Member Info for Auson

Seemed to pick up pace after 3.30. Short attack ?

SBB1,

Large buyer too as someone took those 2.44m shares at 13.51 ish

Mrd5432,

North Sea is expensive to operate in. This is why the supermajors are selling out there.
If you want to have FOMO for not buying Enquest, I think Premier was the better trade was 65p not long ago so August 18 and hit 120 on 7th Jan ! But Tony D massive short position and RI and placing on the way there.

Mrd5432,

5% up in one day is pretty good for an £800m mcap company, especially on the day of a big impairment write down.
Give it a few more days for 68p
Enquest is not FTSE250 so rally is mostly P.I. led

ralph2010,

Well if you want to read into the purchase here is my take. The director buys are a response to the Majedie reducing holdings RNS. Its a signal and will be reported as such.
How do you know there won't be more director buys ?

Nigoil,

They've got to change the narrative now Moody actually has made a share buy.
Directors could buy today even if there was a court hearing for OM tomorrow.
Premier will not have told Moody when Zama RNS is going to be released and the sale price !

Looks like the new government are keen not to over tax fossil fuels.
https://www.energyvoice.com/other-news/217928/flybe-saved-from-collapse-after-government-calls-for-air-passenger-duty-review/

fecm,
No it means the directors do not know any price sensitive info at the moment..as in yesterday.

tindrumgambler,

Its called gloating or shadenfreude, as Enquest has performed well recently. However Enquest's Op Ex was over 20 Dollars a barrel to TLWs 9 a barrel.
Just sayin.

Is now complete...
Don't panic see how it closes today.

SauerKraut,

Director buys...finaly after all thease years !

Anyone spot this one way above the bid.
10:22 - 14/01
Buy 2798266 62.00p £1,734,924.92

No S & P Global are not wrong, they provide market analysis. Its just your reading of it thats wrong.
Anyway you are boring me and no doubt everyone else on this board. So you're on filter !

NeilHannon,

Ah yes Wiki and Investopedia, brilliant. 0.5% has been stated in numerous analysis. Sour crudes have a discount Kraken does not.

Godders99,

I genuinely wish you all the best, but I would not be risking another £100 grand in here.

NeilHannon,

Not really got a mate who is a phd petroleum engineer, various conversations I've had. I've provided two sources which state Kraken at 0.5%.
As I said sour sounds good for Jethro and Joe then is that why you are here ?

NeilHannon,

No I don't circa 0.5% is not sour. My sources suggest that under 1% in the industry is not considered sour crude. If it were sour why would there be a premium to Brent ?
If it is as you say that Kraken is classed as sour then thats a win for Jethro and Joe !

epiphany121,

That threashold is 0.5%

BenCollins,

Do you mean you haven't put north of £500k in this like everybody else ?

Kraken crude 0.5% sulphur vs Jethro and Joe approx 3% sulphur
'It may discharge the crude in Asia-Pacific for use in IMO-compliant marine fuels production, as Kraken's sulphur content is 0.5pc.'
'Bentley and Bressay are heavier and significantly more viscous. Kraken is a high-acid crude, but otherwise not too toxic, with 0.5% sulfur content, and a small amount of nickel and vanadium. There are two charges in the oil.'
https://www.offshore-mag.com/regional-reports/article/16761919/investors-closing-in-on-heavy-oil-in-uk-sector-far-north
'The Oceania loaded 70,000t of North Sea Kraken crude in a ship-to-ship ... This takes to 300,000t the amount of 0.5pc sulphur fuel oil and ...'
https://www.argusmedia.com/en/news/1956422-euronavs-imo-storage-ulcc-loads-kraken-crude