Member Info for Tman75

Yes I saw bit was honing for more. With new wel of say 10k the 62/63 k means the decline is still going on quite hard. Am i wrong Xxnjr?

40 years older this week

40 years older this week

Monthly turnover now higher than Total tlw company. Insane.

New Wells should lower cost per barrel though

Shaml82, this is not true: ‘ Problem is if they amend and extend ,Tullow would need more money to increase production as at current rate there is hardly any money left…’

The six Wells (1 done, 1 in progress and live before end of year and the fout in next year, are already paid for. Besides , they are expected to be at much lower coat (20$pb) since the infrastructure is already there.

Gogadget . Although I am wondering how much of obn rumour has reached IP already I wonder how much already dripped into the 2026 outlook (I think none). Might be an underpromise..

But this is how long analysis of obn data takes according to ai :

Analyzing data from an Ocean Bottom Node (OBN) seismic survey typically takes several months to over a year to complete, depending on the scope of the survey, the complexity of the subsurface geology, and the specific processing technologies used

Haven’t seen him Here last few weeks (blus). But then again it was Halloween

Yes Anton that was my point too. Don’t read too much into it.

Unless the update is planned at closing time on friday (it isn’t) i don’t see any advantages to do it on a friday if there was bad News. It Might however Just give Some extra days for positive News to be included on the new Well maybe. Or even better, the refinancing.

There is a range of goals that would have to be met for the shares to be activated. For as far as I know these goals have not been Made public yet.

‘Tullow Oil PLC has announced the granting of nil-cost option awards over its ordinary shares to its CEO, Ian Perks, and CFO, Richard Miller, under its 2023 Executive Share Plan. These awards, contingent on achieving specified shareholder return targets over a three-year period, reflect the company’s strategy to align executive incentives with shareholder interests, potentially impacting its market positioning and stakeholder relations.’

Https://www.newsghana.com.gh/parliamentary-committee-tours-tullow-oil-fields-in-western-region/

Uganda potential is big with 2,5% and poo at 72,5 and 220k bopd. If if if and maybe but not outrageous . At all. And then 150 mln is realistic

We have seen this before. Jefferies with an outrageously low goal. Then the reaction, then the sense returning.

Is all good? No it is not. We need production not to fall down further . New Wells should tackle that issue. Ships from 15 to 16 days is dissapointing but 1. Guessing and 2. Not sure how big a decline if any. Thanks for those updates Anyway Xxnjr. No real lifting data provided since June .

Totals uganda is still on track and if all Goes as planned and poo climbs by the time 220kpd is reached , (and refinance is done) the contingent payments alone Will be worth more than current market cap.

Kenya is still alive too. 30% backin rights , again almost more than current market cap per month is if max bopd are reached.

Current lifting is also monthly worth in the equivalent range of current market cap.

Yes we need the gddmn refin but all in all the fall is overdone massively.

So all bondholders need to do now is load up on stock and once their bag is full agree to refinancing and (multi) multibag.

Experts ….

Well take your pick:

https://oilprice.com/Energy/Crude-Oil/Crude-Oil-Could-Fall-Below-50-BofA-Warns.html

Https://oilprice.com/Latest-Energy-News/World-News/Saudi-Aramco-Underinvestment-Could-Lead-to-Oil-Supply-Crunch.html

Ninja turtle at it again I see

This I like:

‘ The vesting of the Awards depends upon the extent to which specified total shareholder return targets are met over a three-year performance period from 2025-2028.’

Assuming targets are sane.

‘Uganda's first oil production is expected to start in 2026 at 21,000b/d, increasing to 145,000b/d in 2027 and reaching a peak of around 219,000b/d by 2029 despite delays from infrastructure issues and disputes with international oil firms.’