Tullow Oil Share Discussion Threads

[barnes4] 07/3/2020 17:05

Problem is mounted it is likely to go lower and lock you in I wouldn’t consider buying until single figures

[barnes4] 07/3/2020 16:49

Money to be made but timing is crucial

[barnes4] 07/3/2020 16:48

Afren again me thinks

[icac] 07/3/2020 16:16

330m market cap with over £2billion in debt. Bad bad management..

[the canadian mounted] 07/3/2020 15:51

😆😆😆😆9315;🤣ԍ15;🤣😂;😂😂

[sentimentrules] 07/3/2020 15:47

1p soon...and the bulls will be thankful

[the canadian mounted] 07/3/2020 15:13

Whites123 spot on

[ltcm1] 07/3/2020 14:33

It's a lot of them. They know Brexit won't work and are already looking for conspiracy theories so as to avoid reality.

[crossing_the_rubicon] 07/3/2020 14:23

@ITCM1
"Hilariously some Brexiteers have got it into their heads Coronavirus is some form of 'liberal elite' conspiracy to thwart their silly idea of leaving the EU without a trade deal and somehow hoping we will 'wing it'."

Which Brexiteers would be believing that guff then?

[smartie6] 07/3/2020 14:16

It’s bust isn’t it?
Why waste time on here, I guess we have nothing further to add anymore, other than the final nail.

[5huu] 07/3/2020 14:13

I'm sure they would look to do that Subsurface as well as look to avoid/postpone some of the capex projects.

[ammu12] 07/3/2020 14:11

Surely there must be some value in it if oil stabilises. 12p?

[subsurface] 07/3/2020 14:07

In 2020, capital expenditure is expected to be c.$350 million, with an additional c.$100 million expected to be spent on
decommissioning

The Banda and Tiof fields are located 33 miles (53 kilometers) and 52 miles (84 kilometers), respectively, offshore Mauritania in 3,937 feet (1,200 meters) of water

Maersk Decom stated that planning and engineering begin immediately, with a site survey planned for the second quarter of this year and offshore execution set to start in early 2021.


Just wondering if Tullow can push back the time frame on the decommissioning in view of market conditions.

[sentimentrules] 07/3/2020 13:49

Well look at bright side, im not destroyed due to coronavirus

looooooool

[teamwork1] 07/3/2020 13:42

His been say since December, and only because of coronavirus he will be right

[turvart] 07/3/2020 13:20

And to be fair to SR Ryan he did call 21p a few weeks ago!

[turvart] 07/3/2020 13:04

What was Whites123 a few months ago? Oh I've bought at this level and now I've bought at this level, he was in fact an MM's dream!

[turvart] 07/3/2020 12:49

If TLW had 11 billion of assets then their bond price would not be falling like it is full stop.