Member Info for Mansardman

Romaron, I’ve seen you say that you questioned AB why he doesn’t just run the business into the ground. A great question. His reply “ it doesn’t work that way” ??

Did you ask him why not, or how does it work?

Re Bseisu at Davos. Words are cheap , he must be judged by his actions, or inactions.

Excellent forecast valuation Sek. This kind of look down the telescope helps disgruntled LTHs like me stay the course.

KO . The EPL is essentially a political move to keep Labour off the Tories back. Coincidentally it brings in enough to enable the squatter at No 10 to offset the price of allowing his banker cronies greater tax breaks. In all of this Hunt is the monkey , Sunak the organ grinder.

Stevo, was Enquest misled or did Enquest know. Great question.

A 60% drop in production in a year should surely have been foreseen in a rigorous due diligence . Could the massive drop been mitigated by Enquest factoring in an earn out on the price. Enquest deals have not been great to date, maybe dear old Mr Hunt will smooth out rough edges by blessing future opportunities we have. Won’t be holding my breath, but am hoping.

On the other hand, I am old enough to know that hope is not a strategy. Prayer mats out chaps.

No no, Golden Eagle can’t be a disaster. The big hitters on this board were telling the world what a smart move it was and how clever management had been.

Company assertion absurd , or disingenuous ? Comment ?

Hi Sekforde, happy new year to you. I agree that Trump being re elected will be a disaster, and in that case ~I doubt any of us will be worried about shares in a minor oil company. We'll be too busy digging fallout shelters.

I doubt very much that he will be re elected, even red neck right wingers in the US are just not that stupid.

At present he is a daily pantomime show, and his ridiculous utterances entertain the bored yank, but, a jail sentence from any of his 91 indictments will radically change the election forecast.

I'm more concerned with Sunak and Hunt and their notion of screwing the North Sea by windfall taxes.

Wishing all Enquest shareholders a happy and prosperous New Year, in particular, long term holders.

Mansardman.

Take your well made points Romaron, but it has been some time now since you were told by

AB that running the company into the ground was not the way things went. A lot of water has passed under the bridge since then. I’d like to be as confident as you are about his intention to stay the course. As a Tory donor he must be gutted at the way the business has been stymied by the Tories shotgun approach to taxing the oil business. The future appears to hang on the capriciousness of a party whose very existence is in the balance come the next general election.

That and the likelihood that the ideology of the probable incoming government has never been known to be pragmatic.

Never mind, jam tomorrow.

Ha ha positive news and Bseisu in the same sentence.

Enjoy your holiday Stevo.

Labour are desperate to hide the true cost of renewables and will lie to do so. Dodds’s comment is merely staying on message and perpetuating the lie first put out by Millibrand. Dodds is not the sharpest tool in Labours box, hence her replacement by Reeves. Ideology is a constant and an imperative in Labour’s MO. No change there.

Jeffrey the situation will end when Bseisu sees the best outcome for his own investment.

i'm more ****ed off at the dead hand of bseisu than anything millibrain spouts. the enquest ceo seems content to whinge about fiscal instability, lets see if he says or does anything to mollify shareholders in his next statement, thats if he decides to come out from under the covers.

Didnt expect to see Hunt and competency in the same sentence

You’re right Romaron, the board could meet and make decisions eight days a week, but until this anti business Govt ceases or sensibly alters their EPL, it will not make a blind bit of difference.

Pointless writing to politicians. They only ever respond directly if it is advantageous to them. Currently, Tories know they are galloping toward oblivion at the next GE. Nothing they say or do will save them , and they know that

They'll be entirely happy to leave the Socialists .an economic bag of spanners to play with. They are banjaxed and will not be in power fir a very very long time. Meanwhile the North Sea becomes a pariah area for Labour. Somewhere, a little middle eastern immigrant is sitting crying over his huge pole of shares that are fast becoming confetti. So we arenot alone

Half a million dumped at 1623 today. Bet they were Bseisu’s .