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TUWLF - Tullow Oil: The Guyana Thesis Has Materialized
Tullow Oil Plc Ord
I have been covering Tullow Oil (OTCPK:TUWOY, OTCPK:TUWLF), the London Stock Exchange-listed E&P company with a predominant focus on Africa, since October 2018. And, ultimately, now is the vital moment to conclude: the risky thesis (the bet on a possible discovery offshore Guyana and the subsequent hike in the share price) has materialized. In "Tullow Oil In 2018: Lower Costs, Lower Debt," I pointed out that
The second pillar of investor confidence is successful 2019 drilling campaign offshore Guyana ... Exploration success in Guyana could catapult Tullow's share price.