Member Info for Krakenoil

They know full well the EPL must be changed or removed, they now have the perfect excuse to remove it Energy security due to both wars going on and also the far lower oil price.

Ed is obviously backtracking on his net zero zealotry as he knows if he doesn't he will lose his job.

Come on Ed drop the EPL

This is a promising change but without the EPL being eased there wont be much change with investment decisions

Another huge draw

EIA (wk ending 13 June)

Crude: -11.473M

Cushing: -0.995M

Gasoline: 0.209M

Distillates: 0.514M

Seascape up 11% on top of yesterdays rise. EnQ as always gives back most of the gains from the previous day.

Rinse and repeat

Seascape off to another good start

Also said "We have signed a deal today to supply Gas" But no RNS to confirm another deal

I wonder if todays move up is anything to do with the interview on CNBC with AB this morning.

I can't find it anywhere but someone posted about it on X

Do we have a leak ?

This country needs energy security more than ever now with what’s going on. A change to EPL is urgent

We still have plenty of sellers around the 13p mark and the daily volumes are still very low.

What the f@ck !

I don't think there's enough free float at that price to be a buy, the timing and the price following suggests it was a sell.

I bet oil price will be shorted to death today probably finish the day in the red

Iran still pumping oil at the same rate as before the attack so no disruption to their oil supply

Aim, that doesn’t make sense ! We have a advantage over the other NS oillies being just a 38% Tax payer so that’s in line with the rest of the world but it means the NS assets will be far cheaper than the rest of the world so in my mind we have the best of both worlds and why not take the advantage of cheap assets here in the U.K. we can pick the best ones as well because the lack of competing buyers.

This could work in our favour

So what further pressure will she put on the economy today.

Do Labour never learn !!

"They won’t be enriching. If they enrich, then we’re going to have to do it the other way (military strike). And I don’t really want to do it the other way, but we’re going to have no choice. There’s not going to be enrichment"

We need this next deal to land ASAP

Got mine, feels good to get something back for the first time

Imagine what it would feel like if we got the government’s loot $100m rather than the just the crumbs

Has anyone received their D yet ?

It gets paid today