Member Info for Deeko19

Guess they finally looked at the hedges and realised what’s actually going on. Plus drilling in Guyana, plus Kenya and the start up of two ILX fields in Ghana in 23.

Mental that this is still at these levels

60 million barrels a day of heavy oil. Looks like oil price is heading down to $1 :)

Interesting typo

‘What goes up inevitably comes down’

I’m not convinced with that one, I3E is finding it’s fair value equilibrium and I don’t think we’re anywhere near there yet.

It doesn’t help that there are constant spanner’s in the works with outperformance in the assists and commodity price but I think I3E still has some way to go. There will inevitably be peaks and dips but when it’s all said and done i see us comfortably in the high 30’s and still targeting growth in Simonette and clearwater

ATB

Current market seems to be in denial. The market dropped on comments from a smallish OPEC producer saying that they are ready to open the taps. The comments were quickly squished by OPEC

I’m not seeing these massive buys, maybe they’ll show up after hours… couldn’t care less about the slight drop here either because the writings on the wall.

My guess would be that the market is predicting Brent will hit $90 then pull back… maybe… possibly but couldn’t care less. As long as oil is above 50/60 dollars then Tullow is generating crazy money

Forgot to mention Kenya and drilling in Guyana this year too

At 70k barrels it’s 44%… any oil company that isn’t prudent enough to hedge was likely wiped out and sold for peanuts to one that is.

I’m in shock that people actually complain that Tullow hedge production

New pipeline 10” pipeline in non-operated fields. Additional well at end of 2021 in Jubilee, Ten gas injector online for pressure maintenance in 2021. Two rigs drilling this year and additional stake in Ghana. If production guidance comes in at 70 then we’re making some serious cash at the start of the year. If we drill 6 wells this year then we’re a cash machine

About damn time too Anton. Question is will we approach the a broker target of 90p… I hope so, question is when?

I think there may be a poster on this board that can tell us

Drilling a second well this year I believe

Agreed JMAX. Anyways, inwards and forwards… let’s tag the £1 mark in 2022

But I don’t want you to get started on another rant about Slift or Uganda so I’ll leave it there

What?? Hahaha

Rahul has no skin in the game, he’s bought no shares.

+ empirical evidence shows the market doesn’t have as much faith as you

(FYI, this is my other account)

Been listening to this for months. The fact is, investors don’t see any creativity here anymore. The company has sold high value assets, isn’t drilling high value prospects and only plan to focus on Ghana. That’s great but E&P companies need a pipeline of prospects. Unless they manage to strike a big ILX prospect in Ghana then unfortunately all that happens is our reserves dwindle, the cash is handed out to debt and the company ultimately becomes less valuable to investors.

Rahul needs to put his hand in his pocket and use the excess cash to drill Guyana

You finally sold up and moved on from this **** heap

Yeah I was slightly underwhelmed by it myself. Im disappointed that they won’t be drilling in our operated Guyana block, Tullow didn’t seem overly thrilled to be forced into drilling on Kanuku as well. Kenya looks decent but again, didn’t seem overly upbeat about that either. Rahul may be abit too bland actually

CEO spends 10 minutes talking about the difference between jubilee and TEN…

Question, can you waste the last 10 minutes talking about the difference between these fields… who is asking these questions

Stop wasting time haha boring

Arnt as bad as 8 thought, 70% at $70? Did I hear that

I don’t think you’ve ever made a penny hahaha