Member Info for mrc_mrc_mrc_mrd

Yes...geological issues at HUR. Not a viable business IMVHO.

They got a lot of interest and partners early on but the early production system has disappointed.

Also CNOOC trying to offload Scott. Near field opportunities there with Parkmeads 100% owned perth field.

Too high risk for my liking Twalbyoff. More problems to be found there IMHO.

BP Andrew and other assets are on the market for $80 million which is a much better bet. One careful owner, proven and predictable.

Certainly possible Ammu.

We have pulled ourselves up to 14p on little volume so if we get another few high volume days next week this could re-rate. AIMVHO.

I would like to see 30p by the annual report.

We are still on the ground floor here. Way behind POO rise. The debt risk has largely disappeared. Finances simplified. Production back up to around 60k with the GE deal.

Hi E121,

Yes I certainly think mid to high 60s for the next few months.

Hedges were prudent I think given the debt due in October. Might even have eased things along with the banks for the refinance. Bit disappointing given VLSFO seems to be well above our cap. But we still have a goodly chunk free riding.

I do hope it is our last hedge for a while though. Maybe get 25% hedged for the rest of the year if we go to $70.

Once it gets $60 it will probably want to get comfortable and have that as a psychological support. Can see Brent approaching 70 by the time our next report is out

Rommy - we have seen it before with ENQ - when she wants to move boy does she move.

I am now holding for 100p ENQ and $100 brent

I'm not sure we would be safe at the party AMMU!

Jan - this baby has now breached!!

Should breakout from here IMVHO

Better late than never AMMU ;)

Welcome aboard!

This train don't stop!!

AIMVHO

Starting to look very tasty now!!!

Will 14p be breached?

New name above the door but the same types in charge.

Finish in the blue IMHO

I can't even be bothered to read the complete bollcks you guys are posting.

Can we stick to Enquest / oil?

Can we have Chilting back?

Lol good one Romaron

Just patience now for the re-rate!!!

I wonder if they will decide to hang on to scott? Some growth to be had developing Perth.

https://www-energyvoice-com.cdn.ampproject.org/c/s/www.energyvoice.com/oilandgas/297217/cnoocs-capital-spend-set-at-15bn-highest-since-2014/amp/