Member Info for Pelle

Thanks L3, But it should be 1p quarterly:-)

Not sure about rules in UK. Think AB bought 1 week before last operation update so was asking myself same question. In Sweden I think it’s 1 month before reporting. I doubt they will release any information until 6 months report in September anyway. Unless they make any deal with any field.

Hi YOY

Guess they will be taken by surprise in future on updates if they still talking about production problems and debt.
Debt is still there but now its just a matter of how fast it will go down.
And next year debt decrease will go really fast if oil stay normal.

Operations across the globe ensure a strong supply chain, and the share price is up more than 30% since March 2019. Yet, EnQuest is said to have major debt issues and reported production cuts following teething problems with one of its newer operational setups. With both positive and negative outcomes over the past few months, many traders are keen to see which way the stock price will turn.

Very nice Chilting

Hej MO, Thanks, yeah it’s a lot wait and see:-) Very happy for all the progress that been done in company last half year. Sooner or later share price will follow too

Hi MO,

Have you been able follow this wax issue?
Seen any work progress?
Any guesses how much it can lift production?

At Scolty/Crathes, wax in the flow line continues to limit production. The replacement pipeline project is progressing as planned with pipeline fabrication complete and installation underway. Production is expected to improve significantly post project completion.

https://youtu.be/tYwBRlgeK9Q

https://www.avanza.se/placera/telegram/2019/06/24/enquest-barclays-hojer-riktkursen-till-226-kr-133.html

STOCKHOLM (Direkt) Barclays Capital höjer riktkursen för Enquest till 2:26 kronor från 1:33 kronor. Rekommendationen undervikt upprepas.

Det framgår av Bloomberg.

Aktien stängde på kursen 2:45 kronor på torsdagen.

Haha:-) MO and Therapist Its more like dancing under table soon:-)

time FOR midsummer party now:-)

Squif, at second thought I think your right. Well, time your midsummer party now:-)

Relax Squif, 21p will come next year I hope.
Not bad with 5% increase with bankrates at 1%

Should not forget trade deal also.

Evening E,

Lol, I was joking with you:-) I almost got over it now.

Is it some Iran meeting in white house now?
Saw Trump twitter and some other on this LiveSquawk link you send

Hi E

Yeah, they should have hedged as much as possible at 80 for this year and they could have given dividend 100 million already H2 this year and still have debt 1,5 billion:-)

Modestus, agree 100% :-)
AB fixed the company and now next years its time fix the valuation.
One way or the other money will come out.
I hope they start 1p quarterly dividend in April. That would help

Maybe interesting read for some here.
A bit like AB and Enq but we way more safe and low risk

https://www.institutionalinvestor.com/article/b150nsw35d437t/the-life-and-death-of-adolf-lundin

Hi Modestus,

I only hold Enq now as I always look forward.
Switched my Lundin pertroleum maybe a year ago to Enq dont remember exactly.
Have some Lundin and Tethys left at parents portfolio so I follow them.

I just wanted to mention for you that most Lundin family companies do very well soon or later.
There several that they sold of also with huge profit last 20 years.
Have gold and metal mining and diamond companies too.

Thanks modestus, You seems to know a lot putting together such a portfolio of oil shares. I only invested in Sweden listed companies. And Lundin family different oil companies over last 20 years often been a good bet

Wow yhyh. Your top lookout now. Looks like it will pass Malmö, maybe I should jump onboard at bridge