Member Info for Krakenoil

Don't hold your breath for the chancellor to re think his stance towards oil and gas producers next week, he's more likely to hit them even harder the idiot.
I think we are going to have to see massive job cuts and more oillies exiting the North sea before he has to back down. I think he would rather cut his own arm off rather than have egg on his face.

We ain't going anywhere until the 15th when Hunt announces his Socialist spring budget
I can't see him backing down on the WFT - He will defend it and most likely attack the Majors even harder.
He wont give a shi t that his actions are killing off our North sea energy security along with a largepart of pension fund income.

I can't see R is going to put on a skirt, low cut top, grow is hair long into a matted mess and go without showering for a week or two. Its a quite a task to turn into a complete filthy brainwashed C#NT.
Some of those people could produce there own oil production from the state of their hair.
Lets hope he doesn't suffer the same brainwashing the rest have.
Good luck R we await your outburst on BBC 1

Well he has been right on most occasions and I hope he's right again.
I'll be a lot happier once we see 30p again.
If Hunt backs down over the WFT slightly we should see 30p quickly but if he takes even more then we and the rest of the North sea are finished along with thousands of Jobs.
I don't think he will back down one bit, he seemed to find it satisfying taking on Linda Cook from Harbour during the meeting a few months ago when she stormed out.

Didn’t he raise us to 32p from 20p on the 13th January?

https://bbc.in/2Ufy8Jf

This is when buy backs would be working perfectly for us shareholders, buying as much cheap stock as possible in a negative market. We could have bought back around 50 - 75 million shares over the past 3 months with just £15m

Where’s our main man ? He’s gone awol

Stevo Just a query why you are classing the lease as a (debt), surely the lease is part of operating costs, the leases on my plant and the lease of the buildings is classed as a overhead not debt.

You also need to add in the value of the other assets the company owns
Such as plant, the EP, buildings, Cash in the bank etc.

Morning Stevo, I would have to question that as to why the analysts are valuing the company much higher, even James’s at Barclays increased his valuation on the company to 30p.
So they what are they seeing differently?

What's going on today ?

Where's our Buy Back programme ?
When do we want it ?
NOW !

I wonder how the government will respond to the news of Shell considering exiting the UK due to the hostility.
I bet BP won't be to far behind

I see he's on twitter trying to ramp this turd of a company again. As if people will listen to him again lol

Jesus- Just had our best ever year and you’re talking about equity raising lol
That won’t be accepted be shareholders now, we want returns on the last lot of cash we put in. Get the damned SP over 40p with dividends going before spending our money again

I think a £50m buy back program would easily push the SP towards 40p as the free float is tiny, volume is very low so the ask would have to be significantly higher to attract sellers.

BTF and you think Labour will be any different? Look how Blair went from a net worth of £0.8m to £60m His wife worth in excess of £10m and his son worth £160m
Hmm I wonder.
The whole lot of them are corrupt.

Be nice to erase the losses from the update

Could do with finishing in the green today as well and hopefully when the oil price starts to move back up it will pull us up as well.