Member Info for mrJimV

oil is on it`s way up
https://oilprice.com/

Hahaha , you can tell who jump ship Thursday last week , Oil will go up just because you see a little dip watch what happens , but todays little dip might not be there tomorrow , infact it could be 5% to 15% up , but good you are keeping an eye on it on you lockdown lol ,I expect some have their finger on the buy button already haha.lovely share this one just look at the hedge price TLW is getting for the bigger share of it`s oil .

jetboy , I think TLW will go into auction first thing Tueday morning ,

big talk on bloomburg Friday of 10m cut and then hoping for 15mcut which was going to be a changer now 19m cut that is going to be a blinder for oil prices , all stock will get bought to fill storage up that will push up oil as they will all be wanting to top up , sit back and watch oil going up and the SP . enjoy Monday bank holiday

rd12/ you don`t need to join the party rd12 , you can stay on the sideline . you can watch this go deep into the 30`s

may get news of the new ceo next week as they have shortlisted ,
also with this news today could speed up sale of Kenya ,

on our way to 40p , watch this space , take no notice of the numpties , well done Trump .

rd12 / yeah right you come here for a debate as you say , you need to go back and look at when you started posting on TLW and see you have been negative on all your posts thats not debating that is scared and deramping , no one spend all easter on a bb deramping just for a debate . what about the hedge debate that then as per RNS .

Hedging

As outlined at Tullow's Full Year Results, the impact of reduced oil prices is mitigated by the Group's robust hedging strategy. Tullow has 60% of its 2020 sales revenue hedged with a floor of c.$57/bbl and 40% of 2021 sales revenue hedged with a floor of c.$53/bbl. Tullow's realised oil price in January and February 2020 was c.$62/bbl and following the recent price drop, hedging receipts of c.$30 million are forecast for March 2020.

rd12 / sh*t you have only been on this site a month go and Fu88 yourself , go and do your deramping on a private messaging bb

rd12 , i have come across your sort many atime and you are trying to put off folk holding or want to sell , yeah right on about pig farminf haha , no not me but Sevenoaks in kent is a good area to live .

rd12/ hope you haven`t shorted , seems you are getting worried

sorry the link redropped in the middle of the sentence

rd12 / you want to know what is burning oil , funny you should say that but no pigs where i am he is a sheep farmer but around thttps://www.marinetraffic.com/en/ais/home/centerx:-12.0/centery:25.0/zoom:4he world farmers burn a lot of fuel ,
the biggest burner in the world is shipping , just take a look and you will get the jist we still have to pump oil old boy .
https://www.marinetraffic.com/en/ais/home/centerx:-12.0/centery:25.0/zoom:4

NEWK/ yes the farmer down the road he filled all his tanks up and neighbours all filled up last week , the farmer said they are all filling up to maximum holding at this price .

well that good the oil prices are low today , i have just bought 1500 litres at 24p a litre under £400 , last summer for 1600 litres cost me over £900 , thought i better buy today as oil is going up this week .

they wont let mexico little bit ruin what they have arranged with the Saudi , Russia, America , and others

shame some stayed out Friday , I feel sorry for the ones who have shorts running still , maybe just jump out quick if you have a short running as the sp will start going into the 30,S this week .i dont see a retrace now .

jamtart / yes he is putting America back on the map of the world number one , America are calling a lot of the shots again now , Obama was like a wet fish , Trump wants to see deals completed and he gets results , if it wasn`t for this virus their stock market would be higher than it ever would be , the Americans love him even the black people now , more black people have a job than ever before , anyone knocking Trump want to look at the facts , and he will win another term .

rd12 so you are not holding , stop making yourself look on top of it all because you not , if the storage was going to run out then the cuts would be bigger , lot of folk are scared theis is going north ,

How much is the price of oil , this is what TLW get from last RNS with most being hedged .

Hedge cushion

Tullow said the impact of reduced crude oil prices is mitigated by its robust hedging strategy, whereby 60 per cent of its 2020 sales revenue is hedged at a floor price of US$57 per barrel (/bbl) and 40 percent of 2021 sales revenue is hedged at a minimum price of US$53/bbl.

For January and February 2020, the company’s realised oil price was US$62/bbl, and following the recent price drop, hedging receipts of US$30 million are forecast for March 2020.

According to the company, underlying operating costs remain less than US$12/bbl, with operating costs in Ghana at US$9/bbl. It said its hedging policy