Member Info for Krakenoil

Wonder if this afternoons figures have been leaked ! hmm I wonder !

Might be better emailing Bumi and asking them as you will probably get a plain and simple answer !
Let us know what they say

Looking likely we are going to clear the 37p sellers today. Come on Enq strong push should do it !

Morning MO,
Another great post, Please Keep them coming ! Will be interesting to see how quickly Moody's upgrade Enquest as production climbs above 60K

Look at the trades coming through lol How blatant is that

Not sure when that data is available to be honest

Cushing still falling week after week ! How much left ?

Crude: -6M Gasoline: +3.1M Distillate: +1.8M Cushing: -576K

Must be one of the other two surely! Was hoping for 12 days but looks unlikely now !

My money would be on AS. For Hook up tomorrow morning !

Someone's taking advantage of the little drop this afternoon, 9 x 20k buys so far ! look to be the same buyer I would think.

Enq living up the the usual unpredictable SP compared to the oil price ! Come on give us all a break ffs ! A return to normality so overdue here !

Our piers are having a good day by the looks of things ! Genel flying ! up 12%.
37p looks to big a hurdle to jump for us at the moment. Another run at it this afternoon may be enough !

Thanks Dol03 that's a great response !
Anyone else got any useful info they can share on how the book is looking ?

Can anyone see how the book is looking as 37p is obviously a large hurdle.

We like a few shorts hedging their long positions! Soon enough they will drop off and pushing our sp back into the mid 40’s or maybe along with good H1 results into the 50’s again. Jan give them a invite to the 60p party lol

Well I’m gutted to say but we have all been well and truly shafted ! What a joke !

Right let’s put UKOG market cap into perspective shall we. So at the moment 20% of the Kraken oil field is up for sale for around 500m for production of let say 8000bopd so that’s valued at £62.5k per barrel ! And would give a new company with this as the only asset the have with zero debt a Mcap of £500m ish Ukog need a production of around 1663bopd to match its current Mcap if the above is a rough value, obviously inland oil production is cheaper but had other issues of transportation etc to contend with. We have to you proven fact as to value Ukog not just hype or what ifs ! So my question is why is the current Mcap so high ?

Who remembers what I said then ?

Talk of a quid a share ! We need the 60p party first ! Brent back to 100 bucks for 6 months and we probably will see a quid plus !