Tullow Oil plc is one of the largest independent oil and gas, exploration and production companies in Europe. Tullow Oil produces over 56,000 boepd, with a primary focus on UK Gas and West African Oil, underpinned by development projects in the UK, Africa and South Asia.

            Red = 25 day moving average.           Green = 200 day moving average.

I hope that TLW is not getting the IEC or WSM jitters !

Good day for TLW !

According to Torygraph, rise related to JP Morgan 89.50 dollar crude price estimates, and related rise in eps. Brent is going to have to be below 89.50 for quite a bit of this year to create that average!

lots of quality oilies had good rises on Friday ..... i fear it will not be so pretty on Monday when a bloodbath is a distinct possibility following Friday's awful showing in USA

At a guess I'd say the market as a whole might be down except possibly once again for the mid-oil stocks which might once again buck the trend...but even though oil went up again 3 cents on friday they might get caught up in a pullback...let's hope not...real guesswork once again...though the oilies are in an upwards trend overall so a pullback for them will only be temporary !

TLW have hit the 7 mark....the way this world is going we shall see all oil producing stocks double sooner or later ..it might take a few years but I can see oil going a lot further...there will be pullbacks along the way but up, up and up it will go !!

Tremendous mid-cap increases today...it's like watching music !

According to the FT: "rumours of a big oil find in Uganda". That would explain the rise.

TLW has continued on up first thing - could be something to the rumours. I'm well in profit since 08:00 today, which makes a pleasant change from some of the pharmacos I've got caught up in!

Stick to oil if possible Toya and one or two others : check out DTK...seems to want to rise at the moment....I would not get in to the Glaxo's etc...

Thanks RF - may as well go with the flow; and plenty of oil flowing in places thank goodness!

switched into these from PMO yesterday and thought i had screwed it up yet again ..... however, TLW's performance today has been almost as chirpy as PMO's has been dull

With the Price-Earnings so high is TLW still worth holding or is it time to sell.

Loads of potential....there should be some info from Mauritania soon about the infills....for the moment hold !

strange that sp should remain so strong after resignation of FD .... have taken a decent profit here this morning, but am sure i shall be back in here and/or with PMO

I thought the same at first but then realised the FD is not going till end this year - so doesn't look like a sudden falling out with the company.

How do you describe this : Wowweeeee !

LONDON (Thomson Financial) - Tullow Oil Plc. said a 'significant' column of light oil has intersected at the Mahogany-2 well, which is being drilled to appraise the Jubilee field offshore Ghana.

The confirmation that Mahogany-2 is in communication with both Mahogany-1 and Hyedua-1, reinforces the company's interpretation that Jubilee is a major discovery and is likely to lead to a 'material' upgrade of current resource estimates, chief executive Aidan Heavey said.

Simply...well done TLW !

Looks like this will hit the 10 mark sometime before the autumn.