Member Info for Krakenoil

Mrc - So did you sell out or Not ?

I’d like to know how they are going to get the Infrastructure in place by then, England will require about 5 large nuclear power stations and need about 5 more fuel stations to everyone we have now, digging up all the roads will require huge amounts of Tar. Where’s all the copper going to come from we are already seeing supply shortages with rocketing prices, everything is made from aluminium and plastic now, we could go back to making everything out of wood again.... that’s green,

Mrc has sold out lol Moved to de-ramping now lol

If we can hold 17p today, sets us up to have another go at 18p as oil bounces

The spot price of Brent this time yesterday $70.4 we were all looking at a move to $75 and today its $66.9 and falling, Its like watching the Hulk

That's not enough Mrc and you know it, we need to know the plan for returning a dividend to shareholders( where our debt ratio needs to be) , How we are going to exploit the recent purchased assets (Tie ins doesn't do it for me) I want to know how we are to fund it and when, otherwise this just give me the impression that its just so Enquest can add a figure to the reserves knowing full well we cant bring them to production. I want to know if we are going to diverse into some sort of green energy (We have to at some stage).
I don't like feeling left clutching at straws and we shouldn't have to.
The analyst have trouble covering Enquest as they have the very same issue. Guessing game

Mrc not so long ago you were calling the company bankrupt on here and advising everyone to sell when the SP was 10p.
I’d keep your mouth shut.
All I want is a plan for the next 5 years so we can make a decision - not kept in the bloody dark.

Iran has started injecting oil into the goreh-jask pipeline.

So how much extra supply are they going to flood into the market

We were also circling the toilet bowl in 2016 and our SP wasn’t to far away from where we are today, in fact I’m sure the SP still even climbed back into the 30’s with Brent in the 40’s.

Mrc I’d be happy with being down 50% from 2014

Mrc - we are down about 90% from 2014

Well the market liked the news , Up 80% already, something we can only dream of. We cant even hold a 4% rise

Bad day coming unless Brent bounces, now down to $67.8

Looking back at some of what the analysts have written about Enquest over the years, the part about our very messy, complex debt structure was their biggest concern and one even said Enq wouldn’t be a target for a potential buyer because of it, this up coming re-finance deal I hope will tidy it all up at last and remove the complexity.
This may well be the touch paper we’ve been waiting for.

Looking at the oil price probably back under 17p

18p seem a tough nut to crack

Reports - Colonial pipeline system down again !

Blimey - That didn't last long, wonder what the ransom demand is this time Dogecoin, bitcoin, musksperm coin ?

Now what' s going on has Trump tweeted ? Oil rolling over

Hopefully they cant drive the price down too far this afternoon. We need a good draw tonight. Everything points at another large draw, US Flight data is very good and not to far away from pre Covid Figures now, we just need European flights to resume now forcing Opec to increase supply reducing the supplies being held back, we need to know who's cheating and how much supply they have left .... Not much I reckon and when that is proven then $80 wont be far behind.

The green party might not do so well when the people realise North sea jobs will be on the line, The hundreds of thousands of people that rely on North Sea oil for Jobs and Income will soon be up in arms over that.