Member Info for Frac

Https://www.dutchnews.nl/2026/04/second-north-sea-gas-well-takes-production-to-1-billion-m3/

Https://www.telegraph.co.uk/business/2026/04/07/cheap-north-sea-gas-saves-britain-billions-of-pounds-a-year/

Has managed to rewrite David and Goliath with Iran look ing more like David with his slingshot called Hormuz! Stoneages indeed as chipmakers ponder : https://www.newsweek.com/america-has-a-helium-problem-11768757

K ,Labour Focus groups will be making Starmer twitch ……. The day of reckoning is coming ( night of the long knives with Starmer holding the blade imho)

A majority of Labour voters back North Sea oil drilling, according to new polling that challenges Ed Miliband’s opposition to expanding domestic production.

The survey, commissioned by Looking for Growth, found 57% of all voters support drilling, compared to 15% opposed.

Among Labour voters, support stands at 51% versus 21% against, with 22% neutral and 5% undecided. Even among Green Party supporters, backing for drilling narrowly outweighs opposition (38% to 33%), while support exceeds 70% among Conservative and Reform voters.

M of course the contrary could happen ! Labour trounced in May and Starmer vows to put it right and sacks the cabinet laggards including Milliband and moves to the popular vote ! The left will fail at a GE so Starmer is their best hope ( the party just doesn't see it )

So whilst David Milliband spoke with gravitas and thought this morning from a risky Beirut Airport he must have had a thought for Ed stone who’s under fire as AI seems to have given him a sick note ( fit note my A**)

Criticism of "Ignoring" Economic Reality: Critics argued that his focus on rapid decarbonization during an energy supply shock was unrealistic and threatened to drive up energy bills and decrease national energy security, leading to labels of "Carbon Derangement Syndrome".

Of any relationship ! Don’t S£1T on your own doorstep!

US President Donald Trump lashes out at the UK and other countries, telling them to "go get your own oil" from the Strait of Hormuz

Gr8 post R and yes we must look to the future just like ABs been doing over the dark years of hunt and Millibean! Diversifying I. Asia has increased possible sah flow and bought time to refinance whilst the NS stranglehold holed his original plans under the plimsole line! AB a consummate forward thinker , not an accountant but an entrepreneur! Circumstances have changed and likely there’s going to be a 60p party some time this decade ! I’ll be there

Has woken up his supporting cohort to fight his corner ! Also known as a terrible reworked hash from the Guardian and Tessa

https://www.theguardian.com/business/2026/mar/28/north-sea-oil-gas-licences-conservatives

Of all the animals, man is the only one that is cruel. He is the only one that inflicts pain for the pleasure of doing it. It is just like man's vanity and impertinence to call an animal dumb because it is dumb to his dull perceptions.

So I wonder if Trump scuttled off today ( without his usual discourse of fantasy) to read up on Mark Twain ? I fear not !

Seems he’s retreated as a wounded bear to brood! Problem is IRAN are a nation of wounded bears just coming out of Hibernation!!! There’s trouble ahead !!

Think they used AI !

BBC: The boss of Asda, the UK's second largest fuel retailer, on Friday said the conflict was affecting fuel supplies in some locations.

Executive chairman Allan Leighton said a small number of individual petrol pumps on its forecourts had been left temporarily out of use following bumper demand as a result of the recent price volatility.

L, carry on scaring them !! It’s the only way the government will listen when voter anger gets them listening ! Get a few Q’s outside some London petrol stations with a bit of panic for the bbc to wallow in !! Will have Reeves talking to oil companies just like that!

Ps , be interesting to know what average oil price JPM used in their downgrade?

Oil Shortages Start to Emerge

As of March 20, more than 130 million barrels of crude were already lost from the Middle East, and cumulative disruptions could exceed 250 million barrels by the end of March, 400 million barrels by the middle of April, and 600 million barrels by the end of April if flows don’t resume, Kpler said in a note on Friday.

Building but starmer isn't listening https://www.telegraph.co.uk/business/2026/03/26/miliband-urged-to-back-shetland-gas-fields/

R something else from PMQs , Kimi was questioning his competence ! All set up but imagine an April / May petrol shortage ( shell) Then the question is why didn’t the government support Ineos and keep Grangemouth open for (home grown petrol refining) ! Pressure is building and something’s going to blow ! Just as an aside had to laugh yesterday when Trump noted it was ‘Pete’ Hesketh who was first up for the war after trump

Phoned loads of people . Aye right deflection incoming

Accountingly based that should read . I’m sure there’s nowt wrong with Stevos acoustics

S, likely as Stevo’s an acoustical bias toward backwarded facts ( A snapshot of realism)and brokers are there to present the Future Pathway ( A story of tomorrow) mind all imho and only Centient Stevo can account for himself .

Dumbly , that exactly what he’s saying ! Rachael I’ll not invest until you sort out the EPL ! Starmer trotted out Millibands Mantra @ PMQ’s today after kimi highlighted he was a puppet of Milliband ! May will see Labour crater , Starmer not resign but finally throw in the towel over keeping Milliband onside ( can’t get any worse ) so he’ll suddenly turn populist and chase votes imho

Excellent appraisal Stevo : mind think some professionals see a slightly different take : As of March 25, 2026, Cavendish maintains a high-conviction Buy rating on EnQuest PLC (ENQ) with a price target of 41p.

Cavendish Target Summary

Price Target: 41p.

Previous Target: 26p (set upon initiating coverage in February 2026).

Implied Upside: Approximately 138% based on a recent share price of ~17.2p.

Rationale: Cavendish argues the stock is "all-time" cheap, citing strong balance-sheet repair, sustainable free cash flow, and a newly established dividend.