RE: Price3 Oct 2020 14:10
Tullow should be ok at these oil levels and it is servicing its debt quite well. The 500 mill will make life easier and secure mid term survival but don't see how it's going to raise the rest from asset sales that are clearly unwanted. If they can make Kenya pay with some decent production then it will look all the better but this is going to take investment that we don't really have till oil recovers to decent levels. The virus is killing lots of business so a vaccine is the only real solution