Member Info for Plebleens

Actually my intellect prefers this

Alexa....Translate Jeremy Corbyn carrots 100 into Welsh. Assuming you have an Alexa

And on a more serious note as a shareholder of this and hopefully other more stable dividend paying oil stocks, why would you be happy with a windfall tax on these said oil companies...wealth destruction at its greatest....Ruined my morning When I heard it on radio 4 first thing....

Time for Love_you to enter stage left....

I agree with you on the wider market after communist Corbyn s remarks this morning, but look at the trades over the thin lunchtime period....

Strange trading patterns today on PMO, definitely feels like somebody trying to buy clips lower. Have to think Whitebox are next to reduce before year end.? Maybe a coincidence but our good friend is back on the other channel.... Oil looks healthy, premiums are strong as refiners run flat out to balance IMO 2020 demand. Should help support the futures market . Good Luck

Posted this on pmo thread Friday....To be fair market psychology says the sell offs usually occur over 3 days, with final capitulation day and then recovery on the third, leaving a hammer candlestick. Let’s see what the next hour brings over at Tullow, could be a quick buck to be made, whilst we wait for Zama news here....hammer candle formed, looking for 180 next week

Another 40 mins for rig count....reduction looking on the cards again and a bit more fire to the crude rally today....

Funny how the chuckle brother isn’t shouting resistance levels in wti today or put his super members avatar costume

And bang on q, AHL took another 0.1% off the table yesterday.....they know how to preserve end of year pnl....the others will be living a life of purgatory listening to Westlife. :)

And today’s action at least closed the opening gap from yesterday, so chart looks cleaner

To be fair market psychology says the sell offs usually occur over 3 days, with final capitulation day and then recovery on the third, leaving a hammer candlestick. Let’s see what the next hour brings over at Tullow, could be a quick buck to be made, whilst we wait for Zama news here....

Should see in the next hour whether we got more short reduction yesterday after that stellar RNS. Certainly felt like a bit of a hold on the share price yesterday

Funny how they don’t dust off the Members avatar, when they’re both long.....

Increased hedging numbers utilising the Saudi spike Well...

You’re right Ningaloo, 43% oil production for 2H 2019 hedged at 69 bucks, gas at 61p therm, basis last update. 2020 low 60s but hopefully they got some more away during the Saudi spike at a higher number.

With IMO 2020 round the corner high sulphur, viscose crudes (kraken is luckily lower sulphur) are struggling to find homes with hsfo demand through the floor as not enough ships have scrubbers fitted (although the low price of fuel may encourage more ships to install them) . Coking capacity also full. World doesn’t need any more of these types of crude although tlw are targeting a different reservoir on next drill. Poor trading from me today took me 6 tranches (knives) to break even over the session so far. The day traders all dropped out at 150 so worst should be over....

Production upgrade for PMO tomorrow with current Catcher performance (or at least top end of their conservative range) or was maintenance enough to keep the forecasts in line? The hedging program has certainly worked so hopefully still aiming for the upper band of debt reduction as well.

Good Luck all tomorrow

Chart bounced off the 200 day MA with decent candle so far today

Agreed on tlw, only lowered fcf by 50m. Just bought 3 tranches

Tulle getting canes as they lower full year production forecasts yet again, due to ongoing problems in Ghana and also having to lower fcf by 50m....from MOL results , we know Catcher is running fine, (slightly lower than previous quarter due to summer maintenance) , and full year production number for PMO already included this. Possibly slightly lower cash generation due to lower oil price in the quarter as per the majors. But hedging was robust. Debt number as always and hints of Zama price still the key

AHL down another 0.1....should be gone by year end at current rate, no doubt they’d like to be out sooner..drip drip drip hoes their pnl.

And another starts to reduce.. pnl preservation before year end...still plenty to go, but that’s 3 of them reducing now. Only 3 more sessions before the update

Bit harsh Grippa, no sane person should or would lie about something as serious as cancer....

He’s very transparent with his position taking so not exactly rocket science to read him. And not one of the consortium

Futures flying after China and US agree to lift tariffs in phases as deal progresses

Congrats members once again on your call. Bit like your Halloween spookathon. Should be 3 strikes and your out. Getting very DBNO with your advice

Terrible results today from Pioneer Natural Resources (q3 profits down 44%) and Chesapeake (bigger than expected loss, and questions over whether it will be a going concern next year). Shale Oil struggles at 60 dollar oil and weak gas prices. Consolidation and bankruptcy ahead for a few next year. $70 the happy medium for all?

On the plus side Chinese teapots imported a record amount of crude in Oct....

Down another 0.09%. Paying ever higher numbers each day to get out. Wonder what Share price will trigger an acceleration to get out and shake some of the other shorts? Something good coming up in next weeks trading update?

As well as the incredible 29.09% Stockmon loan number for October, Baillie Gifford has increased its stake to 14.62% as of 24th October, which is reassuring....

Anybody any thoughts, knowledge of what happens next when so much out on loan? Inmarsat got taken over, watchstone effectively a play on the slater and Gordon court case. Prefinancing?

Rising Oil Market, rising Share Price, with dome love coming back to the sector, can’t see the shorts hanging on too long, eroding pnl each day before year end? Enjoy fireworks night

Iran have been quiet. Should be their move next in the tit for tat oil installation/infrastructure campaign.