Member Info for Krakenoil

I bet there are a lot of Pi's glad to get out of this stock today ! Lucky exit

You have put the kiss of death on it !

Shhh ! Ffs don’t ruin it !

Miserable day for Enq shareholders ! Where is the resistance ? Who would have thought with Brent at $76 we would be struggling to hold 31p !

I remember reading that Bumi wouldn’t receive the contracted rate until Plateau is reached 50k and run non stop for a set period and that would coincide with acceptance from Enq ! Haven’t read anything that has changed other than Bumi moaning last year saying the Kraken field was unable to support that production rate but Enq was having none of it ! Bumi signed the original contract and haven’t fulfilled there side of the deal yet !

I get so annoyed with Enq sometimes as fundamentally we are making good progress in recovery but the company is so tight lipped it causes low interest along with low volume making the SP venerable to manipulation! It doesn’t have to be like this like I’ve said a thousand times before ! More along with the time like every other company! It’s not bloody difficult!

Someone please tell me when this ridiculous AIM style manipulation will be over ! Why haven’t Enq addressed it, as CEO and largest shareholder I wouldn’t want my company Mcap being controlled by a third party!

Bloody bell ! What’s gone on today ? Another hammering I see ! Brent at $75 and Enq 31p why ? Why why !!!

Feel sorry for you ! I sold out at 7.6 never looked back

I think the oil price will be pushed down by everything possible to get it as low as they can before to opec meeting as to make any production raise look to much ! Saudi and the rest of the opec members all need higher oil prices - Fact !

Funny that we are now seeing weekly builds ! The oil price is struggling to hold the current range! I think if opec raise anything other than very slight Brent will head back into mid 60’s again and they will undo all the good work over the last year or so ! They know this and will tread very carefully indeed!

Crude -730K Gasoline +2.33MM Distillates +2.1MM Cushing -730K

Still being controlled with all those tiny trades, how are they able to move the SP so easily that's what I don't understand !

I’m annoyed and feel ripped off that we haven’t been able to hold around the OO price to be quite honest! I expected with a much higher oil price than when the oo was taken up our Mcap would at least Held up. Has this still got the blood of Ritson running through it ?

Can’t wait either Chilt, to hold Enq without the manipulation would be a great relief indeed, I wait patiently for that day !

I think all the doom and gloom over the last few weeks regarding Opec was way over done ! the media jumped on it and blow it out of all proportion as they usually do, caused a sell off and now the facts are becoming clearer buying pressure has resumed ! Our SP will probably be the last to make up ground but the market is keeping an eye on us now, wouldn't be surprised to see a few interested II's taking a position once the Opec meeting is out the way.

Brent surging towards $77 now

I cant copy the link for some reason, but look on Hargreaves Lansdown you can see them all there.

That's correct, they are still being very conservative. Hopefully we may start seeing regular upgrades as the year pans out. Barclays next and they have always given Enq a very poor rating none I might add proved correct.

I see Jefferies have increased target price from 27p to 35p this morning ! Its a start I suppose !