Member Info for chilting

This from Reuters seems to confirm Trump dumping the deal - https://uk.reuters.com/article/uk-iran-nuclear-decision/trump-tells-macron-u-s-to-pull-out-of-iran-deal-new-york-times-idUKKBN1I927R?il=0

The announcement from Trump actually comes after the UK market closes at 19.00 BST so maybe we will get our rise today then see what effect the announcement has on POO later tonight - so I guess we will hold a 5% plus rise today.

A big jump this morning but not sure it will hold - I guess we are at the mercy of Trump today.

39.5 hours and counting - wow !!!

Still going 34.5 hours and counting !!!

30.5 hours and counting - this is good !!!

Anglia is heading for Scapa Flo after the transfer for a rendezvous with probably Searanger on Wednesday. ATS data is delayed by over an hour at the moment so not sure if transfer has finished ???

Meanwhile in the fantasy world of Barclays we have this from just over a month back - https://www.forbes.com/sites/kenrapoza/2018/03/28/barclays-thinks-oil-is-going-lower/#1cceda766176

Now highest since November 2014 - the last time it was over $75. WTI also over $70.

24.5 hours and counting.

12 hours and counting.

Hook up was about 07.00 BST this morning.

Looking like a routine first light hook up - if that's possible ??? Nice to see Don back !!!

The important thing to remember with these depleted assets is that they do require constant attention to squeeze the last drop out of them. To me it simply doesn't make sense doing that when POO is low - supply is not infinite, nor is cash. The time to do it is when POO is riding high. So the test is on now - Enquest have to deliver and boost production on these assets NOW to capitalise on high POO.

Alma is part of the very old Argyll Field - the first to produce crude in the North Sea circa 1975. Enquest drilled a few new wells to temporarily boost production in 2015 but as with all depleted assets that only boosted production for a short while. ENQ said the field could be productive for 10 years so I guess they could drill a few new wells within that time frame to give production a boost. With the expenditure on Kraken, Enquest have not been spending on assets like Alma over the past few years for prudent financial reasons, especially when POO was low, I guess now POO is recovering we will see a renewed effort to boost production at the marginal assets.

Where we are now - https://www.dailyfx.com/forex/fundamental/article/special_report/2018/05/05/Iran-Drops-B-Word-on-US-Prices-Stay-Elevated.html

Navion Anglia is making good progress at around 14knotts - currently due east of Edinburgh. ETA is midnight tonight - so they are probably going for a Sunday morning first light hook up. The weather is set fair at the moment.

I do so hope that Enquest manage to compose a very upbeat update at the end of the month. We know the good news is available but for the last few years positive PR hasn't been one of Enquest's strengths.

... is shooting for the stars - every chance Brent at $75 and WTI at $70 by close tonight !!!!!!!!!

Maybe this - http://www.bbc.co.uk/news/uk-scotland-scotland-business-43991905