Member Info for Therapist

Hi,

Really good question.

Another example of exceptionally bad copy but the "cargo offloads" is clearly under the Golden Eagle section of the OU. If it relates to GE and a cargo is 500k then someone explain the math. If it relates to Kraken, where cargo offloads do happen then that is not good for an asset that is back to full production.

????XXX

Hi

From OU "Revenue in the ten months to end October 2021 of c.$950 million, including c.$110 million related to Magnus crossover gas"

From 2020 figures you can prove they can make a profit from "not needed" , "crossover" imported gas, I see $8.5 million 2020.

The OU revenue reported of $110 milliion of crossover revenue. If accounting for same ratio of cost of sales against revenue as 2020 that would be about $25.5 million profit

Lots of variables but the gas price is mental and rose quickly. I deduce that they can make a profit and that might be considerable especially towards year end.

On other matters, staying on the straight and narrow for now, but seriously considering a private audition for a certain oily rag. Showing extreme potential and more annoying and persistent than herpetic boils on the guiche of a bull elephant.

The filter button is, of course, located towards the top of the screen.

GLAXXX

Hi,

To brighten the week:

I've got this programmed as lift music at Enquest Towers from Monday morning, Sung to the tune of Elton John - Sorry seems to be the hardest word:

What have I gotta do to make some money?
What do I do with Enquest shares?
What do I do when updates strike me?
And I wake up and find no value there
What've I gotta do to make you inform me?
Mmm hmm, what've I gotta do to be heard?
What do I say when there's no tanker?
And sorry seems to be a hardest word

It's sad, Amjad
It's an Amjad situation
And it's gettin' more and more absurd
It's sad, Amjad
Why can't we talk it over?
Ohh, it seems to me
That "shareholder return" seems to be the hardest word

Why do I have to contact Swinney?
How do I know we got the right bird (GoldenEagle!!)?
What do I do when outage frights me?
What have I got to do?
What are you gonna do?
When sorry seems to be the hardest word
Ooh yeah, sorry seems to be the hardest word

GLAXXX

Hi Acchi,

I have just revised my 2022 predictions. I have taken out almost all expectation of increased production from drilling and taken a view that it generally maintains production (little boost allowed in Malaysia). I have factored in maintenance for all assets except GKA . I have, in my opinion been very conservative with predictions. comparative to well performing assets of the past. I come out at 55,350 boepd I reckon that will be high end of guidance. They tend to give themselves a 6k range so let's go 50-56 as guidance.

As a disclaimer I am fully aware that without any question of a frikkin doubt **** does happen, even when the lovely Aaron is willing to miss his frikkin Supper.

GLAXXX

Hi

Tarmak has found out it was a Magnus compressor gearbox and this might be the urgency of the repair.

https://www.linkedin.com/posts/daranjames_recentlya-relativelyroutineenquiryfrom-activity-6864609197833625602-CWb4

Doesn't seem that incompetent to me. I'd like to thank Aaron personally for missing his Supper.

Got to dash queue forming at the food bank.

GLAXXX

Hi,

Let's have a positive.

OU states that for ten days late October GEAD produced 328 boepd averaged Jan to Oct and that proforma Jan to Oct they were getting 10556 boepd. That means for that period GEAD was doing just under 11kboepd a day Jan to Oct . With the very low April GEAD figure this implies GEAD is going good guns Sep and Oct and potentially maintaining through Nov and Dec to acheive around 11.1kboepd. Yaaay us. Night.

GLAXXX

Hi L3,

Not on holiday. Need to take some time to compute.

Can't say I'm not in the disappointed camp. Holding this is like being an optimistic eunuch at a high class gangbang. I've convinced myself it is all going to work at last but it always let's me down and I'm forever left mopping up the pieces.

Back to the drawing board

GLAXXX

Hi Mclondoner,

You don't need a free slot at Magnus.

The drilling supervisor advert I found said the below would take place before end '22

"The slot recovery, drilling and completion of a minimum of 3 sidetracks
A production casing cement repair
A well conductor reinstatement"

I discovered "slot recovery" is abandoning the well bore at a certain point and then drilling out the side of it towards a new location.

Comrade Tarmak - I have never been able to find any info on Malaysian production outside of Enquest reporting.

GLAXXX

second link is

https://www.energyvoice.com/oilandgas/north-sea/363345/hibiscus-expects-anasuria-fpso-production-woes-to-roll-into-2022/

GLAXXX

HI McLondoner,

I can see no more on Eagle Field Licence and Hibiscus/Ping/AOG.

This predates me but is educational and offers some interesting parallels

https://www.youtube.com/watch?v=RKcV5ZlEpeA

If Enquest have just come out of an engineer hit it bang bang fix then Anusaria is the opposite right now.

https://www.youtube.com/watch?v=RKcV5ZlEpeA

Imagine the soiled gussets here if that was us??

GLAXX

ETA early Monday morning. Hopefully firing on all cylinders now. I had a scan of Bumi Armada reporting and forum recently. Have found snippets there before but no mention of Kraken at present.

GLAXXX

Hi,

Altera Wind has just turned Kraken.

GLAXXX

Hi,

It is not only the share price that is lagging:

https://ce0358li.webitrent.com/ce0358li_webrecruitment/wrd/run/ETREC107GF.open?VACANCY_ID=688582E7pU&WVID=362100DRzz&LANG=USA

Sorry, couldn't help it. Green stars all round though. I reckon the energy saving will cover todays share price reduction.

As ever all good in the world for us long suffering, persistently hopeful, oft disappointed, horney toed sons of sloth.

GLAXXX

Hi

https://www.theguardian.com/business/2021/nov/11/boris-johnson-aide-lee-cain-warned-consultant-pr-regulator

GLAXXX

Hi.

I imagine that the auditors or competent persons on various corporate actions would have previously flagged up any back pocket deviancy. Think AB is likely in the clear. Charities are highly scrutinised also so let's assume the charitable foundation is in good standing too . . . if a little short on investment income . . . right now.

It's 1000 posts to 60p so I might have to shut the **** up quite soon!!

GLAXXX

Hey Romaron,

Thanks for research. I think I was hopeful for Caroline flagging up Orca as best practice. Appears it is a repetetive agenda. Tick a box, move on. A persistent challenge or a waste of time?

GLAXXX

Hi,

I'm sure not many have missed out on this but "Tanker of the Year Award" has just been published and has gone to Chemical Tanker - Prospero.

https://www.rivieramm.com/news-content-hub/tanker-of-the-year-2021-68326

"Live Knutsen" was nominated but alas.

Further news from the Knutsen stable is that the sister ship "Dead Knutsen" is being devoted in its entirety to Kraken and will be the next tanker to arrive to coincide with the start of Cop27 with first load already booked to the Bemuda Triangle.

Maybe we could have our own "#anker of the year awards". Time to break Neil out of the strait jacket and give him a polish.

GLAXXX

Hi,

I thin it's probably the Snergelly Hose. It says quite clearly on the wrapper that they are only good for 50 million barrels.

Keep Calm and . . . .blah, blah, blah.

GLAXXX

Hi,

We've recently decised to keep it shtummm. Kraken is producing so many barrels that we are taking in tankers daily undercover. Please don't let on. This of course means the share price is actually, undeniably, obviously, worth over 60p, so please bid away at that level. Hoover up as many as you can and there will be a free brandy schnapps at the subsequent party.

Welcome back on board - bid high.

GLAXXX

Hi,

The IK Captain is pished again and has put Baldur instead of Balder.

Three lined up at Aberdeen, Aurora Spirit "Drifting off Stavanger" and a few oddities at Skagen. Heather at Schevingen. FFS it has to be one of them. That snergelly hose ain't getting any younger.

GLAXXX