Member Info for Pelle

Its great news with Kraken, estimated prod now net to Enq

Min/max/avarage since Sept.
Kraken 28/35/31,5
Magnus 15/20/17,5
Others 25/35/30

Total 68/90/79
We should be 75k+ since sept is my estimate and that generates a lot FCF even with higher opex/capex guidance for H2
Around 1 mill/day FCF I get on these production levels

Will be very interesting update in Nov!

Post vs Trades 49/49 now:-)

https://www.bloomberg.com/news/articles/2019-10-17/floating-fuel-hoard-off-singapore-growing-as-ship-shake-up-nears

http://ravarumarknaden.se/us-oil-fundamentals-deteriorating-much-more-than-global/

Exactly Weny,
Something below 51 now for some reason.
I think AB made some deal with someone to buy x amount of shares over x months.
These two changes matches fairly well when I checked last time

Hi Weny
Employee trust had 73 169 367
4,32% in 8 March update.
I made a print screen for myself

Hi aliaskent,

I know, but that that was a major change on the the top list at Enq site.
But no-one comment here

Thanks aliaskent,
Even if not included in this list I wonder what happen with Enq employee trust?
Aug they had 73 mill shares and now fall out of top list so below 51 mill.
Can it be these shares AB buying at an average over a time period?

Chilting, how many days cycle approx?

Hi KO
Agree and worst thing is that even the debt ratio guidance been poor.
Roughly like this
March, expect to be below 2 end year
May, expect to be below 2 end year
June, actual 1,8
Sept, expect to be below 2 end year

Time for AB update market of their far to pessimistic view near term and long term.
After AB, Helmut and chairman bought loads of shares during last 6 months they will now set things straight and get good return of investment.

Canaccord "broker note" for example if its true or not posted here?
who believes in opex full year 24/27 when it was 20 in H1?
who believes in prod full year 63k when it was 68,5k H1?

Of course if you pick the most negative outcome of every figure H2 dont look rosy, but outcome will be much better.
My view is that AB allowed this to happen and now its time for update in Nov.

Can’t wait:-)

https://www.enquest.com/investors/corporate-governance/financial-calendar

What to expect when two dogs speculate with a pizza?

GKB, but it ain’t too hard make a estimate is it?
Makes it difficult have an opinion about based on future assumptions when it’s time to give dividend then also.
Just my opinion:-)

Hi GKB,
Why look at 2018 now when we about to start 2020 soon?
During this time with cost slightly down and production up your 2018 finance cost per barrel is half 2020 around 6,8 usd / barrel

And it will continue trend down

Hi KO,
Let’s hope your info about additional hedge after attacks are correct.
It can give a welcome boost

Hi KO,
Finance cost is roughly 50/50 interest loans and leasing.
Opex 20 we had H1 this year and might come a bit higher H2 due to replacement pipelines.
I think target for 2020 should be 20

2020 is soon here!
Prod 72,5k oil 60
Opex 20
Capex 144
Cost of finance 180
BP profit share 134 mill

FCF 507 mill!

With 70 oil
BP profit share increase to 170 mill
Enq FCF 721 mill

Good luck and hold tight to your shares!

Yeah Squif, low downside now from these levels and massive upside.
Will be interesting see tomorrow, something changed today

Its around 1b EBITDA