From my research , oil demand normally starts in the Q2 of every year, hence from April onwards the demand is even stronger and will spike up the oil price. The supply for oil will decreased drastically simply due to under investments in oil exploration for the past 3 years, even the shale oil alone cannot meet up with the demand. The inventories in the storage are now at critically low in OECD countries which will spell more problems when the demand catches up. Again this will spike oil prices up.

Buy SAPNRG simply because of ONE reason ie crude oil demand is good and the price is UP

Crude oil rally coming soon.

When crude oil price is up, natural gas also up, then coal will be in demand because it is CHEAPER than oil. This explained why Huaan is moving up.

Very difficult to read the selling and buying mobuzz, but one thing is for sure and easy to read ie Brent oil price is UP ,

China's Composite PMI for March is 54.0 which is very high showing strong economic growth. This will surely drive oil prices rally !

Expecting an oil price rally very soon due to extension oil production cuts into mid 2019 by OPEC and also global demand for oil is strong. Gasoline demand will improved the profit margin of oil refineries and oil prices uptrend will improved the profit margin of oil producers. These will help to increased CAPEX which in turn will help SAPNRG getting more contracts awards. As it is now the current orderbook is RM 16.6 B which is at 5 year all time high.

Hi mobuzz, you are back ! SAPNRG on its way up because crude oil is going to hit 75 soon.

Yea, where is mobuzz ? Miss him too. Hope he is ok.

China is building more storage huge tanks and containers to buy up oil as it is still cheap.

US SPR having problems . Their oil has very dangerous level of hydrogen sulfide which is very corrosive to pipes and refineries. That means US oil reserves becomes less effective as energy security tool.

EV cars having great problems too following a fatal crash and ongoing problems with manufacturing the Model 3, Tesla share price dropped more than 13% this week. That means cars using gasoline is still much safer.

May 12 will be the next talk between Iran and US regarding the nuclear deal. The new National Security Advisor is John Bolton who is very 'hawkish' in his policies. He is the guy that pushed for the Iraq war when Iraq attacked Kuwait. These are the few reasons why geopolitical risk will cause crude oil prices to go up.

SAPNRG is an oversold prized assets capable of actually benefiting from the current financial environment. Underlying macroeconomic strength ( both in the US economy and around the world ) suggests consumer-driven demand will continue to be a catalyst. Crude oil is so bullish moving very fast from 50 pb to 60 pb and now 70 pb. Soon the oil industry will face a tremendous shortage of oil supply because of very little capex spendings for the last 3 years ie 2016 to 2017. Now as we move into 2018, the global demand for oil will push oil price back to 140 pb which explained the K-Wave theory.

5 reasons to invest in SAPNRG. 1. World renowned og services and EP too, 2. Strongly supported by Big Funds ,like EPF, PENSION and ASB, 3. The last two awards in Feb and March 2018 totalled RM 5.7 B, 4. Crude oil is up due to strong global demand as shown in the PMI reports of the developed nations like Japan, China, USA, India , Europe and even South Africa and lastly but not least 5. Gas found in B15 SK310 and soon SK 408 which will soon be SAPNRG cash cow.

Hi Tradeshare, SAPNRG is still good to move up. This is an opportunity of a lifetime to buy cheap knowing that crude oil price is above 65 pb far better than 30 pb in early 2016. Current orderbook is RM 16.6 B which is the best in 5 years. The last trading day of March, SAPNRG reached the FINALE in great style ! Stay tuned for more pleasant surprises. Happy holidays to everyone. Cheers

A great FINALE SAPNRG . Well done, SALUTE ! Now , SAPNRG is ready to take on April with even greater acheivements and more astonishing awards.

Come on SAPNRG , you can do better than only 53 s. Lets see a good convincing finish for the last day of March !

Inix is an excellent well managed company with lots of growth potential . Now that the QR was out yesterday, the skies are clear and the direction for growth is all set.

Oil is never enough. With robust healthy growth in the economies of many developing countries and the developed countries, oil is a must for any growth.

Big FUND buying very FAST.....

In Oct 2014, oil rig count was 1609 rigs which is all time high thus resulting in oil price plunge. Today , the latest countbonly 798 rigs which is only half way mark from its high. With increasing demand from the robust economies of Japan, India, China, the EU, and of course US, oil is never enough. Coupled with the production cut by OPEC and NOPEC, oil prices can omly move UP !

SAPNRG will raise again. The past years was bad because crude oil price plunge in Mid- 2014. Now crude oil from a low of 30 pb slowly moves up to 40 pb....45 pb....50 pb....55 pb.....and now it is 70.27 pb, the May futures contract for Brent ! With oil prices recovering fast, in due time capex will increase to meet the hungry thirst for oil ( oil is never enough ). SAPNRG will be winning more contracts across the globe.....henceforth....SAPNRG will SHINE again. Never listen to Naysay.....always do your own research.....and buy......keep......long term.....wait for SAPNRG to shine again.

SAPNRG has been dropping for the last two days of trading with all the bad news about QR already factored in. Now we can look forward for more contracts in the near future. Order book now is RM 16.6 B, which is the highest in 5 years !

In the oil market , you can play long or short. In SAPNRG case, you must play long and WAIT.

Brent oil for May futures is 70.27 pb. Oil rig count dropped by 7 ( some said 6) which is a lot. US keep exporting oil because WTI Crude is cheap and the spread with Brent is around 5.20 pb. Soon , US inventories will be dried up. Then Oil will hit 80 pb. Then more capex , SAPNRG will be able to bid for more contracts across the globe.

Sapura is good, guys. Buy b4 you regret. SAPNRG has many years experience and also the network in the oil industry. With so many good news from Mexico, NZ, B15 SK310 , BRAZIL and Mubadala, surely SAPNRG will move uptrend .

Lets wait for DIVIDEND.

When Inix starts to give out good DIVIDEND, then these will tell us the company truly has SOLID CASH !

Hi YLR33, the other income 2.8m could possibly come from the investments in HyperQB Sdn Bhd or Galactic Maritime. The BODs did mentioned that these two purchases are meant for additional income for Inix in the future back then in 2016. If the next 2 QR are just as good and soon Inix can gives out good DIVIDEND , this will certainly attract the BIG funds like EPF, PENSION and PMB funds to invest in Inix.

Crude oil UP, Brent at 70.27 pb, capex spendings increased tremendously.....https://oilprice.com/Energy/Crude-Oil/New-Oilfield-Capex-To-Surpass-800-Billion-By-2025.html

Hi rr88, very true the supply from US has increased, likewise the production cut from OPEC will extend to end 2019 and the global demand for oil is robust. So the oil price will be on its way to 75 pb. Natural gas price is also up.

The gas field of B15 SK310 output is 100 MMscfd, now natural gas is at USD 2.76 / MMBtu, SAPNRG has 30% interest , then by my calculation SAPNRG will have a revenue of about RM 30 M per Quarter

You are most welcome, dex

As of now, the big funds like EPF, ASB and PENSION FUNDS all stopped selling already.

Why sell when the sky is now clear , keep your valued shares. I believed more good news coming for SAPNRG since global demand for oil is good. Oil is never enough.

http://www.theedgemarkets.com/article/sapura-energy-and-partners-win-hardfought-block-mexico

Brent oil price is still good USD 69.58 pb, robust global demand , more incoming awards in the future .lets see how it goes tomorrow. SAPNRG is good to go upwards for one simple reason ie oil price is good.

Bye.......thanks ........see you in SAPNRG

My hobby is research and study in details and SHARING INFO.

Thanks magnificent2 for sharing

Ok guys, I am going for a holiday......bye......, now I am active promoting Sapura Energy.

QR is OUT ! BIG BIG BIG PROFIT ! .............Now we have the " new " INIX.

REBOUNDED............MEXICO AWARD HELPS

Good news for SAPNRG. Award from MEXICO ......please refer to Bursa Announcement

Buy and WAIT 2 YEARS because oil is going up due to strong robust global DEMAND

Hahaha.....now we are GREEN .....GREEEN....GREEN......

SAPNRG with many years experience in the oil industry surely know how to get out of the problem. Now we are back to 50s

Buy Sapura and lock in , see in 2 years time. So long as oil is above 60 pb, NO WORRIES.

Rebounded, 49s selling 7m , all eaten up in 1 second just now