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mrc_mrc_mrc_mrd
Posted in: ENQ
Posts: 5,321
100% agree with E121We have plenty hedged already.PIs always want a panic hedge when the price goes up a lot. Wait until things stabilize (hopefully at a much higher level).
Put Enquest Producer to work.Around 40 million barrels proven /probable.EP would just need a sweetening plant.
This is the time when leverage is your friend. Re-rate.AIMVHO
And could be 50% down tomorrow. A share like HUR is a much bigger gamble than ENQ. Full of AIM idiots. Exciting but a good way to lose all your money if not careful.
Romaron,You need to use more exclamation points!!!And words like stonking.And talking about how we are all going to be filthy rich and stinking of 20s!And shorter posts. We want them buying not nodding off!!!
If this gets back to 30p I will be taking a few years off the day job!
This looks like it could be it.Train leaving the station etc etc
Stonking
Oh, never mind, I'll do it myself!https://www.reuters.com/article/us-global-oil/oil-rises-on-fears-of-heightened-tensions-in-middle-east-idUSKBN2AF013
Perhaps ENQ should drill at Magnus this year.
The market is doing its job and telling the world to produce more oil IMHO
Should be a good day tomorrow!
Just wow
https://www.thedailymash.co.uk/news/society/millions-remember-the-martyrdom-of-saint-pancake-201202214919
Yes, Ammu called it wrong last week. Someone else was on last month telling us oil was overbought at $55. I would be careful calling the top of POO!!Mind you we now have a next level trader involved. ROFL.
How much is being produced at Dons? Just wondering if ENQ could decide to delay CoP now the POO has improved even with lack of gas lift.
Indeed, seems like she has averaged around 40kb/d so far this year. Absolutely stonkers.
I don't know of any site that collates the information. These are the ones I am aware of...https://www.energyvoice.com/oilandgas/north-sea/289843/bp-relaunch-north-sea-sale/https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/012121-exxonmobil-in-talks-to-sell-uk-north-sea-assets-to-norway-investor-hitecvisionhttps://www.energyvoice.com/oilandgas/north-sea/267406/cnooc-scott-platform-buyers/https://www.reuters.com/article/knoc-ma-northsea/s-koreas-knoc-seeks-to-sell-north-sea-assets-document-idUKL1N2K31T7
$11 premium to brent for 11.5 API
https://www.spglobal.com/platts/en/market-insights/podcasts/oil/021121-fuel-oil-markets-focus-global-demand-returns
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