Tullow Oil Share Discussion Threads

[subsurface] 26/9/2022 20:41

Africa oil week Oct 31, 2022 to Nov 4, 2022

Perhaps some Kenya deal news?

If i remember correctly Free cash flow assumption was at $96 Barrel POO now circa $84 so under pressure.

Exxon Mobil CEO doubles as the Chairman.

[mcsean2164] 26/9/2022 20:36

Three CFOs? I should have bailed a long time ago

Just checked out spr inventory.

hxxps://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&;s=WCSSTUS1&f=W

I wonder what'll happen after October, not that tullow seems to benefit from oil prices....

[mcsean2164] 26/9/2022 09:33

Thanks booty, good summary. All very disappointing tbh.

[bootycall] 26/9/2022 08:43

Tullow is almost at the gearing levels it targeted for 2025….without the new production wells coming on stream until mid 2023. Capricorn have effectively used us as a stalking horse..very amateurish poker playing, IMO, by Tullows advisors. Nothing wrong with the deal if it was deliverable because of the ROI on new projects and material costs savings…but we have been far too early to show our hand and far too slow to show our rising production level in market guidance. In some ways this has put Tullow into play instead… All too often, investors will point to a market valuation and say it is all “in the price”. Very dangerous position to be in when we have a few very dominant shareholders who might find an artificially low share price, an opportunistic time to make a move. Now that our stock has been decimated we are in a much poorer position to mount a defence. If the capital markets day shows greatly increased forecast production the management will blame the “offer period” for failing to give us earlier indications of our true forward guidance. To sum up,IMO the management are doing an OK job running the business but have been amateurish in refinancing the bonds and executing corporate strategy. Considering the operational leverage of our growing production we should be flying but the front end weighting of our capex means that people are focused, not on growing cash flow,..but instead on debt levels, sovereign risk and arbitrage and risk of dilution from enhancement of terms in the Capricorn deal. Hate to think what costs Rahul has wasted playing these games. Very soon we will get our Class 1 offer document and we can finally learn what Rahul has been reluctant to disclose to us for so long. Booty

Please do not rely on the facts or opinions contained in the above post when making an investment decision.

[badger36] 26/9/2022 08:07

How much is Capricorn getting again?Not snowballs chance in hell now Shareholders demand a return of the cash pile and given the high debt and interest rates Tullow is now bunched Idiots earnings millions for a disastrous decision

[fizzmiss] 23/9/2022 19:18

Heard every excuse in the book over the years why TLW under performs the market the oil price boom etc.

End of the day, it's all one man's fault we are being mugged, that being Raul’s performance since he rode into town.

RESIGN!
Utter inept clown with personal agenda. IMHO

This is the most crooked stock in the history of investing, apart from PMO.

Another UK oil stock and its investors being ripped off; PMO being another.

FSA............... ARF ARF ARF.

[crescenter] 23/9/2022 16:25

TLWs oil hedge will soon loom inspired and defebsive!

[fizzmiss] 23/9/2022 15:04

Raul will be as smug as a bug in a rug this weekend now the share price has been manipulated lower by his MM mates to enable it other past mates get hold of TLW assets for nothing.

Similar to PMO but in a more sneaky way, said this since he rode into town.. Utter clown our Raul, RESIGN!

The most TOXIC CEO ever appointed to a company.

Done nothing for shareholders, or the share price nor the company.GET RID!

[xxnjr] 23/9/2022 14:07

It won't happen as Ukraine wouldn't accept that.

[wiltowin] 23/9/2022 12:45

Imagine if Putin announced an end of the push in Ukraine when the Donbas is declared russian territory by referendum it just might happen, what then for poo?

[fizzmiss] 23/9/2022 12:41

Yet another Black Friday for shareholders whilst Waldo parties with his old mates.

Resign!

[badger36] 23/9/2022 08:14

Capricorn at 3 year high and they still expect this deal to progress with Tullow nothing but junk

[fizzmiss] 23/9/2022 07:51

Dear oh dear, still the most corrupt share price manipulated stock in the history of investing, just like PMO.

What are you doing to earn a day's wage Raul? Sort it or resign!

Anyone know why the price of the fuel is at corrupt manipulated mega highs since the oil price has crashed below pre-war?

Yet another excuse by the Tories to raise more tax.

You voted for this inept self indulging government, so now reap what you wanted.

Get rid of the 1% elitist Tories!

[xxnjr] 21/9/2022 14:13

Offshore watch:-

The drilling rig moved off the TEN development well (En-21P) on 19/Sept after being on location about 65 days. Seems to have moved to a new location roughly where the last N'tomme riser well was drilled.

Another Jubilee cargo departed 17/Sept suggesting production about 86K to 87K.

[franky15] 21/9/2022 06:23

https://kenyanwallstreet.com/tullow-oil-export-plan-revived-as-firms-look/amp/

[franky15] 17/9/2022 08:38

Reply I can't comment on Keith Hill's comments or view of timeframes. There is plenty of progress and we remain confident of making substantial progress before the end of the year. Kind regards

[franky15] 17/9/2022 08:36

Email the investor relations Hi This article was written a few days ago , are the comments made by Keith hill about Kenya possibly being all signed up by month end a possibility. https://www.energyvoice.com/oilandgas/africa/ep-africa/444274/africa-oil-hill-nigeria/ Kind regards

[kulvinder] 16/9/2022 18:36

As far as I can tell, it was a ut trade...

[badger36] 16/9/2022 15:46

Wow 3.5 million dumped Some Mgt

[subsurface] 16/9/2022 13:58

Eu wants it both ways.good for Ghana in the long term


Morocco and Nigeria have signed an agreement to build a major pipeline transporting gas from south-east Nigeria and across the Sahara -

The $25 billion project will extend over 1,672 kilometers, connecting Nigerian gas to Europe through Morocco, Mauritania, Senegal, Gambia, Guinea Bissau, Guinea, Sierra Leone, Liberia, Ivory Coast, Ghana, Togo, and Benin.

[alfiex] 16/9/2022 11:13

Imagine what this sort of publicity would do to the share price if we hadn't got out of Uganda

[badger36] 16/9/2022 07:54

That 2 million dump at the close yesterday was a tell. Can it collapse back to 40 ?Total lack of support