Member Info for Krakenoil

Fingers crossed we hold up, Brent fallen almost a Dollar from this morning high. Always seems to happen when we have good news.

Investors still have a great opportunity to buy in at the discounted RI price we're currently at.
This will be back mid to high 30's soon and its still cheap even then.

Well the CNE update took a little to actually sink in, investors now see the great opportunity here staring at them. Up we go

She’s moving in hook up 1pm I reckon

Very possible

Just look at the value of our assets, over $5b gives you some idea.

Chilt he knows exactly how much was offloaded, just the same typical comments from him, sowing the doubt seed again. Anyone with skin in the game would have read all the feedback from CNE

Sorry about punctuation, I'm using my phone,

Morning everyone, when you try to compare Enq accounts with our oillies to get a rough average mcap, We are so unbelievably complex and I think that's the issue brokers have we us currently, I would like to see someone brake down our accounts into some sort of layman terms so you don't need to be a accounting genius.
We have grown quickly during the period of very low oil prices and that has kicked us in the nuts as that comes with huge debt, but comparing that debt to production against the others we are fair slightly better, but then we look at interest and other liability's we fair slightly worse. But as that debt falls away our Mcap should increase by the same level if oil prices were stuck at todays prices. Hopefully next week after the AGM we will have a clearer picture of where our focus is for the next 2 years. I want a straight answer next week. I want AB to be bold and clear that our debt burden is the priority, I will also ask him about future Dividends if the question hasn't already been asked.
As a shareholder I don't want to be in the dark any longer. Give us a vision to look forward to

Pay off the debt and they will come !
.

Hi Pelle,
If you google Enq EV its all there to see.

Comparing Enq to most other oillies we are considerably undervalued. Our EV is £2.82b less our debt and interest cost, to me we are very undervalued. But unfortunately currently unwanted

That’s the quid gone... come on boy

Out of the 4 we are again the only one red..... Boring

Very frustrating Squif, we are so undervalued and still no one wants the stock, complexity of our debt being the main reason along with Trump's oil market Tantrums and oil being out of favour. Its been a terrible 6 months for Enq shareholders, losing 50 % share value, gaining the Magnus asset worth $500m.
Build it and they eventually will come......in dribs and drabs lol

Now touching the days low. Should bounce from here, fingers crossed we get a drop in rigs this evening

That's right L3 I will call you out, non bias view is fine, but when you keep tipping the scales with tiny bits of bad news without balancing that with tiny bits of good news the BB needs to be reminded of that.

L3 As far as the operator is concerned (Enq) the K reserves have not been downgraded as you know, CNE threw a tantrum and thought better to get every possible bit of bad news out in the open at once, basically clearing the decks for a clean start with rising oil prices.

You always focus on any minuet bit of bad news and escalate that into a focus point to deramp this stock, you never focus on the small bits of good news other than the blatantly obvious that you tend to skip over quickly.

L3 you are a long term deramper and I think you don't hold any Enq stock whatsoever and further more what's the point of your posts other than doing you best to wind people up. You are one of many that know Enq will at some point re-rate and you are goal hanging. I hope you miss out

Kraken production increased from the start of the year, works topside due later in the year should see Kraken reach plateau production along with reliability. Heavy crude trading at a premium over Brent

Now lost a Dollar from yesterday’s high, hopefully it bounces shortly