Member Info for WEny

Tom8080

And if you have Brent on 62 for the year you dont count any premiums or do you think the Brentprice is is lower for 2020 and counting with premiums?

Tom8080

Very consevative if you think we will have lower production FY 2020 than H1 2019, why?

https://oilprice.com/Energy/Energy-General/The-Oil-Industrys-Radioactive-Secret.html

Really scary dream! :)

Dont worry Hitman, i have been all-in and now i only have 95% Enquest. :)

No me either, they, i know they have Heavy/Sweet oil, 0,5% Sulfur, No Debt, and production between 12-16000. Been alot of noise of them from twitter so i am reading all i can about them.

Anyone of you have an opinion about Petrotal?

Hello.

Looks like a very interesting case, do they get paid in Brentprices, Do they have Premiums on Brentprice? Why does production seems to fluctuate som much?

Br

Amjads purchases last 7 months:

2019-12-06 156.744 st
2019-11-29 796.874 st
2019-10-25 145.039 st
2019-10-18 2,154.756 st
2019-10-01 120.686 st
2019-09-13 896.793 st
2019-07-10 1,037.334 st
2019-06-28 885.067 st
2019-06-07 417.577 st
2019-05-31 320.686 st
2019-05-24 489.320 st
2019-05-17 545.965 st
2019-05-10 483.688 st

Haha, i agree! ??

No under 0.5 sweet
Over 0.5 sour

The smaller the better
The more illiquid the better
The least institutionally owned the better
The more misunderstood the better
The less talked about the better

You make money by driving through the fears of other investors.

I think we can check off all of the above for Enquest up to now.

New Buyrecommedation.

https://www.avanza.se/placera/telegram/2020/01/14/enquest-canaccord-hojer-rek-till-spekulativt-kop-behall.html

Maby they get the best price from there.

https://shipandbunker.com/prices#VLSFO

This is what Smilla for swedish forum have got from directly from IR, and its from October, so the effect should be greater now:

Eftersom jag inte skriver på lse men jag kan svara angående olja från olika fält som Enquest opererar, uppgifter har jag fått från IR som har varit vänlig att hänvisa till länkar för att söka info ifrån.

Olja som produceras i Malaysia PM8/Seligi går under Terengganu Condensate och är den högst betalda oljan i världen +$10 på Brentpris.

Quality: Light Sweet
Sulfur level: 0,00%
API gravity: 73,10

Olja från Kraken som har ett eget Benchmark och betalas 3-5 USD över Brent.

Quality: Heavy Sour
Sulfur level: 0,7
API gravity: 14

All övrig olja säljs under Brent/Fortis och betalas med Brentpris.

Brent- Ninian-Blend

Quality: Light Sweet
Sulfur level: 0,40
API gravity: 37,50

Fortis Blend

Quality: Light Sweet
Sulfur level: 0,79
API gravity: 38,70

http://mfame.guru/sweet-crudes-as-imo-2020-bunker-fuel/

I recon the Krakenoil is labelled as ”Heavy Sour” oil, but its very close to ”Heavy Sweet” that generates the most premiums with the Imo2020 effect. In global crudeproduction Heavy sour is 11% and heavy sweet is 2%, so it is kind of unusual.

https://www.google.com/amp/s/seekingalpha.com/amp/article/4274162-crude-oil-quality-will-matter-point

calvinfroedge@calvinfroedge says:
The right answer is it depends. Typically in a time charter the charterer (could be a refiner like Reliance or a state oil company like Reliance) would pay the bunker fee, and the ship owner gets paid at the end of the voyage, but some nuance. In some cases ship owner pays.

On who usually pays for freight.

https://medium.com/@calvinfroedge/changing-oil-landscape-could-be-a-boon-for-crude-carriers-and-complex-refiners-73f68653ab2b