Tullow Oil Share Discussion Threads

[mcsean2164] 27/10/2022 22:41

Another slight increase for azvalor

177.319.570 12,323%

[lyreco1] 27/10/2022 09:22

Utter tosh, TLW dodged a bullet when the merger with Capricorn failed. Blatantly obvious why the share price is constantly being manipulated lower.

[subsurface] 27/10/2022 02:02

Dangote Refinery Will Transform Ghana’s Downstream Oil Sector, Says Country’s Agency Chief


interesting Ghana turn their attention towards Nigeria again perhaps they will take Ghana Gas .

[subsurface] 26/10/2022 22:57

Guyana: ExxonMobil announces two new Guyana discoveries



don,t know if they have a positive impact for Tullow

[franky15] 26/10/2022 21:43

On the way back up

[kulvinder] 26/10/2022 15:59

You could not make it up, just managed to hit 40p,.....lets have a party if it holds tomorrow.

[mcsean2164] 26/10/2022 13:26

Hi xx,


Yes, interesting to see where they are at now.

176.655.989 12,277%


It's impressive how much they've been able to accumulate at these prices. I wonder who the sellers are. Also, those CFD's we're seeing.... I wonder will the gamblers start to get worried?

Looking back

20-May-2021

114,077,999 8.004000%



They've accumulated over 4% of the company in around 5 months and increased their holding over 50%.

My guess is that azvalor are going to make a substantial amount of money out of tullow. I wonder what their average is.....

edit: In case anyone noticed, I mistakenly quoted the wrong RNS first (IOG) which would have been even more significant but still things are interesting.

[xxnjr] 26/10/2022 12:24

They don't!

Azvalor have picked up another 1,366,304 at 38.43p
probably just averaging down.

[kulvinder] 26/10/2022 06:16

That we did Badger, mine now down graded to 75p.....hope we get it soon.

[kulvinder] 26/10/2022 06:14

Franky like your confidence...

[franky15] 25/10/2022 16:39

Will be higher one day Not saying when though lol

[joek1] 24/10/2022 14:27

How do you know?

[fanfare1] 24/10/2022 09:45

Latest well wasnt a success.

[badger36] 24/10/2022 08:10

We all had similar hopes at 1.50A new team is essential as these clowns have proven themselves inept with the Capricorn embarrassment

[xxnjr] 23/10/2022 23:26

Looks like rig has finished drilling NT-11P down to TD (any oil? who knows?) and moved over to Jubilee, presumably to drill the JSE wells.

[franky15] 22/10/2022 18:01

Kulvinder I believe it will or I would not have done it

[kulvinder] 22/10/2022 17:59

Franky I hope your confifence pays off, as then we will be all.winners...

[xxnjr] 22/10/2022 16:17

No.
Azv only other e&p investment on LSE is in IOG AFAIK.

[zingaro] 22/10/2022 14:17

Do Azvalor have any stake in Capricorn ?

[xxnjr] 22/10/2022 09:23

+ another 654,757 at 39.37p = 12.09%

[waldron] 22/10/2022 09:21

franky15
22 Oct '22 - 08:21 - 4105 of 4105
0 0 0



Energy Cabinet nominee eyes Kenya oil for stabilising prices


Wednesday October 19 2022


Fast-tracking the development of Turkana oil fields will address the high cost of pump prices that have been exacerbated by Russia's invasion of Ukraine, MPs heard last evening.

Davis Chirchir, Energy Cabinet secretary nominee told Parliament that Kenya could produce up to 120,000-kilo barrels per day which is significant to address the county’s cost of fuel.

“I don’t want to make further comments because I am talking to the world. But we are telling the prospecting company to quickly get down to work and move the product out of the field,” Mr Chirchir told the Committee on Appointments that vetted him.

He did not disclose the name of the prospecting company that he said wants to get down to the production of petroleum products in Turkana.

“In the petroleum production sharing contract that we have signed, we can buy our share of petroleum that has been discovered and use it to stabilise prices,” Mr Chirchir said while answering questions.





Petrol retails at Sh178.30 in Nairobi, diesel Sh163 and kerosene Sh146.94 per litre. Kenya has longed to export oil since Tullow discovered crude in 2012. Tullow Oil, which struck oil 10 years ago, has been under pressure from Kenya to develop the Turkana oil wells that it expects to yield up to 120,000 barrels per day.

Tullow submitted a final field development programme to the government in December, boosting the project that had stalled as the company focused on managing debt and finalising its strategy.

Kenya first announced the discovery of oil in Block 10BB and 13T in Turkana in March 2012, raising hopes of the petro-dollars needed to fuel economic growth. Kenya had set a December 2021 deadline for Tullow to present a comprehensive investment plan for oil production in Turkana.

[franky15] 22/10/2022 07:21

https://www.businessdailyafrica.com/bd/economy/energy-cabinet-nominee-eyes-kenya-oil-for-stabilising-prices-3990056

[franky15] 21/10/2022 20:12

Gone balls deep in tullow I m all in doubled my holding this week