Member Info for Krakenoil

And you call me a clown lol

A few long termers sold out and turned to the bitter side of de ramping lol

Watching that again this morning, I get the feeling Enquest will announce shareholder returns on the Half year update.
They give the impression that the EP will be used on one of our assets.
Bonds will be left as long as possible before refinancing is the aim.
AB seemed very relaxed bordering on being a little excited

Nothing ever changes does it.
Lost more than we gained on a great update - Why do We always lose ?

These bots are not giving in are they.

Hi pelle,
I’d like to see what the FCF figures are at the end of March
Probably add another $90m to the $132m

Would be nice if we could actually hold the gains we deserve.
someone manipulating the price again no doubt
Fingers crossed back to 31p this afternoon.
Buy the dips

We made $132million FCF in the first 2 months of the year and still people are selling out.

No wonder most people lose money on the stock market !

Down over 6% from mid day yesterday
We can't lose all of yesterdays reward surely !

Brent down $7 from yesterday mid morning is the issue, The volatility is ridiculous at the moment.
Anyway If the SP holds up around 30p today give us further lift to new yearly highs as oil prices rise back towards $120
Rinse and repeat

And that 132m of FCF was with January’s average Brent price of $83
March will be our largest FCF month to date

+6.5%, Not quite the 20% Jan was predicting but never the less its a green Update day. Not happened in a long time.
Onwards and upwards
Roll on 60p

Mrc - its about time too.

The proof is now in black and white.

Under promise and over deliver is the way forward for Enquest.
Chilting's post about Tullow and EnQuest merging is a real possibility.
Enquest could possibly make a bid for a buyout cancelling the hedging contracts in place at Tullow.

Its obvious that JS is no longer required by Enquest going forward, Tullow certainly needs all the help it can get, So its good news for Tullow as most of the board jumped ship a few years ago.

Our Market cap is still way under valued compared to our FCF figure. We should be valued around $1.5b at least.

Our 60p party is becoming a reality rather than the dream

And that's with January's Brent price averaging $83
March FCF will be huge.

You put the kiss of death on it Jan :-O

Look at Hitman deramping now he sold out at 26p lol

Enquest obviously don’t need him any longer and we have probably found a better replacement for him.
Net debt is tanking
Great update without the need of ramping
Dividend talk will come later in the year.