Tullow Oil’s Value Plunges

The transcript discusses a company's current financial situation, highlighting a price target of 65 pence per share, which sets a ceiling on potential share price recovery. Despite a recent 70% drop, market speculation about a potential buyer exists, but the valuation remains high. The company faces future challenges, needing either an increase in oil prices or a new commercial asset to meet its 2022 financial obligations.

What is the current price target mentioned in the text?

What speculation is mentioned regarding the company's share prices?

What does Jeffrey say about the company's market value?

What potential changes could help the company according to the text?

What challenge does the company face regarding its notes maturing in 2022?