Member Info for Tman75

We’re doing better than oil. That’s new

anton it is tempting isn't it. my own experience is i will loose in the end (even if you have a few successes). in the end going for the company fundamentals and going long has been much more profitable for me. but there is always the nagging what if... i sold at 67p and rebought at 40p.

Expect 1.50 lot sooner than that tbh.

So much more eloquently said, but yes!

They are not calculating with 81p/b but a much more conservative price. Smart sensible accounting

inflation will help there too. (besides the oil price where it will help too)

i like especially the following part:
" In Gabon, selective infrastructure-led exploration has led to the Wamba discovery which is adjacent to the non-operated Tchatamba South oil field. The discovery has the potential to deliver oil production from mid-2022, subject to capital allocation and budget decisions."

also hedging will be schaled down and against considerable lower cost per barrel.

mm's will try their best however. long term the plan is unfolding nicely.

all the best to all lth's

same old games as always before an update. this is long term going be much much higher . all signs for tullow are positive. and have been for more than 6 months now. why good news on tulow sometimes leads to downward sp movement seems to be ftse related. don't see it happening to that extend anywhere else.

10% extra and unhedged

great news. very good!

Tnx sc

Tnx sc.
On topic: does any one know when we Will start charging for our gas? And what would that bring tullow in teems of cash?

Can all non tullow investituur please Go their ‘OWN’ boards?
Especially sadanBOY, who clearly doesnt understand anything. Keep your lunchmoney in your pocket.

@scoredagainsteps
Welcome to the board. Can you verify your gasstatement? Or maybe share a link? 20000bopd is quite Some statement. Would-be great.

Tnx slift

Slift, 120000 bpd 50% = 60000 bpd.
Costprice 22ste, poo 82, 60 profit. 3 mln profit a day.
300 mln you say . That is 100 days work.
Of course apart from 4 bln costs. But still.
I know it is simplistic but please explain your number.

True. And saved Costs too. Still we should aim higher. We don’t want to anger jubiley

Tango with estimated 100bpd and a 50% stake and a cost price of 22 i don’t think that is a fair value for us. I think we should aim much higher IF there is any desire to sell at all (but anything has it’s price of course)

Thanks seakingalpha. Good post

nothing, NOTHING, has changed for the worse. tallow is going for the low hanging fruit at the moment. low risk high success possibility. new wells in exiting field. kenya update coming soon. new people fit for the job to do at this current phase in time.
high oil price doesn't hurt us even with the hedging! please stop this yammering. it is just not AS high as the daily price. But still a lot higher than envisioned in the 10 year plan., and guaranteed! And the unhedged percentage still profits from the current oil price. so net, still very good. new wells will profit too.
i have a lot of trust in these golden tickets.