Member Info for Krakenoil

Profit taking for the week, Rinse and repeat next week

Should be ready to bounce back towards 62

I couldn't resist a little trade with FLYB either ! Out now, not risking the traders sell off later

Giving - Look and the oil market over a long period, the high and low patterns are more or less the same, we are about to come out of the low period into a high one, hold for gold and sell in 2 years time is my plan

Before the Magnus deal Enq BE was around $66 So hopefully if Brent can move above that then our SP should recover quickly

The fact is everyone keeps on trying to trade this stock rather than holding LT, its the likes of Goldman that keep increasing LT holdings. LT holders are the only winners overall !

If oil holds mid to high 61's then we should close out above 80p, that should brake resistance going into next week.

In the past Enq managed to shrug off these low blows quite quickly but this was the old one two combination and may make some time to shrug off.
Higher oil prices are our only hope at the moment. DC4 wells end of Q1 may lift AK production a little along with warmer weather thinning down the heavy crude makes life easier to lift.

The Saudis are on a mission to push Brent between 75-85, just look at there production levels now. Shale could have peaked now as most new wells are producing more and more gas, investors starting to panic, 2019 could be a huge rerate for oil prices in my opinion

We need to clear 22p today as it seems the two Broker ratings have tied a rope around Enq. All the other oillies have started well today with Brent around 62. Come on Enq !

Just been announced on the radio that Flybe have been bought out and the Flybe planes will have Virgin on the side ! Deal completed !

Alfa you need to price in the debt reduction to that so as the debt reduces the SP will rise with out a rising oil price.

Closed out at 79p Oh well fingers crossed we can wave at 80p as we leave it behind tomorrow

We just need resistance broken at 80p to send this up up. Pleeeeeeeaaaaseeee close above 80p

Quick top here before moving towards close.

Squif your posts have been much different of late, respectable, keep it up

This is all we hear from you DBNO ! Its very boring to be frank ! your Not in so you desperately post negativity... ZZZ

Fernan you should email Barclays and attach your spreadsheet maybe it would straighten out a few things for them !

Sell our biggest asset !WTF NO NO NO !

Hi Fernan, I just cannot work out how they have valued Enq either ! It doesn't make any sense. Enq confirmed to me this morning that they have no access to any other information than we do. Its just a little strange to be valued 65% less than the previous one when the other oillies have been downgraded only 10-20% due to lower forecast oil prices for 2019