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The interview is interesting and positive but I feel it's not definite at all. Hopefully Total will push for at least 2 drills in 2020. The costs to fund Tullow through a loan or whatever would be pocket change.

In James and Sphunken

Your previous posts about definite 2020 drilling campaign - you are still adamant it will be 2020?

Longwait is referring to the two 1 million buys on 28/01 and 29/01.

You don't see any potential at all in Orinduk Ronald?

650k sell is today, 750k buy is 30/01 but there are two 1 million buys on 28/01 and 29/01.

As Longwait has posted on LOGP, there were two trades of a million each in last few days! Any thoughts?

Excellent synopsis PS. Thanks

Two posters in an echo chamber replying to each other!

Fair enough!

* wait until 2021!

James

If you listen to the most recent call, there was only one question about Guyana drilling. When COO said they don't expect to drill in 2020, there was not one follow up question. Improving production in Ghana, selling Uganda and Kenya are things Tullow seem to be focusing on first. They have committed to selling both Uganda and Kenya and this will improve their debt situation as well as the SP. If they do this, Guyana can wait until 2020 when they have more capital and personnel resources to commit to it.

Manyana

Only a guess but I imagine the major shareholders have agreed to the new CEO package before it was put to him. As they have the votes it's essentially a fait accompli when it comes to the EGM. Either that or as suggested above they have something in the pipeline.

Also that's not berating anyone James, I'm merely highlighting the fact that Tullow have said they don't expect to drill in 2020. It's possible they will. However I'm suggesting we need to rely on official company statements from mgt or through RNS. You on the other hand are constantly posting that the will definitely drill in 2020. You are really scraping the barrel with "berating".

Here is a recent quote from you

"Whatever the 30% is struck at wont necessarily reflect Ecos value but by moving the exploration dial forward and giving an indication (through offer of carry) what the assets are worth if still bit proves them up the it is indicative."

James, that's what I'm asking. What presentation or quote from a presentation are you referring to that has "moved the needle"?

In James we trust, can you expand on what you mean by the below comment on this thread?

"So, Tullow has.moved the needle on drilling in Guyana in a week."

Can you post a link to what you are referring to please?

Haha, I think you are right Pheobus!

Harel, IJWT

Do you have any further information on this 30% farm out?

Fair point about the closed period. I'm already working off the premise that they will raise again so overlooked that. Hopefully you are right Manyana

You are right JH77. I think he should be buying shares with his own money if he is receiving options. We don't know what his Base salary is but if it's as generous as the previous incumbent then I think he should be buying with his own cash.

When do people think we'll hear about a raise if no deal can be struck?