Tullow Oil Share Discussion Threads

[mariopeter] 02/3/2020 17:23

filtered the two wasps. Think one of them got a total kicking on the Dow Jones and lost some here at Tullow.

[manc10] 02/3/2020 14:21

its mr tullow oil lol eco atlantic lol uk oil and gas lol logp lol and that belter bpc old raytard the gift that keeps giving

[costax1654x] 02/3/2020 12:07

Oil is heading below 50

[sentimentrules] 02/3/2020 11:36

How do you say hello in gerbil language?

[sentimentrules] 02/3/2020 11:35

Are you there Whites?

Helloooooooo

[amaretto1] 02/3/2020 10:32

Valuations of oil company's Have been changedThe big boys are not buying the future.

[sentimentrules] 02/3/2020 10:07

Dear oh dear. .

[subsurface] 02/3/2020 09:16

I hope Tullow and Co have virus precausions in place on the Two FPSO,s Just thinking if TLW are forced to shut down what a mess?
On the other hand if Eni shutdown Tullow can export more gas? take your pick and place your bet.

Some FPSO news

[billy_buffin] 02/3/2020 08:42

mo: sting in the tail!

[mariopeter] 02/3/2020 08:38

The tax demand:

[leoneobull] 02/3/2020 08:32

From LSE.....rifteastafricaPosts: 2,624Tullow Oil ValuationToday 08:18Cutting out all the NOISEUsing last operational update on Audited reserves December 2019:245mmbbl 2P Reserves @ 10 per barrel = $2.45 billion1.1 billion bbl 2C Resources @ $4 PER BARREL = $4.4 billion (at a very conservative $4 per barrel (Uganda for example)Total Assets = $6.85 billionNet Debt = $2.8 billionNET VALUATION (AFTER DEBT) = $4.05 billion @ GBP USD 1.28 = £3.16 billion(using very conservative valuations for 2C Resources in Uganda , TEN, Kenya)Total shares in issue =1,393,439,716Valuation per Share = £2.27 ( 6.87 times curent share price of 33p)

[leoneobull] 02/3/2020 08:23

Https://seekingalpha.com/article/4328510-what-china-knows-coronavirus-oil-traders-dont-know DEMAND could go up a bit due to people using cars rather than planes and public transport. That said, air pollution down which can only be a good thing

[billy_buffin] 02/3/2020 07:47

Ghana will want massive tax?

[whites123] 02/3/2020 07:45

Who knows? Very well could be, in which case what a coup.

www.graphic.com.gh/business/business-news/anadarko-sells-ghana-assets-to-total-for-2-5bn.html

TLW as the operator are sitting on massive value here:

The Ministry of Energy has started approval processes for the sale of the Ghana operations of Anadarko Petroleum Corporation, one of the country’s oil production partners, to the French oil giant, TOTAL SA.
This follows the sale of Anadarko’s operations in four African countries — Algeria, South Africa, Mozambique and Ghana — to TOTAL SA, an upstream exploration and production company, for $8.8 billion last year.

In my opinion news snippets such as this make much better reading than the constant drivel spouted by the likes of sentimenthasnoideaatall

[leoneobull] 02/3/2020 03:49

Https://www.energyvoice.com/oilandgas/north-sea/225520/cnooc-md-riddoch-quits-firm/New CEO? Rumours on LSERAY Riddoch

[leoneobull] 02/3/2020 03:27

"Anadarko has been operating in the country since 2006, and until the sale of its operations last year, it owned 24.077 per cent of the Jubilee Field, which is Ghana's first oil field, and 17 per cent of the Tweneboah-Enyera-Ntomme (TEN) project, an integrated oil and gas project.Although Mr Adam said the ministry could not tell the value of the transaction, two sources at the Ministry of Finance and the Ghana Revenue Authority (GRA), who asked not to be named, told the Daily Graphic that an estimate showed that the gains accruing from Anadarko's operations in the Jubilee Field and the TEN project prior to the sale amounted to $4.4 billion."While is the operator? TLW. Strong rumour that Total will take over the operatorship . Do does that mean tlw sell down part of their stake?

[leoneobull] 02/3/2020 03:20

2.5 BILLION usdhttps://www.graphic.com.gh/business/business-news/anadarko-sells-ghana-assets-to-total-for-2-5bn.html

[leoneobull] 02/3/2020 03:18

Brent up 3% . Total paying 2.5 in for Anadarko Ghana assets

[mccracken227] 01/3/2020 18:07

Musovini says oil in 2 years? https://www.monitor.co.ug/Business/Markets/Museveni-promises-oil-production-two-years/688606-5278412-awsl81z/index.html

[theblackbaron] 01/3/2020 14:41

That was on 27th so got cooked on Friday we all know Tlw rns strategic review and I believe the companies up for sale I just hope you shorters understand the risk

[badger36] 01/3/2020 13:57

Crispin Odey increases short in Tullow to 1.37% of total shares equates to £6.3mSunday business post

[sentimentrules] 01/3/2020 13:07

Bets against Crude getting bigger now

[rayrac] 01/3/2020 12:26

That’s a bear’s outlook to a ‘t’ sr..enjoy it while it lasts...not long.

Time to buy v soon!😜