Member Info for antonvb

Auson I suggest you just ignore, as it is really not worth it and just clutters this BB with nonsense.

Or is the gas “blag” such a clever idea that Shell copied Rahul’s idea for their 2023 results….

https://reports.shell.com/annual-report/2023/strategic-report/reporting-segments/upstream.html

Oh no wait…..my bad….. it’s the standard way for oil and gas companies to report production.

Mac123….. agreed would be nice to see Roald Goethe and some of the other directors buying more. Although that in the past hasn’t done much to support the share price. Can’t see much in the way of RNS happening barring the arbitration outcome by November or maybe a surprise Kenya RNS. What I would really like to see though is an RNS for someone over the reporting threshold buying to increase their stake. Been ages since we had one of those. Or even better, new money increasing their stake to over the reporting threshold.

I still think it’s going to be an interesting year if the price of oil holds up.

They're even marketing it as a tourist destination now .... :-)

https://x.com/abdullahi_maa/status/1823026679444337022

Lokichar-Kenya's Oil Frontier on the Rise! 90 km southeast of Lodwar, this previously quiet town is undergoing transformation, all thanks to Tullow Oil's groundbreaking discovery.

See the beauty, eco-friendly atmosphere, and welcoming hospitality at Arid Summit Hotel

@FCDCKenya

no offence taken. this is a share bb and i’m entitled to post my opinion. my opinion is me thinking out loud and my therapy. sometimes i also post my opinions on others, although i try to keep it “factual” now. those that don’t like it are welcome to filter me.

why am i so positive. why not? yes, i should of sold at 60p, but i don’t have a crystal ball and if i wanted to regret something i have no control over it would be not picking the winning euro millions numbers on a £160 million draw. why not live in hope. i don’t get why people who are in the red come on here and say how hopeless the situation is and what a **** company this is and then wonder why they’re in the red. if you have no faith sell and move on or trade this share. there have been plenty of opportunities where this has swung 25 to 30%. i am not immune to peoples pain who are in the red, as i lost a fair bit when thomas cook went bust.

anyway, now not only am i looking forward to £1, but i’m also looking forward to a weeks holiday in nice …. private jet and all ….. exciting times ahead :-).

gla

Http://www.parliament.go.ke/node/22351

14. Hon. James Opiyo Wandayi, EGH - Nominee CS for Energy & Petroleum.

During his vetting in Parliament last week he stated he wanted to get the oil project back on track.

https://www.facebook.com/KTNNewsKenya/videos/opiyo-wandayi-energy-cs-nominee-tullow-oil-project-is-not-dead-it-could-have-tak/2258769504469582/

Or watch from 38min 42 sec into the video on YouTube where he has his say on Tullow.

https://www.youtube.com/watch?v=580GB2LbSSA

Also on today on Twitter

https://x.com/RolexRono/status/1821489782427422733/photo/1

Deltalo I can see two trades showing for that volume.

08-Aug-24 14:46:37 27.15 818,663 Unknown* 27.20 27.32 222.27k O

08-Aug-24 14:46:37 27.15018 -818,663 Unknown* 27.20 27.32 -222.27k O

In the past when we had a lot of shorters over the reporting threshold when we saw these types of double entries we'd see one of the shorts posting a reduction a day or so later. Could be someone closing their short position. Unless it's Pictet we won't see it reported. I could also be wrong, just my hunch going on what I've seen in the past.

All I can find

https://gabonactu.com/blog/2024/01/26/petrole-perenco-inaugure-une-base-vie-pour-un-champ-petrolier-situe-en-haute-mer/

"In its forecasts, Perenco expects to begin development work on the ''SARAFINA'' exploration well during the period 2024-2026 and the development of ''WAMBA'' to start in October 2022."

https://www.tullowoil.com/our-operations/africa/gabon/

"During 2024, operations in Gabon will focus on infill drilling to sustain production or minimise decline across the licences, as well as two ILX wells at the Simba licence."

Tullow has 40% in Simba

https://www.tullowoil.com/media/press-releases/tullow-signs-asset-swap-agreement-perenco-optimise-gabon-portfolio/

One poster constructs an argument to support their opinion and one poster gives you 6 words for theirs of which one word is nonsense ….. and the other 5 words too.

6 million volume today and 2 million of that made up of 3 buys after 16:30 ..... hmmmmmm

Mine is a blue finish with 5% gain .... with most of the gain after the US comes online later

It's always on the dark days you feel like selling, when in fact you should do the opposite. Very tempting at this price, as could be an easy 10% profit by tomorrow if there's nothing new negative in the HY update. I think if there was news would of leaked and we'd have seen a bigger drop than the current one which appears linked to market jitters. Unfortunately, I don't have anything left to put in that I can afford to sit on for a while if it goes south.

Always remember ..... The value of, or income from shares can go down as well as up and you may not get back the original amount you invested.

Antonvb ..... ramping Tullow since 2020

Remind us of your FARN prediction from Friday and how that went today. Ironically if you’d sold FRN on Friday and bought TLW you’d only be down 4% instead of 8%. But don’t let facts get in the way and you keep on congratulating yourself.

Hon. Opiyo Wandayi who has been proposed to take leadership at the helm of the Ministry of Energy and Petroleum. He has been serving the National Assembly in the capacity of the Leader of Minority Party.

https://www.facebook.com/KTNNewsKenya/videos/opiyo-wandayi-energy-cs-nominee-tullow-oil-project-is-not-dead-it-could-have-tak/2258769504469582/

Or watch from 38min 42 sec into the video on YouTube where he has his say on Tullow.

https://www.youtube.com/watch?v=580GB2LbSSA

If he is appointed, will he be our savior and finally we'll get Kenya over the line?

The "good" news is I don't think we will get a lowering of production guidance for 2024, as it has already been stated with the 2023 results back in March that this would be towards the lower end. With the figures given by KOSMOS for Jubilee and TEN we should still just make it I think, as KOSMOS have said "we now expect Jubilee production for the full year to be around 90,000 bopd gross". Also, in 2023 Jubilee averaged 83,400 bopd, so at least this has gone up. Obviously not the 120,000 bopd we were dreaming of :-(

"Change of strategy needed here and not going to happen under current leadership." ..... that's all very well, however what exactly can Rahul do. He has a mountain of debt and aging assets. He can't raise capital for an acquisition, last time he attempted a merger the share price got attacked and doesn't have money to buy new prospects. In fact if he's spent want he'd spent on Ghana on new acreage and just left Jubilee as is and didn't make a major discovery in the new acreage you'd be whining on here that Tullow had gone bust. Maybe he could do better here, but what he can do is very limited ... like it or not.

Same story better article….

https://eastleighvoice.co.ke/national/65048/energy-cs-nominee-wandayi-vows-to-revive-tullow-oil-project-in-turkana

I really think the masses rioting against the finance bill may have left them with no choice but to get that oil out the ground. Wonder if Rahul will give us a proper update this week???

Https://www.standardmedia.co.ke/politics/article/2001500226/opiyo-wandayi-vows-to-revive-tullow-oil-as-he-seeks-ministerial-post

Not looking so good for PPP today :-(.

This share is currently suspended. It was suspended at a price of 9.55

There's been at least 3 oil shares ramped on here in the past year where if you got in and out at the right time, you'd of made a few 100% profit. Time it wrong and you can't sell as there's not enough volume or you're at a big loss. If you follow get rich tips on here by random strangers you really are gambling. Anyway, hope those of you that did buy in got out in time.

Unbelievable….. you just can’t make this stuff up. Few weeks ago there’s a near revolution with the masses setting the Houses of Parliament on fire and this is now the priority….

https://x.com/senate_ke/status/1818519595696713954?s=46

We reconvene at 9.30 AM today to process our in-tray loaded with 12 motions, including one sponsored by Sen. @CrystalAsige on the establishment of a Monthly Car-Free Day and County Car-Free Zones. Check out the Order Paper for more: bit.ly/OP31724

Supercooper my take is the opposite and the masses want the oil extracted, as it is serious revenue for the government and a much better revenue raising option for the masses than taxing them. If Ruto wanted it to happen he would of made it happen before the uprisings, as there has been plenty of time. I think the issue is Ruto has been courting the green agenda who have unlimited funds for investment and approving the oil production and a pipeline going across the country wouldn't sit well with that side. Like all globalist elites he has no clue what it's like to be one of the masses and convinces himself that what he is doing is to save the masses from a climate disaster and is in their best interest. The unfortunate reality is that the masses just can't afford to pay more to be green. Hopefully the fact that his head was nearly paraded around on a stick will cause him to have a rethink. He's appointed a new Energy minister from the opposition, however I've not been able to find any info on his views on the oil in Turkana. I do know the previous government were a lot more pro the idea though.

We'll probably get the usual update next week .... still being discussed, positive progress, blah blah blah. But as always I live in hope,