Member Info for Krakenoil

U.S. WILL SIMULTANEOUSLY PROVIDE EMERGENCY CRUDE OIL EXCHANGE OF 2 MLN BBLS TO MEET REFINERY NEEDS AFTER KEYSTONE PIPELINE SHUTDOWN - OFFICIAL

U.S. WILL PURCHASE 3 MLN BBLS OF OIL FOR SPR FOR DELIVERY IN FEBRUARY - SENIOR ENERGY DEPT OFFICIAL

Oil still stuck in the downward trend and doesn't look likely to break that until early next year as demand returns.
The oil sector must be the most nerve racking sector to invest in throughout the market.
Certainly toughens you up

We have a massive amount of small trades going through today, someone trying to push the price down.
Buy back would have kept this from happening!
As a shareholder I suggest we start with them now instead of waiting

Come on Mr bounce !

We still out performed the other mid cap oillies last year and no doubt we'll do the same this year.
Sunak will have to lower the WFT in the end or face losing TAX revenue from the oil and Gas sector as they move out.
What idiots they are

And another 2 lots of £5k, wouldn't let me buy above £10k

Oopps and another £25K

Another £25k worth in my PF

Buy backs wont stop unless the company fails to make a profit, Gas prices a huge and oil prices are fine.
Ticking along just nicely before a turnaround next year
Buy the dips

Who would have thought our SP would be 20p by Christmas. April we were 37p and looking strong, same company just making huge profit for the dirty robbing government.
Apparently making a profit in this country is very un PC

Buy the dips, Forget about all the nonsense going on at the moment and sit back and wait for the new year to kick in.
Hunt will get pressured into dropping the 10% he added to the WFT soon enough,
When people start losing there jobs in the North sea the media will be all over it and point the finger of blame straight at him. He knows full well it was a step too far putting our energy security at risk !

These moron's speak before actually thinking about anything. Can't they see they are wrecking our energy security, its worse than what Brown did with our Gold back in the 90's !

I've just asked the question of why we need to wait to get to 0.5 before shareholder returns are considered. We need a buy back programme now. Nothing stopping the board from changing their minds over it

He must be dragged over the coals for this idiotic action.
My God we have a bunch of lunatics running this country at the moment.

Mr HUNT has ruined us !

Bank of America cuts EnQuest to 'neutral' (buy) - price target 25 (50) pence

Looks like oil prices are going to sell off today with the early move from Enquest SP
Nothing wrong with EnQuest but it does take its toll on you, We need those buy backs to kick in asap - Come on Enquest ****** to the 0.5 PE Just start the buy backs !

Its coming

I sold £200k worth of stock straight after Hunt announcing the WFT raise to 35%, Bought £100k worth of HBR around 3.09p and more Enq around 23p, Jumped the gun a little but I was getting nervous keeping the powder dry as the reaction to Hunts announcement was brushed off, then oil prices dropped further.
Anyway its worked out ok and I've earned a few more shares than I before.

So you've been saying "No point holding UK oil stocks any longer" for the last month or so, You've been forecasting oil prices to slump for the past month or so, saying you are going to sell your 170k shares last month .................. But you've not sold any !!!!
And now your around £110k down from last month
Bit strange isn't it ?