Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Agree there's good potential just getting fed up of the daily afternoon rape of the sp
Trading Update - as well as some facts & figures, we should have news on Kenya strategic partner and £75 Million from Total coming our way from Total plc / Uganda FID recent announcement.
No change to output. Should stabilise PoO and then up and away.
Sadan or Satan? take your negative deramping somewhere else you idiot!
Absolutely fantastic news, increases FCF and great for Tullows coffers.
Anton / anyone else in the know, will this $75m be paid to Tullow Oil Plc in 2021 by Total plc?
https://www.businessdailyafrica.com/bd/economy/state-to-pay-turkana-oil-fields-landowners-3603212
Good points SeekingAlpha. Personally I think it's valued upwards of $1 billion to the right major.
Thoughts anyone positive?
A figure in the round. But $1 Billion with a stake retained would represent a decent-ish deal IMHO. Half the os debt and double the sp.
Lead Strategic Partner sale of Tullow's major stake in the Kenya fields would lead to circa. $1 billion to Tullow.
This would allow Tullow to halve its debt. Major boost to sp. Tullow would retain a small working interest say 12% but that would still be in excess of 10,000 bopd. Win win all round. Go on Rahul excellent strategy potentially. I see this at 70p sp on any news.
Not sure why the full link is not coming through
https://www.***************************/tullow-oil-plc-26.1-potential-upside-indicated-by-peel-hunt-llp/4121030202
https://www.***************************/tullow-oil-plc-26.1-potential-upside-indicated-by-peel-hunt-llp/4121030202
https://www.***************************/tullow-oil-plc-26.1-potential-upside-indicated-by-peel-hunt-llp/4121030202
Tullow Oil plc 26.1% potential upside indicated by Peel Hunt LLP - 65p target!!!
Yes just seen it on Tullow's investment pages - 17th Nov only 3 weeks away. I'm expecting a bumper update and share price to rocket to 60p.
Oil price is the highest it's been in years and new highs were reached today, yet quite a few negative comments on here. Guys let's have more positivity please, likes of Anton and Big Risky regularly posting good comments and we need more. We're at a tad under 50p, given the Co. fundamentals and Energy stocks back in favour with the astronomical price of Oil would have expected 65p by now but it's just a case of being patient. Tullow has everything going for it, a bit slower than we'd hoped but let's just be patient. In terms of value for money Tullow is a bargain for anything under 70p right now. As soon as a strategic partner is announced this will add probably 15p in 1 day IMHO. So guys don't scare off potential investors with your childish squabbling and look at the bigger picture.
Looks to be an excellent appointment as Chairman Designate, can only be a boost for the sp.
Anton you could be right (lol) as that is exactly what happened several months ago.
Looking at the sp you'd think oil was back at $60 and not touching $85!