Member Info for Krakenoil

The market must reward plateau production from kraken now. You can not punish failure and then ignore success..... or can it ?

Due at kraken 10am Monday morning.

-3 for me Jan. Data must have already been leaked.

I've already done that gkb ! lol

Agreed Jan, get the debt down to $999m and we should be sipping champagne at the Ritz.

TOTAL ANNOUNCE FIRST OIL FROM THE IARA LICENSE (BLOCK BM-S-11A), LOCATED IN THE DEEPWATER SANTOS BASIN PRE-SALT. EACH UNIT HAS A CAPACITY OF 150,000 BARRELS OF OIL PER DAY.

PMO always seems to sell off on the day of news but the following day the price always seems to rally well. Lets see what happens later.

Doesn't look like our Shale friends are going to cut production, record rates still increasing. What do they want … $40 wti ?

Keep your eyes peeled for our next tanker to K

Indeed they did Epip ;-)

If only we could have hedged the same as PMO.
I hope our update is as good

Oil up and a nice update from pmo this morning should give a little boost, should recover yesterday’s drop

Good solid update - it’s looking better and better going into next year

Fingers and toes crossed

Maybe another announcement for CMD

Hitman I believe its Trump that needs the deal more than the Chinese, China will not be bullied into anything, too late for that. Without a deal its going to start stinging the US economy next year and Trump knows it and when it starts affecting the Trump voters in the pocket they'll soon jump ship.

Tullow looking cheap !! WTF !! They are war over priced even after this mornings correction.
No thanks

Tullow must have had a poor update ... blimey

From the horses mouth :

Scolty/Crathes restarted in early September following the successful installation of the replacement pipeline. I can’t give the specific number but production rates have certainly been good. Essentially you get very high rates for an initial period as you get “flush” production (a the reservoir pressure has built up while the field has been shut in). This then declines fairly quickly and you settle at more reasonable rates (which for a period will be higher than has been seen in the last 18 months or so as we shouldn’t have any wax restrictions).

We aren't asking the company to over promise anything but it would be nice to know its been fixed after the bashing we've had over it ! Why do we need to wait for Cairn to update the market ?
No news is good news unless its stocks of course.
Fear has been the driver of the share price for the past 5 years, its about time greed took over