Member Info for Elitesky

What a selloff. -8% in canada.

1) No. No extra royalties. 2) Most probably but depending on brent. 3) If war stops oil will probably as you say settle at 80-100$ , imagine what needs to be repaired now, regarding buildings roads, oil and other infrastructure in the entire region, and oil glut has totally fallen apart, oil will be high for the foreseeable future 4) Erosion control project is a huge concern, to be frank this looked very amateuresk, hiring a company paying them for the project and now firing them for not meeting their obligation, and what comes next?

Mmmm overall positive Q4, 15kboepd, and water handling capacity increasing probably to end year. Also they could elaborate on that costless collar, usually there is an interval, a floor and a ceiling, but then a roof as well previously (?) didnt they opt for this method?

Nah. That would be done during the daily trade, not during the closing call. There is just no way a normal stop loss or a normal margin call would be sold like that. Zero chance. Zero.

Nice bank manipulation at the end, -13% in the closing call. Some speculated that i was a margin call. I can answer : no, its only bank manipulation.

Yes but they also have the kept dividend from Q4 last year, and now from Q1 this year and they have done optimizations to their cost structure (reduced cost by alot, i guess even haircuts to salaries), and oil went up dramatically. What they should be doing exactly now is buyback shares ALOT not the lame PSU-repurchases from the past, and, repay debts so everything is on solid basis with less expenses, and, complete the water handling capacity expansion and erosion control project. With >100$ this could all be finished within a few months. And somehow i liked their original idea, to buy a rig and drill themselves with the ground crew. Didnt they already pay for a rig?

Thanks for your answer, i know 400 barrels is not much. But if they have ability and the field has the barrels for a ramp up at Los Angeles, the blend could fetch the Bretana field barrels a way better price.

Nor can i see a reason for retrace, but the banks love to manipulate the stock price to get the weak hands to get out. This i believe was a classic shakeout.

Forecasts can easily change. And i think they will - to the upside. I agree with Sturm that share buybacks are needed, but i see an urgency for this to happen, should be buying like crazy right now. Petrotal could easily both buyback and also give a small dividend and pay full capex aswell. Oil price of 85+ together with cost cuts would support it without any issues.

Yes but does this small fish have anything substantial to give if given CAPEX? I mean 400 barrels is really a tiny amount. Do you think this could be expanded significantly to lets say 3000-5000, i.e does the field have the barrels for this?

Hi Sturm, thanks for your posts, they are really precise. Have you dived deeper into the LA field? What do you think of it? Does it have potential? Regards, ES

I told you NOT to answer my posts you analphabetic idiot poobrain. Your IQ is under my shoe size. Horrible. THE WEBCAST DISCUSSES THE SHUTINS idiot.

Stop answering to my posts Andy. If you are ret, go be a ret but leave me out of it. Last presentation from January this year clearly stated that there are shut in wells due to water constraint.

Should be way more. The company also promised to cut costs. With wells shut in, the CAPEX is much lower than previously with less wells to maintain.

I do not think dividends are going to get back to 18.8 % in near term. Perhaps if oil goes to 100$ they are to be fully reinstated.

But if oil lingers at $60-65 i dont think there will be any dividends at all, and if oil goes up modestly like to $75 i think max 9 % (approx half the dividends of last year) at best.

I got it from the presentation 2025 Q3. Exactly at 17:43, the answer to the question regarding share buyback is given. "We will continue to evaluate". Ill translate this to someone with a bleaker intellect. It means that there are possibilities for share buybacks should the share price be very favorable.

They havent cancelled share holder returns, they cancelled the dividends. Share buybacks would be a topic for monitoring was clearly said by Camilo in latest presentation. I hope they repurchase some millions now when its cheap.

Perhaps share buyback and dividends could help the sentiment. Why just not prioritize shareholders once, instead of paying extorbant taxes? Lower salaries and pay dividends.

You got UK politicians in UK, british people cast their vote on them, and they will make Britain just an island with 60 million poor people without enough food as predicted. A terrible progress for such a nice country. I was living in oxford in the mid 90-ties.

Its a downward pressure in Sweden, due to Avanza and perhaps other banks, cutting EnQuest from marginborrowing completely.

Yeah what did i say yesterday. Cheap algo-garbage.