Member Info for Krakenoil

Oil stocks are lagging behind oil prices by about 40% Enquest even more compared to the past 5 years, some making up to do here, will we break yearly highs next week ? Looking good

Romaron’s post at 19.01 - best post of the week so far.

Flappers lol

Chilting our Mcap was low so unless you averaged a lot higher it wasn’t really a problem. With the re-financing we may get a consolidation.

Epip Did you ever get a reply from Ian ?

As the SP rises Chilt it lowers the dilution making the stock more attractive, We could very well breakout and make a move towards 30p if Brent climbs towards $75.

Our SP would be around £0.71p today .
We used to match Brent prices Penny per Dollar.
One day we might get back to that

TLW moving up nicely along with the others, but we seem to be going the wrong way.

How we looking on volume so far today Chilt ?

Are we going to see the 20's today ?

What's spooked Brent, lost a Dollar in the last 25min ? Cant see anything on the news feed

Jefferies 28p Target looks likely now

Fingers crossed we follow TLW up the leader board today, same again tomorrow

Would be fantastic to get back towards 30p before the OO and re-finance deal is announced, this time is different we are re-financing from a position of strength.

How long can the market ignore the amount of FCF Enquest has coming in against a market cap of just £290m is the question.

Can $70 Brent move the SP away from 17p ? And I don’t mean down

The market usually pull the oil price down going into close on a Friday so being the bank holiday weekend I'm expecting just that, Usually rises back up in the evening.
Sets up well for next week for a move above $70 again.

Epip did you get a reply from Ian ?

Shale investors will be keeping the reins tight on production this time around, they won’t be that stupid again, they won’t win against SA and Russia. No way will any BOD allow the debts to pile up again.
The biggest issue the supply side has is the lost production across the globe from the smaller producers, we have seen most U.K. oillies losing around 10% this year, it’s the same with the rest of them, that mounts up to a lot of lost production

What did you ask him Epip ?