and lots of news due over the coming weeks / months..
Sure it would be nice if it came "Because you speculators / gamblers / traders" have bought in, but for us Investors who take a longer term wiew and another month wait wouldnt be an issue..
Its only an issue for those of you who think holding a share for more than a day means you are doing something wrong.

[aja2] 20/12/2019 11:08

Where does it state that; I've only seen late October.

[jayrh] 20/12/2019 11:07

20th of oct start date

[sbb1x] 20/12/2019 10:58

Look at all those 300 trades trying to depress the price.

[mccracken227] 20/12/2019 10:55

I don't think anybody knows the exact drill start date so at the moment it is just speculation

[sbb1x] 20/12/2019 10:53

Lots of games being played.... someone accumulating shares...

[master rsi] 20/12/2019 10:50

Unable To Keep Previous Day’s Gains, It’s A Groundhog Day For The Oil Bulls- Nadia Simmons - 20-12-2019

Although crude oil futures again moved higher during yesterday’s session, rising above the upper border of the rising green trend channel and 78.6% Fibonacci retracement, the bulls didn’t manage to hold gained ground. This very same development characterized action in oil a day earlier too.

Earlier today, the futures opened with another bearish gap, invalidation all yesterday’s breakouts. This is certainly a bearish development.

The daily indicators are still very extended, also supporting the likelihood of upcoming resolution to the downside.
Should the futures extend losses from here, the initial downside target for the sellers will be the Friday’s green gap.

Summing up, while the bulls appeared to have made a breakthrough on a closing basis yesterday or the day before, the following day’s bearish opening speaks differently. The lower border of the red resistance zone continues to keep further gains in check. This zone is marked by the upper border of the rising green trend channel, and the 76.4% and 78.6% Fibonacci retracements. The extended daily indicators support a downside reversal too. The short positions continues being justified from the risk-reward perspective.

[monopoli44] 20/12/2019 10:45

Not much going on at the moment a lot of people are staying away as Christmas is approaching and do not wish to have open positions.Will need to be patient and wait for 2020.Still confident something positive will happen and we will all be happy.

[stockport loser] 20/12/2019 10:35

Statistically the longer the wait the better chance of good news, dusters arrive quick. They've been in the pay zone for some time, so there has been quite an amount of testing done, that's no guarantee of a commercial find, although I don't think that is important here, just oil quality.

[stupmy] 20/12/2019 10:20

From my point of view the market is not factoring in a good or a poor result from Carapa. It's waiting for information that will allow it to value TLW shares.

[xxnjr] 20/12/2019 10:15

"Nice 90,000 buy"

£57.6K is not significant at all.

[captain james t kirk] 20/12/2019 10:05

The first line of your post is fine.
However, how do you know that the result is late, my calcs are that the partnership are between days 57 and 64 into a 60 day well.
Are well results announced earlier than planned always successful or conversely those announced later always negative.
It would make for an interesting analysis.

[sbb1x] 20/12/2019 10:01

Nice 90,000 buy

[wildsheroo] 20/12/2019 09:58

I'm out, just waiting for an RNS.Delayed news is always bad news.If results were good, we will have plenty of time to jump on it.

[mano300] 20/12/2019 09:49

Hi happy ppl! I just have a question if anyone know? If Tullow Oil got Taken over would the share go even more down or up?

[xxnjr] 20/12/2019 09:47

Shell's Abary well had 37 API traces in the drilling mud but that could have been because they were using "3 in one" on the shaker ;-) That well was abandoned after an in well blowout.