Tullow Oil Share Discussion Threads

[mpclag] 14/2/2012 07:35

china announced they've given cnooc the go ahead to sign the deal

[niceyman1] 13/2/2012 19:32

Topped up today! News on completion must surely come in the next few days? $2.9 billion in the bank , got to be worth £2-£3 on the current share price?

[eipgam] 13/2/2012 16:58

Thanks... I saw him a few weeks ago (in fact the day before VSA topped the gainers list) but this seems to be a new one.

edit... I have c&p a GKP specific piece to over there. Thanks.

[85gary] 13/2/2012 14:12

eipgam, just to cheer you up after the footie at the weekend;-) Runs for 30mins or so and starts off simplistic, but I like this guy. Seen him on various programmes over the last six months and he has a knack for explaining things simply. Some of the smaller names of interest in the oil & gas exploration companies towards the end.

[85gary] 10/2/2012 16:12

I just read a lot and take a view eipgam. Usually the wrong one!

[eipgam] 10/2/2012 15:44

you sound a bit cleverer than me when it comes to analysing e&p shares... so I would be interested in your thoughts.

AEX up 10% already!

[85gary] 10/2/2012 15:22

eipgam, my logic is Tullow do not want gas which is why they gave up operatorship and decreased holding previously. Now shot calibration has taken place Aminex are better informed to predict a possible gas layer deeper. (Similar to that found at Likonde), but Tullow don't want gas and as they are unlikely to find oil deeper imo they have elected to cut their loss and play no more part in this well.

I'm thinking there is a better chance now of finding gas at this deeper level having calibrated drill against 2d as everything appears a bit deeper than originally expected, especially as they already had gas shows higher. As CNF says on Aminex site, still a risk and any find needs to be sealed and commercial, preferably filled to spill, but he who dares etc., One week result. Not suggesting others do anything.

I'll have a read of PPC,XTR and VPP. Not known to me, but always interested in reading more. thanks

[eipgam] 10/2/2012 15:05

Gary... not sure I would bet against TLWs instincts there...

I'm also in PPC who have had a very up and down time in the last year but Peter Levine is now in charge and has bought some acreage in Argentina that may come good...

and XTR... and VPP was good until the govt raised the NSea tax... but seems to me to be undervalued.

Not that ANYONE should follow my buys. DYOR etc etc.

[85gary] 10/2/2012 14:41

I see Tullow not electing to go further on Ntorya well. I'm guessing Aminex think there is gas lower. Might be worth a 3p gamble.

[85gary] 10/2/2012 14:41

I see Tullow not electing to go further on Ntorya well. I'm guessing Aminex think there is gas lower. Might be worth a 3p gamble.

[85gary] 10/2/2012 13:41

Nice one wodahsnoom.

I note one of the reasons given for the renewed urgency, is after his discussion with Chinese to say alternative energy inevitable in 20 years, so don't delay development and exploration of this particular resource. With his own refinery on day one he is independent of others.

Refreshing way he presents the information. I'm not suggesting this is the only side to the story by any means, but you can sort of see where he is coming from. He is also sort of saying contracts ahead being refined to incorporate past mistakes, but does not really address the implications of having changed CGT midstream. No doubt a lot more to come, but my initial take is a positive message,

i.e. Get on with it Tullow and UG don't interfere in what has gone on in the past, look to influencing the future.

[wodahsnoom] 10/2/2012 13:25

Or Eric Cantona?

[85gary] 10/2/2012 13:16

Quote from above article......I think Museveni may well be Potts on GKP thread.......

The Banyankole say the pumpkin plant that will save you from hunger starts by giving you the small pumpkins. When your're hungry you start by eating the small ones, knowing that there will be a bigger one.

[85gary] 10/2/2012 13:10

No worries eipgam, a bit long but worth a read imo. You can extract bits that help paint a picture of the way Museveni has seen things.

[eipgam] 10/2/2012 10:14

Hi Gary...

I notice TLW has bounced (upwards) off the old ATH (ish)... 3 times its gone down to 1505/8 in the last days trading and the recovered... that's what I like to see.

Sorry to be boring but I haven't got any tips... except I think Hoil will come good (double in a year) but you're already there.

[eipgam] 09/2/2012 18:03

oyl:tsx I think

got any more gary?

[85gary] 09/2/2012 16:56

A good starting point for research.

[ringer12] 09/2/2012 16:42

Epigram. What exchange are CSG on and the EPIC,?

[85gary] 09/2/2012 16:32

I wonder who mentioned them ;-)