Member Info for Krakenoil

Time to long Brent back to $62

Eurofil have you sold out ? Now also trying to buy back in cheaper ? Looks that way to me after your sudden change of direction

Morning Romaron,
Did you read the RBC prediction for oil prices last week ? So they used Brent at $60 average in 2019 to value Enq but then contradicts that with $68 for 2019 !
$536,000 per day difference

Branson, He popped up just after the last Troll left, He hasn't stopped ! ignore him

https://www.zerohedge.com/news/2018-05-22/shale-oil-ponzi-scheme-explained

No massive projects to pay for, it’s now all about reducing the debt level. As the debt level reduces our Mcap will increase, just like a sea-saw, the weight slides from the debt over to the Mcap. AB ain’t stupid and he has grown this company during times of low oil prices. Imagine what he could do with high oil prices !

Brent still trading within 60 - 62 bracket.

Very true Miner back into the 19's later this morning.

Not at the moment it’s not, Brent down 1.3% this morning!

Down this morning! Would have thought the tensions in Venezuela would have put positive pressure on oil

Watch last weeks interview with our CEO https://www.cnbc.com/video/2019/01/24/enquest-ceo-have-significant-cash-flow-despite-our-debt-level.html

Broker Targets are always exaggerated both high and low, we have bottomed out in my opinion and now I’m expecting a bounce. Follow the money ! 23.5p next stop then straight back to 34-36

Volumes have been extremely low since the RI and the aglow trades have taken this down, the very same thing has at least twice over 3 years and a sharp bounce happed on every occasion. Enq lags behind the others exactly the same pattern as last time, but Enq always catches up. Expecting a bounce back to 34p - 36p over the next 2 months. Remember Enq is in a much better position than it was in 2016! 60p party this year at some point !

Bounce way overdue. Look at the bond chart, they move fast as well ! AB’s confidence in that interview could be the trigger of a reverse trend.

As soon as these silly trolls arrive the SP rockets ! Keep it up guys lol Stuaro33 and Lse2000 were here last time ! They disappeared quickly and so will these ones.

What comes with falling Dollar prices ? What comes with Deeper cuts from SA? What comes with Shale production falling? What comes with the ending inventory build season? What comes with approaching Driving season? I wonder why our Troll is getting stressed out ?

That’s the 50 SMA line, stupid phone !

Been following a few large traders over the last 6 months, all 3 now have Enq in view, one couldn’t hold on any longer and bought trenches Wednesday, Thursday, Friday. Looking at The other mid caps that have moved up ove the 50 Sam line with the oil prices, Enq has lagged behind, but historically always catches up and overtakes. The Dollar falling could be the catalyst that sends oil higher. Follow the money !

Excellent news !

I know ! Dirty tricks

Yes, 15p with a average Brent price this year of $60 ! Wtf !! Then contradict that with $68 average for Brent this year ! That’s a big difference when your pumping 70,000b/pd !