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!

Not currently paying a divi, worth looking at though after this dive.

cynic... 202.4p soon coming up now... you selling?

it really hasn't moved much from that all day
may hold over w/e ...... can certainly afford to

Yeah, I agree, I think it will bounce up soon.

Shares in Tullow Oil gushed higher on Tuesday as Deutsche Bank upped its stance on the stock to 'buy' from 'hold' and lifted the price target to 330p from 270p, saying the current price offers an attractive entry point.
DB noted that Tullow has underperformed its peers by around 20% year-to-date.
"If you've been sitting on the fence, we think the current share price offers an attractive entry level to invest in a material and recapitalised bellwether of the European exploration & production sector.
"Tullow offers geared commodity exposure for investors with a constructive outlook on the oil price, as well as long-term optionality and growth in a deflationary international E&P cost environment (unlike the US unconventional space)."
The oil and gas team of the German bank pointed out the fully underwritten cash call significantly strengthens the balance sheet and means Tullow is now not in the thrall of its lenders.
Deutsche said the rights issue allows Tullow to wrestle back control of its free cash flow from the banks and let its equity story take centre stage.
Last week, Tullow announced plans to launch a £607m rights issue at a 45% discount to its current share price as it looks to shrink its debt burden.
"The $724m net proceeds from the rights issue should now free Tullow from the restraints that may have been imposed by its banking syndicate in a flat commodity oil price environment. We also estimate that Tullow will save circa $75m in fees and interest charges over 2017-18, as well as removing the need to stretch covenant waivers," DB said.

unfortunately WTI is now <$48 which will not help matters, nor the slump on wall street last night

WTI go up and down ... I think it is a good entry now at 198p.

don't rush to do anything this morning

Sometimes, if you don't bite the bullet, it shoots up instantly.

it's hardly "shot up"!

I'm not saying now... what I meant it is likely to go up suddenly.

Commonwealth Bank of Australia increase their holding http://http://www.moneyam.com/action/news/showArticle?id=5518219

208p now... already in profit... it will go up further.

Still plenty of time for going X-rights (6 April ) and then plenty of time for the right time to buy ( if if has a large drop a few days before closing date )

Announcement of the Rights Issue
7.00 a.m. on 17 March 2017

Publication of the Prospectus
17 March 2017

Latest time and date for receipt of Forms of Proxy and electronic proxy appointments via the CREST system
11.00 a.m. on 3 April 2017

Record Date for entitlements under the Rights Issue
6.00 p.m. on 3 April 2017

General Meeting
11.00 a.m. on 5 April 2017

Provisional Allotment Letters despatched (to Qualifying Non-CREST Shareholders only)
5 April 2017

Admission of the New Ordinary Shares, nil paid
8.00 a.m. on 6 April 2017

Commencement of dealings in the New Ordinary Shares, nil paid, on the main markets of the London Stock Exchange and the Irish Stock Exchange
8.00 a.m. on 6 April 2017

Special Dealing Service open for applications
8.00 a.m. on 6 April 2017

Existing Ordinary Shares marked "ex-rights" by the London Stock Exchange, the Irish Stock Exchange and the Ghana Stock Exchange
8.00 a.m. on 6 April 2017

Nil Paid Rights credited to stock accounts in CREST (Qualifying CREST Shareholders only)
as soon as possible after 8.00 a.m. on 6 April 2017

Nil Paid Rights and Fully Paid Rights enabled in CREST
as soon as possible after 8.00 a.m. on 6 April 2017

Latest time and date for requesting Cashless Take-up or disposal of rights using the Special Dealing Service
3.00 p.m. on 13 April 2017

Recommended latest time and date for requesting withdrawal of Nil Paid Rights or Fully Paid Rights from CREST (i.e. if your Nil Paid Rights or Fully Paid Rights are in CREST and you wish to convert them into certificated form)
4.30 p.m. on 18 April 2017

Recommended latest time and date for depositing renounced Provisional Allotment Letters, nil paid or fully paid, into CREST or for dematerialising Nil Paid Rights or Fully Paid Rights into a CREST stock account
3.00 p.m. on 19 April 2017

Latest time and date for splitting Provisional Allotment Letters, nil paid or fully paid
3.00 p.m. on 20 April 2017

Latest time and date for acceptance, payment in full and registration of renounced Provisional Allotment Letters
11.00 a.m. on 24 April 2017

Expected date of announcement of the results of the Rights Issue
by 8.00 a.m. on 25 April 2017

Listing of the New Ordinary Shares on the main market of the Ghana Stock Exchange and commencement of dealings in the New Ordinary Shares, fully paid, on the main markets of the London Stock Exchange, the Irish Stock Exchange and the Ghana Stock Exchange

8.00 a.m. on 25 April 2017
New Ordinary Shares credited to CREST stock accounts
as soon as possible after 8.00 a.m. on 25 April 2017

Expected date of despatch of definitive share certificates for New Ordinary Shares in certificated form

Credit Suisse today reaffirms its neutral investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 205p (from 285p).

Cynic, look at this... I told u so (post 816)

already held in both trading and sipp accounts and bought more to trade on 17/3 (post 807)
this last lot have done very well indeed though still running a modest loss on the earlier trading lot (sipp in profit)

markets could easily be heading a fair bit lower today so have just banked the juicy profit from the deal of 17/3

I see a lot of fund managers closed there short positions in tullow yesterday.

i think it may be related to the rights issue becoming "paid up"