The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Hi,
Discord is easy to copy paste into google translate. Sometimes get some oddities but it flows. The actual web page rather than the one that appears as a search option offers more characters. . . . . . .or learn Swedish . .. . .. rest assured those dudes read, write and speak English better than you and I!!
Some good humour and insight there.
GLAXXX
Hi,
It's all about the production numbers for me and it is extrapolation time.
They gave us figures to end of April and we have OGA to end March and can work out Malaysia with a degree of certainty for January and February.
So for April:
Kraken - ticks on.
Golden Eagle - ticks on
Magnus - drops off to 13.5kish
But here's the thing:
Malaysia - I had plotted March as the improved level extrapolated from Jan and Feb data but there is now a large drop off here to about 4500 for March and April if spread evenly. Maybe something to do with outages as workovers happen?
Other - The handbrake must have come off at GKA. I can put S/C onto about 50% improved on March, Alba and GKA to highest in around 18 months or so and I am still 200 boepd short of the mark. What's going on?
What does comrade Kamrat think?
GLAXXX
Hi Banana,
But you are not just a banana, you are a BananaJOE. A strong, proud, bendy, ripe yellow banana. You have a lot to be proud of, high fibre content, prebiotics, short chain fatty acids and frikk loads of POTASSIUM.
Bananas also contain tryptophan, an amino acid which the body converts to the feel-good brain chemical serotonin . . . but hang on a minute . . . .Bananas may trigger migraine in people who are susceptible to them and bananas may initiate an allergic reaction in some people.
Frikk me . . . **** HAPPENS!!!
I feel your pain and if I go to the AGM, and they are serving bananas, I will raise one in protest on your behalf and look for an opportunity to slip a skin under an unsuspecting Company Secretary.
They did announce it but not formally. They did NOT and have not announced it formally.
Aren't you a teeney weeney bit excited under your inedible skin?
I am.
GLAXXX
Hi,
AGM's aside I can't imagine the board based chaos this might cause.
https://ceraphi.com/ceraphi-energy-awarded-funds-to-undertake-pioneering-decarbonisation-study/
A 40 year old oil platform is like a beautiful woman, you have to keep poking around to keep her gushing.
GLAXXX
Hi McLondoner,
Just guesses of course.
Kraken: improvements post two week maintenance and "Evaluation of the 3D seismic is ongoing. The Group is currently assessing mainfield side-track drilling opportunities"
GEAD: October is late enough for me.
OTHER: Apart from Scolty Crathes I'm not sure why they bother unless it is all inextricably linked. I thought GKA would show larger gains but just pootles along. My logic is that it has to get better (or remain flat so to speak).
NS GAS: I think Enq reported oil figures are similar to OGA minus shrinkage and the beautifully named "demingling". For Gas I oniy count gas potentially sold so I lose Kraken gas. Maybe where that is where you and Tarmak differ from I?
As Brian Blessed once said "It's all just frikkin marmalade!!"
GLAXXX
Hi,
Bit of a graph for anyone that cares. Predicted maintenance and workovers as they might be. I go high end of year end target.
https://www.dropbox.com/s/m0h1yv1acr88k0t/Enquest%20NSTA%20Boepd%20to%20Mar%2022%20and%20predictions%2020222.pdf?dl=0
On the downside we seem to have left Decom Awards 22 empty handed in terms of the "Excellence and Collaboration Award". Petrofac and Cairn hoovering up the trophies. Seem to have hushed up the "Frikked up the AGM Award" but I'm sure that was accepted backstage with a celebratory Lambrini or two.
Rumour has it that new CFO Salman Malik smashed Swinney's Beer Pong bar tab record at the after party and was last seen leading a besuited party towards "Private Eyes" to see the night through. Classic team building before a board meeting. Good work.
GLAXXX
Hi,
It's all here.
https://www.nstauthority.co.uk/data-centre/nsta-open-data/production/
Various methods
Or here for .csv download.
https://opendata-nstauthority.hub.arcgis.com/search?tags=Production
Seems to find it's way there ahead of schedule nowadays.
Mar 22 gives me a total of 51,839boepd with Malaysia extrapolated at 7,565 boepd.
GLAXXX
Hi
I have posted this to our delayed agm going Swedish compadres on discord:
"If we do happen to AGM - Suggestion 1 https://www.gordonswinebar.com/ Suggestion 2 https://www.horseandguardsman.co.uk/ both in vicinity , both suitably overpriced , but offering a nice slice of history. Firm it up ongoing."
Expressions of interest or alternatives welcome . . .
GLAXXX
Hi,
"Deadwood"??II??
Just a bloke changing jobs unless you have some evidence. No need for the Spanish Inquisition. Have any of you that have fretted over this got the faintest idea what his job was and/or realise what people sometines need with regard change/progression.
He's not like Swinney who left wihout paying his bar tab. Grrrrrrrr!
GLAXXX
Hi,
It is Decom North Sea "Decom Week" on 9th to 12th May . . . oh hang on that will be 16th to 20th May. The showcase event for the Year.
https://www.decomnorthsea.com/events/2022/may/decom-week-2022/
You will be pleased to know that Enquest are up for two awards.
Excellence in Collaboration Award. Up against Cairn
and
Excellence in we really frikked up the AGM and it all would have been fine if Jonathan hadn't frikked off to Tullow, has anyone told Sofitel, tell them all it was logistical that'll do it, oh frikk there's another Swedish email to IR Award. Up against . . . . oh no . . . . it's in the bag!!
I hope to make the June date. I'm going to glue myself to something as a delayed AGM protest. Got enough superglue for all if anyone fancies a centipede.
GLAXXX
Hi,
I'm having an interesting chat with a Swedish member on the Discord board.
The company have to give notice of an AGM, 21 days I believe, and promised to do so in the Annual Report which also mentioned the day and date. They have given "Notice" for the last ten years as evidenced in the FCA Storage Mechanism. We can't find the "Notice of an AGM" anywhere, not even official documentation with a start time.
Is this a problem?
GLAXXX
Hi,
Cobas still with us:
https://oxnard24.com/these-are-the-main-bets-of-parames-cobas-to-beat-the-market-in-2022/
GLAXXX
Hi
Kraken 3d model looks like a pile of rotting cabbage. Precious cabbage.
https://expronews.com/developmentandproduction/kraken-overcoming-offshore-heavy-oil-field-challenges/
"Given the buoyant oil price,” Jan concludes, “we are looking at accelerating opportunities where it’s prudent to do so but will remain disciplined in our investment decisions regardless of the oil price.”
Go Jan (Got to love a Jan)
GLAXXX
Hi,
Oh frikk did I mention renawables?
https://www.orioncleanenergy.com/
Check out the wind powered rocket at Cunst.
That aside, we are part of it, we have to be part of it.
Open your eyes.
GLAXXX
Hi
Back to Malaysia.
Those suggested production numbers are prior to any of the Uzma workovers. First well completed on April 4th second was in progress April 7.
https://www.instagram.com/p/CcCMKdIh2E7/?utm_source=ig_web_copy_link
GLAXXX
Hi
With Feb figures in we can compare against Feb update figure for end Jan 21 of 50,810 and FY21 2022 outlook figure of Jan-Feb 50,408. With north sea numbers known the missing link is Malaysia. To get to those figures I have Malaysia doing 7180 boepd for Jan and 7565 boepd for Feb. Nice.
The "problem child" continues to improve, up over 500 to 11741boepd.
GLAXXX
Hi,
And seriously try this from 11hrs 19minutes
https://www.scottishparliament.tv/meeting/net-zero-energy-and-transport-committee-april-26-2022
As a disclaimer these are dudes that appear to know short term that oil and gas is required and expensive,
Fascinating and a little bit scary.
GLAXXX