Member Info for Krakenoil

Maybe the bots just taking a few out first thing on low volume and then we'll start the move up later
Come on the TU was a good read ffs

The day ain't over yet Squif

Jan, Enquest
Compare our FCF to the likes of Tullow, HBR and a few of the others our Market cap is a joke.
could strike a monster oil reservoir and the market would see it as a negative.
I didn't expect anything else to be honest.
Well at least AB can keep on adding cheap stock to his portfolio

We slaughtered HBR and Tullow again on that front

FCF was fantastic

I bet the media jump on decline rates rather that the positives

Only negative is production guidance, otherwise not bad.
Question is it enough to impress the market?
What side will the media jump on ?

And oil has dropped $2 in just over 2 hours

News is now focusing on the Ukraine again, Biden moving troops to eastern Europe today isn't a market calming situation

What's he sucking out of it Squif ?
To me it looks like most of his salary is being used to buy shares !
He is also waiting for his jackpot pay day

Correction Jan,
Third line "The 60p Celebration party will be held on the 5th December 2022 at the Ritz Hotel, 150 Piccadilly, London W1J 9BR"

The lack of major shareholders may work in our favour looking at it from a different view.
We are seeing the large funds selling oil stocks due to the wokeness that now drives the media , they don't want to be selling at a loss and are hanging it out as long as they can as oil prices move up, but they will dribble shares into a rising market and that may take quite some time to clear, us on the other hand wont have to suffer that as ours have mostly sold out due to the bigger risk over the last few years. So maybe we are just waiting the trigger to start another EnQuest rally.
AB holds all the cards and its up to him when he lays them down

Pelle, The risk is still there and wont start reducing until we have actually paid the debt down, but as we do the market cap should start rising at the same amount as we pay off.
This update should set the ball rolling hopefully

As long as its not more bad news we should see a nice move up.
Not getting my hopes up

Enq have always been extremely vague when it comes to information about what's going on and I don't think this update will be any different, Once we get this year out the way and the debt is somewhere around $500m then I think AB will start coming out with positive updates.
Remember we are still a huge risk if oil prices fall again, completely different story come the end of the year if oil prices. hold.

I doubt Enq will give us want we all want to hear, the best we’ll get is the glass half full, lack lustre but hopefully better than the last
I’m not getting my hopes up just yet, probably have to wait for the next one before we start getting excited

When the factual figures are released to the market the media will be all over it. That's when we will see the correction compared to oil prices.
Could see the SP rise quickly like we did at between November 2016 (19p) and mid Jan 2017 (47p)

Change the record Mrc
I haven't sold a single share since Feb 2020

Market looks a little nervous towards the TU
God I hope Enq gives us good news ........

That’s 2 x 1m trades shown up after close: