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Unbelievable picture. My boy has a spade in his sand pit. I've sent a message to the Egyptian govt to see if they want it.

Thanks. Bit of a mix up re MCAP being £ but couldn't go back and correct but sentiment is still the same. My money feels safer here though have enjoyed riding all oilers over last year. In a bit of capital preservation mode at mo. Good luck with your investments SK. In this world and your other.

If you look at PMO and TLW, they both sailed pretty close to the wind over this last year (PMO effectively losing it's autonomy) all because of debt. I think ENQ looks in great shape but I would like to see debt come down before a divi was paid. The figures yesterday we're very good to my mind. To be able to pay down debt over the last year with an average sale price of $40 per barrel is great. With the hedging, this year ENQ could average $55+ per barrel. That would have a phenomenal impact on the bottom line as long as the cost savings made so far are rolled forward. I really can't see this SP staying this low. ENQ is likely to pay down $300m of debt this coming year, equivalent of its MCAP as it stands. Just by that stat the SP should double. PMO and TLW were trading (and still trade) on growth prospects with their untapped (and to some extent unexplored (!) acreage) and it came home to roost this year. I like how ENQ is getting firm foundations and then slowly build out from there. As someone said yesterday AB has a lot of skin in the game. If he protects his money, he protects ours, he protects the company. I really think things are looking good. I've been in oilers for the last five years or so. Dipping in and out of all of them. I like ENQ.

With this hedging debt will be under a billion this time next year. Easy.
Small top up at 18.86p.

Oxy - that’s what I see. It was a very realised price per barrel last year . With hedging at 55 this year huge upside.

And what I like more is the SP rising today ; )

Looking at the volume of buys/sells I feel there aren't so many games with CPI. I've played the oilers since POO tanked and those boards are mad (and fun) but the shorts and volumes are big. I like this board.

My thoughts are a toss up the dangers of other countries following UEA's lead and the benefits that might come if the shock of the UEA's actions finally pushing the BOD to take the plunge and accept a fine but no culpability (DPA). ie. finish this whole saga. Given Wood's. RR and other companies taking a DPA I can't see a problem (other than the frustration of it). Someone a few days ago said the UEA amounted to 8% of PFC income - will a fine amount to that? I've been in an out of PFC for about 8 years, so before the SFO news broke, and this bad news/smell has been a milestone around the SP's neck. I'm out at the mo but will be back in by the end of next week and have one last punt in to the results.

I have a few too many eggs in this basket too, and prudence suggests I move a bit out. But I will take it slow. I've had a crazy week of work so haven't had time to do anything, even take much heed/notice of the results. But I am grateful to read of people's thoguhts on here and ultimately that CPI didn't bomb. That the ship stayed steady is a very good sign.

The share price is way too steady after that news. Another leg up coming. Recent high of 525 well within sight.
Kind Regards, Nostradamus

Sorry just read back a few pages on the BB and saw NOFEAR's dialogue with IR. Could be 17th. My daughter's birthday. If the results are good then her present will be in her ISA!

I've taken my eye of the CPI ball for a few weeks though still invested. Could someone please remind me what day are results published this week? On Capita's own website there is nothing on the financial calendar but 4th March rings a bell for me. Thanks and GLA. I hope everyone is enjoying the SP lift.

Lemming - Keep the updates coming!!

Sweet.

It won't be game off if we break 35. In November a very quick ride up to 37 after breaking 35 and then fierce rejection. We need to be in the rarefied air for a while before counting eggs, chickens etc.

ENQ has really broken its shackles over the last week. TLW to follow? : )

If oil plays ball I hope so. The Dow was on holiday today so hopefully there is a bit of FOMO tomorrow and there is another day of gains driven by the US.

Approaching 35. Big resistance. Can we break it?

Looks like a slight sentiment rally today as oil stocks not following oil which is slightly trending down over the session so far. All the press about commodity and oil supercycles is hitting home. Got to be a positive moving forward.

Thanks for the news on bond price rises. TLW beating other oilers today. Very promising.