Member Info for Krakenoil

How is a SP of 3.8p rewarding shareholders when rewarding shareholders was at 5p ? My 5p OO shares are now worth 25% less than when I bought them ! That's not a reward that a kick in the teeth !

I do find it a disgrace! I bought the OO at 5p as this was supposed to reward shareholders and lift the company to the next level ! What level I should have asked ! 5 steps down was the answer ! Rising oil should have been sufficient to see a recovering Mcap not declining!

I’m beginning to lose patience with this company now unfortunately. Rising oil prices and the company isn’t improving ! We should be seeing our Mcap rising along with oil prices but it’s actually dropping! Our sp has declined from 7p this time last year to 3.9p with Brent climbing from $55 to $85. Over 50% higher oil prices the SP has dropped 45% That’s not a great achievement is it ! It’s a disgrace to be quite honest!

Better off to sell our nil paid shares and then use the cash and the cash set aside for the 21p shares to buy in at the current price ?

They are just manipulating the sp again in order to buy as low as possible, same as the last year or so, doing me a favour lol

L3 My production forecast for 2018 is 59k and I'm expecting Moody's to upgrade Enq again before year end as production rises above 60k bopd

Well the sun is up, its a glorious morning, once the Pi's have finished selling stock to pay for the 21p shares we should see a nice rise, glad I topped up yesterday, couldn't pass that up. Well oil still very bullish heading to November. $100 oil looking very likely towards the end of the year going into next, Fantastic for Enq and all oillies.
Fill ya boots everyone

That’s because Pmo has a huge amount of day traders jumping in and out causing large volatility

Oversold territory now, cant resist at this price

This is so over sold now ! Panic certainly works doesn't it,

What did you think they would do before Iran sanctions are enforced in November ?? Lets drop the oil price quick so we can short it and make everyone panic, buy buy buy and then boooommmm up we go fully loaded longs come November !

Well looks like we are in for another gritted teeth day will oil down another dollar so far !

Nice deramp to end your last post L3 !!
Why haven’t you sold out then ? If that’s the case !
I’ll tell you why.... your desperate for a cheaper buy in price aren’t you.

Oiluser why have you started this shyte again ! You really don’t learn do you ! Ffs give it a rest !

Romaron I wouldn’t waist any time on him, all he is a blatant deramper. Worked him out after the first few days of him posting !

Look at the Brent oil chart over the last 3 months, same pattern forming, ready for the next move upwards.

Am I out of the cage yet DD ?

Here we go ! Now where's that 127p

DBNO target 127p pmsl !!! This is now well oversold in relation to the oil price and Im expecting a bounce going into close this afternoon, You will of course tell us all later that you bought in on bottom so we can give you a round of applause ! How much do you want to bet on seeing 127p today !
Put your money where your mouth is .........village idiot

MVP its the traders such as yourself that make the Sp volatile ! What a stupid comment to make ! How much more profit do you want in 2 years !! Warren Buffet would be over the moon with that return !