Member Info for Krakenoil

Squif you think AB would let Enq go for £520m you must be mad ! I very much doubt He will sell 20% of Kraken for that !

Squif we don’t have production issues as Enq also stated to me today was even if K carried on at the Same production rates as we currently have the forecast of 50-58k for this year is still on target ! (I took that as very positive, as must mean our other assets are performing very well)

I had asked Enq a fair few questions this week and one of those was regarding the FPSO capabilities, basically can the boat handle 50k or not ! They didn’t answer that as a yes or no but did explain the situation well. Currently the well testing is ongoing with lower reservoir pressure than we had earlier in the year (Part of acceptance) Currently increasing the pressure as we speak but very slowly so production rates will increase from last month. (Also part of acceptance) so it looks like we will soon be back up to pre shut down rates ! 40k plus ! I take it we have wait DC4 to reach target production of 50k. It also sounded that ENQ will hang out the acceptance as long as possible.

Squif is correct with that every dollar above our BE is in theory bottom line profit

I wonder if a late afternoon climb is on the cards ! Game Games Games

So we are down 10% from yesterdays highs. Come on Enq you need to get a grip of this now ! Its a total disgrace to be quite honest ! Our Sp shouldn't fluctuate more that Aim Stocks ! Allowing this market abuse doesn't attract the large investors you say we are lacking !
Laughing stock for a few !

I did think about it yesterday, slice a chunk and trade this now, shame I held ! Next time Im trying my luck with it.

How low are we going this time ? Can’t beat them join them ! Next little rally, I’m going to start trading this ! I can’t bare the manipulation!

Back down to the weekly low !

Well that Broker rating didn't help much did it ! Back to where we were before, probably end up back in the 32's knowing the manipulation that's rife here !

Here come the trolls again, most with less than 60 posts to their names ! Obviously keep getting band for the same reason ! K has already produced 50k as stated in the previous RNS ! Being the experts you think you are you will already know that. AK will produce 50k plateau when good and ready ! AB probably saving ramp up for $90 oil !

We didn't get the repairer spike nor have we managed to hold 36p ! Oh well always next time

To set the cat amongst the pigeons is a Tr-1 form notification of a major shareholder increase or even a new one. Its wont be long Im sure.

What go's up must come down ! Stupid statement, More like what go's down must come back up! 5 year highs of 150p with much less production and more importantly a much smaller company back then as well. We are a growth company and the future is very bright indeed.

Why would you want to sell when a re-rate is just starting?

Maybe this upgrade might see the end to the two who have been manipulating the SP over the last few months. Well lets hope the volume starts increasing and puts an end to the games they have enjoyed !

Agree Jan, will we hold a long awaited repairer spike today ? I think we might even see 15% rise into close ! First of many on the way ! lol

I read on twitter yesterday that he is trying to set up a meeting with Enquest and report on it, a Dark horse mentioned ! Enq being so tight lipped its difficult for anyone to write up on them.

This is what the market has been waiting for ! WOW

The stock is reacting the same as Genel did, then all of a sudden off it went from 69p all the way up to 290p. Our SP will follow soon enough !