Member Info for Krakenoil

BTF - Stop crying FFS ! We are all flat out on my industrial estate, My brother is a structural engineer and usually his work load drops off with any sign of looming recession, its not dropped off, in fact it the other way round !
I suggest you Stop watching the BBC and go outside into the real world and open your eyes.
I need more guys on the shop floor and I can't get anyone - Thats our only problem now !
Have you bought back in ?

Well I bet some of the big funds must now have been given the green light to add Enquest to their portfolio’s now.
We are cheap with up and coming good returns.
We are now a screaming buy !
You couldn’t ask for a better investment

Risk removed !
Well nothing left to hold us back now.
A few more upgrades to follow.
Our next update will be a good read.

Crude +7.05M
Gasoline +2.0M
Cushing -0.750M
Distillates -4.56M
That’s with 7.7m SPR release

We should get the RNS tomorrow morning confirming the news
Nothing holding us back now if restrictions have been removed

10% swings each week is a joke, All the big traders must know what way to put their money on before it moves.
Only 2 days ago Brent was almost back to 100 and now about to drop back into the 80's

Debt looks too high in these current markets, If production falls further then the debt will be to difficult to manage.
Capricorn have run away, with good reason no doubt !
Risk looks to high now - Take your money while you still have a chance

Mine turned grey then fell out !

Let’s hope we pay that off quickly if it’s that high.

BTF your so full of Shat - change the record ffs

Doesn't look to good does it !

Tullow Oil PLC on Thursday said it intends to terminate its co-operation deal with Capricorn Energy PLC, after Capricorn proposed a merger with NewMed Energy Ltd....

I wonder where that leaves JS ? Lets hope he stays on with us.

Just raised their oil price forecast.
https://www.rigzone.com/news/goldman_sachs_labels_opec_cuts_surprisingly_bullish-11-oct-2022-170673-article/

With the refinancing I wonder if it will actually have restrictions on overpayments ? If I was loaning the money and earning a nice yearly interest from it I wouldn’t want it paid back early.

Like I said last week next years AGM will certainly be a good one to attend, I won't be rushing off this time, A few half's (Shandy) afterwards lol

They can borrow one of our fork lifts if needed :-D

Get this away without shareholder restrictions will be massive.

Only 12 weeks until we lock in our best ever year to date. That will have killed off the risk that's been hanging over us for the past 7 years.
Moody's Upgraded new notes to B3 this morning, can't read the rest of it as not a member.

Most have made record profits during the past 2 years but now most sitting on their hands and having time off, some taking 3 month holidays !, Extremely Interesting listening over a few pints on Saturday eve, If the public knew what's been going on in the background there would probably be riots, the amount of money being made was off the scale. With the commissions being paid to traders etc its no wonder houses, super cars, watches bla bla went shooting up due to massive demand.
I now realise why oil prices have seen huge volatility ! - If only we had the information they have all enjoyed.

$60m of FCF pouring into the bank account each month can't and wont be ignored for to much longer.