Member Info for Dol03

Thanks Newanda for info

GG, sound great. I have been thinking of doing a little studying in various areas and something you can make money in seems like a fantastic study! Many thanks

Apologies *their*

What are people’s thoughts. Too heavy? I know Enq have had more difficulty with there heavier oil in North Sea but obviously different because of FPSO?

relief who would have thought in a million years they would flow oil without issues. GG, do you mind telling me what those books were again? I have been ill so pretty bed ridden at moment and bored of TV :) GLA!

Heardy... haha

I don't understand their perspective at all Chilting, it almost seems like they are trying to have a dig. It's where they say 'Clearly' the assumptions for Kraken have not changed. Its like they look for any flaw they can find in any company they don't like without looking outside the box. Anyway, there has been a positive show here so lets hope it continues. Staying long this time

Looks like analysts 'may' take it up a few p up but it is going to be stuck around these levels until 'anyone' can actually see the positives

Absolutely unbelievable. Enquest is not a popular share is it?? This article reaks of disdain, it is rather particularly bent on the downside. I think there must still be money on share price downward momentum
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https://www.investorschronicle.co.uk/tips-ideas/2019/03/22/enquest-finance-costs-soar/

Wow even the Chronic Investor has us 'Under Review' instead of 'sell now! They may as well put 'trying to save face'

After Cairn Energy raised doubts about the performance of the Kraken oil field last week, EnQuest (ENQ) used its full-year numbers to defend its key asset. “FPSO [floating production, storage and offloading vessel] performance has been the main limiting factor in achieving Kraken's full production potential,” chief executive Amjad Bseisu told the market today. “As such, our clear operational priority is to improve Kraken's FPSO uptime and efficiency. We are working with the FPSO operator on a number of improvement initiatives.” Investors appear to have bought this, together with forecasts for production growth of 20 per cent to between 63,000 to 70,000 barrels of oil-equivalent per day, and have pushed the shares up by 14 per cent today. Under review.

And Hitman..... $80 oil .... and my dream MAY come true .... OMG! lol....
https://www.energyvoice.com/uncategorized/195379/north-sea-could-hold-further-discoveries-to-extend-lifespan-says-enquest-boss/

By Enquests prospects for the next year, especially my dream the other week of them finding loads of new oil accumulations. It would have been more helpful had it been PanR which really does need the luck of the gods atm. Now, no financial crisis please, no Trumpton tweets and all will be awesome...

https://oilprice.com/Energy/Energy-General/US-Canadian-Rig-Count-Plunges-As-Oil-Retreats.html

Really wish I had sold the other half of shares at this price.

Thanks for that Rabito79

Thanks Jiff. I am surprised they have not mentioned the sidetrack at all.

Have we got any latest figures of production from VOS# ?

Ive also got the timeline for the VOB#1 sidetrack being completed at the same time as the Alkaid flow tests. I guess 'if successful' this could offset the no doubt massive decline on event of failure (or any kind of ambiguity) from the Alkaid

also - this
The shallow Ugnu formation been interpreted by multiple, independent analysis as oil bearing with a very large oil column and
needs testing.

I notice it says - 'Logs indicate oil play, shows not conclusive, need test at Ugnu and West Sac zones. What does this mean exactly, those with knowledge?