Member Info for acchi

when will be next update please ? this week or after Opec meeting ( as per history).

MO- many thanks!!

Hi MO,

Thanks for Aug data and specifically sharing the news re Afren plc which gave some relief as i had lost money in Afren.

can you pls share the site for Aug data, below is July site which i updated with Aug but it did not work.

https://itportal.ogauthority.co.uk/pprslive/production-data?start_date=Aug+2018&production_type=OIL&production_unit=OIL_FIELD_UNITS&operator=ENQUEST+PLC&regulatory_jurisdiction=ANY

thx

balanced result.... expansion is there but with right issue however reduction is debt of $195 m is there as well.
sign off , so there should not be material up/down in SP.
let see .... but scared and confused!!!

Hi Inner,
nice to see you after long time on this board,hope every thing is fine,
but still not signed off.

thanks

whatever AB will do with proceed that is different thing.... but this is sure farm out (which may take time) will have has material impact on SP.

This is medium size company and its risky to go ahead with 71% interest in big project and huge debt especially when POO is unpredictable & opex cost is high as well in this region. Based on risk factors they have created data room and took third party service re this and they will go ahead with farm out as soon as they get right price.

Nice update, so hopefully from July onwards we will look forward to next milestone (i-e 20% farm out ).

Hi MO- AK production for April is better i-e 35.8k , not so low as we were thinking.

they have 24p which is couple of months old.

hello January it may take couple of months and its just opinion which could be wrong.

MO- thanks for update!! Happy to see that u r back and active again as this gives me confidence that things are going well . i also had a concern in back of my mind re low production but now relax Tx

we should not expect strong recovery in POO in coming weeks however it will remain volatile until 22nd June. https://www.bloomberg.com/news/articles/2018-05-27/opec-committee-is-said-to-see-oil-stockpiles-below-5-yr-average

we should not expect strong recovery in POO in coming weeks however it will remain volatile until 22nd June. https://www.bloomberg.com/news/articles/2018-05-27/opec-committee-is-said-to-see-oil-stockpiles-below-5-yr-average

DD, for Jan & Feb production below is link Agree we are not expert, but have a little concern re production until its back to circa 40k at least. However notes re AGM from some one from other site give some relief and thankful to them who have done this for ENQ holders. https://itportal.ogauthority.co.uk/pprslive/production-data?start_date=Feb+2018&production_type=OIL&production_unit=OIL_FIELD_UNITS&operator=ENQUEST+PLC&regulatory_jurisdiction=ANY Thx

Chilting- thanks for regular updates re tankers , so that means currently ENQ is producing 32k from Kraken ? and same was in March and April( drop from peak 39k in Feb).

MO- thanks for your balanced views,i have a couple of questions - how many days shutdown was? - average production for March & April ( excluding the shutdown) , can you pls work out based on current information? As per my working its around 34k based on 60% shut down in March as Jan & Feb is already disclosed.

market will definitely react positively but slightly and this is sure.

Hi January, hope u r doing well and comfortable with RNS..... i understand there is stability in Kraken production which is good sign but how Kraken numbers are better as production during the March and April ( excluding the shut down) is less than Jan & Feb numbers.

positive as things are moving in right directions but slowly , maintained production guideline and no further hedged. market response should be positive .