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Again!

Not sure I understand Hasiba. Enquest is yes a recovery stock with better growth than BP or Shell however a worse sp performance. That doesn't hang together.

Understand that maybe cash is going to Magnus Vendor loan which is not included in net debt but this is exactly the challenge with enquest that analysts have raised - visibility is incredibly low. there are hand and footbrakes everywhere but it means that even with a solid poo and production net debt decreases very slowly. I hope that cash generated by operations goes to shareholders and not a certain shareholder who has been making large share purchases......

Pelle - trying not to be negative. But where is all the cash going? Strong production which is great although we did expect higher average production for Kraken during March and April looking at tanker movements. Nevertheless, where is the cash going? Net debt down only 50m usd while cash on hand is down from 309 to 231 musd so on a simple basis with production of 8.4 m barrels we have paid down debt by 50m. PMO is targeting 350m - what are we targeting? 150m (50 x 3)? Where is the cash going. 50m on 8.4m barrels equates to 6 dollars a barrell with poo averaging around 67. So it looks like poo has to be above 60 for us to pay down net debt? Krakenoil - please raise this in your questioning.

The excitement is palpable

Hi all I predict that net debt down to 1670, production 70k and sp 25

I dont believe the api or eia Numbers any more. Fake news!

Pelle - still being positive. Paying dividends :-)

Lol pelle. This is like the 12 days of christmas. Hopefully AB will keep buying 500k of shares per day for the next 12 days - then we will smash 22p!

AB - what a CEO! Putting his money where his mouth is. Singel handedly he will lift the sp to 21p! Great work!

Ko - like your approach. Give them one in the nuts Pelle - i will not write anything negative for the coming two weeks and then expect you to hold your promise - deal! I think that they must say something about debt reduction and it must correlate with the Opex, capex and oil price. Given that we should see net debt reduction of 170m usd.

Epic lol! You are AB in disguise ;-)

Haha pelle. Then everyone will have to wait a very long time. I will sell when i have got the result i was looking for. Buckle up

Who cares!

Ko - i hope you have egg sandwiches with you next week. Please ask AB directly what he is going to do to lift the sp and indirectly IF he gives s f*ck about PIs. This is shocking

Jan - realistically what year? 2022?

Brent could be 80 a barrell and it would not make the slightest difference to our sp. Go figure AB! Nevertheless i do agree that the reason why cairn downgraded was to make their options better priced and stick one up ABs date. Does AB care? Probably not. He has a 20 year plan and will probably do another Ri....Hope i am wrong

At the end of the day there is a perfectly rational explanation for why we are where we are and not where we should be. The markets trust for enquest and sadly AB is shot to pieces. Does AB care? Probably not. Do we care? Hell yeah because we are stuck on the slow boat to china. We are financing ABs career running his own unsuccessful business

This is sh*t!!!!!!

I dont know what i see with enquest any longer. I see a dead fish floating in the sea.....