Member Info for Krakenoil

A little consolidation before the next move up. Close above 80p in my opinion, Brent needs to play the game

The way I see it is the fact that Kraken has been very poor, But Enq is doing great overall even with this doom cloud hanging over us. Bumi and Enq are going great guns to sort this out and in my opinion they will sort this out over the next few months.
Enq have proven the Debt is going down even with this going on. So when they do get K reliably pumping 40K plus Enquest has to re-rate ….. Surely

Squif Enq has grown production over 100% in 4 years, that’s quite an achievement don’t you think? Specially with low oil prices. Pmo hasn’t achieved that !

I tell you what Pmo results show, They show 2019 outlook of 75kbopd with debt at $2.33b with a Mcap of £635m. compare that to Enq outlook of 68kbopd, debt at $1.7b and a Mcap of just £320m

We aint far off PMO but with $600m less Debt and a Mcap allmost half of PMO ! All points to how undervalued ENQ currently is !

Epip, Auson's comment was correct, well sort of as over the past few years Enq, Tullow, PMO, CNE seem to follow each others price reaction to TU and results. You posted "I told you so" after 16 small trades had gone through. Blimey at least wait for the morning to pan out before calling him out. PMO's results are positive and as they are in the same boat as us then that should rub off on us toady.

Epip you sound like Itsaponzi ! You make it sound like we have a massive sell off this morning !! Err over 20k worth ??

Brent back into the $66’s ready for a good results day ! 80p plus today is a possibility

I think k would have to reach 50k for that to happen Pelle

If DC4 and the upgrades that Bumi desperately have to complete can get K reliably pumping 40k plus the SP surly will fly !

The Bonds looking strong and not to far from yearly highs, equity going the opposite way doesn’t make any sense. Both usually follow the same pattern. Thoughts ?

More likely to be something to do with the short positions, manipulating the price !

Its not going to be a insider is it ? AB has only just bought a large chunk !

They're not a major share holder !

The whole sector is suffering low volume at the moment and I put that down to Brexit !

Yes it would set the trend !

Brent looks like a push into the 66’s coming today. Both Tullow and PMO having a good day, we usually shuffle up behind during the day.

But I wouldn’t be gambling on Deb as it does look like a slippery slope

Wasn’t talking about DEB as this is the ENQ Board

Ridiculously undervalued you mean !

Scott Spirit on her way to catcher