Member Info for Krakenoil

Google it FC or look at the broker ratings page on this site

Jefferies raises EnQuest to 'buy' (hold) - price target 20 pence

That’s great news R

Not sure that will ever happen unless Brent hits $150 and Labour don't raise the WFT

Why the drop this morning ? Brent is at $77

47p and I wont need a heat pump lol

Robert I work for shell and BP, Doesn’t give me any other info or knowledge that everyone on here. I paint there vehicles.

Just saying !

He is obviously seeing something very different to what the hedge funds are and isn't bothered whatsoever about the likes of JSO or the other eco tree huggers.

Shame we aren't on his radar as well.

K is currently running 1 train, train 2 should be back to full production within 2 weeks.

Q3 maintenance planned 3 week shutdown has been completed whilst repairs to the transformer was being repaired.

Magnus producing above forecast as well. They are drilling a sidetrack well at Magnus at the moment so that should also help.

All we need is to get October out the way and we should bounce back towards 30p

We have the $50m Golden Eagle contingent consideration payment to Suncor in July as well as the £111.3m (c.$140m) stub on the 7% GBP retail bond which is payable in mid-October. Also due in October is the c.$75m payment related to the EPL liability generated during 2022.

It’s going to be tight but once we have settled it pressure is off and we can focus on SHR - Hopefully

I get the feeling that we are going to struggle to cover the October liabilities, We might even have to refinance again to cover it.

We need the oil price to rise by at least $10 quickly.

Its going to be tight that's for sure

The old dangling carrot is rotting away.

The government took our share and they didn’t even have to risk a penny of their hard taxed income.

Robbed!

Is they any company out there that pays a dividend of 30% of there market cap ? 10% defo but surely not 30%, So If we finally get to a stage next year of returning SH $100m surely our Market cap would be sitting around £630m minimum.

The government should be hiking the tax on profits made on Shorting seeing as they were handed a monster windfall.

Spin unfortunately most of my hair fell out due to owning UK oil stocks. The past 5 years has taken its toll, I could paint my head pink but I would probably look like a co ck.

I thought this country was business friendly but now we seemed to have taken a leaf out of Putin's book and 'Just take the profits' Now no business is safe in this country.

What a fracking mess we are in.

It will be the banks next to face a Windfall Tax, then the supermarkets and when Labour get in anyone owning a second home as a pension will face a massive Tax attack forcing most into selling out.

Might as well all claim benefits dye you hair pink, join the slow walk. Soon there wont be anyone left on the roads to disrupt.

They are now pointing the finger at the BOE for pushing us into recession with the ever increasing interest rates.

Kwarteng's plan wasn't so bad now was it.

The Conservatives just re-tweeted a post from Grant Shapps:

British businesses are sounding the alarm on Labour’s plan to surrender to #JustStopOil

Industry leaders have confirmed that Starmer would leave the UK “starved” of energy - forcing us to go cap in hand to tyrants like Putin to keep the lights on

AI thought FFS how hypercritical is that after they are the ones that are killing off our North Sea energy/security!

Massive fire erupts at oil depot in Russia's Voronezh

How many more oil depots will they bomb

Let’s hope your price predictions are as good as your transformer predictions

Was it 12 month’s minimum you quoted?