Member Info for wallact

This week?

~ 70% COS on first drill! The man said.

CEO mentioned in one of his last interviews that "we have already made a mini discovery" with regard to Hammerhead.
However agree with some factored in credit for possible oil finds in share price; still looks very promising to me IMHO

He seems quietly confident on permits and rig contracts this time. And now we are going from East to West this time! The correct direction IMO. (for drilling)

See we got a nice ad at the top of the LSE page. Not a bad effort by CEO; should be tempting for new investors. IMO

POO looking good too.

Defiantly holding for the spud or longer! If we strike the oil it can be trucked away with ease (low cost). IMHO

would be interested with the COS of the Chinese boarder drills?

Roll on tomorrow.

Fully agree M, In a post last night I was hoping for something tangible; In my interpretation of the RNS this has not happened.
I understand the challenges posed with commercial activity in Mongolia however the CEO and the board need to take a step back and be honest with themselves and there shareholders.
The estimated of potential positive share price rises on this BB are somewhat unrealistic; Just think what the next dilution price will be?
As said before aim holding for the drills out of choice but I am not buying the spin. All IMHO

O; If I were reading this type of RNS a year ago (for me) then I totally agree with you.
It just seems a repeat of last year with words like "should / likely / due"

Will be nice to see permits in place along with a rig contract.

IMHO

Bit disappointed with the RNS; Same old Matad all words nothing new there.

Good to see them focusing on the appraisal type projects, however nothing firmed up.

Can smell another dilution maybe this Quarter.

Am still holding hoping for something to happen at the Chinese boarder. IMHO

IMO they should announce changes to management / board.
The performance of the team has been poor last year. I really hope they can give some positive news tomorrow, something tangible.
GLA and IMHO

Some interesting trades showing? Maybe it was a punt on the pending RNS.

Interpretation from RNS; Maybe theres some new targets for the 2019 drill season post 2018 analysis of SL&WH geology.
IMHO

Observation from presentation; "3rd FPSO on Hammerhead ?"

Fully agree;

2019 program is an appraisal type project with the planned drills and higher COS; MB stated in a previous interview that the (proposed drills now 2019) can if successful be monitized and trucked away to China for process. Even then he seemed frustrated that this wasn't happening first i.e before SL & WH IMO.

If last year is anything to go by then IMO we will see SP movement anytime; could go either way of coarse.

Interesting times ahead I think.

Thanks good article,

Quote "“When you look at the potential here, this could be a possible game changer for Tullow,” Cloke said.

What wording would we use for Eco?

Thought he mentioned or alluded to it in the interview; but might have misunderstood.

Gill said in the interview regarding Hammerhead "a mini discovery" for Eco, when you take that into context its quite significant news! Not to mention the pending CPR update.

Maybe its just generic market conditions effecting the SP?

Thanks for that post, very informative.

I am trying to understand how much is factored into the share price? With the COS good and spud date announced thought it might be higher. Anyway with Exxon's strike rate it looks very promising for us. IMO