Member Info for Auson

hey_arnold,

Why would BlackRock be buying the bonds now, they are not cheap ?
I notice BlackRock were short Ocado 1.41 % Nov 17 at 250p range and still had .52% 9th Feb at 460p they are 0.5% today shareprice 1234p

Mrd5432,

Tesla is a great example of why shorting with unlimited risk is very dangerous.
I expect there is a little more to that story than just the short massive short squeeze. I estimate shorters will have lost $10 billion there. I would expect it will result in some hedge funds closing.

https://www africaintelligence com/aem/exploration--production/2020/02/04/what-tullow-chairwoman-dorothy-thompson-be-announcing-to-staff-tomorrow,108392305-art

Betrayed,

Rather well I would say.. can't have it going up 5% a day while accumulating.
SP still 'crashing' a half a percent is it ?

Mrd5432,

Easy on fella Dorothy is a very accomplished, capable safe pair of hands. If you want to be angry at someone look at the management. Wonder how many million they have been rewarded for failure ?

OPEC news after the close I think. Standard..

traders saying they want 1.5m cut apparently. But likely to be 500 to 900 kbpd cut hence Brent dropping.

MaverickD,

I am fairly sure that 460k was a sell, SP dropped after, Brent dropping and OPEC meeting only started 46m ago

MuchaboutMoney,

Lawyers and finance fees likely to take around $20 to $35m depending on the award.
Just an approximate in my view. Oh and we won't get the money to the balance sheet straight away either.

TornadoTony,
I think you're right there unfortunately.
Ten Blend API 33.8 should attract Brent Pricing and Jubilee at 37 API
both low sulphur ...good stuff.
My guesstimates are we should get around $40 a bbl for Jethro and Joe Heavy

OldFatProp,

Ha ha ha
A bird in RBKC is worth 5 to 10 in Sheppards Bush INMHO

TornadoTony,

Great post, did you find out anything from IR re the hedges ? I guess we can work out from the WTI/ Brent pricing split from Tullows previous sales.
I could be wrong but I'm thinking we should take the hedge price as a blend of WTI and Brent pricing.

valueseeker,

autonomous government structure able to opt out of any 2035 zero emission vehicle targets ?

valueseeker,

Not part of the United Kingdom ' Under the 2009 Constitution, the islands have full internal self-government'
But you already knew that right ?

valueseeker,

Is the Falklands in the UK ? What about the B.V.I.s ?

valueseeker,

I see this as good news, need a lot more oil to make all those new EVs !
Wasn't Sealions predicted life span to 2040 ?
Will Boris be PM in 2035 ? I will promise you whatever you want in 2035, its easy.

Surfit,

OPEC are having a pre- meeting, meeting today and tomorrow.
Electric cars and planes.. we are all doomed !

Mrd5432,

15% of Kraken is Och Ziff so with out that bit production 2020 could be as low as 57.2kbpd, then there is the Magnus BP profit share. Which ever way you look at it Tullow is minimum 13kbpd more production.
The north sea is not the place to be at $55 Brent

OldFatProp,

We all have different strategies.
Congrats once again.

Mrd5432,
Have you seen the Enquest update. 68.6kbpd at $21 Opex 2020 guidance 61-68kbpd
Tullow just done 87kbpd at $9 Opex 2020 guidance 70-80kbpd ( with potential to improve ! )
Didn't someone on here post that enquest was doing about the same production as TLW ?