Member Info for Krakenoil

Daysinthesun. You sound very familiar to someone else that use to be on here

By the sounds of it I think the Serica deal was the transformational deal AB was speaking of but we may have another plan in the pipeline who knows

The market has albeit given up with us now until something does actually happen

Back in the Enquest rut again.

Https://www.whitehouse.gov/articles/2025/05/u-s-announces-china-trade-deal-in-geneva/

Should lift oil prices a little

Https://x.com/sericaenergyuk/status/1919685891171275133?s=46&t=PUOVTp6MPwanTcF7mA-EHQ

Interesting how they view us compared to Serica

Or has it ? Maybe another twist with EnQ

Looks like a rumour or a leak of some sort

So is Serica in talks with a second party ?

That’s quite a jump but with such lack of volume over the past month I want to know how have they managed it ?

Not exactly going to plan is it !

The value of our shares is going the wrong way again.

Luck hasn't been good to us over the years and now not a lot left out there to make use of the Tax credits.

So where do we go from here ? No doubt AB and his team will be desperately working on plan B otherwise there won't be any FCF to pay a dividend this year unless the oil price jumps back up and with Trump throwing his weight around that looks unlikely.

Ideas ?

Can they not see the wood through the trees ffs ! All three of them in their own little world ignoring what the voters are telling them.

Surely after the local elections Starmer would realise he’s not doing what the public want in fact the complete opposite.

What a fracking idiot !

Even Truss is taking the p155 out of him and his cabinet.

Https://www.instagram.com/reel/DH7e7CWOW2v/?igsh=cGVlYW1iZ2I0aHdy

If the Serica deal wasn’t the transformational deal AB spoke of what is it ? Not much left other than the Harbour Assets and the Waldorf assets but AB already said EnQ is not interested in taking all of them and I think Harbour’s are out of our range now.

Transformational has to be raising our production rates to where Jefferies pointed at (75k) but how do we get there now is the question.

Next update before the AGM may shine some light on it.

I feel deflated again but that’s normal holding EnQ shares.

Brent down 4.7% on open due to Saudi raising supply

So what was the Transformational deal if the Serica merger wasn’t it ?

We’ve run out of options and only a few Waldorf assets are worth buying

Maybe another delay coming ?

Possible but reported as off book

Anyone notice that buy at 13.04 earlier of 1576550 shares

Someone got the nod ?

Just checked the EnQ web site and yes it now states ex dividend is today 1st

Got to be in it to win it

Even if it is just 4.5% Its better than nothing but I suppose the SP will take a hit straight after.

Oil looks ready to regain losses over the past 24hrs so this could be the days low.

Top up time

Anyone else feel this has been dragging on for ages now.

Probably get another delay