Member Info for Krakenoil

Ain’t doing too bad with 40kplus now

Debt is falling by the day, I expect debt to be way under 1.5b at the end of this year but if prices rise above $80 during the summer I expect Debt to drop below $1.4b.

With low volume and biased Brokers what chance do we have ? But figures don’t lie, won’t be long before this moves much higher fast. I still think the MM will start moving this upwards soon and that will start the volume increase. This will go all of a sudden and before we know it the SP will be back in the 40’s.

I’d rather 2 x 5p dividends in 2021 lol

Leo has done very well to get the SP back to rock bottom from 8p

We should be in the mid 40’s already !

AB must have a exit plan for when he retires, and that plan must be for his invested stock to be worth much more than his original investment I would say at least double and his average must be around 40p Much higher than most of us.

Unfortunately lots do actually believe everything they say and base their investments on such ratings ! And unless Enq keep the market updated more frequently than they previously have then these biased brokers can sway investors. Anyway Kraken is now producing more than ever and looks much more stable than before. Our SP has priced in a Kraken fail so when will the market begin to price in a Kraken success?

I bet they don’t, The will ignore any k production increase now, they have a agenda against Enq for some strange reason ! When RBC published its notes for ENQ and PMO it used 2 different average oil prices for 2019, and lied about a breach of covenant..... say it all really doesn’t it.

That’s just over 45k bopd

If Kraken keeps this production rate up until maintenance and upgrade works end of Q3 we will be on track for the best year we have ever had. Roll on the 60p party

Romaron how does their reserves compare to ours?

Don’t worry about that L3, I’m the best at ramping Enquest ! Maybe AB should employ my services, first thing I would be doing is book the Savoy and lay on a great 60p party with complementary rooms for everyone.

Here comes the profit taking

With everyone running for the door, I think the MM will close this around 16p

Love you - have you been on the hard stuff again ? If not best you get on it. What on Gods earth are you going on about ? Hang on I’ve worked out who you are ... your name must be Diane Abbott surly lol

This is the typical day for traders to close out all positions going into the Easter weekend, Oil is usually sold off as well, But always a great time to take advantage of that as we are going into the US driving season !

Fishing on low volume.

If we get a rise in oil prices later today that certainly will put the cat amongst the pigeon's as the day traders will be caught between a rock and a hard place ! Shall I, shan't I lol

L3 That comment suggests to me that you have sold out and now deramping the SP again. The SP of most oillies will be down today as its the last day before the Easter Holidays, traders will close out today and the MM will take advantage of that.... come on FFS try a little harder !