Member Info for Krakenoil

Don’t call me a idiot Romaron I’m just asking why these journalists write such sh it

https://www.marketwatch.com/amp/story/enquest-posts-narrowed-1h-loss-sees-2021-production-at-lower-end-of-range-271630563917

Most reported Enq make a huge net loss in H1, I can’t see why they all came to the same conclusion!
Am I missing something?

Wonder if we see any of the major shareholders take advantage of the lower SP

I think the market was expecting a great update and was a bit upset with just a ok one, Lets repeat the saying " The next one should be great".
All the time Brent is holding above £70 we are making more per barrel than H1 so that's just fine, the oil is still in the ground waiting to be pumped out and sold , would have been worse selling it for a lot less money at the start of the year.

Enquest know about the article, lets see if a response is forthcoming
Watch this space

Agree Enquest must officially correct it and state they wont tolerate blatant misleading information from broker publications. we had this a few years ago if I remember correctly and Enquest did correct it after Romaron complained to IR. Barclays i think

I wonder if AB read it, Enquest should make a statement correcting the misleading figures along with belittling Mark Robinson for his failure to even read figures correctly

What makes it worse is the fact Enquest don't make a statement correcting it.

I seriously thought we were going to see 30p shortly after not bloody 20p

You would think investors would see through the mistakes from IC but like IC no one cares, Sick to death of holding Enquest now, I should have sold out before the update and given up with Enquest.
Always the same, nothing ever changes.
Romaron are you not p155ed off

The market has certainly shown us what it thinks of our performance

Another Magnus type deal would be fantastic for us. Obviously listening to the webcast on Thursday AB is on the hunt. I remember Jefferies stating if Enquest could increase 70k it would basically put us into a different league than we currently are. A move into the Ftse 250 next year would open us up to the larger investors and hopefully remove some of the volatility that currently stresses us out. Specially me.
We are still just one good update away from a major re-rate. Fingers crossed for the next one.

US oil rigs -16 to 394
Baker Hughes

Still 30% higher than we are today, So they still think we are way undervalued..... So really its still a very positive rating.

We knew that was coming. Lets hope we get a few more upgrades from the others that haven't revised their ratings since last year.

I was sitting there yesterday morning with my Tea and toast looking forward to reading a nice positive update. Then It felt like I was reading a court summons, nasty

Another asset in Malaysia purchase requiring FPSO (EP) would be perfect for Enquest.
Was hoping to see a few more buyers this morning, A nice bit of green please and I don mean the stuff Ammu stuffs in his pipe

And I cant remember a single update that the market responded positively to, mind you I cant remember a positive update either .
Buy the big dips

The jams got wasps stuck in it