Member Info for Krakenoil

QFO - You have never owned any shares here, you have trolled this board since your first post. If there is far better stocks to own why are you still here ?
laughable !

Imports were up by 2m bpd and exports were down 2m bpd, that’s a massive positive for oil prices

Its also backed up due to the heavy snow they had covering most of the country for over a week. Next week we'll most likely see a sizable draw

https://www.ft.com/content/55e3c21f-9421-4e91-b8b6-c0ed8ed3a876

We just need oil price to break the downward trend its currently stuck in and we will see a nice move up again. I reckon we still have a few weeks left of the doom and gloom and then the media will spin it around to a supply shortage again.
We need a good set of results with the announcement of shareholder returns for this year.
Surely 40p plus will at some point greet us this year.
Flight numbers have almost returned to pre Covid levels.

ENERGY VOICE
“Harbour Energy gets approval for $3.3bn Tuna oil and gas project in Indonesia”:

“The Indonesian government has approved a plan of development for Harbour Energy’s (LON:HBR) Tuna oil and gas project that includes $3.315 billion worth of cost recovery. Significantly, Indonesia sees the development as a way to assert its sovereign rights in a maritime area also claimed by China.”

https://www.energyvoice.com/oilandgas/473506/harbour-energy-gets-approval-for-3-3bn-tuna-oil-and-gas-project-in-indonesia/

If I was in AB's position, I'd take the company private and Invoice the company from one of his other companies for Opex works making sure there wasn't much profit left for the government to rob, In fact play them at their own game and use a off sure company and Pay next to frack all TAX.

R - I’ve got over the frustrations that was driving me nuts.
It’s just one hurdle after another. At some point in the future it will be our turn for a run of good luck. The ball can’t keep landing on Black.

R - You sound like you’ve given up hope

Yes sell it to us

Go woke go Broke ! Both the conservatives and Labour May as well join forces as both sing off the same sheet now.
This is a perfect time for a new party to form. We need it now

Add to that if the oil price drops and you end up making a loss, the FCF that you would have saved to support those times is no longer there(Stolen) and if you require support from the government you can expect the middle finger stuck up in your face.
We desperately need a new Party with common sense and from a working background to run in 2 years time

I believe the government will back tract on the WFT over the coming 6 months, I think they will revert back to the original 25% with a floor, pressure is building on Hunt and Sunak over it causing the demise of our North sea

If Equinor decide not to move forward with Bressay they will most likely sell their remaining stake in the field to someone else who will. Someone like EnQuest lol

So what’s that got to do with EnQuest ?

A mixture of buy backs and a small Dividend, Bring this stock back to life !
Looking forward to this years AGM - Should be a celebration this time

Good to see you back in Hitman

I see Next (The retailer) had a bumper end to the year boosting its profit guidance by £20m to £860m
What a windfall they've had due due to buying cheap surplus stock at 60% discount due to Covid.
Come on HUNT slap a WFT on them as well !

Our energy security should be at the top of our governments agenda not wrecking it.
Its just Mental !
I'm just waiting for the first UK oil company to step forward and take legal action against this government and when are we going to see layoffs start happening in the North sea and people kicking off over losing their jobs.

R - The only question I need answers to is why AB is still buying stock ? He obviously still thinks ENQ is he best bet. He could be investing his hard earned in any other company or sector but still he chooses us. Why ?