Member Info for Krakenoil

Ammu - Tullow fell 14% on its update last week, we have only lost yesterday’s gain. I’ve got a funny feeling AB has something else up his sleeve.
God we deserve some good news for once

Shareholders will never see a return unless the company buys back the shares down the line or starts paying a dividend but unless Brent is trading around $100 for at least 6 months then I just can’t see it.
I’m worn out

The plan isn't clear ... lets be honest, I still own Shares bought at 23.5p from the first Equity Raise, am i going to see a profit on that ........ No bloody Idea now

Hi Jan, The only trouble with that is we cant actually tell a buy from a sell we can only see the trades going through and the timing to guess what side it was on.
I dont think the buys out weighed the sells today probably the other way round , likely we have a few shorts jumped on the bandwagon this morning.

I see most of the worlds mid cap oil producers taking production declines this year of about 15% on average of the ones I've read, Blimey if the demand jumps back towards 100mbpd thats some supply deficit we have.

I am Fx king p155ed off, but looking at what Tullow and PMO have done did we expect anything else.
The 60p party has been poleaxed
20p party is now the dream of the long term suffering shareholders.
******

Just as I thought the tide had changed, we get another hammer blow.
Been invested in Enquest for 6 years and it’s the same bloody record playing.

Money for old rope at this level with Oil prices climbing. 7 year bull market on the way, £100 oil Q4

Its probably the Opec meeting thats underway that causing the subdued SP

If Brent dips back to £57 we are probably going to follow and fall back to 12 bloody P again lol
Doesn’t make much sense does it.

Hitman, Brent is already at $58 and our Mcap is just £218m, I would love to see our SP at 30p but let’s be realistic I think we need Brent at $70 to see that

We don’t have any shorts simply because no one would short a highly undervalued stock
You’d have to be a bloody idiot

Who cares, They won’t be able to hold this down much longer with oil prices climbing

Another large draw

#Crude -4.261M
#Cushing -1.885M
#Gasoline -0.240M
#Distillate -1.622M

How's this in the red today.

Come on we need to break 13p first

Come on we need to break 13p first lol

Asset decline- value falling and if the company falls into administration the assets won’t cover the debt

Bored waiting for oil price to breakout, so Having a look at AIM, trying to pick one that’s yet to move but has A lot of ramping attention.
So let’s have a little game, pick one and post it’s current SP and at the end of the month let’s see who’s picked the winner.
You can only pick 1