Tullow Oil Share Discussion Threads

[pro_s2009] 21/2/2020 05:09

February 21, 2020

What’s at Stake for Guyana’s Oil Sector in the Elections?

Guyana’s general elections are scheduled for March 2, with the two main parties—ruling coalition A Partnership for National Unity, or APNU, and the opposition People’s Progressive Party, or PPP—vying for the presidency and control of the 65-seat parliament. PPP candidate Irfaan Ali said last month that the government’s deal with ExxonMobil for oil exploration and production offshore Guyana will not be renegotiated, but agreements with other firms, including Tullow Oil, Repsol and Total, would be “examined in totality.” How is Guyana’s electoral race shaping up? Who are the candidates to watch? What are the most important proposals with regard to the oil sector, and what’s at stake for Guyana’s blooming oil production?

Valérie Marcel, associate fellow in the energy, environment and resources program at Chatham House: “The stakes of the upcoming elections are high for the little South American-Caribbean nation, as it has just ...................

[leoneobull] 20/2/2020 18:03

Frustrating times. I expect abig recovery post results

[pro_s2009] 20/2/2020 15:53

Guyana elections on 2nd March 2020.

PPP party will revoke and/or renegotiate all oil licenses (expect Exxon) if they win.





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[waldron] 19/2/2020 17:29

Price (GBX) 42.40 Var % (+/-) -0.24% (Down -0.10)
High 43.56 Low 41.12
Volume 16,606,662 Last close 42.40 on 19-Feb-2020
Bid 42.33 Offer 42.46
Trading status Post-Close Special conditions NONE

[orkneyarab] 19/2/2020 15:01

I imagine Mr 12% guy is more in the loop than you are, so I think most would prefer to follow him than you.

[sbb1x] 19/2/2020 14:06

Brent 52 week low 53.11. On 10/11 febBrent now 58.80$Heading above 60$

[sbb1x] 19/2/2020 14:02

Mkt cap 590m

[wodahsnoom] 19/2/2020 12:18

Hopefully for him he will see your post and get some sense?

[roberto mancini] 19/2/2020 11:37

Bond prices fallen off a cliff the last 4 weeks, situation really looking desperate.

Going to be a placing soon enough to shore up short term debt and/or fire sale of assets. D4E.

The 12% guy has been propping this up, how much more is he willing to throw at this basket case, otherwise 10p.

[sentimentrules] 19/2/2020 09:26

30''s nor far away now

[alfiex] 19/2/2020 09:22

Sounds about right teamwork

[teamwork1] 19/2/2020 08:54

More buys then sell and it's in red

[mano300] 19/2/2020 08:25

Buy in now good price

[mariopeter] 19/2/2020 07:51

Fuji,

The world was slipping into a depression in 2008 and QE stopped it. QE has held the whole baby-boomer asset bubble up and only as recently as October 2019 the FED were at it again:



There is $300 trillion of investment now facing the prospect of having to pay for banks to house their money and mortgage rates are very very low. See reaction on the gold price.



Anyway the point is the traditional inflationary/ higher interest rate recession is not in play. What is in play is central banks constantly patching up cracks and the question is can they keep doing it. Learn about Harry Dent in this scenario. There is no safety in cash.

It strikes me that much will be up to China and when the dust settles on the virus they will seriously go for growth. So it could be boom or bust time and in the latter case remember there is no sanctum in a bank or your brokers bank. In the former there could be a nice warm place in commodities.

Heads or tails?

[theblackbaron] 18/2/2020 21:58

Eco Closed 2nd biggest vol since ipo 1.8m suggests something positive up within company share price ended flat

[theblackbaron] 18/2/2020 20:35

Yep looks something’s afoot 5th largest vol since eco ipo so will have baring on TLW some positive news for sure is leaking imo follow the vol

[ifthecapfits] 18/2/2020 19:15

ECO up over 50% ATM. Any read through here? Possible drilling news?

[novicetrade68] 18/2/2020 19:13

Apart from Corona is imo the fact TLW was trading at 47p with oil at $53. Now oil at $57 and TLW is trading at 42.50p. Z38 was already capitalised, the Jubilee news flash from last week can only be seen as good news moving forward, upper ends perhaps even and the company should update on that asap. Seems shorts in full force and in full control, what a diabolical situation, do these professional shorters ever speak to more bubbly colleagues or what is their problem actually, because otherwise it can only be fair if TLW starts commenting on their share price to investors and whoever else is long on this share.

[stupmy] 18/2/2020 11:19

I think it's wise to be cautious fuji as you say.

[fuji99] 18/2/2020 10:34

However, with a few companies already flagging up the negative effect of the coronavirus (Apple, TGP etc.), I would wait before topping up because all the ingredients for a worldwide correction are gathering (the longest bull market coupled with China standstill economy as the trigger). so Miners, oilers and industrials will be the first to be impacted. all the rest will follow, regardless, with the dropping markets. This is my own opinion and I prefer to stay in cash for the time being, as clouds gather.

[fuji99] 18/2/2020 09:24

People have still confidence in the recovery as the present share price lowest level was never reached before. (18-Feb-20 09:05:36 43.802 68,133 Buy* 43.65 43.79 29.84k O) and (18-Feb-20 09:03:14 43.728 23,000 Buy* 43.65 43.77 10.06k O).

[stupmy] 18/2/2020 08:59

Makes sense to me rty. Gives the impression that TLW are very confused.