Member Info for MatrixObserver

If Magnus crude, is obviously only 25% WI at present... But almost certainly some Heather (inc new bonus well) @ 100% WI, or Thistle/Deveron @ 99% WI Have good-un MO

Well spotted Chilts... Cherokee is first dual/partitioned tanker load MO's witnessed... Is total of approx 1 million barrels off to USA... Is valuable cargo of SVT + Kraken... Good on the ENQ... and good luck ENQers MO

Hi Hamyfield 24-30 hours for offload is normal... AK offloads at approx 18-20k barrels per hour... I don't believe it affects sign-off process... Q88 draught calc has 11.9m with 14api and winter seawater = 488k barrels... Offload #13 (Amundsen Spirit) - Started: 11/4 06:30, left 12/4 08:30 (26 hours) - Draught change: 2.8m - Estimated Offload: 450k-500k barrels Next tanker (#14) due around 23/24 April... Good luck MO

Squif... Is called Perception... If bought lots ENQ at 23-27, then sold lots at 44p... Is good or bad returns... MO in wishful thinking mode... Is all about how perceived... Is only MO tip Good luck, 27p is very GOOD price... MO

DD... Squif did admit to smiling... Is progress in a world of pantomime... Best wishes MO

If holding CASP to matrix standards (are very high) and permits approved... A5 should/must be flowing following coiled tubing operations... 801 sidetrack, milling complete, must be nearly half-way done... 280m left... is guess... MO is tough and demanding... and at 146 nodding-donkey is working heart out... A8, still preparing where to drill... Is MO's guess... Monthly update soon ????? Shallows prod license from July and Brent Poo @ $72... Good luck CASPers MO

Full Steam Ahead.... Is more Nautical MO

Love ya DD Squif is being nice.... Still negative. but at least nice... Is almost friendly forum... Good luck all MO

LOL KO... Was gunna offer Squif Barclays super-saver account @ 0.5% per annum... versus super-ENQ @ 4% in day Just to see if he could smile.... Can you Squif ??? Can LOL @ MO, MO does ;-}

See what done hydraides... Have caused an earthquake... Have stirred the Squif... Cheers, was having positive afternoon before end-of -world... Please pass razor-blades... ;-} (is joke) MO

Why frustrating... Maybe if trader.... Anyway... ENQ waiting for MO to average up... MO resisting for minute... MO

Chilts... Can make that since Nov 2014 now :-) Booooooooooooooommmm MO

Spot on Chilts... Is now starting to eat into big-fall of 2014... Is plenty to chew on... Give it 3/6 months and ENQ will be @ 70k+ per day, post PM8/Seligi new wells, Magnus and Alma fix... Is only matter of time for Mr/Mrs/Miss/Mizz/Oth Market to reflect... Will be closely observing... MO

We'll see Chilts... Makes sense and reduces overall transport costs etc... Still think possible for Searanger to take load, has been floating around a while, doing a bit of tankering on the side ;-} Would be good/different if Cherokee !! Could be start of Enquest Premium North Sea Blend... Hope is start of bright future for Sullom Voe, with new exploration north and west of Shetlands may keep the Isles busy... Take care MO

How underhand when accurately described during presentation of FY 2017... Can see... https://seekingalpha.com/article/4158135-enquests-enquf-ceo-amjad-bseisu-q4-2017-results-earnings-call-transcript?page=8 i.e. Stephane Foucaud "And lastly, the $24 per barrel OpEx, does that include the FPSO rate for Kraken? not but checking. " AB answered... "In terms of the OpEx, the lease is excluded in this. But we do have in that $24, I think as Jonathan showed, the workover program. And that adds another $1.5 goes about to the workover program." AK OPEX target is $14-16 per barrel, lease is approx $10 per barrel at 50k Other assets have differing OPEX... MO

MO can give some good news... When AK's maintenance was brought forward to early March... Brent Poo was $64'ish... Now AK is pumping hard when would have been shutdown for two-weeks... Brent Poo is now > $71... 2k barrels gross every hour !!! Even offload today ;-} Magnus been drilling since Jan... Not long for them to come online, plus good subsurface learning !!! PM8/Seligi Drilling planned for two wells, due to start, may have even started... Few months closer to fixing Alma... Sure lots more... but enough to get on with... MO :-)

MO's happy that's nice posh and modern Amundsen Spirit for #13, with very efficient dynamic positioning... Matches AK paint work too ;-} Is only 10 days of production since last tanker left, so think is ramped-up to circa 50k bpd For any new ENQers or unfamiliar with shuttle transfers, can watch a good video involving actual shuttle tanker due at Armada Kraken... Has some music and good bit starts 1 minute in... Is still quite thrilling to watch... https://www.youtube.com/watch?v=GxfOd3l1WFY Hope all ENQers have happy offload... MO

Yeah.... Last tanker #12 Offload #12 (Stena Natalita ) - Started: 31/3 05:00, left 31/3 22:30 (17.5 hours) - Draught change: 2.1m - Estimated Offload: 300k barrels MO

Dol03... Every problem/dry well is bullish for Poo... Sucks when is company invested in... MO's had a few... Good luck finding the gusher... MO

Fair enough Dol03... Was just an observation today.. MO watched previous TV with some living above frack wells, turning on taps with gas and water coming out, suppose if can separate, can get free gas :-) At least can now understand how happens lol... Soz and wish well... MO