Member Info for Krakenoil

I didn’t read it correctly, to busy moaning lol

Why hasn’t this affected Tullow, HBR or BP, why only us ?

We need a statement from EnQuest to clarify how we are going to be affected.
After the past 7 years of just avoiding bankruptcy we have been thrown head first back in the shat.
FFS when will our luck ever change

It seems that it’s just EnQuest that’s getting hammered at the moment ffs
Why is it always us ?

Well the government has ended any hope of Dividend payments to us poor shareholder.
This is probably why our AGM was postponed.
EnQuest may well have had the heads up on this and is now moving towards plan E
Obviously our debt repayments are pre TAXable and after investment we probably won’t have much profit to TAX anyway.

The government just signed our death warrant

Tullow laughing their socks off

Well that’s it !
7 years of heavy losses to be TAXed to death by this vile government.
We can now safely say the 60p party if cancelled
C@nts the lot of em

Windfall Tax
So any company making a profit could be charged a windfall Tax
WTF is going on within this terrible country?
Unless your Google, Amazon, Starbucks bla bla
Shysters the lot of them

Another 1p + fall from the days high.
Its obvious someone is playing our yo-yoing SP .

The SP is reflecting that we are not out of the woods, in fact far from it ! We need another 12 months of $100 oil to relieve us from the debt grip that we've been stuck in for the past 7 years.
We won't see any real moves until we have crossed over into a position of safety.
Oil stocks = Stress

Another rut
When will the market finally give in and reward Enquest?

7% down from this mornings high.
What a joke !

Bet we end up in the red ffs

Typical idiots selling on news.
Allows the boys to drive the price down as usual

Let’s see how the market reacts
New yearly highs coming today is my view

Short and sweet, nothing to moan about and on target with high oil prices.
What’s to moan about ?

Another huge draw API report
Crude -2.445MM
Gasoline -5.102MM
Cushing -3.071MM
Distillates +1.075MM

EnQuest clearing out the old dead wood
Not a bad thing

Looking for that one stock that produces more yearly FCF than its current market cap is like a needle in a hat stack
Be like winning the lottery!
Hmm just where would you start looking?