Member Info for MatrixObserver

Just meant about you moaning because no detailed financial info was given... Was AGM and Ops update, not FY, interims or report... Don't want to talk more, feel sad today... MO

Squif... To be fair was Ops Update... MO

Agree with much E121 Everything to MO was as expected, happy with way going, just a little more concerned with AK (considering its importance to ENQ portfolio and cash-flow), better to know early if an issue exists. Need to see AK returning to the 40k+ asap... AK gross to end of April of 30.4k, compounded by delays in tanker offloads in May, been waiting for 17 days for #16 makes MO a little concerned... MO luvs ENQ and is true ENQer... Think need time to see if next tanker duration gets back to what is needed... Best wishes MO

Hey acchi... From recall, Richard Hall stated in March webcast, that Kraken was down for just over two weeks at the beginning of March... Brain has ceased so unable to do complex maths at present ;-} but agree is around 34k gross Hopefully duration between #16 and #17 is back to usual 11/12 days... 7/8th June would be good... Good luck MO

Was all-in-all neutral-to-good update... but has left MO a little concerned about AK's potential to deliver as initially thought. The update has added to my very recent (post weekend) concerns about AK, as even of today still showing signs of under-performing versus 50k plateau target and load #16 zig-zagging is not helping one bit. 36k excluding the shutdown, wtf... Post optimisation performance indicates plateau more likely in 35-40k's and won't nudge into 50's until DC4 (this was original FDP). Good points are obviously new drills and free to hedge at higher levels... but will they mitigate if AK under-performs... Need to weigh up pros-and-cons... At least can observe offload regularity when tanker watching, is one benefit, On to load #17 will show if improved, as they need to, at least have Poo as comfort blanket. Good luck all MO

GD... Normally issue Ops Update with AGM, did last year and had 4 months to end of April prod figures.. http://otp.investis.com/clients/uk/enquest1/rns/regulatory-story.aspx?cid=201&newsid=876721 Magnus 75% is $300m MO

LOL CC, hopefully will partake in alcoholic beverages soon... Thought was topical, discussing horse racing, fillies en-all... Just trying to calculate how fast they drill, so far getting to about 13m per day... Any tips for the gee-gees... Good luck MO

BNG Classic - First to Flow Stakes... 5000m Flat - Going good to firm A5 - 1/2 801 - 11/8 A6 - 28/1 Hopefully the race will be finished before 6th June, is MO's guess for 801 at TD Good luck all, never know, A5 might already be flowing... Is a stretch, but as long as none pull-up or fall And they're into the final straight :-) MO

about wild-catting any wells... Looks like ENQ giving it a miss in this round... https://www.ogauthority.co.uk/media/4881/30th-round-table-of-potential-awards-by-block-may-2018.pdf Have plenty to do anyway... From FY statement... �Beyond 2018, the Group has significant potential within the existing portfolio, in particular at Magnus and PM8/Seligi, but also with potential future developments at Kraken, positioning EnQuest to deliver long-term sustainable growth.� See you all tomorrow, bright and early... Good luck MO

For April AK about 44-46k produced, offloaded 1.2 to 1.3 million barrels from April's production... Is really best guess... Certainly feels like AK's best month so far... Probably around 33-35k boepd for other assets including Malaysia in April and MO predicts March will be worst of year, but pretty certain will have better months as drilling and workovers start to add... Good luck MO

Auson, I thought you were on about ENQ's net figures... across portfolio... I can confirm AK produced gross 38k for first two months... Also I meant 4 month average (not 5 as still in May) MO

Jan and Feb ave was just over 60k, March AK was down for optimisation works, just over two weeks so maybe 46k for March... Sure ENQ do a 5 month figure in May update, so maybe around 54-56k boepd Is only guess... MO

Hope Heather Knutsen's Tanker driver not drunk... Is past track from Rotterdam... https://www.marinetraffic.com/en/ais/home/shipid:381604/tracktype:8/lpt:1526948760 LOL :-) Probably sulking for getting sent to Lerwick when they first met... MO

Good points Jan and Chilts MO is sensitive ;-} with wild and vivid imagination... Have calmed a little now... Good luck all, hope for some nice EIA stats later... MO

Being a tanker watcher, MO is unsettled... Tankers even prior to optimisation works in March, were every 11/12/13 days, maybe not as big offload as now, but still consistent... Things were looking fine for last two bigger offloads (time measured), so why the delay now... If turns-up Friday morning is 18th day... FS Cygnus has visited on three occasions since #15 left, so is not just re-supplying... Bloomin better be final commissioning... Poo is the comfort blanket... Suppose we'll find out tomorrow... Good luck all MO

Props to others... Wonder if ENQ has applied for any UK blocks ??? or if any other of your fave oilies have been awarded... Results are out tomorrow... https://twitter.com/ogauthority?lang=en MO

In weight terms, for 14 API Gravity crude, I believe 6.4 barrels per metric tonne. Obviously storage capacity is also measured in volume, i.e. 1m3 = 6.29 barrels of oil More than enough room for a 500k+ load on Heather... Good luck MO

Good spot there E121.... Should be there during the 23rd.... Is about 500nm Last tanker left on the 8th, so either had a few days not running full tilt or something similar... 15 or so days since last tanker left, maybe ave of 35-40k, hope optimising is nearly done... FS Cygnus is there doing its thing... Good luck all MO

Sneaky outsider... Amundsen Spirit... MO

Karen changed destination to Western Isles, NNE of Shetland... The wait continues... MO