Member Info for Slift

This year will be the first year since 2018 that Tullow will be posting a profit on financial income statement.

Expect overall profit for FY21.
HY21 may show profit dependent on oil price adjustments, but this company is now on track for reporting a profit for FY21.

"SP should go up in the medium and long term to reflect the improved conditions."

Is that what you thought when you bought the dip at 180p 36 months ago..?

Bought some more today :)
Will buy some more tomorrow/Thursday aswell.

You mad?

First half production: Est. 61.1k bopd
Production Guidance for 2021 to be updated to (Est.) 56-60k bopd

Financially, I think the half year figures may surprise people here.

RIP HURRICANE ENERGY 2021-2022.

Lol you sure worry about me more than I do myself

Bought some more today :)
You must be furious i'm getting some shares for cheap.

"clever accountant or finance wiz"

Yes, Jubileey is a finance wiz.

Yes, meaningless if you bought the dip at 180p.

"when they come online this quarter."
"Tie In's were QTR3"

We are in Q3 mate.

I see value AND growth opportunities here diminishing each month that passes without any significant order coverage

There is no company without any secured work orders.

Expected backlog at end of June: $3.6-3.7b.
Estimated remaining revenue for the rest of then year (assuming no new work): approx. $1.3-1.4b

Significant reduction in headcount required going into 2022 to ensure operations, profitablity and debt is controlled.

Not good.

In March, Tullow indicated the two new wells should add around c. 16k gross production.

Kosmos reported that the completed new wells should add 15-20k gross production when they come online this quarter.

Sounds to me like these wells have slightly exceeded expectations.
Time will tell.

"That was terrible what they did to your Ugandan assets. Did you try phoning them up pointing that out? Fairly inconsiderate lol"

Tbf, they should have at least given him a biscuit to stop the howling.

Woof.

"Maybe buy a dog?"

Already have you barking at me though

Jubileey, didn't you buy the dip at 180p?

"Always laughing at Slift"

Bought a lot of Tullow shares today.
Are you happy? Still laughing?
Don't answer because I don't care :)

Jubileey,

Another stressful day?

lol y11-shx.

Still here, but don't you worry about me.