Member Info for mrc_mrc_mrc_mrd

Lol, according to their website they are turning over rocks all over europe to find gas assets!

Hopefully they are in the office this week and get the press and journal delivered. Maybe the boys at Gneiss will alert them?

https://www.google.co.uk/amp/s/www.energyvoice.com/oilandgas/north-sea/295009/knoc-seeks-sale-of-10-of-dana-stake-in-tolmount-project-report/amp/

Could see a serious collapse here. Very easy money for those who can take out leveraged positions.

Also my last post was on Monday!! So I'm not that quiet!

Still here Chris, just very busy in my real life and also feel we have discussed it all to death.

Let's hope something happens soon. It's getting very stagnant and boring at 1p. Can see a slow sell off as people get fed up and move on.

All the ducks are lining up now. Happy for the SP to sit here before the market is informed - next week ops update. Hopefully get a little colour other strategy for debt, and (I doubt we will) but something on kraken premiums.

The net debt position should be reduced I hope with stronger POO in the last 3 months and presumably no Capex spend or invoices being paid.

If we say average realised oil price of $48 and unit cost of $33, and production to ENQ of 40k. I think we could see net debt reduced by $50 million since last update.

Ammu will need to be quick to get his shorts off tomorrow morning. Could even see a gap up to 14p

We got perth stake basically this way too...

Just need to get developing. At least platypus was well on with a development plan. Hopefully PMG can get that submitted this year once dana clear out.

Looks sensible hitman.

$400 million reduction next year with let's say $150 million capex spend to halt declines. Just need POO to hit those goldman targets for H2 this year and it is all achievable.

Excellent

Doubt it Ammu - same a cross the boards. Uncertainty about lockdowns and US stimulus IMHO. Once vaccine impact becomes clear we will see a move IMHO

Lol have you sold out again Ammu??

Make your mind up time IMHO

Choo choo!

Seems like about as much as a dead cert as you can get ref the india award. I'm expecting a payment in full on day 90 to stop enforcement action.

Great chance to accumulate IMHO.

Looking forward to the market buying me a new car when it finally wakes up!

Hey chilts - any sign of load 86?

That's 8 days now
.cheers
Colin

Anyone else think we could see a gap up tomorrow?

Mrsc mrsc mrsc mrsd is desperate for a rise soon!!

The barron is not daft. He will be holding on to his ENQ shares and probably accumulating. Excellent value with oil in the mid fifties.

https://www.heraldscotland.com/business_hq/19029804.north-sea-oil-boost-prospects-hailed-most-attractive-world-glasgow-offices-set-roar-back/

Thanks Chris - reinforces my view we are as well getting shot of this if we can. On past performance we will end up with the licence in 2025, and SCIR certainly can't afford that .

If we can get your 20 mil then great

Christ, don't encourage him modestus. He'll fill the board with even mores self satisfied pish.