Member Info for Pelle

Hello HMH,
Can you please ask the avanza person put out the text from börsveckan speculation buy rating

Some positive news on virus during weekend and support for oil next week and we can test 30p

I can say also ones Thistle and Heather back and Magnus new wells online we could be at 80k months in early spring

Hello Ajex

I closed other computer now so dont have details.
Magnus around same as this year and yes I deduct 37,5% for BP + 20 mill for BP vendor loan.
Opex I use 20 usd/barell same as H1 last year
Capex 150 mill

I estimate Nov/Dec production to 73k Boepd and file says debt 1485 mill year end.
Consider AB's carefull guidance and Kraken/Malaysia premiums I would not be surprised if we end up around 1450 mill.

2020 FC
Counting with 73k average and 63 oil I get close to 600 mill FCF.
By summer we should be close to Debt/EBITDA ration 1 and can say the debt problem is behind us.

Will be very interesting update and year!

Party still stands so don’t worry.
Who knows, by the time we reached 1 GBP your in EU again. Lol.

Is it Really true???
Sounds like you want the swedes dump the shares so you guys can get more.
Maybe you need you worry about your visa application for 1 GBP party instead.
They already toughen the borders last years

Very Nice!
3 tankers per month and we can get tanker number 75 in July.
Remember GKB estimated September maybe 4-5 months ago. And that sounded reasonable back then.
Things get better and better here.

Hello HMH

The 2020 scheduled amortizations of 155 mill I estimate to be reduced to around 0 already at year end 2019.
They already payed 45 mill in Oct and Nov/Dec should be good FCF 40-60 mill

§ The Group's senior credit facility has reduced to $535 million following the voluntary early repayment of $45 million in October

Page 9 show 470 mill repayment 2021 so I would assume they working on those already now.
https://www.enquest.com/fileadmin/content/Presentations/Meeting_Slides_-_July2019.pdf

Haha,no. dream on!

If GKB is wrong it’s 2000 SEK penalty each post! Lol:-)

Hello Jan,
How do you get so low end 2019 net debt?

Lets hope they learnt to hedge, when there are moments to do so at levels that exceed budget and market expectations

Investment time horizon
If you are more short-term in your trading, it is important to monitor the rate in order to scale down your exposure at extreme levels, to later scale in at levels that provide better risk / reward. If one is more long-term, such declines should be considered a healthy part of a longer trend where weak owners are shaken out.

Simmer everything loose
In addition to the fact that Enquest is low-valued, has production growth, lowers its debt and benefits from the new IMO regulation, it is the CEO's insider purchase that creates the greatest security.

On the one hand, it will be difficult to understand why he would buy so aggressively in the near future if he did not believe hard on continued positive fundamental development, but we also believe that such insider purchases also create security for other, larger institutional players, who are less likely to sell.

Exchange rate capital
Ultimately, it is the larger institutions' money that drives price development for such a large company as EnQuest. But in the short term, it is likely to continue to be volatile, and in the future, the course also encounters a number of resistances, both in the form of exposed guidance courses from analysis houses, but also technical levels.

It is therefore important that as an investor / trader you are mentally tuned to a high volatility around significant levels.

Wall of worry
In summary, we can note that every rise in a stock meets a constant “wall of worry”. Only when this wall has disappeared and we can read in magazines and other about how fantastic Enquest is will we start selling off aggressively. But we are probably not there for a while. This downturn and recent turbulence, therefore, does not change our long-term view, which looks positively at EnQuest's opportunities to continue up in 2020.

Please read our original analysis on EnQuest where we develop our thoughts on the long-term case for the company. As EnQuest is one of the companies where it currently fluctuates a lot, we also make sure to publish updates after reports.

KO, sitt still in boat and keep your shares:-)

https://ecoptimist.se/kort-teknisk-uppdatering-om-enquest/

There was one article around x-mas with photo of diver making inspection of the tanks.
Article was removed.
Now this article that contract for removal tanks been awarded that Therapist post.

No-one have login and can post the text?

https://www.upstreamonline.com/safety/enquest-awards-contracts-for-thistle-tank-removal/2-1-742497