Member Info for oiluser

I think the numbers are not manipulated although api is not known for accuracy. I believe there is a reason for the rises and its the type of oil. Too much light. And not enough export. Soon as the exports show up for new benchmark WTL numbers will drop quickly.

Think i'm going to go on the enquest bb later with the BE figures, just need to find my old spreadsheet on them. Last time i checked it was well over 60 and with capex same cant see much change from 60++. Ever wonder why that question is never asked or figures given at updates. Normally a key metric for o&g company to reveal. Not enquest. High Opex high capex vague adhoc repayments and entitlements on top of ever increasing debt re notes due to oil not staying above 65 for long enough. Gonna be interesting to see how magnus pays out but be sure its not the sweetheart deal you think it is. Enquest needs to be to match pmo improvement since oct. In otherwords pmo needs to rise 40% approx to reach 2018 high. Enq needs to rise 100%. Go figure.

If amjad buying is enough for you then good luck with that strategy. I wouldnt buy based on a ceo spending a few quid here or there. Its probably a tax write off for him.

Enquest still half what it was in beginning October. If PMO performed the same it would be 71p. Enquest has no upcoming oil projects. Its taken 2 years to achieve a 1 day record of 46kboed. And thats the result of spending.

Why dont you explain the 400fcf figure you mention. Over 65 they have to pay interest on the 1billion in notes. That at 7%++. They are using oil to pay under the table loans. Theres been 2 RI,s that i recall, and as result 600million additional shares. They havent managed a good update in years. Keep trying emu. Enquest is worst oily in NS. And BE is still around 60us. Nothing has changed there. Costs too high. Very marginal and if you believe the market mover ie the US instruction to keep oil pegged at 70 brent and 60wti is going to be lifted then this has a chance but unless oil moves up significantly then it doesnt. What replaces the eventual reductions at krakken and magnus. Theres no pipeline.

Mrd is jackanory and dick is the worst investor in the history of the stockmarket. Bought pmo at 550. Couldnt make this sxit up if i was on acid

You could change strategy and buy the dips instead.

Very Dickensian

Too funny! Maybe they will get a premium for the tar in the US, as they will need a lot of very heavy to mix with the diluent thats filling the storage tanks over there.

https://www.rigzone.com/news/wire/new_permian_oil_to_feed_global_markets-15-may-2019-158836-article/?amp

US has plenty of oil. But cant use it all. Hence the storage numbers. Rigs down will cause production reversal in a while. But its easy to see that shale is putting the stops on oil prices. But that said 70 is excellent for PMO. im expecting good results in may. Big movement up coming.

I would hope that Either Zama or SL is sold. And right now i think Zama would be my preference. They have plenty more mexico acreage

a humorous buffoon,

If Richard says it must be so!

is use yahoo to check the peer group now and then, and I include TLW to that and Cairn

both corelate reasonably well, and to oil and the gap is narrowing again as it does as oil moves. for example oil at 80 and PMO will be performing better than TLW.

As for members, he's got to be biggest dufus on the planet. He constantly tells the board he is the worlds worst investor and he thinks that won't get commented on. The other poster I filter, but members provides good to great entertainment.

" just exasperated that the sp hasn’t recovered to the extent that other oilies have" which other oillies

good summary

I sometimes think he is changy

The daily melt downs are great. Specially on Fridays.

i'm glad is fell back coz I know it upsets Richard, aka dick

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the whole fkn world knew ya numpty, Zama was a disclosed success more than a year ago, or are you trying to say that in your infinite knowledge of the oil and gas business which you invested your life's savings of Gbp30k about 5 years, that GS have a crystal ball that tells them the drilling/appraisal results before the drill comes out of the hole.

classic, no wonder your pockets getting picked