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The reaction that pmo got today was the reaction that many expected enquest would get when it bought Magnus and raised equity. Unfortunately the result was the complete opposite....

On reflection it is the most useless analysis i have ever read from Goldman sachs. I thought they were more intelligent but maybe they are like most stupid americans and have no Idea if What turnip head has Done. This is tantamount to war and to sit there and write that this analysis depends on their not being supply disruptions is about as useless as using sandpaper as toilet paper

Thats a fair point by gs and yes i would Agree that it depends on supply being disrupted which Will definitely be the case.

Agree then that it makes sense for a quick hookup. Empty a couple days production and then wait for the next window

Kraken - when is no scheduled to arrive?

At present it feels like the sp action has little to Do with progress at enquest and more to Do with geopolitical risk. This is good for sp movement. I think a moodys upgrade and operational update are the next triggers to look for. I Do think that myra in Sweden had an impact the day after his twitter post. More to come!

Sorry - meant e121

Agree with your sentiments colebrooke. I Do think this Will be reflected in the oil price and we have only seen the beginning of this.

Krak - i think this was the result of a good tip off from irakis on the ground. It certainly could top the balance towards the us. Have to wait and see

At the end of the day if they need to pump more to get money to pay the bills that are pilling up they will. They have an awful lot of debt. It is a death spiral for them but enquest is in a good place

Electric cars represent less than 2% of all cars on the road (1.2bn roughly) and most of these Stein the west. The world has a global population of 8 bn. What do you say to everyone in India and china Neil who wants to drive a car?

Yeah but that will not happen in 2020 neil

Me neither romaron. It was something that maggie created in the 70s to break the miners union. I agree it is fantasy and sometime next year the greeny influencers will start complaining when the wind and solar energy is not sufficient and has become more expensive for them when they write their bloggs on their imacs.... Then we will have lift off. I bought some more enquest today. Something is going to happen soon...

Pelle - i think we are fully aligned in our thoughts around enquest (apart from the question if dividends). There have been strange things happening with the share and that note in ST doesnt make sense not the ir Email floating around. I can accept though that this year has been a year of consolidation.

Hi romaron. That makes sense but should not impact a company like enquest with reserves that last currently 10 years. This should impact the majors more than currently

I think myra succeeded where analysts and enquest ir have failed. Big thankyou myra. Onwards and upwards

Cmon u swedes! This must be a buy in 2020. At least 1250 swedes will buy enquest :-)

Haha - you too HMH. I wont start correcting your English as i know you are from Sweden. I do recall the ir post indicating that production would be lower than 2019 but that is maybe a minor detail in your mathematical equations. I will wait for the update from enquest in late Jan early feb as indicated for a more conclusive indicating of 2020 production. You should control your aggression in your posts so we can maintain a nice tone in our Communications, ok?

Wow HMH. A few weeks ago you were writing about fcf being 800 to 1bn. What happened to that view? Or was that nonsense as well?

Apologies - just reread the press release. It was 19% which is about 17m barrels for enquest. Still this is material and if it was reversed is probably valued around 160m usd.