Member Info for Krakenoil

Mrc don't you think we could use the modified EP and connect to the drilled wells they used for testing, they produced daily rates of 3k each over a 12week period if my memory is correct.
Surly at current oil prices 5k daily production from Bentley would be commercially viable and then slowly increase the number of risers to the FPSO, Its a option I'm sure ?

Spot prices now negative.

Only another $1.5 drop and the gap is filled. $10 drop from 6 am lol
These traders are making some serious money trading these huge swings

That's a massive kick in teeth from the German's - Basically Fu*k you to Ukraine your on your own.
Lets hope Germany ain't next

Avanza working hard today then !

Germany opposes the push to block Russian oil and Gas imports
That's nice of them
The Germans are filth - I bet the US follow as well

I would have thought we would have seen a better SP move that a measly 3% with Brent up more than $9 from close Friday.
Its only a matter of time, maybe we'll hit 30 when Brent hits $200

Are we going to see one today ? Didn’t quite make it last week did we.
Come on Enquest 10% plus today

No That’s our short positions

Another few months of Brent at 120 and our debt is going to look like my wife's Yorkshire puddings when I accidently opened the oven door yesterday. oops

Could see the highest volume day we've had for months today

Not anytime soon with the current SP movements, Someone keeps on selling big chunks of stock into any rise. Only 3% up with Brent at 129 is silly

Don’t speak to soon
AB might have hedged the rest at $90

I’m not bothered about todays SP just concentrate on the amount of money flowing into the bank each week. Our debt level will be under $500m come October at this rate.
The SP will follow in time

WTI opened +9%

If they haven’t started decommissioning then who knows, possibly a good flush on start up

Come on Ammu was that you who sold 11 x 200k chunks so far today ?

Is that you Ammu selling those 200k chunks today ?

How do we deal with this lunatic ? Treading on egg shells, negotiations, praying for a ceasefire and hoping his own people turn against him, Let his own take him out.
He's mad enough to push the button but would the other people involved with the launch of nuclear weapons be ?,. If I was manning one of those weapon launchers knowing if I do my job and let it go, I've probably only got a few minutes left to live along with my family and friends. I wouldn't arm the weapon, I'd sabotage it and I bet a lot of them are thinking the same.

https://www.bloomberg.com/news/articles/2022-03-03/jpmorgan-says-185-oil-in-view-if-russian-supply-hit-persists