Enquest Share Chat (ENQ)

I am not sure what we can expect from the EIA lottery today but Brent still looks to be at the bottom of its price range at $60 - I think we can expect a slow rise to $65 with $70 as tops in 2019 - rather boring but safe.

Will Brent to bounce off 60 and head back up this afternoon. Maybe better EIA report this afternoon

Itsaponzi, does your folks know you are out ? Is this how you get your jollies ? You are not affecting the SP in any way by your nonsense on this board , although you do seem to get Krakenoil to bite. Keep up the comedy, it's funny.

That AK is fixed. When it does things will reverse.

So oil price rises and AK is fixed and still down we go !!
New lows not to far away and I'm still calling 14p very soon .
Krak fixed on 60p party only 41p away as my prediction of 14p is only 5p away .
Place your bets guy's ...
Does Arse Krak =AK ???

Kraken

I think you will find that they are just a small part of a much larger trade or trades that are chopped up into small segments for the auto trading process.

Basically when we see them we can assume that there are big trades being processed.

Romaron,
Please shed some light on this:
What's do you think is the point of these 5000, 8000 trades moving the SP.

Hi Kraken,

I did once but if you already have done it why can’t you post ?

Morning Pelle, If you email IR they will answer all your questions.
Cheers K

Hi Kraken,

When did you get reply from IR?
And can you tell exactly what they said?

Last night we were going to 6p now we’re going to 23p

Hello Kraken

LSE is currently working his "magic" over on the Debenhams board - he hasn't lost his knack of following negative posts with positive ones - just like …. does.

Morning Chilt I don’t think we will get a another offloading till around the 28th
Itsaponce guess who used to call me Krak head ......that’s right LSE2000

Load 30 seems to still be quite a few days away - most of the tankers are working on other fields.

However there is a possible candidate for a STS scheduled for Sullom Voe - currently at Rotterdam.

My guess is we are looking at a hook up by midweek next week.

Enquest will rise today on the fact that oil has perked up !!
And if AK is fixed as Krak head is telling us and production levels back to norm we might see a slow rise to 23p.
GL.

Good work kraken and as e121 writes hopefully they could do maintenance during this time weather permitting.

Check out this article on Oil price. https://oilprice.com/Energy/Crude-Oil/Heavy-Crude-From-Glut-To-Shortage.html

The Heavy Sweet (Low Sulphur) crude that comes out of Kraken may well get a premium over Brent, as opposed to the discount we'd been getting in 2017/2018. And if the 2020 IMO rules do kick in (and not pushed back as the US is insisting), then we'll certainly see this happening.

If indeed, as KO learnt from IR, that the mechanical issue with the FPSO is resolved (and I hope that they did undertake unscheduled maintenance during this downtime), then we can take that as a positive to counteract the 2 downgrades we had last week.

Best

At least that answers itsapozi post about why we didn’t climb up with the oil price, add 2 mistaken downgrades to that shutdown and here we are.
So the market would have known this at the time, time to catch up !

Hi Squif yes it was confirmed, issue with an engine part apparently, fixed last week and back to normal production rates now, we all sort of knew from when HK had to make 2 visits to offload, Chilt also noticed one of the supply vessels making a dash to port and then straight back, must have been picking up a replacement part.

Hi krakenoil - did you get some Info on ak?

Child’s you were right ! So it looks like the AK had some issues over the Christmas holidays along with a few storms, so that held up production for a couple of weeks. Back to normal now apparently so doubt we will see a offload for a week or so.

It’saponze- do us all a favour and Fock off ! You haven’t got any view let alone balanced ones, you only popped up when our sp started falling along with oil ! As a long term shareholder as you say you are then you should understand why we are at 19p and you should understand why PMO has also dropped 50%, Tullow almost 50%, CNE 50%, Genel 50% ! If you don’t understand that then your one thick idiot ! I don’t think your a thick idiot I think your agenda is to bash and bash while we have low oil prices so you can get in as cheaply as you can ! If that’s wrong then your just here to wind up the bb and yes you are a Troll. Your posting history points to have been band many times for the same thing.
Shareholders do get frustrated and I may show it more than others but I’m just blowing off steam. Enq is a dark horse in the mid cap range and that’s why I’m heavily invested in Enq. Like you say almost doubling production during a low oil price period is bloody outstanding, shame about the few problems along the way but they will be rectified and higher oil prices will come, that 60p party will be the first of many I hope, quid one will follow ;-)
Touch wood !

I find it very possible Oil hits 80 in spring.
If they manage hedge at such level for a longer horizon debt reduction will go fast.

Opec will do whatever it takes!

Well said itsaponzi their has to be a balanced view on here and as much as I like reading positive posts we have to look at the facts!

How's it trolling it's a fact !!
It's your constant ramping that investors should be worried about .
Your don't have a balanced view on both sides of the coin .
I know AB has a massive investment in 165m shares and knows a lot more than anybody on this board .
So you can't tell me he is not concerned at the share price performance over the last 3 years .
So we go from 37kbopd in 2017 to 54kbopd in 2018 and the share the drops .
65kbopd in 2019 supposedly and we have a mcap of £350m and a share at 19p .
Mr Market sees something and only marks us down constantly with broker downgrades at 15p .
So your 60p party is more of a ramp than me saying this could be 14p at $50 oil.
For enquest to see 60p year end we would have to see $80 oil average and $500m debt reduction and that just ain't going to happen.
So please Krak give me two balanced views not just a one-sided one ???