Member Info for Krakenoil

Looks like tugs are with the 2 shuttle tankers now, so transfer must almost be completed!

Look at all those tiny trades desperately trying to hold the SP down. When the wave comes nothing can hold it back !

Don't think the draught figures will affect our SP to be honest, but settlement is returning, A leak on the bids for K would be great :-D

Oh look its Green Hydraides ! Shut up you silly boy and toddle off somewhere else

Our current SP is still way oversold and will bounce back up soon, take a look at the chart over the last year, If will follow the pattern then we should be back above 40p within a month ! We need to break that 44p barrier !

I believe the market has already priced in the Opec production rise, but the Iran sanctions are unknown how it will affect the oil price yet, I don't see it spiking as many forecast but I do see Brent climbing towards $90 towards the end of the year.

Lagging behind this morning but I'm sure that wont last, back to 33p by lunch time. �.

I don’t believe that ! OPEC need higher oil prices and that was why the cut was agreed, no way will they undo all that hard work ! I think it’s priced in to be honest! We just need some interest back here !

Morning Chilt, I think the raised production that Opec are likely to agree to has already been priced in, Both Saudi and Russia already raised production in May so I don't think we are going to see much of a oil price drop. But with Iran sanctions coming into play later in the year we are going to see oil rally again, Saudi wants $100 oil and will slowly slowly achieve it.

Morning guys, Hope everyone had a great weekend. Consolidation is the name of the game here now, Enq is very cheap at current prices so we should be at the bottom of the curve now. We are due K sign off within the next few weeks and if Enq can carry on hitting the targets as set then hopefully plateau 50K by the end of H1. Would be even better if we had a few leaks regarding bids for the 20% !

Talking to the press ! As if they will care ! Greed has caught out a lot of people here unfortunately! But that’s just AIM stocks ! Only gamble what you can afford to lose!

No way will the sp hold, people are going to run for the door in the morning trying to salvage what they have left ! I suspect this to drop down to 0.5p within minutes ! IMHO

Fern - The other thing to look at is Kraken field has the possibility of expansion with further wells introduced in later years !

Well done to all that have shorted this stock ! Looks like you have cleaned up ! Total disgrace !

Fernan that’s a little incorrect isn’t it ! Come on if your going to deramp then make sure your facts are correct !

Afternoon Spindok, Are you referring to Taylor wimpey ? Didn't think they dropped down to 3p ! 10 years ago ? Look at them now up around the �2 mark !

Morning guys, Takeover bid now that certainly would set off the fireworks! I’m thinking even if the market got evidence of strong bids for the 20% would send the stock price flying !

This could very well be the end ! Dread to think what price this will open on Monday !

Must try the Rose tonight, chill out and hope opec give trump the middle finger and Brent pushes to new yearly highs again. Let’s face it all oillies still licking wounds from the last few years, they all need a run of much higher oil prices to pay down the debts and have enough to re invest !

Money Managers Cut Bullish ICE Brent Crude Oil Bets By 13,810 Net-Long Positions To 438,186 (8-Month Low) Rig count up just 1 JP Morgan cut it’s WTI price target to $62.20 Are we going into a period of lower oil prices or are they clutching at straws? Maybe just to get OPEC back up !