Member Info for Krakenoil

#Crude +4.127M
#Cushing +0.359M
#Gasoline +3.555M
#Distillate +2.483M

Yeah ok

Once we get the confirmation of completion I’ll stop biting my nails and relax :-l

Think we are undervalued by 63.5% , Current Fair value is £0.67
https://simplywall.st/stocks/gb/energy/lse-enq/enquest-shares#valuation

Yhyh its been like that for 6 years, No wonder we get slated off by the media and by 99% of the Analysts, will $100 oil turn this around ?

We are still Red Jan xxx

Mrc please don't tell me you trust that Tom Cross ?

MRC why are you doing your silly PMG sales pitch on this board ? P155 0FF we ain't interested in losing money over there we like to lose it here.

The initial consideration is US$325 million (which is subject to working capital and other adjustments), with additional contingent consideration of up to US$50 million. The contingent consideration is payable in the second half of 2023, if between July 2021 and June 2023 the Dated Brent average crude price equals or exceeds US$55/bbl, upon which US$25 million is payable, or if the Dated Brent average crude price equals or exceeds US$65/bbl, upon which US$50 million is payable. A deposit of c.US$3 million (being part of the initial consideration) is being provided by EnQuest which will be forfeited in most circumstances if the Transaction does not complete.

This had better complete FFS

I'm done

How on earth are we in the f~~king RED

I thought we would have seen a much better reaction this morning. It can’t be just this GE completion the market is waiting for.
Oil is up almost $7 in 2 about $315k per day better off and we haven’t really moved.

Looks like oil prices are going to $100

Are we going to get the completion before October? Only 2 days left

Enquest was 35p when Brent hit $80 in October 18

Someone go fetch Romaron a dummy as well please ;-D

I hope your right Chilting, mid 30's end of the year, 60p plus end of 2022

Ammu, it’s nothing to do with today price movement, yes that’s great but we should already be mid 30’s, not low 20’s. Hopefully we’ll catch up once the GE completes
If we were floated on the US market we’d be valued over a dollar lol

$80 Brent and still the market doesn’t see EnQuest as a good investment wtf !

A few large off book buys showing up today, maybe we will see some price movement and climb into the mid 24s today

Good couple of days for them, one day we will have our turn.