Member Info for Goldigler

If AK is currently producing 50k bpd, HK needs to hook up pretty soon and take off 600,000 bbl load. Otherwise she'll be overflowing.

Assuming hook up in the next day or so, AK is pumping 50k bpd now :-))

Hi MO; According to my calcs. HK with 11m draught would be 500k and 17m would be 1m bbls (can always dream). Ballast regime for a tanker this size might be different to the little un's.

Market is waking up, finally ENQ well underpriced 40-60p would be more like it imo

Close over 30p on Friday was bullish, close over 31p today could mean a bit of a re-rate

Alba gives us 8% of 11,374 in January, so an additional 910 bpd. So group total is currently just over 60,000 bpd @ $72/bbl = $4.32m /day income

yes, I missed Alba, so even better numbers :-))

January production is 50,413 + 8,690 Malaysia gives current group production of 59,103 bpd. (looks better than 12 month average) AK currently producing around 41k (25k to ENQ) soon to be 50k (35k to ENQ) so group production will be 69k bpd very shortly, well ahead of last update projection for this year. Even with down time should still easily be around 65k bpd.

Morning MO, Being pedantic ;-) according to ENQ web site working interest at West Don is 63.45% not 78.6%

AS at 11.9m draught, I make that 490,648 bbls, so rounded up to 500,000 bbls

Come on ENQ, poo over $72.50 and you’re dawdling along

$70++ on the way

Poo on the way up now, so not att gloom and doom

Beyond 2018, the Group has significant potential within the existing portfolio, in particular at Magnus and PM8/Seligi, but also with potential future developments at Kraken, positioning EnQuest to deliver long-term sustainable growth.

Field Dec 17 Jan 18 Change ALMA 776 1,149 373 BROOM 1,559 1,692 133 CONRIE 119 35 -83 CRATHES 694 1,662 968 DEVERON 2,739 2,755 16 DON SOUTH WEST 1,878 1,975 96 GADWALL 208 398 190 GALIA 224 310 86 GOOSANDER 181 763 582 GROUSE 184 754 570 HEATHER 2,269 2,027 -242 KITTIWAKE 0 0 0 Kraken 11,291 18,516 7,225 Kraken North 3,653 6,737 3,084 Magnus 3,575 3,628 53 Magnus South 0 0 0 MALLARD 350 860 510 SCOLTY 0 0 0 THISTLE 5,324 4,952 -372 WEST DON 746 895 149 YTHAN 1,159 1,096 -63 PM8 / SELIGI 7,500 7,500 0 Tanjong Baram 1,190 1,190 0 Group total 45,619 58,894 13,276 �Production performance in January and February was strong and the Group expects a material increase in production in 2018. This growth, combined with a focus on cost control and a substantially reduced cash capital expenditure programme, should see the Group generate increased cash flow, enabling it to manage its liquidity and reduce debt.

-4617m vs +1400m, oil on the way back up

Inventories at 3.30, hopefully that will give oil and ENQ a boost

Maybe wil do, oil seems to be on the way up again

I figure that this is as low as she’ll go, onwards and upwards from here. Time to fill yr boots :-)). (Ramp intended)

Yes, seems NB was still carrying a load of ballast