Member Info for BTFATH1

Romaron and Modestus our night out is on you then 🤣

Wow Romaron and Modestus my average is around 19.3p and I only hold 630k shares.

Agreed Romaron and surely we are big target now but at what value it’s got to be nudging up 850 million quid.

Not in Mayfair Modestus 🤣

AB you is da main man 👌🏼

We did it boys n gals 👌🏼👍🏼

Astonishing and at long long last and that is a two fingers up to clueless Ed.

$5 a barrel this is incredible news.

Enquest I love you dearly - the divi just landed in my account as well.

Let’s break through 21.5p and we are off and running.

I might put my entire holding into Serica instead 😂

I agree wholeheartedly with krakenoil everyone has varying ideas as to which company they believe offers the best pound for pound investment potential.

To me Serica’s valuation of a billion is a tad top heavy to me, where as our valuation given that our net debt is due to reduce substantially, we will producing close to 80k boepd and we have billions of tax losses offers a 2-3 bagger in a very short space of time.

Serica valued at $3 billion - errrrm I don’t think so 🫣😆

Get Wes in as the pm asap, help for the squeezed working and middle classes, rejoining of the customs union and he is all for drilling in the NS.

Reading lots of reports over the weekend that oil shortages are weeks away and that a considerable rise of Brent is inevitable.

The market will soon begin to comprehend just how undervalued we are in the very near future.

Interesting articles thanks Modestus.

I think the lack of supplies will really start to be felt in the Far East first and it will then start to hit the west.

While I think the likes of $160 are far fetched we could see $130 if this continues for much longer.

Our net debt will be non existent at these kind of levels.

Incredible to think we are back at 18p and it won’t be down here again for long.

Meanwhile Enquest are making tons more free cash flow as Brent marches up to 100 dollars again.

Never ever believe a single word Donald says 🫣

Very good point Krakenoil and let’s see what unfolds.

Many thanks the detector and to you too.

I’ve just cashed out and I will survey the sp action over coming 3 months.

I’m heavily invested in Enquest (my retirement pot 😆) but I also dabble in Halfords as it is a very sound business, with a generous dividend and has superb medium/long term potential.

Yes indeed and the disparity has to narrow at some point.

What we all need to remind ourselves is that the benefit of higher achieved oil prices is of much greater significance/importance to the likes of us than say a BP for example.

As could potentially lead to a reduction in our net debt by $150-400 million during the 26/27 fy.

Assuming with the massive rise with poo that our assets will not increase on the balance sheet?

Thank you Romaron and Krakenoil for the summary of events.

The sooner we receive the next update with the precise number the better then. However, from looking at the Financial Diary that won’t be until September.

We may well receive news of a nice juicy asset purchase in the interim though.

😂😂

when we hit 35p plus I will join you all for a night on the tiles.

Nice surge upwards at the bell 👌🏼

Look forward the updates when the hangovers have subsided 🍻

Lochnagary, great point as even though the coverage yesterday was aimed at the super majors, we certainly do not want to be advertising about our seemingly strong fcf increases and reduced net debt whilst this shower of rubbish are running our country.

Krakenoil I firmly believe we should be through into the low 20’s off the back of that.

The numbers will follow and it takes a while to calculate the fcf increases 😆

Hoping that lots of the larger funds will see the press coverage.

Like you say we are all looking forward to seeing the updated fcf figures.

Happy sunny Friday 😎

AB and the Enquest team you are legends and keep up the wonderful work.

So so impressed, thank you.

Our robust financial position has enabled us to build on last year's maiden dividend, and we intend to do that via an upsized $20 million dividend, subject to shareholder approval at this meeting. We remain committed to returning capital to shareholders and will continue to do so on a sustainable basis.

This is a really exciting time for EnQuest, and I am energised by the opportunities, both organic and transactional, which are ahead of us. On behalf of the Directors and the executive team, I thank you for your continued support of the Company.

Ithaca has a 4.5 billion mc with net assets of 1.2 billion?

Am I missing something or are we beyond undervalued 😆

Cannot fathom how we hit 111 dollars with Brent and we barely move north. Brent drops and we plummet.

Just when we will attract a realistic valuation for what we have 🤷🏽‍♂️😩