Member Info for Persiantrader

Surely heading back into the 200's again

Should be pushing back past 200 soon.

v good.

Nice to see SP moving (recovering). Hopefully see 220-240 soon

Looking v good.

Selling now is like selling bitcoin at $10k

Good news, I was hoping we could pick up plenty of Mexican Assets.

Donald Trump has urged the UK to get rid of “unsightly windmills” and incentivise drilling for oil in the North Sea.

https://www.msn.com/en-gb/news/uknews/uk-should-get-rid-of-unsightly-windmills-and-drill-for-north-sea-oil-trump/ar-AA1Fm6I0

Ive been in Metro for ages, was expecting it to break the feb's 2003 148 by now. 437p is a great target price. 2027 profits are forecasted well over $210m

Tullow has Sold Kenya and Gabon. These numbers are taken from last year.

Which account do you want to reply back.

Doctordong, supercooper, JMAX, Patel or Slater ?

If they sold Jubilee its worth well over $1b. There would be no debt.

This is great news. More Debt reduction. Story is gated

https://www.africaintelligence.com/west-africa/2025/05/20/tullow-oil-and-cnr-seek-to-offload-historic-espoir-field,110452983-art

??? What to do ???? Labour is barking mad ???

Michael Shanks told The Scotman the oil and gas industry must “start planning for the future” and that the UK needs to start “building up” carbon capture technology along with low-carbon hydrogen production. He also insisted the transition must take place while “recognising that the long-term future is not oil and gas”.

https://www.scotsman.com/news/politics/labour-north-sea-oil-and-gas-energy-transition-carbon-capture-5133658

The National Treasury has more than doubled the budget for the Turkana oil project as Kenya moves closer to developing and commercialising the oil reserves

https://eastleighvoice.co.ke/business/151326/treasury-doubles-budget-for-turkana-oil-project-as-kenya-accelerates-path-to-commercial-production

Https://energynewsafrica.com/ghana-tullow-expects-arrival-of-noble-venturer-drillship-on-may-16-to-begin-jubilee-drilling-campaign/#google_vignette

Debt is being reduced fast, profits up and there is a 6 well $171m drilling program starting right now that could add 5k-10k bopd per well.

Things are going so good. Profit is forecasted to be well over $120m ? Share price is rising ?

Bond you are not a share holder. your posts are always negative. The Oil Price is recovering and Tullow will be posting around $130m Profit this year. With 5x earnings the SP will be back around 30p.

Gabon Oil Company (GOC) is fully owned by the Gabonese Republic..... Its 100% state owned. of course they will raise the funds.. but they were competing with Perenco Oil and Gas Gabon for this deal. The Gabon asset is an easy sale ? I dont think any Tullow shareholder cares.

Its here: https://www.publicnow.com/view/915C6E9B540353C56DCEEE86E49DB76C1AE65554

Pictet asset management are a scum Company. do not use them.

Tullows Debt

2016: $4.6 billion

2020: Over $3.0 billion

2022: $1.864 billion

2023: $1.608 billion

2024: January 30: $1.45 billion

2025: Pro forma (post-Gabon asset sale, effective date): $1.15 billion Target: Below $1.0 billion

When Tullow clears its debt the market cap will be around 60p- 80p x4 profits

Tullow paid off 3.6b in debt. They only have 1b left.

..I..

4x profit is normal valuation ? sp will rise naturally to the 20's

Tullow is a profitable company.

Look at the 6 month chart The sp Decline has stopped. the bottom was 12p

https://www.google.com/finance/quote/TLW:LON?window=6M

Follow the oil price...