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 certainly lost its magic touch of a year or so back when every spud was a sack of potatoes, but as i have these, i'll sit with them i guess

Half Year results http://www.moneyam.com/action/news/showArticle?id=4641677

initial market reaction is that the numbers were certainly no worse than expected, though on the face of it they're horrid

StockMarketWire.com
Morgan Stanley is getting excited about Tullow Oil's (LON:TLW) success in Kenya, which is fast emerging as one of the world's most exciting hydrocarbon frontiers. The discovery of a further 50 metres of net pay oil at the company's Etuko exploration well has certainly moved the needle for the group, increasing the recoverable resource by a whopping 300m barrels. However, there has been a bit of an oil rush to the country as mid-caps such as Afren (LON:AFR), Bowleven (LON:BLVN), Ophir (LON:OPHR) and Heritage (LON:HOIL) have joined the charge into Kenya. The news awaited from Tullow by small-cap investors concerns the next well in French Guyana, the last being a duster. Success in the waters off South America would be huge for Wessex Exploration (LON:WSX) and Northern Petroleum (LON:NOP), which is under new management. Sadly, Tullow's update was lacking the requisite information. Morgan Stanley reaffirmed its "overweight" recommendation on TLW, leaving its price target unchanged at 1,510 pence a share.

Ex divi wed 28th aug (4.0p)

Oil Discovery http://www.moneyam.com/action/news/showArticle?id=4663920

RBC summary note:
Tullow announced on monday that the Statoil-operated Buzio-1 exploration well, on Area 2 (TLW 25%) offshore Mozambique, did not encounter hydrocarbons. Buzio-1 was the final well in a two-well deepwater exploration campaign; the well targeted Tertiary and Upper Cretaceous fans and encountered good quality reservoir sandstones in both targets, but they proved to be water-bearing. We include just 2p/share for the high-risk prospect in our 1262p/share Tullow NAV.
Tullow’s drilling activities continue apace and this month we anticipate results from Ekales-1 (+11p/-5p) onshore Kenya and the publication by partner, Africa Oil of a CPR that we believe will include resource upgrades for the companies’ discoveries in the Lokichar Basin, and a positive outlook for exploration in the region. Tultule-1 on the South Omo Block in Ethiopia and Agete-1 on Block 13T in Kenya are due to spud shortly. The Tullow-operated Fregate-1 well offshore Mauritania and the first well on the Wisting complex in the Barents Sea, offshore Norway, both spud in late August.

Positive news http://www.moneyam.com/action/news/showArticle?id=4675376

Bought a few at 959 - have I done the right thing ?

rekirk ask cynic.

probably not :-)

Sold 4500 at 976.50

If a good seller comes along and we have a small drop i'll be in again perhaps.
I understand they presently have an employment problem in Kenyan, but hopefully
that will not too serious. What do you think ????

Bought at 960 - a couple of pennies more than I wanted to pay : < ()

cynic you used to be a great fan of TLW sp near 52 week low are they having problems building those spaceships?

seems so, but at least none have crashed yet :-)
confess it has been very dull .... clearly strong words needed with young Aidan when i see him next!

at least AFR continues to perform

yes AFR doing very well at last, it would be nice if they could consider paying a dividend even if only nominal, all their hard earned cash seems to go back into the ocean.

is ocean a synonym for "someone's wallet"? :-)

who knows but it would encourage investors if they could look forward to receiving a dividend, as was the case with Dragon Oil which enhanced their share price.

Agree, An outfit that pays a divi is a plus, no matter how little.