Member Info for Dol03

Hi Whiteace, yes, this is my concern. Everybody seems in agreement with the OPEC pact so I see that underpinning prices for a short while until the inventory data time. I think a build could spark a bigger fall this time as much of the oil price has been underpinned with geopolitical concerns. I actually (unbelievably) see where Trump was coming from with the artificially inflated prices. In a way he is right but it is all manipulation anyway, I wouldnt be surpirised in the least if both OPEC and Trump were working together to control prices. If so, this price rise recently may be too much to soon and we are due a pull back.

Are reconsidering the oil cuts as well. I am a little uneasy. Oil went up at least a couple of dollars because of bombing Syria, when the �fear� passes, what happens then? It has gone up a little too far on hot air for my liking. We need a big inventory draw next week or good news from Enquest to keep momentum.

Love .... and some good news. I'll be happy with the later seeing as I have the former. Ahhhhhh..... :)

Interesting info romaron. I quite agree about the postings. I don�t have a great deal of knowledge of the oil and gas sector and markets but I learn all the time. You often wonder if the posters with the alternative views to each other are the same person as the continuous fuel they give to each other is irrational based on the fact they don�t like the others response!

There is no where to hide on the BB's recently in oil and gas. I am thinking this behaviour could highlight some highly stressed individuals and there is a possibility that this MAY be a very good signal. Or..... it could mean f all LOL

Malcy was hinting at next week for a more rosy RNS. I am thinking it could be farm in or further news on the well possibility of VOB#5

http://bangaloreweekly.com/2018-04-12-enquest-plc-enq-given-speculative-buy-rating-at-gmp-securities/

Unblocked? Wax content? Wtf are you talking about, the well was tracked into an aquifer! As in my last question �Does anyone know if the well can be plugged if the water if �bottom ingress�. At least if you are trying to ramp get it right!

Is it true that the well can be plugged back if the water ingress is �bottom water�. Does anyone have insight?

Think they have all gone now. Very informative and I now understand the true potential here. We just need to get some revenue going in the next few months and things will look a lot rosier to progress with new wells

I am thinking, the oil price can not keep bouncing around this level. I said before that I was hoping that coiled spike would be up (obviously) but feared downward. This maybe it. Last chance salon. Bit dramatical? Then we may now see our zoom. Fingers well and truly 🤞 Solg is keeping my chin up atm. Come on Enquest!!

Let�s hope so Chilts, could do with a bit of luck now. Could do with this at 40, where it should be!

It was about 1/2 million a month. Then they needed repairs so according to CEO, few tweaks and 800 thou a month. There was a receipt for sales posted on ADVFN

Well GL in your ventures ...

One of the other companies I invest in has a debt of 2 billion!

No, but we do know its not the top! The company has money, revenue and prospects. I am not knocking him just wondering why now, near the bottom??

Well, I think they have already found them, bring on the tweaking and 800,000 a month revenue. Can�t be bad MO! It is that little rat �sentiment� that we need to outwit. How do we do that now? Ah yes, we have to wait .... yawn. End of summer it is then :)

WHY would you leave now??? The share price WILL rise. I remember about hmmmmm well over 10 years ago when I first had a spell of share dealing, there was a bit of a crash and shares fell precipitously, well mine did. I did the same, jumped out. It was a really silly thing to do as they almost always go back up sometimes not as quick as they have gone down but you must wait. Your impatience and fear are your enemy. It is a lesson to learn for the future because all good AIM companies go through these periods. I never went back to share dealing until now, older and wiser.

Yeah, not great but have experienced exactly the same thing here with monumentous fall of share price and finally taking a profit .......then loosing a little now. Am really optimistic but will be bored again for a good few months!

No MO, don�t think it�s weird at all. What with all the issues both camps have had to deal with ,nothing amazes me! Think they had a little water in other wells but more than they were expecting at Vob#5. It doesn�t bother me, little set back, they have such massive areas to drill. By the process of elimination and a little tweaking here and there, the mother load will arrive :)