The CEO states Tullow sp is much too low and I bought in on the comments---todays results are excellent and I feel this one is being overlooked on here. check it out bargain hunters-I'd welcome some expert feedback!

TLW has very strong management and outstanding R&D (i guess that's the right term)

Lets hope 2013 is a better year for them.

Im out

i've been nursing a loss for some time, but perhaps foolishly, i shall stay put

There was a broker downgrade yesterday.

Investec cuts Tullow Oil to sell from hold, target price 1,000p from 1,399p.
(I don't currently hold)

i'm afraid there have been several of late, but the company is intrinsically more than just solid ..... if i feel a desperate urge to invest elsewhere, and am short of funds, then i can and would sell these, but currently i have no need

One for the future.

Trading Statement and Operational Update

Strengthened balance sheet; increased Jubilee production, Uganda farm-down proceeds, debt re-financing and reserve additions

Significant ongoing portfolio management; focus on high value oil and early monetisation

Exploration & Appraisal campaigns to target 1 billion boe with over 40 wells planned for 2013

hasn't done sp any good, but the brokers/bears rather have their teeth into TLW at the moment - hey ho

Canaccord note today:
"At Twiga, Tullow is guiding to test rates of 500bbls/d per interval from the ongoing test program, owing to "the limits of test equipment, reservoir energy and reservoir quality". The capacity of the pump is 800bbls/d, and if true this might suggest a combination of reservoir energy and quality is insufficient to fully utilise the pump capacity. 2012 production of 79.2mboe/d is 3% below consensus expectations, with a N. Sea shutdown in December impacting production. 2013 guidance of 86-92mboe/d is light vs. the expectation of 95mboe/d released at the H1 results, at the mid-point the '13 production guidance is 6% below the expectation from July '12.
Drilling at Paipai (6p/sh risked, 70p/sh unrisked high case fig) is ongoing, with results now expected in February (the well is in the top seal of the reservoir). Reserves are expected to increase by 380mmboe as the TEN project moves into the development phase. This represents substantial growth in % terms but is from a very low base of 283mmboe.
We believe the guidance on test rates in Kenya could potentially disappoint the market. Whilst we concede it is early days in Kenya we attribute ~$3.2bn of risked value for Kenya in our NAV. Expectations are very high for this region.
The '13 exploration drilling campaign will target 1bnboe of net mean unrisked resource potential; our risked NAV (which gets us to a SELL rating and 1100p target) includes 1.2bnbbls of net risked exploration resource potential. We believe we are adequately reflecting the undeniable potential of Tullow's exploration portfolio. Tullow trades at a 69% premium to our Central NAV (producing assets and discoveries under appraisal) compared to Premier, which trades at a 29% discount to our Central NAV (PMO : LSE : 369p | BUY).
Overall we don't see anything to make us more positive on Tullow. We still believe the premium attributed to exploration is too large. Although the production disappointments do not significantly impact value they do reflect the difficulties of turning exploration success into cashflow. We think the guidance on test rates in Kenya might raise some concerns over a region for which expectations are high."

wake up cynic! ...... don't fall in love with a stock

Will keep an eye on these .

Bearing in mind that TLW have a 50% stake in the PaiPai exploration, onshore Kenya, this might be worth a punt if it drops further?

TLW are def out of favour at the moment ...... hali might say, "always told you they were overpriced!"

A sleeping giant at the moment.

i hope so DC as i am heavily o'weight here and have been for some time

The company has a great track record, with a great team behind it and as I said a few posts back oil in the past was not found by luck. This company will fight back.

Very hard for a company to get to the top of its game and more to stay their, pleasing its shareholders without some fall back. Somewhat like the best football teams, one day they will have a bad season.