Member Info for Pelle

Thanks Auson

What is this seekingapha, hows its considered in UK?
To me it looks he is small guy, 198 followers, 9 comments and 3 likes.
If same article was writen in FT or Swedish Di I guess it would be different.
And please make an FC assumption for 2019-2021 in an article, 70k and 70 oil base

Love you, you need look back what the situation was when the decided invest in Kraken.

Thanks yhyh, Where you live? Wish you good night

Love_you, Such question don’t even deserve an answer. Think again

Hi YHYh, Yes production will exit strong this year and we close to 80k next year due to less maintenance also. If they cut down capex to half, then I see RCF to be paid back mid next year

Hi chilting I was more thinking of the actual work they do there. I observed few weeks ago like 5 ships working in that area for Enquest. Do we have any idea how long time it will take? I think MO would be excited follow it. Have not seen him here for long time now

Hi yhyh, I read 3 weeks maintenance at Magnus in Q2. And I estimate another 2 weeks in Q3 for adding the last well

Hi Chilting, Kraken seems like a swizz clock now:-) Do you follow anything on the pipeline work conneting other fields to Magnus?

Yeah, I think this lid will break anytime in the next weeks.
And for Enq catalyst will be update in 3 weeks, 70-72k and Kraken at 40-45k March/April must be well recieved

KO,
You work 24/7?
I woke up too early, will try sleep more

Feels we have a good position in this share now, how company developed and world oil output.
I think we up for a oil spike sooner or later

Hi Jan,

Good to hear your prepared:-) the 1,3 billion is seekingalpha was in usd.
So it fits with 60p too, maybe the writer is among us here and looking forward to the party too:-)

Thanks E,

Please ask IR also when we can expect marketcap of at least 1,3 billion.
January needs to make reservations for party well in time

Hi Romaron If I remember correct There was mention FCF ratio compared with markercap 98% based on 2018 numbers. So I guess it’s more like 150% now:-) Leasing, yes I think that was original idea. I read somewhere that most companies prefer it due to some economic reason.

Hi Harry

Think it makes sense.
This ratio of slighly above 3 will then be pushed down closer to 2 end this year.
When is time write home about it?

You invested here?
What is your view of Enq over next 3 years based on lets say 70k prod and 70 oil?

So we have a spread of 2% to 100%:-)
Middle is around 50% chance:-)

I would not be very surprised if we see it

Hi Tom,

Uptrends are usually longer then expected, so also down trends.
Its difficult predict how long to stay, if this gives dividend in few years and that gives me better return on money then I can find elsewhere I might never sell.
If we for some reason get crazy spike in oil prices and enquest gets crazy high valuation I might start sell off.

Hi KO,

Yes, feels like 95% market waiting on side line due to 5% risk of failure.
Just no interrest in Enquest, yet

How many % chance should we make for 100 usd oil sometime in 2019/2020?
10-20% chance?

https://oilprice.com/Energy/Oil-Prices/19-Historical-Oil-Disruptions-And-How-No20-Will-Shock-Markets.html

Hi Tom

Yeah, that gap makes no sense now as things going really good.
Agree, AB's extra buy's since RI says it all and it feels good to have that in the back.
He bought 5 million at rump placing of the RI also at 22p.
In few years it wont matter if you payed 18-22p , it will most likely become a good investment.

Afternoon E

Thanks, we on same page then:-)
I was thinking adjusted EBITDA, if reduce EBITDA down for the money going to BP?

Thanks ShinFalls:-)

It was very nice words to hear.
I never been so deep into company figures as here but always try look into future.
And if this seekingalpha now says we abnormally underpriced basically only looking at 2018 figures.
We almost half through 2019 that will be much better then 2018.
And 2020/21 will even much better if things stay normal.

Everyone talk about high risk, yes if oil price would go down to 50 usd and stay there during next 2-3 years we get into problem. But how likely is that? 5-10% risk?

Instead I see big % chance that this will generate a value increase of around 5 times in couple of years.