Member Info for BTFATH1

Bring on the bidding war ammu :-)

Will accept a bid of less than 80p though when they have no debt concerns until 2022 and a billion credit line and 10 billion in assets?

Booooom time let see what Sammy, total and cnooc think to this. Bidding war

This has been worked low for a bid another else. Absolutely nothing has changed with the assets since it was £2.45

Have a good day all :-)

Hedging ammu!
How many times have I seen value in companies this is the steal of the year down here

10 billion in assets for 150 million post of the decade oiltwitcher :-)

Right family and sport beckon ciao bella

https://www.theafricareport.com/21145/tullow-oil-share-price-collapse-may-be-overdone/amp/?__twitter_impression=true

Just watch for that red light, a 90% fall in the sp 19 weeks and absolutely nothing has changed with its assets.
That is a drop 3 billion pounds yes 3 billion pounds.

https://www.theafricareport.com/21145/tullow-oil-share-price-collapse-may-be-overdone/amp/?__twitter_impression=true

Very dangerous game shorting down here

Here we go: start the bidding at 65p
https://www.thetimes.co.uk/article/benin-oilman-has-benign-effect-on-tullow-price-v63zcls69

Yep kraken switch off and in the next month this will be back in 50’s.

Hedges hedges hedges some on here seem to forget that word.

The Middle East and the US will not want oil to be sub 50 for long and it’s the end of shale

In mid jan and it actually rallied after that for a week or so.
This announcement will not tell us anything we don’t already know apart from:

A new ceo
More drilling announcements
Asset sales
A Takeover by Exxon, Sammy, cnooc, total, bp, chevron etc etc
Need on the cost reductions
News on recent hedges at much higher levels

What has caused the fall then?
A drop in oil which is very temporary and a duster

Dyor I am off in the sunshine with the family.

Good luck with your entries some hysterical comments and sp predictions again

Doesn’t matter we’ve hedged at $57 the end of shale is coming and Russia and Saudi and now the US are siding with them.

I rennet the days when you deramped genl at 60p and kaz at 1.40 :-)))

Final takeover price place ya bets:

Btfath1 65p

Trump now going after the Russians. Saudi and the US will do everything in their power to raise the oil price :-)

https://uk.reuters.com/article/us-venezuela-oil-chevron-exclusive/exclusive-u-s-discussing-non-renewal-of-chevrons-venezuela-waiver-moves-to-cut-oil-trade-sources-idUKKBN20T30X

Dow seriously bounced back on Friday eve too

Jubilee now sorted, bond maturity 2022, and the 1 billon credit line.

Keep going back to that long term debt though which reduced by another 300 million last year :-)

No wonder the guardian are nearly bust another zombie company

Stanley and Brandon great posts ammu again like ya mate gazza you are not mentioning the 10 billion in assets, 350 million Free cash flow and 200 million in cash. Kenya and Uganda sale will see 2 billion plus.

Thanks for your insightful posts as always :-)))

Gary you bought in at 1.47 and sold at 39p. Intrigued why you have changed your mind? Good luck with your buy in :-)

Tullow is 90% down in 22 weeks it is now a sitting duck. When total dismissed a takeover the sp was 500 million higher we partner them with every project dyor :-)

Gazza you’ve missed out those 10 billion in assets again :-))))))

And still not one TR1 so the institutions are not fussed :-)

North Sea yes indeed jmax this has a takeover written all over it. As soon as the sale board went up the price plummets - all above board of course :/))))))))

Great post and how much does tullow own of the jubilee field 36% the largest portion.

Bring on Monday right I am going to partake in some committed tackles on the pitch :-)