Member Info for BigBear2

At the very least you would consider a cash transaction for TLWs Massive Ugandan field.
The old deal Was I believe 900 mill still leaving TLW with 15% non operated share.

Cheers, v nice entry there. I took a few more and will add tomorrow ready for Thursday

I just look at someone like Kosmos and it would seem we have a far better portfolio.
Can’t do nowt about Coronavirus and short term POO.
They have had months to give the market a meaningful update lets ave it on Thursday.
The mkt cap here is INSANE

Expecting another soon

“People will have to take a view of how sustainable these oil prices are. If oil prices stay in the $30s, a lot of companies will struggle,” said David Round, an analyst with BMO Capital Markets in London. “But in Tullow’s defence, they do have a good amount of liquidity, have not near-term [debt] amortisations, and are pretty well hedged at much higher oil prices this year.”

500 grand buy

Assuming TEN figs of net 23k bopd I reckon we should be at around 78k bopd at present.
Tomorrow will be volatile any silly business and it’s cash from behind sofa for a top up

As per Kosmos is currently @ 90k bopd as of early February due to gas enhancement program.
This must mean TLW are at upper guidance levels..

Production up
New CEO Update
Cost cuts
Reaffirmation of resilience in low oil price environment

Just add and play the long game

The issue is will they take the 2.8 Bn debt on, even with that it’s dirt cheap and a lot of problems go away for governments. I am pretty sure Uganda would be a go (remember a partial divestment from tlw was valued @ 900 mill) plus Guyana would be drilled this year.

A quid wad cheap now it’s a no brainier.
I would imagine anything over 50p would go through now to put an end to this charade

Dorothy has no excuse not to issue an upbeat update she asked fir time she has had it.
I am expecting upper end of guidance for current production as a min

I agree 50 percent rise just on her resignation

Call me a sucker for punishment
Bought @ 17. Avg now down to 35.

Until RKH get sanctioned all Falkland oilies are a stranded albatross

That this is trading near the placing price which was agreed before the Saudis threw their toys out the pram

Is making all Oiler’s in Falkland economically unviable

I did say cash was needed.
To get that away at no huge discount in current mkt is excellent. Well done JA

World has gone mad at least shale will get squeezed though