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Things will be behind for the foreseeable future one suspects - With their New Year and then another 3-4 weeks output lost due to CV......

But the sooner the hysteria ends the sooner we'll be back at 30p and hopeflly resume our climb

My contacts in Shenzhen and Guangzhou tell me most things are returning to normal...... except everyone is wearing a mask.

Guangdong is the true manufacturing hub of China if not the world. Of course this region hasn't really been badly affected but with new infections on the decline in Wuhan / Hebei it's less likely they will be.

Thank you - I'll keep my fingers crossed for oil below 100 bucks then (Joke!)

Thank you Romaron

I guess that's the jist of my questions - on the face of it, it just doesn't make sense. I can only assume some support exists so that the USA can claim energy independence.

Thank you E121

If I'm being honest I do not fully understand the shale market like some contributors on here. Do you have any numbers on the make up of the shale players with regards to size i.e. majors and minnows?

I only ask becuase BP paid a lot of money for the BHP shale assets so would the smaller players ultimately get picked up as and when they run out of cash?

I don't undertsand the euphoria surrounding shale and the oil price?

When OPEC flooded the market a few years back and WTI hit low 30's, it barely dented their armour

I have colleagues who have stayed in China all through this, albeit in the Gungdong region.

They are saying that after the spring festival everywhere was deathly quiet with hardly any workers returning.

Now though things are returning to normal. The regional government is encouraging workers to return and companies to start back up, but like I said this is in the south where virus hasn't really taken hold.

I agree Modestus

This isn't the end of the Enquest story - Just another chapter

My legs have gone numb - I think the bends are coming on

can't wait.....skiing in the Pennines and then skating the full length of the river aire

HaHa you're wasting your breath NH - The earth is flat remember

Although if Jeremy Clarkson can change his mind who knows......

One was c. £12m - I'd define that as massive

Couple of massive buys just before trading closed

Another intersting read - Cheers again Modestus

We can only but hope

Thank you - Interesting

Seeking Alpha have some great contributors - Some make some cracking calls, some don't

Let's hope for all our sakes it's the former - I've been long ENQ for quite a few years now and seen many premature predictions about the demise of shale....

eventually one will get it right

Hi Modestus

Didn't they try to take the shalers out in 2016? SA flooded the market resulting in WTI much lower than 45 bucks?

I think this is more realistic - Just on the 2019/20 debt reduction alone we have to worth 40p

Can't believe I hung on but sold my suit

tch tch - now now

been a great week - have some wine!!

oh wait......

Just realised I need to buy another one for my other problem child.....

Petrofac

Hope I can find one with a long warranty