Member Info for Krakenoil

Take your pick at Mac Duff

He’s Done better than us lot lol.

Epip- unfortunately we seem to be suffering far more than the others compared to oil prices, if you overlay the yearly Brent oil price with our SP then you will see what I mean.

Ammu, I’d be very happy to keep quiet once we breakout of this downward trend with low volume
I will be the first to give you a lesson how to ramp when we finally do.
And I’ll be the first to buy the drinks.

No way will we get to 60p this year unless Brent hits $150, 2023 if oil price hold $90 is a possibility if we actually get shareholder returns announced.
Enquest had better do some very serious ramping next year.

ZFG We ain't going anywhere until this shat with Russia is sorted out and risk removed, But the oil price rising is helping reduce the debt.
At least we ain't going down ....... That much !

Someone does not want this rising.
Again - Possible Director buy out because none of this makes any facking sense.
Something is going on that's for sure.

It does look like we wont be getting a re rate now. and we've missed the boat on the banks and other Covid hit stocks that have now clawed back what they lost in Feb/March 2020.
My nervousness is again high because if oil price do turn back to a negative period then where does that leave the SP - If 21p is best with oil prices over 90 then where we going with Brent Down to 70 ? 10p again ?

Bond's always having it off .

MRC we are not yet seeing strong support for North sea oil and gas, if that was true the values of North sea oil companies would be far higher and rising. We are going the wrong way .........at the moment !

Even the bots ain't buying, We only see selling volume increase into any rise now,.
These bots ain't silly.

We haven't dipped yet, same as we haven't gone up either.
Stuck in a tight 8% range.
AB has given up buying as well .

FFS will this ever change !
I think our SP is being run down until there's nothing left .

Brent at 97 and we can't even hold 21p

What a pump dump today has been.

Level

Back into the 19s coming, What a joke unless you sold at 22p this morning

Looks like that the US has bent over and given it to Iran's hard balling, Brent will probably drop back towards $90 when they agree on the final bits and bobs.
But the question is how much more oil can Iran produce ? Its already selling over 3m bopd

Fingers crossed $95.4 holds

I would be happy to see the SP moving up in line with the monthly FCF coming in.
Be very nice to close above 22p today