Member Info for Pelle

Agree, its to early hedge too much. Opec cuts just started to bite. And there Iran sanctions China Us trade deal

Hi GKB

Haha, you want to switch prime minister?
Sure, our used to work as welder. Is it something that could be usefull for you?

Hi Therapist

Yes, more then good enough, Malaysia seems very stable, Full year 8,4k
H1 8,2k
H2 8,6k

Nice Therapist,

From report we know average Jan/Feb 67,7k so february should be improvement from your 64k Jan.
And March even more with Kraken running two train.
Can we assume?
Feb, 72k
March, 80k

Looks good:-)

Hi L3,

Haha, we have different view. 50 to 70 in 3 months.
Please continue that and we will have a nice summer outside office:-)

Hi Dabbler

Thanks, my site is updated every 5 minutes.
But seems like my site costantly about 0,5 usd less then site you send.
Strange........

http://ravarumarknaden.se/pris-pa-olja-brent-wti-crude-oljepriser/

Really 70? I only see 69,46. Maybe some delay. Anyway, I think we go to 75-80 range in 1-2 months easy

http://ravarumarknaden.se/the-wti-bulls-are-coming-curve-set-to-flip-to-backwardation/

Hi Weny, Looks good:-) Those FCF numbers I guess needs to be reduced with approx 200 million for Kraken leasing cost and Magnus vendor loan and cash flow share. Guess prod will be more then 63k and if oil price around 70. We might be able reduce debt 500 million. That would be fantastic!

Therapist, 100% Magnus from 1 Dec.

Hi Therapist, Did you count with 100% Magnus?

I think they not allowed buy a period before report. And it would be suspect to buy today also and RNS tomorrow

CSR, what you mean?

Hi CSR

Thanks, I bookmarked his twitter page.
I checked this RPT, what happened to the company to push the share from 4 to 60 p?

Thanks Auson

You mean Åsarna " with dot over A" in Sweden?
from south Sweden its basically same distance to north sweden skiing or going to Alps so I prefer go south.

I also dont know Baron, lets hope he spotted a 10 bagger here too:-)
Even if it feel bit unfair that some got in at 17-20p at this time and many here been holding for some years.

Hi E,

Yeah, thanks I am back in one piece.
Guess Mondays after vacation can be nice too:-)

We will see about dividend or sharebuy back in future, we can only speculate but I would not if something small comes already next year. would you be suprised if they gave 20p dividend over next 5 years?

Lets hope for some spikes in oil prices in spring/summer and they manage hedging timing better this time.

Stavanger, you really travel a lot:-)
Yeah, I know some of the big oil service company's with big debt was wiped out almost completely like seadrill.
I was holding for a while some years ago but got out.
I can imagine effects on local economy but they have big salmon business too.

Yeah, its correct Swedish:-) Norweigan language sounds so happy and friendly atleast for us swedish.

Have a nice time there

Hi Auson

AB bought shares as high as 120 p.
Dont know what he gave for shares when Enq was founded.
I would guess his average maybe 40-70p

Squif had made some calculations before

http://capita.moneyam.com/director-deals/ENQ/EnQuest

Hi L3,

I think he is more longterm view and knows how much FCF and debt reduction they can pull of at lets say 65 usd oil price over the next 3-5 years.
How much can be distributed back to shareholder over 3-5 years.
I would not be surprised if they will distribute 20p dividend over 3-5 years.
Maybe they start give something small back already next spring/summer?

Hi Joe, Sorry, I never bought bonds. Need call bank and ask. Check if possible put them in ISK also. If you find out would interesting if you let us know here for Swedish people

Hi L3, Thanks, holiday was great! Sunny and good skiing. They have better weather then Sweden. Once AB’s plan goes through and give something back to shareholders I might relocate and not spend all life in office