Tullow Oil Share Discussion Threads

[aalli] 07/4/2021 16:55

That is what'll drive this IMO

[dbensimon] 07/4/2021 16:18

I would have thought by the end of this month!

[aalli] 07/4/2021 16:09

When can we expect the finance agreement RNS???!!!

[bspgamer] 07/4/2021 15:43

EEE about to pop DYOR

[jimbomorry] 07/4/2021 15:41

Hi fizzmiss, share your frustration about shorters though it's a bit like sailors blaming the sea I suppose? Shorter start shorting when buyers stop buying or start selling, and shorters always have to buyback their stock at some time in the future and they'll get shafted if the stock is still good enough to attract buyers, who influence prices more than shorters. We need more TLW buying in my view and I hope we don't have too long to wait.

[fizzmiss] 07/4/2021 14:41

LOL and TLW share price manipulation by the MM for their sewer rat shorting mates.

And................... if Goldman Sucks buys into a company they use stock to loan out to short the company leaching any value from the company and shareholders.

BAN SHORTING, IT CRIPPLING UK STOCKS!

I think we could be back to the old days of share price manipulation back to 7p if they want. Blatantly corrupt but true. They are slowly eroding this lower and lower, same as they always do.

who said being in the 250 would stop such blatant corruption?

FSA should be disbanded they are part of the problem.

If a build-up of inventories then expect 42-43p, utter scam

[hades1] 07/4/2021 14:04

Oil up Tullow down.
Oil down Tullow down.
FTSE up Tullow down

Looks like the only certainties in life are death, taxes and the Tullow Oil share price being down!

[alfiex] 07/4/2021 13:26

So sold whole lot for 30m not great!!

[xxnjr] 07/4/2021 12:59

Panoro Energy ASA (“Panoro”) is pleased to announce the receipt of proceeds from a March crude lifting from its 14.25% working interest in Block G which contains the Ceiba and Okume Complex assets, offshore Equatorial Guinea.

Approximately 903,000 barrels were sold by a Panoro subsidiary at US$ 65 per barrel, realizing approximately US$ 59 million in cash net to Panoro.

Smoke and mirrors all round here. It actually lifted in early April after EG transaction had completed (with Tullow receiving $88.8m). A few days after that the EG cargo lifts and Panoro receive $59m! Then Panoro claim it was a March lifting enabling them to item it as a receivable in their 1Q.

At the end of the day, Tullow got $89m sale proceeds but lost out on a $59m cargo a few days later.

[fizzmiss] 06/4/2021 16:22

You gotta laff, zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

UK stocks have been bled dry by the sewer rat shorting leaches.

Getting into the 250 made no difference; the same scum bag MM are manipulating the share price in a very fine trading range for their Sewer Rat Shorting mates... historically.

Did mention as soon as Goldman Sucks got back into TLW a few days after selling the share price would crash and behave weirdly and here we are; utter parasites!

[kulvinder] 06/4/2021 08:48

Think the only thing that will move this up from here is the completion of the financial package until then it will be like watching paint dry.... especially if poo stays below $65 for the next few months.

[xxnjr] 06/4/2021 08:44

One thing sadly lacking here in past years has been company updates. Good to see IR can now be bothered to write an rns when one is merited.

[kulvinder] 06/4/2021 08:40

Any other oil company had announced a drilling programme would have gone up by 10p on the day but not this.....always slow on the uptake of any positive news...

[sarkasm] 06/4/2021 08:25

Real-time Estimate Quote. Real-time Estimate Cboe Europe - CXE - 04/06 08:23:28 am

50.01 GBX +1.79%

[sarkasm] 06/4/2021 08:23

www.sharecast.com/news/news-and-announcements/tullow-oil-starts-multi-well-drilling-campaign-offshore-ghana--7861156.html

[alfiex] 06/4/2021 07:55

Good start to the weekTullow Oil PLC06 April 2021TULLOW OIL PLCstart of multi-well drilling campaign in ghana6 April 2021 - Tullow Oil plc (Tullow) is pleased to announce the start of a multi-year, multi-well drilling campaign offshore Ghana with the commencement of drilling of the first well at the Jubilee Field yesterday.As previously announced, the Maersk Venturer, which has been contracted for four years, is expected to drill four wells in total in 2021, consisting of two Jubilee production wells, one Jubilee water injector well and one TEN gas injector well.The 2021 drilling campaign is the first part of Tullow's 10-year Business Plan which was presented at Tullow's Capital Markets Day in November 2020. The Ghana portfolio has a large resource base with extensive infrastructure already in place. Through a rigorous focus on costs and capital discipline, Tullow believes that these assets have the potential to generate material cash flow over the next decade and deliver significant value for Ghana and investors.Throughout this campaign, Tullow will continue to implement its Shared Prosperity strategy through a strong local content programme with suppliers in Ghana, the professional and technical development of Ghanaian nationals and continued investment in STEM education, enterprise development and shared infrastructure.Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today:"Today is an important milestone in the implementation of our long-term Business Plan. Working closely with the Government of Ghana and our joint venture partners in Ghana, I am confident that we will unlock the full potential from the Jubilee and TEN fields through this multi-year, multi-well drilling programme."

[bogman1] 05/4/2021 20:55

Gotta have diversification fizz! Then you can mitigate your exposure to these boys playing the market. There is about to be a big boom don't quit now

[fizzmiss] 05/4/2021 20:33

The oil price is on a tight rope and can go either way, you have to wonder if it will ever get back to $70 or even $65.

[fizzmiss] 05/4/2021 20:25

When you look at the markets and the way the shorters manipulate the share prices; it makes you wonder if honest small-time investors can ever make a return on their investment?

The market is so blatantly corrupt and those doing it have no fear of the comical governing bodies.

The UK markets are bent and beyond repair; I for one will be getting out if my investments ever get to a small % gain.

It's like playing in a rigged game of poker; researching a company is a waste of time and being a long-time investor in UK stocks doesn't work anymore; it just gives the shorting sewer rat shorters more time to swindle your investment away..


Ban shorting, its got far to corrupt

[sarkasm] 05/4/2021 20:08

Oil Prices Plummet 5% As COVID Cases Soar
By Julianne Geiger - Apr 05, 2021, 2:00 PM CDT
Trade Oil Futures Now

Oil prices fell sharply on Monday afternoon in one of the worst trading days for the commodity since the day in May 2020 when WTI slipped into negative territory.

WTI was trading down 5.22% around 2 p.m. on Monday, $3.24 per barrel down for the day at $58.21. The Brent benchmark was trading down 4.81% on the day, or $3.12 down per barrel at $61.79.

The volatile price action was largely the result of oil demand fears. The U.K. announced that it may continue to ban foreign travel beyond the May 17 date if coronavirus infections continue to ramp up around the world.

Also weighing on prices is a surge in coronavirus cases in India—a major oil importer. India reported on Monday the highest number of new daily Covid-19 cases since the pandemic began, triggering a lockdown in its largest city of Mumbai. This could threaten fuel demand.

Iran and the United States are also set to meet this week to discuss the possible return to the nuclear deal. If negotiations are successful, this could mean that there will be an increase in the amount of crude oil being supplied by Iran, which is currently being stifled by U.S. sanctions.

OPEC+ has already agreed to ramp up oil production beginning in May. While the general consensus is that the market will absorb the additional barrels, most analysts had anticipated a rolling over of the current level of production cuts. Despite this market shock last week, prices did not immediately react.

In a show of faith in the restoration of the supply and demand situation, Saudi Arabia raised its official selling price of crude to its most prized market, Asia.

By Julianne Geiger for Oilprice.com