Tullow Oil Share Discussion Threads

[sanks] 25/4/2012 18:37

Ramp...ramp..........................and away..weeeeeeeeeeeeeeeeeeeeeeeee!!
Keep ramping oh sheepish ones, i will remain a shagger till £14 comes my way.

Sanks

[eipgam] 25/4/2012 18:12

ENI and AFR finding out that not every hole in Ghana spouts black gold.

Kudos to TLW

[bogotatrader] 25/4/2012 15:19

Looks like a pennant/flag formation since end February and stock is breaking up out of this formation.....if correct there could be a big, quick sharp move upwards...

[bogotatrader] 24/4/2012 19:29

pr4w2b0y...thanks....

[pr4w2b0y] 24/4/2012 16:55

edit: some news reports suggest;

"The drilling itself was a team effort. When we were there, Tullow had drilled 1,515metres at block 10BB at Ngamia rig site. Mbogo said they expect to reach their primary drilling of 2,700 metres in 35 days after which data analysis will be carried out to determine whether it will be viable for commercialisation."

dated 11/04/12.

[pr4w2b0y] 24/4/2012 16:46

No timeline given BogotaTrader other than 'in progress' but some very positive feedback from earlier results. Rig to move onto Paipai-1 10A next.

[sanks] 24/4/2012 11:40

I would sincerely appreciate if some of you more astute rampant poodaays could assist me in taking this towards my £14 exit target..its cos Sheila's been going on about decorating the living room and one of the financial shagcentre bedrooms.

We're looking at bringing a whole host of electrical gadgets, quadcore pc's connected to hd tv's...got me eye set on a collection of separate wall bar speakers for some screaming base.

Any assistance towards this Renovation Fund would be greatly appreciated.
Thank you in advance
Your Shagilly
Sanks aka Harrys CaJones

[sanks] 23/4/2012 22:51

Probably around the time it hits £14

[bogotatrader] 23/4/2012 22:18

10BB in Kenya drilling to original target depth of 2700m compared to the 1000m intermediate depth where it hit oil.......anyone have timescales on when the 2700m depth will be reached?....

[ben chod] 23/4/2012 14:16

taking macroeconomics in decisionmaking isokbut there are other factors herethatmay have the shareprice vary in price

[sanks] 23/4/2012 13:18

Bye my astute trading rampster, you!
Will you come back when i collect my coins at £14?

Please let me know if i'm helping
Sanks

[phillis] 23/4/2012 12:33

bye bye Elssworth (again)

[sanks] 23/4/2012 11:21

New highs..lol!...i smell a whiff of a minjing poodee!
Happy to see this drip slowly but surely towards me exit target...this one i can wait for, it'l see me right for this year..so another 8 months wait won't matter!

Hope this maginificent financial timing helps some of the more astute ones
Sanks

[eipgam] 22/4/2012 10:11

on filter from the olden days.... but I think someone has lost his fiver a month.

[elssworth] 22/4/2012 09:24

Taking its time towards the poodee target of £14

[eipgam] 21/4/2012 11:14

Thanks.... the ticker explains why I got muxed ip. Think I'll have a look at them as well...

I reckon we may see new highs here in the next fortnight... only a guess though. Albeit made with the aid of Sanks' unique level 4 data.

[85gary] 21/4/2012 07:44

Small amount only eipgam. Very pleased with current performance and prospects.

Thanks exmooroil, correct. 100% Eagle 1 delayed a bit, but expecting a result end of month.

[exmooroil] 20/4/2012 21:27

CGX Energy (TSX:OYL)

[eipgam] 20/4/2012 18:25

85gary.... did you bother with AOI? I read that Nomura (fwiw) have set a price target of 74SEK (CAD10.80ish)... I assume the reason is expected success with Ngamia 1 and TLW. Can only find the artcile on

By the way, I can't remmeber the name of that TLW partner in Guyane. Was it CGX or something like that... how are they doing?

[bushwhacker] 20/4/2012 14:29

Was the news "disappointing"? I must have read a different news release!

Commenting today, Angus McCoss, Exploration Director, said:

"Kosrou-1 and Mercury-2 encountered significant reservoir sands which were water bearing with oil shows. The existence of thick sandstone fairways and a working hydrocarbon system, proven by every well in our exploration campaign, mean that our West African Transform Margin acreage remains highly prospective. The well data will now be integrated into our regional models to improve our chances of making a hub-class discovery with the ongoing campaign which includes the Strontium-1 well in Liberia and the Paon-1 well in Cote d'Ivoire."

[85gary] 20/4/2012 14:04

All the way down to 1,890....wow, puts it into perspective.

[ben chod] 20/4/2012 14:01

In other oil news, banking heavyweight Morgan Stanley downgraded global oil and gas explorer Tullow Oil's (LON:TLW) target price to 1,890 pence from 1,920 pence following disappointing news about two West African offshore wells yesterday.

Tullow, which has interests in 23 countries worldwide, revealed water-bearing reservoirs yesterday on its Mercury-2 exploratory appraisal well in Sierra Leone and the Kosrou-1 exploration well in Côte d'Ivoire, prompting a drop in the share price.

However, Morgan Stanley remains upbeat on the company's prospects as the areas are "highly prospective" and maintains Tullow's African assets are "undervalued" given their strategic importance.

The broker said: "Confirmation of Côte d'Ivoire's thermal maturity and the first discovery of thick high-quality reservoirs in Sierra Leone keep the play alive."

Despite reducing its target price to 1,890 pence from 1,920 pence, the broker keeps its 'overweight' stance on the company.

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