Member Info for January2

NO Repairer (KO)
Not sub 12p, I am still with a 12.5p - 12.75p close. OR I'll kiss Spindok !

Yep Shax,
If this baby was a girl, she would be a heart stopper !
Unlike my wife , who is just high maintainance !

Hi Maverick,
Agree, but I think they will keep grabbing shares until the last few minutes !
I don't think we will get 13p,
My guess is 12.50 - 12.75p close

Yep they want shares.
POO going higher by the minute and we are going the other way, now -6.92%.
A share flush on a Friday, IMO.

The MM's are dropping the SP to trigger a few "stops" before the weekend. Looks to me like they are trying to collect some shares ! To me that's a good sign for next week, maybe another leg up !
No other reason for a plus 6% drop (now -6.77%) before the close. Based on NO negative news !

SP - She's having a wee rest. .
Next push up to and over15p next week.
Love to all
JAN

Riskingit,
About the 500.
I think you will find there was no "k".
Just 500.
Apparently his "todger" is 1 metre long and bends around like a horse shoe !

Ammu,
It's OK to buy and sell shares, it's called trading.
it's NOT OK to be 2 faced ( Ramp then de-ramp) that's called being a "Dicck".

Maybe post what you really think or don't bother posting. This silly games you play just ensures you have NO credibility with other investors. - STOP it !

Brent trying to go $48, keeps flicking from 47.99 to 47.98 lol
It is going to clear $48 very soon. Maybe hitman's $50 by the end of the week . lol

Hitman,
You were calling $50 POO before year end some time ago. Looks like you are going to be right !
Maybe before this month is finished. -

Auson,
Good point -
The high level of "shorts" on PMO and TLW would give them a turbo boost as they exit ! Clearly this has happened.

Ops update - Net debt has actually increased by 37m so far.
We do not have good hedging in place for 2020 so we grind up, while PMO and TLW rocket due to much better hedging prices. We need $50 oil min to assure the market that our debt is falling. Expect our SP to boost and re-rate at $50. We are playing catch up due to our Oil price realised in 2020. However 2021 will be alot different. This is a great Oil play !

How you snared the wife ?
Maybe with the phrase,
"it is bring a bottle"..

Update as expected. Production within guidance level . Some fcf generated 95m, is good going in these covid times. US shale will be very jealous. No need for any cash calls happyinvestor . We have survived the rout and will do very well next year. Watch the debt fall in 21.
All the best
JAN

Mrc Mrc Mrd - I think this person used to be the old "Mr D" from the PMO board, who I believe got banned a while back !
Yes the tone replicates the MrD of old.
Welcome back MrD - are you trying to get banned again ?

Dodger,
10.8 or 11.7 = bugger all difference IF you believe it's going up by a fair chunk in the coming weeks.
However my glass is always half full and looking positive,.
If you look back in the SP history, you will see that Enquest loves January.
High this year 30p in January. and previous years highs !

Not just the Balls, laidback.
I think you will find it's the "Whole Lunchbox".

RNS - Next Week , then ?

Hitman,
Great Post,
Here's One to Ponder.-
US production has fallen from 13m bpd down to 10m bpd , which is -30%. And it is going to fall further !
The US accounted for 13% of the World's Oil production.
The world was producing 100m bpd with demand around the same for 2019.
The US can't be the only producer to have production declines. Other countries must have high cost wells too, that no longer produce and are shut-In ! Indeed little old Enquest has stopped production on our costly late life wells.
Imagine if the world production followed the US production decline of 30% (although the US decline is still growing)
NO - Lets be more realistic and just use a 20% world decline, which equals a new world production of just 80m bpd.
When World Demand comes back to 100m bpd in 2022 WE HAVE A PROBLEM
Result = World Short-Fall of OIL = a massive 20m bpd - $100+ oil
It is possible in 2022

Excellent post romaron,
Very funny !
I do hope that our Sweedish friends see the funny side. I wonder if they can find an equally funny video about the English ?
Nah, I doubt it ! We are just to cool !

Looking how the dates fall. Knowing that Enquest seem to like Thursdays as a release date. I guess that there is a slim chance we could get an RNS this Thursday 19th. However favourite has got to be next week sometime !