Member Info for Krakenoil

Until that happens I can't see any way out of this - We've been put in Stalemate by a cheat.

Surprised we haven't had any bids when we are sitting on such high Tax credits.
What are we worth ? What would tempt AB into selling out ?

The government point the finger of blame at the North Sea and tarred the whole industry with the same brush, they were so scared with what Labour were saying they shouted and screamed even louder before thinking about the consequences or the actual reasons behind high energy bills.
How can they now go back on it ? They would be crucified. Stuck between a rock and a hard place!
God knows how they are going to fix

Because the government have made the UK unstable and as a result of that UNINVESTABLE !

What always follows a panic sell off ? ;-)

Buy the dips

What always follows a panic sell off ? ;-)

Brent down $12 in 7 days.................Do we have another pandemic looming ? Lockdown ?
Savage

We all knew he wouldn't be able to eat humble pie and put a floor under the EPL, He would rather kill off North sea production rather than own up to being wrong.
What a nob

So what does the reducing the TAX for companies wanting to invest in the UK by 25p for every pound spent on plant and Machinery mean for the North sea ?

I suppose its a positive that he hasn't come back and raped us again.

Headless chickens running around screaming sell sell sell everything
Back to being very Patient again

Fingers and toes crossed

We are still making money so the risk of us failing to meet our obligations is low.
Pure and utter panic is in full swing, can you imagine the meetings going on in number 10 right now.
He needs to inject some positivity into the FTSE today otherwise 2008 is going to look lame

We are just going to have to wait another 2 years before we see any green shoots.
We are going to weather another 2008 crash or even worse

Go woke go broke !

The market’s panicking again.
Looks like is going to be a wrecking ball again.
How much more damage can the conservatives do ?

If Hunt doesn’t put a floor under the WFT then probably

What’s the point of a floor then ?

Governments are never fair even when then line their own pockets, it’s always way over the top

I've got a feeling that he will go for $60- $65 floor, He won't give anything away and he will use the average WTI oil price over the last 7 years.
Should be $90 or higher if he wants to call the Tax (Windfall)