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!

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.

Christ! What a lousy year.

lousy year, but yet anothet good result that ought to perk up sp but probably won't!

Tullow Oil announces that the Agete-1 exploration well in Block 13T, onshore Northern Kenya, has discovered and sampled moveable oil with an estimated 100 metres of net oil pay in good quality sandstone reservoirs.

The Agete-1 wildcat well is part of a major exploration campaign and has made the fifth consecutive oil discovery in the first of a chain of multiple rift basins across Tullow's acreage in the region.

sp down again on RNS not a great deal of good news lately.

Not much news lately, why the huge (45%) fall?

TLW were seen as overpriced relative to their peers and they also had a succession of duds, though success has been the order of the day of late