Member Info for Krakenoil

Who’s ready for a great Santa rally ? I’m loaded up and ready for 100p plus before year end, 150p end of Jan 19 ;-)

How much will it be worth ? Will Pmo sell it and pay a huge chunk of debt off ?

Well that’s killed all hopes of oil prices moving back towards $70 ! Trump Needs removing fast ! How are all these countries bending over and suffering badly for this moron

Trump must realise the fact that if we don't have higher oil prices then the decline rates will be become higher than new oil coming on line and we end up with a huge price spike a year or 2 down the line ! Trump probably doesn't care about that as he must know he wont be in power then !

L3 I have no idea why you keep on posting on here, your clearly not invested and you obviously get off on the fact that you think its clever winding investors up with your blatant bending off the truth and highlighting any possible negatives. The market has already prices in the fact that K plateau will be lower but with longer peak production rates, the oil is still there and Enq will be paid for it ! You never know it might be at $100/b down the line

I wouldn’t be at all surprised if Enq makes a offer to settle the lease/purchase on the Armada !

Opens +2.1% $60.74

Riskingit your talking of the bonds sliding and that a sign of trouble ahead ! Have you compared the Bonds of all the mid caps ? They all have identical patterns on the chart. So I would say that is down to the drop in oil prices caused be the huge sell off in commodities ! Nice opportunity at the current level in my opinion

Blimey all this talk of can Enq survive bla bla bla really !!! We have had a oil sell off and we are only in to the 20th day of Brent being below $70, This is what our Hedges are for ! Declining fields across the rest of the worlds is what the market now needs to focus on rather than the top 3 squabbling ! 50% of the worlds production comes from small producers who have suffered the same as us, lack of cash to invest and this is what is going to be the supply problem over the next year or two ! $100 could come very quickly as is much more likely than $40, specially when the 3 top producers have little or no spare capacity left !

I think Tullow is the first of the mid field runners to reintroduce dividends, Pmo won’t be to far behind then followed by Enquest Patience Sauer !

Tullow to introduce Dividend payments again ! https://www.ft.com/content/3b50baae-f3b9-11e8-9623-d7f9881e729f

Let’s not forget the fact that Flybe are in serious trouble! These sharks swimming round will want the carcass as cheap as possible!

Back to year high by the new year !

HN is underway and pointing towards Kraken, but destination not updated as yet

Selling oil into close...… Bloody typical ! Bounce at 4.30pm as usual !

Well Tullow just turned green, Hopefully a strong push into close.

Squif- That’s quite a chunk to buy without pushing the price right up !

This oil price crash doesn’t reflect the actual market balance! Venezuela running out of fuel, China imports at record levels, no spare capacity as everyone pumping flat out, Iran sanctions will begin to take effect, Shale pumping at a huge loss now, This won’t last long !

Just read a Bloomberg article from June this year, interesting that Opec members said fair price was between $75-$85/b Saudi and Iran said $100 was reasonable price.
Now look !
Every single opec member must be furious now ! Saudi having kicked them all in the nuts bending over for Trump to slide it up em !
This ain’t over and I would imagine Opec will be pressuring them badly now to put correct this mess they have caused !
Saudi need much higher oil prices full stop ! I can’t see oil staying low for long !

Just read a Bloomberg article from June this year, interesting that Opec members said fair price was between $75-$85/b Saudi and Iran said $100 was reasonable price. Now look ! Every single opec member must be furious now ! Saudi having kicked them all in the nuts bending over for Trump to slide it up em ! This ain’t over and I would imagine Opec will be pressuring them badly now to put correct this mess they have caused ! Saudi need much higher oil prices full stop ! I can’t see oil staying low for long !