Tullow Oil Share Discussion Threads

[crossing_the_rubicon] 30/3/2020 17:51

"Leoneobull30 Mar '20 - 14:57 - 44877 of 44888
Rubicon. Year in year out Brits picking fruit and vegetables....? Funny cause the British farmers said Brits dont apply for jobs there and even when they do dont last 5 minutes as it's really hard work"

Times are a changing you'll find.


"I'm all in favour of redeployment of the large swathes of the underclasses to fruit picking. Will stop them lurking on this BB"

Indeed. When are you applying?

[sbb1x] 30/3/2020 17:46

Oil up buddy, I took a few more today at 10.61.

[deltalo] 30/3/2020 17:41

Putin isn't bothered if the US doesn't like the oil feud going on'sThey can continue producing confatably for years below 30 dollas ab.Too many small produces now throughout the world that's continuing to suppress the oil prices. More and more of us moving over to electric for are transport with cars taxis busses, and soon air travel, oil at today's production levels will swamp the sector. Only the mass producers with low operating costs will succeed.

[bigtune888] 30/3/2020 17:29

We could go back to 7p end of week.

bankruptcy looms now. No ifs not buts.

Question is, when?

end of April or June.

[ammu12] 30/3/2020 17:00

11p + open tomorrow

[ammu12] 30/3/2020 16:59

Oil rising now ?

[leoneobull] 30/3/2020 16:30

Anybody expecting an R, give me a B, give me an L? Extension to September would be welcome. Whoosh

[sbb1x] 30/3/2020 16:09

Key group reduced there short on the 27th.140 million shares to close154 million shares for sammy to average down.Stocking up on popcorn.Come on sammy cheeky 70p bid

[hsfinch] 30/3/2020 15:19

When is this company going to go bust?

[justthemoney] 30/3/2020 15:13

Putin won't budge and MBS is a big child! shale has had a free ride on the back of OPEC+1 cuts for far too long. Think this stalemate will last for a little while longer. Also Hutis targeted Saudi capital and some infrastructure yesterday. Recon, more to come.

[sbb1x] 30/3/2020 15:01

Trump calling Putin today about oil Shale fallsShale lenders fallAmerica falls Oil reduction needed fromUsSaudi Russia

[smartie6] 30/3/2020 14:59

Lol.
I only go for the low hanging fruit. Also first there.

[leoneobull] 30/3/2020 14:57

Rubicon. Year in year out Brits picking fruit and vegetables....? Funny cause the British farmers said Brits dont apply for jobs there and even when they do dont last 5 minutes as it's really hard work. I'm all in favour of redeployment of the large swathes of the underclasses to fruit picking. Will stop them lurking on this BB !

[orkneyarab] 30/3/2020 14:32

Remember when you had a 12p target and sold for a loss the same day?

[big brother8] 30/3/2020 13:59

NOT GOOD PEOPLE, NOT GOOD.

MAY TAKE A DABBLE AT 0.3P FOR FUN. MBS HEADCHOPPER IS ON A SUICIDE MISSION.



BB8
IN BB8 WE TRUST

[ham74] 30/3/2020 13:16

The oil forward curve is very steep, in "contango". Brent for 2021 is trading around USD 40 to USD 45 now. Tullow has some hedges. Is the rest sold at spot or forward prices or a mixture? If some of it is sold forward, then some of next year's production could at least be near breakeven levels of USD 45.

[milliecusto] 30/3/2020 12:56

Would be classed as essential workers

[crossing_the_rubicon] 30/3/2020 11:16

Spot on Azalea. :)

[sentimentrules] 30/3/2020 11:11

Trying to decide by what date TLW is worth zero to holders

[azalea] 30/3/2020 11:06

I agree, plus the fact they will earn some much needed money and whatever veg they might be picking to take home.

[crossing_the_rubicon] 30/3/2020 11:02

"Leoneobull28 Mar '20 - 17:58 - 44802 of 44865


If you read Buy british website plenty of Brits willing to aid farmers, to pick fruit and veg.

But they're all quarantined at home!

Simple solution, facemask and nitrile gloves. Job done.

Stop the pro Remain tripe.

[azalea] 30/3/2020 10:52

Whilst both Iran and the USA are both under attack from COVID 19, Iran is also ill equipped militarily to wage an all out direct war against the Saudis, who following recent missile attacks on its oil, refineries/installations, have bought millions of dollars worth of anti missile equipment from the U.S.A..
An attack on Saudi Arabia, could even risk bringing in its ally-the USA, giving the latter an excuse to bring about a much sought and popular regime change in Iran. That said, would U.S. Democrats play their recently acquired trump card and stop the president going to war without their approval. When weighing the global glut of oil against demand, would a war between Iran and Saudi Arabia, result in a meaningful rise in the P.O.O.

[mariopeter] 30/3/2020 10:39

Agree with you on Covid Pro S2009 and hope you will be wrong on a middle eastern war as that is a solution to nothing not even today's oil oversupply which looks like it is between 15 and 20 million barrels per day oversupplied. Think this could be a first.

Oil now hitting the brick wall of no storage as the Saudis cornered the storage ship market at the start of the spat with Russia. Market forces will cut the oil supply and the Saudi's ,as ever, have control and shalers will turn the taps off in a way that could threaten the US banks (without intervention).

US inventory reports tomorrow night from the API will make bad but unsurprising reading. Think that may already be in the WTI price. Oil already being sold on the ground at discounts to Brent and WTI spot prices.