no1plasterer, tullow is already producing gas for Ghana. they had an agreement to first deliver 200bcm free of cash. that number is now approaching so tullow will be free to determine a gas price that will have to be paid. so it is a certainty.
Exactly Anton. And of course business control wants that fine to be in last years numbers. Makes sense.
If you also look at the numbers for 2020 and 2021 you see the turnaround In one view. Of course there a million layers of details but still it gives a good view.
I am still gutted about yesterday but looking forward . And with confidence.
Yes but all based on 75$P/b.
And all this yammering about hedging… wasn’t there An update on realised average price per barrel in 2022 of 86p/b. That was before we broke 100$p/b.
All in my subjective opinion of course. **** day!
it is all about perspective. there is just so much to look forward too for tullow. kenya, extra 5k bopd soon, south-america, gas commercialization, extra money due Contingent annual payments to be paid on upstream revenues from the Uganda Interests.
the ship has turned it's course!
i am a little surpassed with today's opening. might be orders based on last night's poo dropping. however today it is flying again. and even so, with yesterday's update, which was amazing, i see a strong general uptrend coming. still would like to know how the price of 86 was managed under current hedging. does anyone know a little more already?
still think the continued interest in the future and the percentages agreed are amazing for Tullow! anyone know the current estimated amount of bpd for Tilenga project?