Member Info for Dol03

What do you reckon? loose lips and all that..

They've probably had the wink from Trump that China trade is near

Kinda looking like the market is not impressed at all and I just don't have the confidence to think PanR will cease to fail. I am also quite curious about the one well producing jut 2000bl/d. I may be mistaken but it seems really poor. How many wells? I am also a little gobsmacked that the guy at the meeting Bob was surprised at the hostility. This share is at 16p from well over a £. That seems fake to me. How can you not look at the failures here and think it's all going to turn around just because? They have dumped loads of wells because they have failed with no sign how long that may take to monetise and no one seems bothered? Anyway, they are my reasons and I at this point don't see it. My loss.....

Cutting my losses. Bit wary of electric trades, they will pull the price down as low as they can and I just have no confidence. Going to mull over weekend

Well, he's got to do something to decrease oil price so he can cowtail to China to get an 'amazing deal' he's been waiting for. What an economic farce

https://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-49825133

Oil production restored! Amazing, from that fire!

Hmmm... I think Texas May have been ‘full of oil’ to. It’s a shame they can’t get it out of the ground

I don’t think we want this Karaken. May seem like a plan but loads of countries will chuck extra oil at the market. Would be better for it to be ‘fixed’ ‘sooner’

Algos to £20 great! Wow! Didn't expect such an upgrade! Off to the races then :)

I guess, if it's out a while you get a rush of countries looking to replace it. Control is better in the long run and I guess the Saudis are trying to control the market

Kraken, that article is really misleading. I thought that, then clicked on it and said 'End September' duh....

https://www.cnbc.com/2019/09/17/saudi-energy-minister-says-oil-supply-is-fully-back-online.html

https://www.ft.com/content/e7d4f534-d959-11e9-8f9b-77216ebe1f17

So what are our thoughts?

https://www.energyvoice.com/oilandgas/north-sea/207708/enquest-outlines-plans-for-landing-eagle-field/

They have said not Pelle but it strikes me that they would not know for a while. I would be amazed if no one was hurt. USA already talking of meeting and this creating leverage for Iran so it seems they are in control. All hail new powers Iran. Unbelievable....

Supply is not the problem though Pelle, this is one time I agree with Squif . We Hope that it does spike but the negative forces (mainly Trump) amazingly seem to be in control. It’s nuts, but that’s the way it is. It’s also nuts that Enq is here at this price

https://www.cnbc.com/2019/09/15/saudi-arabia-aims-to-restore-one-third-of-lost-oil-output-by-monday-wsj-says.html

And ask to normality, nice dream for a while ;)
https://www.wsj.com/articles/saudi-officials-say-oil-production-to-return-to-normal-levels-by-monday-11568491979