Member Info for Adieuk32

It is January, don’t believe what a guy in his bedroom is posting on here, rely on the RNS dated 7th October 2020, for Company announcements.

Shorts Closing, Bond value increasing, Suriname spud, and RBL News, eagerily waiting News on Wednesday.

At Tullow's request, the next redetermination will commence following Tullow's Capital Markets Day, which is scheduled for 25 November 2020, and is expected to be completed in January 2021.

They won’t be hanging around at 1/2 Million a day, and a the rig is fully booked after Suriname.

Interesting few months on the cards.

GL all

https://www.investegate.co.uk/tullow-oil-plc--tlw-/rns/director-pdmr-shareholding/202008070700054399V/

The CEO will want this above 50p, to exercise his share options.

He turned around Delonex Energy, he’ll turn around this as well.

Hold for News on Wednesday.

GL ALL

Very positive to see a tree shake prior to News.

Shows the MM,s are desperate to get shares, to trade into the rise.

4 more trading days left until Trading Statement.

GL all

Getting desperate for our shares.

Last chance at these prices.

34p finish today?

https://www.oedigital.com/amp/news/484597-drilling-deals-confirmed-for-two-maersk-rigs-in-suriname

Busy Drill ship, won’t be hanging around for too long.

https://www.google.co.uk/amp/s/www.oedigital.com/amp/news/482538-cnooc-hires-stena-drillship-to-drill-offshore-canada

Just in time for the Trading update.

https://www.marinetraffic.com/en/ais/home/shipid:195238/zoom:3

Tick Tock, not long to wait now.

https://www.google.co.uk/amp/s/www.bloomberg.com/amp/news/articles/2021-01-19/investors-flock-back-into-oil-for-reflation-trade-hedging

Now that would have inside trading all over it.

Also they need to have the shares available to close the position. A short squeeze will see this re-rate on Bond news.

Have a look at ASOS, dropped to £10, in April 2020, now trading around the £50 mark, due to Re~finance.

Bonds have increased value in the last few months, clearly this is a good sign?

GL ALL

Pi shares being mopped up for the big institutional investors.

Always a positive to see the big guns taking a position, they allways seem to be in know, before we get to hear.

Hoping for Debt restructuring news, along with the Drill campaign starting off.

GL All

Increasing their stake again, 2Million BUY went through earlier, expect another RNS next few trading days.

GL ALL

Only a matter of weeks until our drilling campaign kicks off.

https://oilprice.com/Energy/Energy-General/The-Hottest-Oil-Basin-In-The-World.amp.html

I can see this testing the 35p later today.

GL ALL

I know that they have reduced headcount by 60%, but can't get hold of the team in I.R!!

Anyone on here, have had contact recently?

Sources and uses of cash 2021 - 30

Oil price $55+ Debt service and shareholder returns.

It's there in black and white, from Tullow's own mouth. Worth a perusal pal.

https://www.offshore-mag.com/drilling-completion/article/14187431/russia-suriname-leading-in-discovered-oil-and-gas-resources

A few weeks to drill campaign.

GL ALL

Mick - Im real pal, check the CMD, may be a bit techincal for a thicko like you though.

How's your shorts going pal? Better close them soon before you loose your Giro money Ha ha.

Bullish reversal has been triggered, Shorts closing daily, Drilling campaign a few weeks away, in one of the worlds last oil frontiers.

Oh yea forgot to mention additional $500+ Million a year free cash flow, based on $56 a barrel.

Looking at the CMD Presentation, we are now into dividend territory, I wonder what the SP will be the end of January? 60p+ for starters.

GL All