Tullow Oil Share Discussion Threads

[heialex1] 30/3/2020 10:34

We are a long way away from admin... more likely at this stage is a low ball takeover by Samuel....

[justthemoney] 30/3/2020 10:26

I'm a bit worried about TLW being taken into admin by the self made CEO Dor. She did say break even was $45 to cover all liabilities. If low prices persist even with the hedging in place they may not meet liabilities without further reduction in exploration/jobs... Also in latest results, wellbeing of shareholders wasn't even mentioned once! She's either made a deal with private equity, or wanted to throw all dearth now, with only good news to follow. Hope it's the latter!

[pro_s2009] 30/3/2020 10:16

Dont know.....Jordan/Israel and many other countries would support Saudi against Iran....... we will have to see how this low oil price hurts Iran, how badly.

[smartie6] 30/3/2020 09:56

Getting worried that we haven’t heard from amaretto, Leon, and Sbb1x.
Guys don’t do anything stupid, we’re here for you.

[pro_s2009] 30/3/2020 09:49

Thats the big bear in the room. If Iran has nothing to lose, then all out direct war with Saudi might be their only option which drags Russia and the US into direct conflict.

[justthemoney] 30/3/2020 09:40

It's far too early for Saudi's to negotiate now as they would only damage themselves without inflicting lasting damage to shale & Russia. They'll wait a couple of more months for shale to go to the wall (the weakest party). Unless of course Hutis/Iranians don't persuade them to otherwise.

[smartie6] 30/3/2020 09:31

Is Leon with them? Lol.

[idoflykathy] 30/3/2020 09:21

Sbb1x has joined Amaretto on the ledge

[smartie6] 30/3/2020 09:16

Where’s Sbb1x today?

[sentimentrules] 30/3/2020 08:56

IT'S GOING TO ZEROOOO

[milliecusto] 30/3/2020 08:55

I expect your family will have a different outcome when you make them bankrupt

[jimarilo] 30/3/2020 08:25

Indeed other companies across the board are seeing government intervention, this will be critical as we come out of this madness

[mariopeter] 30/3/2020 08:18

The oil industry needs and should get government/OPEC intervention and protection whilst Covid is around. If not there will be ruination and a rocketing oil price the other side of Covid.

Canada shut nearly half its rigs last week and not sure if companies are going to the wall or just turning rigs off. Interesting to read how intervention is being discussed in Canada:

[topazfrenzy] 30/3/2020 08:13

Tullow is going to be the biggest money maker this year if you buy at these levels, I am accumulating as much as I can

GLA

[smartie6] 30/3/2020 03:44

Sbb1x, really, what is it trading at now?
I think you’d be wise in investing in a better screen. It crashed over 4hours ago.

[sbb1x] 30/3/2020 03:39

Brent 26.66$ as showing on investing.comFriday close @16.30 was 24.20$

[pro_s2009] 30/3/2020 01:48

Interesting chart taken from Twitter, cannot comment on the accuracy but it shows a good spread of how valuations are per flowing barrel of oil.




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[smartie6] 29/3/2020 23:14

You're misrepresenting, It's 23.15 down 7.2%

[sbb1x] 29/3/2020 23:02

Brent 25.85$Up from 16.30 close of 24.20$Hopefully 30$ will be seen again and the traders can rinse it again Trade like a wizard

[smartie6] 29/3/2020 16:13

Yes. Many more.
An unsung hero of many and others like cumnor wish they were him. Pity though, cumnor is a conspiracy theorist, the sort of person that believes his own shadow is following him.

[cumnor] 29/3/2020 16:05

The guy is a well known dolt.