Member Info for Krakenoil

Very proud of our Great Britain today.
England, Scotland, Wales and Ireland coming together as one.
We must stick together

The media are out of control nowadays, the utter ****e they make up and publish needs reeling in.

Bored of this doom and gloom now.
Now they are saying Brent may possibly fall back to $50 next year lol

Oil has been in a negative band since the beginning of June and I think that why we haven't seen any positivity on the buying side of the stock.
Winter is on the way and the SPR propping up the market will end shortly so we should see a change of direction.
Limbo time is a buyers market that's for sure.
We are still making monster profits and that's what matters the most
Fill ya boots Spin there ain't much time

Fundamentals / Valuations always balance in the end, just look at ITM. How over valued was that, still is !
We are on the other side of that currently, Our current fair value should be around £1.2b , Patience is key.
Its coming !

Manipulation!
Unless the oil price is about to tank

I've done 2 full re-paints this week already, Both old classics so used Solvent paint, using up another load of oil.
It all helps lol

Got to be in it to win it !
Spin the wheel of fortune

lol
I'm not the best at picking the best time to buy so don't ask me for advice but I consider us way undervalued currently and I'm waiting patiently a 60p party.

I'll be more than happy with large shareholder returns over the next 5 years
More than one way to skin a cat

Lets not forget that Enquest has outperformed both Tullow and HBR (PMO) every year for the past 5 years.
Pound for Pound we have proven to be the best fighter out there.
Our time to shine is close, like I've said on many occasions get this years money banked and we have well and truly removed our biggest risk.

Strange old day.
EnQuest usually falls before the oil price somehow, Its like someone knows where old prices will go a few hours before it does.

100% club - I’m in there with ya !

Hi MRC can you copy and paste it for us please

Next mile stone will be breaking into the 40's, Last time we were there was Jan - Feb 2017.

Opec - Output is 3.61 mil b/d below target, most in OPEC+ history
That’s the problem!

Afternoon Tarmak, The other thing to take into account is we have quite good experience when it comes to heavy oil extraction after all the problems with K, I'm sure AB and the team are confident with their plans to take the field into production. It will secure our future for at least 12 years from first oil

In the past he used different oil prices to calculate his target for Enquest compared to his targets for other mid cap oillies during the same period. So I do think he has a problem with Enquest or AB
I have complained to Barclays’s in the past over it. Fell on deaf ears

JPMorgan raises EnQuest energy price target to 47 (42) pence - 'overweight'

Its not just the US releasing oil from reserves is it, back In March 30 countries agreed to start releasing oil.
So how many barrels will start to disappear on supply side as we go into Q4 ?
Opec supply was short of targets again last week