Member Info for Squif

Why are you writing about that on this forum?

Krak - could it not be the case that new issues arised after your correspondence that were picked up by fernan?

So fernan in your opinion IF we get a load tomorrow that we were closer to 35k than 40k as kraken thought?

Hi fernan. Did you get any feel for when it came back on line? Was it the 11th as kraken indicated so we were pumping close to 40k a day?

Krak - how much stock does AB have? Are you saying he controls 28%?

Soder - i am sure that AB knows what he is doing. Gain control over the stock, let the sp sink then strike at a low takeover price and take the company private. That would be grounds for breach of trust nevertheless but not beyond realms of possibility

Haha - can imagine that it looked like the sp was spiking rather than tanking. No wonder IF he looks at charts upside down that he missed the hedging op. Whats your take pelle. Is he still on top of things?

Hi pelle Say hi to AB from me. Say thanks as well for the stellar sp performance. He must be champing at the bit realising he can screw shareholders and take enquest private for peanuts!

IF faysal buys i would regard that as a strong buy signal. He didnt buy anything in the last Ri which has proven to be the right move. Lets see IF he makes a move :-)

Hi krak. IF that is the case then he has been at the level for some time. As a procent it hasnt increased dramatically.

It is oftentimes difficult to determinera exactly how many shares AB has or controls. I sometimes see AB has 10% stock and double has 9,8% but IF it is 10% or 19,8% i do not know. Regardless he has acquired since rights issue 52271788 shares directly or indirectly for 11353649 mgbp. That is at an average price of 21.7 p. I believe that he is simply trying to send a signal ahead of the quiet period starting. He is not in the money at the moment as his overall average price is close to 50p i once calculated. For sure he will not want to sell to others on the cheap.

Great to see. In any other company this would be taken by the market as a sign of strength. Sadly that does not seem to apply to enquest

It is as ic wrote. The higher oil prices last year benefitted lenders but not shareholders. Am assuming that AB remembers that this is a stock listed company with shareholders other than himself?

Really glad that brent is on the up. Sadly enquest share has been beaten to death so we will not been rising it seems. I bought into enquest on the assumption that the CEO being heavily invested knew what he was doing. Now i am not so sure...

Chilts - you saying you are not confident in enq recovery? Load 30 was 30th dec i believe

Hi all. Anyone know IF buckee is still invested in enquest? Not that it matters greatly but he made some large purchases when chairman that were very strange and now hugely under water. Be interesting to know IF he was still convinced...

Will we see dc4 completed ahead of time. I remember end q1 so anything earlier would be a bonus

Thanks Chilts. That was also my hope and I defer to your greater knowledge. Definitely production is lower but can be for the reasons you state. Apologies for my negative comments last night.

Interesting just as we are heading down the toilet that heavy oil is getting scarcer https://www.bloomberg.com/news/articles/2019-01-11/saudi-and-canadian-cuts-are-leaving-world-hungry-for-heavy-crude.
I think the idea of getting into heavy oil through Kraken was the right one but the execution has failed. Chosing Bumi was in hindsight terrible and not worth the money that they saved given that it has destroyed the company. I am not sure what is going through ABs head and why he bought 1.3 m shares at 23.3. A poster called Acchi who claimed to have worked with AB claimed he was a risk taker. I agree. Wish we knew what was going on with Kraken and also that other failure Alma / Galia. That also appears to have gone down the tube....

Unfortunately there is no logic here pelle. This is like a nightmare. The analysts just pick targets out of the air. There is an agenda at play i feel - WHOs i have no Idea. IF enquest is serious they should do something about this predicament like pmo does. One question - could dc4 contribute to the kraken loading delay?