Member Info for Krakenoil

Probably be red Monday Morning lol

Maybe the tide has changed and we’re start seeing a good few green days ahead, it certainly helps with the UT not dropping the closing price.
Fingers crossed next week is a stormer and Putin backs away from invading Ukraine certainly wouldn’t settle the markets

Brent at $95 and the US driving season just around the corner, blimey we could see $100 plus come May
Surly 30p has to be just around the corner

Ammu I’m here waiting for 60p.

Blimey If that's real ZFG then I'm very impressed.
I have never received a reply from him - Maybe you have a different email address for him than I do.
Well done.

She arrived early this morning by the looks of it, Can't be much room left in the hull of the Armada

We need luck on our production side. Magnus at 17k

Blimey not to bad this morning, I expected a bad day to be honest.
Mrc - I'm way over invested in Enquest but I'm sticking to my gut feeling and I'm praying for 60p so I can relax, breath stress free and retire. We should already be at least half way to that.

That’s what I’m saying but as usual we seem to be hit the worst

Looking ugly out there today, unless oil prices recover last nights drop us oillies are going to take a clobbering again

Like clockwork

The usual-1%

Brent has risen 40% over the last 6 months, we have dropped 16% over the same period !
We have fundamental problems.

For every $1 over $78 adds about $28,000 per day in FCF on unhedged production.

Brent at $120 would be nice lol

You can’t have a dick Turpin Tax FFS, specially when the government ignores the likes of Google, Amazon, Facebook etc if the government taxed them the same as the rest of us the country would be far better financially to use that extra cash for Subsidies

Sorry was meant to be curb oil prices !

Even with the US raising production and SPR releasing they can’t curb demand

Crude -4.756MM, Exp. +1.5MM
Gasoline -1.644MM
Distillates -930K
Cushing -2.801MM
Production +100kb/d

Ammu are you not a little concerned then ? If oil prices pull back to around 75 doesn't give us much room does it.

In layman's terms BE cost per barrel is approximately $53 bbl - working off 2022 realised oil prices of $81 gives us a FCF of $450m without any breakdowns and atthe very upper end of guidance.