Member Info for Krakenoil

We need to close above 18p resistance today, then we should have a clear run at yearly highs again.

Quite a drop from this mornings opening price -6.2%.

I'm surprised this isn't already at 28p to be honest

We could do with Barclays backing up Jefferies 28p (Buy)

We could do with Barclay's to back up Jefferies upgrade of 28p with a slightly better one of 30p

We’re off to meet Jeff at 28p

After today’s news I bet we will see a few more brokers upgrading Enquest, Brent at $65 we are making huge amounts of cash. Just imagine Brent north of $80

Cringeworthy

Well when the market see's Enquest Diversifying the big funds have a great excuse to come running back with vast amounts of cash to invest.
Shall we re-name the 60p party the Pound party.?

Oil will become very expensive as the likes of BP move away from oil, But not a chance are we going to see oil demand dropping over the next 25 years, we still need tarmac roads, plastic, copper, steels, aluminium, rubber, carpet if fact most products on the planet are made from oil.
We actually need oil prices at a much higher price to push away from it. So $200barrel isn't unrealistic in years to come.
AB will have a exit strategy planned and that includes a much higher SP to even get his money back let alone make a profit.
Enquest is still growing and will move into some sort of green energy supply at some stage in the future alongside oil that's for sure.

Chilting you’ve been a Enquest lover for years, why all of a sudden you’ve split and moved to the dark side ?
Oil is far from over and Enquest is a growth company that’s done extremely well to weather a bastard storm

Waiting for the first Broker targets to be announced, I'm going for 30p - 35p

We could do with another broker upgrade to back Jefferies up. Barclays upgrade cant be far away

Lets see a nice old fashioned repairer spike

So Jefferies are basically saying what we all know, Enq is ridiculously under valued and the market is bloody stupid not buying as much stock as possible at current levels.
Back to 25p soon

Pelle do you have a link to that broker upgrade please

Mod we don't seem to follow the US oillers for some reason, If you compared Enq to a equally sized company in the US with roughly the same assets the US company would probably have a Mcap 3x ours.
And by the way I was being sarcastic

The media love this, Now we have a third mutation, soon it’ll be up to the 25th mutation - close the whole world down bla bla bla.
Can someone remember the media reporting anything other than doom and gloom or not twisting a story ?
Sick to the back teeth of the media

So how far down are we going today then ?
We ain’t far away from where we were with Brent at $50

Relief on US sanctions.

My God that’s madness