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TULLOW OIL - worth another look?

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rochdae - Sun, 18 Dec 05 :

Still think you have to recall the size of the company before you can expect too much short-term, even on positive drilling news. Personally looking forward to the trading statement and, of course, results.

As for tomorrow, oil's come off the boil and the US energy index took a bashing on Friday. TLW could lose up to 10p if the sector follows suit. There again the trend seems pretty strong so perhaps we're looking at only 5p. However, if oil recovers in Asia, we might push on up by 2/3p.

I'll go for a finish more or less where we started.


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