Member Info for NewKOTB

Latest Trump tweet:

Donald J. Trump
@realDonaldTrump
·
1h
.....Could be as high as 15 Million Barrels. Good (GREAT) news for everyone!

Latest Trump tweet:

Donald J. Trump
@realDonaldTrump
·
1h
.....Could be as high as 15 Million Barrels. Good (GREAT) news for everyone!

What this POO move will do is sharpen the minds of anyone interested in a farm-out or t/o to realize, time and market may now be moving against them.

atb

sasa,

I retired on 31/12/2019 ..... yep, then all this kicked off.

Best laid plans and all that ..... oh well.

Worst part is, I now have missed out on all that free cash the government is throwing around too !

"They can suck my hairy balls.."

I find that LadyShave works well for that ..... and I'm not talking about the razor.

atb

Brent topped $36 (wtf) for a brief second before falling back ..... guess all those that has shorts, slammed them shut asap ..... hopefully at a loss, but probably not. What this Tweet will do is show all it needs is Trump's thumbs to do the talking and the markets run for cover ... so they will be more cautious in future .... massive spike that was ..... unbelievable !!

Just under $30 atm so all we need is for there to be, as Trump mentioned "maybe substantially more.." than 10mmboe cut and we are on our way ..... the Saudi's and Russian have acknowledged their limits at long last.

tbh ... don't give a f**k about traders ....

Investors are the life blood of companies, not traders imo

Big Dua Lipa then ....

Guess order wanted filling.

My post from 26 March ...

The main point to take from this is on 29/2 we had £272m (£20.75/share) ..... now ONLY 24 DAYS later we now have £287m (£21.89/share) ..... even in these low POO conditions.

£15m CASH added in 24 days ...... and we have not been eating through our cash like some on here have been shouting about. Yes bills still need to be paid, like revenue still need to be received .... but on the whole, I would say the status quo exists atm .... amazing.

Well done AA and the BoD.

They were not eating into cash as it was ..... hedges in place !

NMH,

Where have you been for the last 6 minutes ... lol ... in a bunker !!!

Donald J. Trump
@realDonaldTrump
·
11m
Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that they will be cutting back approximately 10 Million Barrels, and maybe substantially more which, if it happens, will be GREAT for the oil & gas industry!

fallen back ... poo now +23% .... but NatGas flat !!

"Energy stocks will be one of the first sectors to benefit from the turnaround ... be it, this month, next month, next year.."

Didn't expect this afternoon .... poo +30% and rising !!!

Toff,

Quick to change your tune .... wonder why ...lol

Recent quote from you the other week ... "Centrica is actually rated as a strong buy by 5 different brokers right now. Horrible sentiment surrounding it, but it’s a gamble that could pay off.."

Energy stocks will be one of the first sectors to benefit from the turnaround ... be it, this month, next month, next year ... and will no doubt overshoot too !
Should SQZ be able to survive without being takeout, in 12 - 18 months, we should see all time highs once more.
In the meantime .... all my retirement plans are on hold..... it's painful, very painful atm, but will get better imo !!

atb

Just need the Saudi's / Russians and probably the US to agree on something to put a floor under POO ....

Will it happen .... I think it has too, and soon ... green shoots today !

aimo

"Spirit Energy divestment process paused until financial and commodity markets have settled..."

Centrica Trading Update RNS this morning.

I have unit calculated revenue at $22.10 boe using Brent $24.75 barrel (£20) UKNat gas 16p/therm and all current hedges for gas (BKR BP PSA and SWAP's for Q2).

Gas revenue $21.42 boe, Oil $24.80 barrel, combined unit revenue $22.10/boe

Last quoted unit capex of ~$13/boe vs today's est revenue $22.10/boe

Please feel free to check these figures.

imo

Even at these prices, SQZ still producing well above our unit capex of ~$13/boe