Tullow Oil Share Discussion Threads

[tahmina1] 18/3/2020 12:06

This years production HEDGED at $56 /bbl
Provided the POO recovers within 6-12 months, why should there be an issue with TLW as a going concern?

[leoneobull] 18/3/2020 12:05

According to my mate who just got hired as CEO of TLW, 60% is hedged at 57 USD and no debt is due until June 2021

[carla1] 18/3/2020 12:04

Your a idiot kid

[leoneobull] 18/3/2020 12:04

ICAC. You claimed you were laid off by TLW and now your mate. What next your Grandma has an IG account and she cuts the CEO's hair?

[leoneobull] 18/3/2020 12:03

And Iraqi oil minister also called for an extraordinary GM. Trump will also lobby the Saudis.

[sentimentrules] 18/3/2020 11:56

Alfiex18 Mar '20 - 11:21 - 44006 of 44009
0 0 0
How much could they raise with share price at this level?

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probsably 50 quid. because who would buy it

[kulvinder] 18/3/2020 11:51

Jtm, was this statement taken from the recent results / update?

[justthemoney] 18/3/2020 11:42

From TLW recent statement, courtesy of a self made CEO Dor: "There is a material uncertainty, that may cast significant doubt, that the group will be able to operate as a going concern".

[ammu12] 18/3/2020 11:38

Not a lot due to current mcap

[alfiex] 18/3/2020 11:21

How much could they raise with share price at this level?

[teamwork1] 18/3/2020 11:10

There are positive signs looming on the horizon. Russian Energy Minister Alexander Novak has called for a meeting of OPEC+ countries through video-conferencing (because of coronavirus fears). We hope the rest of the countries will respond to his invitation to end this devastating state of affairs and bring oil prices back to acceptable levels and benefit all.

[dbensimon] 18/3/2020 11:06

All small oil companies face going into administration in these current environment

[icac] 18/3/2020 10:59

According to my ex colleague who just got laid off 2 days ago, the tullow board will shortly announce that tullow need help .. I presume they will ask shareholders to raise money at discounted share price or face administration .. everything said makes a lot of sense . .

[justthemoney] 18/3/2020 10:27

Equity = Assets - Liability, at low OIL prices, assets are worth a lot less. Also, earnings are a lot lower. Hence share price is where it is. TLW may go into admin at any time. Either projected earnings won't be enough to cover interest and other liabilities or Equity goes into negative. Dor is far too pessimistic and I think has contributed to the current situation. The board may at any time take TLW into admin...IMO, DYOR. If the equity survives it would be a miracle!

[manc10] 18/3/2020 10:20

Where's my inheritance grandad, Rayrac? You blew some on UKOG, it lost 97% and said sorry ill do better next time. History tells me you never learn from your mistakes despite your age and experience. You invested the remainder in BPC lost 85% in 24hrs, sorry, it won't happen again, you said, then ECO, another 80% lost, if that wasn't bad enough, HUR, was you should have banked, got greedy and lost the lot, well, almost, £500 left for TLW, guess what, another 90% wipeout. The very least we can ask is for you to wind your neck in and stop pretending you know better than everyone else, you do not. I have gone against your advice and bought OPTI because it is generating strong cash faster than the most serious bulls hoped for, this is not evident yet, but it will and when the market resets from armageddon, OPPTI will be one of the first small caps to bounce very strongly. The share price doesn't matter because it will recover, it would only matter if the company needed to raise cash, we know it does not. LTI will add to bring down their average, this will make for a more rapid rise. Just sit and watch.

[carla1] 18/3/2020 10:19

And the beat goes on

[sbb1x] 18/3/2020 09:59

Old sayingHe controls the money controls the world.Looks likeHe who controls the oil controls the world.Right off for a full English

[smartie6] 18/3/2020 09:57

You’re grasping.
Just keep your head in the sand.
When you’re queuing for bread then you’ll know you’re truly in deep shxt.

[honestmarty] 18/3/2020 09:55

China 3000 deaths

Singapore zero deaths

U.K 330 billion in new debt.

Answers on a postcard

[smartie6] 18/3/2020 09:53

When the schools close on Friday there’ll be no reason for the majority to travel around.

[sbb1x] 18/3/2020 09:51

Manmade Corona virus has done what it was susposed to do.Crash oilCrash marketsCrash economies Russia decided against cutting Saudi increased production. Media mafia helping create panic and fear. As private investors sell, the elite is buying everything up on the cheap.The world economy will recover like it always does and the rich get richer.We are seeing a 3rd world war without shots being fired.Just waiting for Saudi or Russia to blink or usa shall wanting to join the opec mafia.Or waiting for bombs to hit Saudi Arabia from America or another middle east country. Off to the cafe for a fry up laters.

[honestmarty] 18/3/2020 09:50

China 1.2 billion population 3000 deaths.
Singapore no deaths
UK 70 million population predicting at least 20,000 deaths and terrifying the public with up to 250,000 deaths predictions.

The public enquiry will be fun. Unlike the vast new debt.

[smartie6] 18/3/2020 09:46

It would be used against you Sbb1x. Lol.

[sbb1x] 18/3/2020 09:44

Never reveal your position it can be used against you.