Member Info for Krakenoil

I’m just wondering if k will need a 3 week shut down, wouldn’t surprise me if on going works are going better than planned and they have managed to change topside hardware without compromising production already. They certainly have turned K around after DC4

And that’s only if the can pump at that rate for the whole year without delay !!

So total income of about $4m a year and this has a market cap of how much ?? Wake up and smell the coffee ffs !

Yes another week of large inventory builds expected, I’m not sure Russia and Saudi can do anything else now other than open the Taps, Shale keep on increasing No matter what. Opec and Russia now have the perfect opportunity to flush the highly leveraged Shale companies down the drain. Get it over with !

Tin hats tomorrow

From 2.30pm Brent gained and lost $1 How can anyone invest in this current market, it’s Red or Black time !

So another buy from AB for his charity. Blimey he is confident

Looks like the Trumps deal with Mexico hasn't given the oil market any confidence as this mornings gains have now reversed, He needs a China deal as soon as possible to stop the rot

Reading some of the comments on Social Media, its looks like some traders working for large investment companies or hedge funds have been banned from trading oil and oil stocks due to the volatility, Trump is so unpredictable they wont invest in a market that is just a pure Gamble. And I think that's why we are where we are today for that same reason.

The simple thing is no one wants this Unloved Stock at the moment. Everything points to this being very undervalued but with manipulation controlling the SP what else is there ? Until the volume increases substantially we have to suffer it. Enq can only keep on chipping away at the debt as they're doing and one day the market will wake up to the fact we are incredibly undervalued and the re-rate will happen quick as we have seen before. This manipulation is attacking shareholders patience here driving them into selling. Ain't getting mine !

We are still struggling with volume again

They have already had the water table contaminated with fracking fluid in the US but they just cover it up. It will get worse and worse.

China reported better than expected trade data for May, Asian markets enjoyed the news, Mexico deal helping as well.

At least k is almost at plateau production and the oil selling at a premium over Brent. How we are still bobbing around 19p I don’t know EnQuest hasn’t been in this position (Great) for 5 years but still the market won’t reward that. We must be due a re-rate soon ffs !

Kraken up to 45k bopd, All falling into place, just need China deal and opec to extend the agreed cuts and we should see $75 Brent again, And hopefully 30p plus here

Well apparently the deal with Mexico is complete, Tariffs are suspended indefinitely as Mexico agrees to stop the illegal immigrants crossing into the US. Come sort China out now.

I wonder if we will see another RNS Director buy today ? I think its highly likely

Squif you need to sell out if you actually own any shares, why the constant slating of the company and it’s ceo your invested it I don’t know. What else can he bloody do ?? Do you think he is enjoying looking at his portfolio well in the red ? We are in the hands of the oil price now until we shave off half the debt.

It’s 53.36 now and rising, Brent 63.5 and rising ! DBNO missed the boat lol

https://www.zerohedge.com/news/2019-06-06/armed-mexican-troops-block-migrants-southern-border-after-tariff-talks-tank