Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=D8F4DE34-B756-40B5-B1BB-A0871373C594
Just register and say UKlocated
Hi,
If you haven't already done the webcast then highly recommended.
https://onlinexperiences.com/scripts/Server.nxp
Of interest to me:
Seemed to confirm $52million gas sales outside of purchased gas.
Not a sniff on Eagle.
Offers on Enquest Producer and increasing value but also seemed to imply existing asset use at Bressay outside of subsea infrastructure, implying FPSO, but also suggesting investment in FPSO not feasible, but nothing on whether that was a shiny new one or an ald rustbucket like EP.
Really guarded on the questions as ever. Don't stray from the script. Annoying but impressive.
GLAXXX
Hi
Here's a signpost for some Malaysia drilling. PM409 perhaps.
https://www.theedgemarkets.com/article/destini-bags-contract-provide-tubular-handling-services-terengganu-coast
"That was embargoed till tomorrow you twat!!"
GLAXXX
Hi,
These are my rose tinted predictions for tomorrow:
Slight upgrade in annual guidance. 1-2k
News on Magnus ytd improvement.
EP tie in with co production partner.
Malaysia PM409 timetable.
Eagle Update
I don't really understand impairments but those babies need reversing.
Hedging announcement which will be disappointing in the "high oil price environment" but acceptable
Share price rally 8% plus - so lets call that 31.54
Disclaimer: Every single Enquest announcement since I've been invested has been severely disappointing!!!
GLAXXX
Hi,
Lots of anticipation for Thursday update. We have all had our fair share of schit and schitter. Someone once suggested that schit happens and a Tanker could steamroll Kraken at the blink of an eye. Now I don't want to be a partypooper but there was a North Sea earthquake yesterday and it was felt at the old rustbucket we know as Magnus:
https://www.volcanodiscovery.com/earthquakes/quake-info/6703491/mag5quake-Mar-21-2022-Norway-Norwegian-Sea.html
Reported from: Magnus oil rig northern north sea (132.3 km SW of epicenter) [Map] / Strong shaking (MMI VI) : "I was working nightshift on the Magnus drilling platform situated in the North Sea when we felt the rig shake quite violently for about 5-10 seconds. Unsure what it was at the time as the weather was quite mild and sea state was relatively calm."
I'm an optimist at heart, sometimes if you give it a good kicking it starts working better than before.
GLAXXX
Hi,
So "Energy Security" have become recent media buzzwords. Relevance and necessity of UKCS resources has also become more accceptable at many levels. Pub conversation with oil related friends this evening says not much conventional left in UKCS except West of Shetland and then there is also previously unexploited Heavy Oil elsewhere. Who has access to a bunch of heavy oil? Thoughts . . ..
GLAXXX
Hi,
Bit grey and bland but they have to be talking about an oil platform that begins with "M" and ends in "agnus".
https://www.youtube.com/watch?v=ztxKWp73YqQ
Proven, ground breaking, experts. Superlatives abound , , shame about the frikkin share price.
GLAXXX
Hi,
Making an assumption that Malaysia is 5% gas then throw that in with OGA and as a percentage of total production gas is around 6.5%. Take away flared gas and fuel gas.
Where sales figures are reported they currently include a portion of purchased gas which has a cost of sale associated with it that IR have recently suggested therefore makes little profit.
GLAXXX
Loopholes Spin, always frikkin loopholes.
Anyhow nice to view Seacod now almost back to Primorsk having been refused at Liverpool.
Unfortunately named Lars Barstad has some opinions here.
https://worldface.uk/tanker-owners-are-steering-clear-of-russian-oil-cargo/
GLAXXX
Hi Gurun et al,
I also keep an eye on the VLSFO price. It is bizarre where these numbers, VLSFO/Brent, are compared to one or two years ago. There has to be a point soon where GKA Grouse producing 2 boepd becomes profitable!!
Which leads me to my question. The +$1000 VLSFO is currently further afield with Rotterdam usually trailing a bit behind. We currently often send Kreamy Kraken to Singers. The North Sea is becoming more necessary and therefore acceptable at Government level. Is there a point, due to internal need, where UK production has to be sold to UK by order?. Any precedent?
Not sure if that is far fetched or not hence the question.
GLAXXX
Hi Mr B
I have a similar calculation and per barrel the potential premium using same ship and bunker info is currently about $9.27 premium compared to Rotterdam price where transportation etc is negligible. All good anyways , , ,
Hi,
A bit OT but
https://saxavord.com/work-set-to-begin-on-uks-first-vertical-launch-spaceport-in-shetland/
It is all pushing forward at a pace. I think the Ukraine reference is to do with solidarity rather than a strategic option. It's a UK first and most of us have first hand knowledge of the guinea pigs/dogs/monkeys (not Northern) involved. This is ground control to Major Vlad . . .over and frikkin out. #Trolls in Space . . but I don't really know what that means.
GLAXXX
Hi,
Not belittleing the situation but a limerick never hurt:
There was a sad psycho called Putin
So paranoid he put the boot in
Ukraine fought his action
Russians face global sanction
Now Vlad’s not quite sure who will shoot him
That's my summary. Fricked if I know how it all pans out.
GLAXXX
Hi,
All that choice at Macduff but Torill Knutsen is going to give it a go. Smashing our back doors in from 1700 tomorrow en route from Skagen. Wonder how much more (or less) a 500k load will be worth by then? My thoughts with our Ukranian brothers and sisters nevertheless.
GLAXXX
Hi,
Going to wade in with my virtual professional hat on.
People, some of you are like a bunch of lonely Vladimirs desperately searching for an invadable Ukraine. You need to get those hormones under control.
This is a message board hosted by the LSE, you don't have to be here, there's lots of nicer things to do, buy and nurture a puppy, feed the birds, meditate, do yoga (but not the hot one), auto erotic asphyxiate, to name but a few.
The world is too small to torment yourself here.
Ramping and deramping has no relevance. Nobody cares. They have all made their own grown up decisions. It is pointless and soon to be proved weightless. You can disagree and exact a discourse but you don't have to be nasty. You can just agree to disagree. I stress again . . . it doesn't really matter.
I think a few deep breaths and a little look in the mirror are in order and then we can all play nicely again.
Leaving that aside, we are closer to a CUNST launch date and Neil Hannon has been called in for a helmet fitting. Wasn't what he expected.
GLAXXX
Hi DarienT
Thanks for input. 44,000 boEpd bottom of 2022 range. You've also nicked another $100million by being cautious. That's all fine by me, and it is fag packet backed up by whatever wherewithal you have, and I am sure that is plenty more than mine.
Just like to check however what you know about December 22. If we are only having 350 days this year do you know something we don't? Should I cancel Xmas plans? Not the final pandemic is it? If it's aliens and the end of mankind then I have good access to an escape rocket for highest bidders.
Just raising morale in these frikkin testing times.
GLAXXX
Hi
Petronordic has left the shelter of Lerwick, snergelly hose primed and ready for some hot north sea action. AK is fit to burst so they've have had to deploy the onboard kegelling system for the first time. Won't take long to suck that baby dry.
GLAXXX