Member Info for Doubler

Did we not go from 80 to 100?

A heads up: Enquest's FPSO in the North Sea heading to location. If it's anything like IAE they should jump when on location.

Plus the are supplying two vessels now.

Vlad, Your post is very accurate.

Vlad, Your post is very accurate.

Early January has past. You were a bad boy and Santa knows these things. However my elves tell me things are going well and it may be this month. Bit full production in months.

Strength of the dollar?

I have heard the delay rumour as well, but it is just a rumour at this stage. An RNS would be appreciated however to clarify the situation. Ultimately the SP will reach the same heights even if it means a month or two delay so I am happy to wait. These delays are common on new projects where equipment and process needs to commissioned. Hoping for a great year in oil stocks. Happy New Year.

Thanks Somekindofnut for clearing that up, I had in my head 25k but happy it is more. Keppel yard is shocking in my experience.

The FPF1 has a maximum capacity I believe around 25k a day. They are also producing over 9k a day from other fields.

BfromL, You are spot on. The JB issue is taking a long time and other issues have arisen, although not major. Commissioning cannot start without hydrocarbons in the system so this may find other issues not identified yet. The accommodation vessel is not ideal due to weather and the bridge may be closed for weeks on end. Vlad, You are also spot on. First oil and full production are months away but when it happens I am confident in £1.50+ by Spring. We all just need to be patient. Have a great New Year when it comes.

And if we do how low do you estimate ?

Mostyn, Your posts are fine don't worry. We need a balance to BB ramping, which is also fine. We should all try and not get personal though. £1.50+ for sure but I would not expect it very soon. As a long term holder I have also held on through the ups and downs.

I am enjoying the Enquest debate: always on the lookout for alternative investments, and Faroe.

Vlad, the jump in SP is great but the reason unknown to us punters. Perhaps a deal is on the go! Stella MAY be delayed a little but the prize is there waiting for us.

Good call on Faroe, I am familiar with them! Am I too late for them?

Let's see when they deliver first oil!

Vlad, Going slowly. Would not hold your breath.

I don't know what shipyard the Kraken rig came out of but I have taken two new rigs out of Keppel Fels yard and the workmanship was shocking. They basically win their work with a fixed price and you get what you get. I doubt Poland is much better but who knows.

Spent a few Xmas's offshore, the food is normally okay. Let's hope Santa can still fly.