fynne
13 Feb 2020
Warwick & Lincoln 3 wells drilling 2020 Ricfle: Hence Lancaster is not proved to a point Haha I did add the (to a point) it has produced consistently so far (from what know) but like you suggest it is still early days. posted some while ago about my frustration with production figures and whilst I have always respected that HUR were in testing mode, the take off through Aoku would have been known. … ie simple “bop to date (X) etc†… not hard? Water cut will now be printed in the quarterly report and I look forward to that… along with the production figures. Ricfle: The 2019 drilling and EPS have raised more questions than answers, this is why the SP is where it is. Totally agree . could have been a different story … it wasn’t ! But, that doesn’t mean that a future drill on Lancaster won’t be productive or that Spirit will not honour their drilling commitments… will HUR break some news or will it be March … time will tell
Ricfle
13 Feb 2020
Warwick & Lincoln 3 wells drilling 2020 fynne: What HUR have in Lancaster is proven (to a point) Problem with that statement is you are ignoring the water cut! Will it go up? Will it go down? Who knows? Not you, me or Dr T, only mother nature. Hence Lancaster is not proved to a point. Is Warwick commercial, looking unlikely. How about Lincoln? Spirit do not seem in any rush to pump more money in. How long will Halifax remain on hold? The 2019 drilling and EPS have raised more questions than answers, this is why the SP is where it is.
Ricfle
13 Feb 2020
Warwick & Lincoln 3 wells drilling 2020 carliol: There’s no-one more disappointed than I am at the fall in the Hurricane share price. But you did not have the decency, respect or balls to call HUR a sell. For the most part you have refused to discus any down side to HUR and prefer to talk about the weather and how wonderful Cumbria or what ever is. With the above attitude you really cannot complain when other board members call you out. I would suggest that LTH who remain invested will be more disappointed that you! Try asking Bobsson with his 45p average, before he finally has his break down, just how disappointed he is and how he could have benefited from your advice.
Ricfle
13 Feb 2020
Share Price bobsson: You were guessing the share price! Why did I put a question mark after the “32p in 2022?†in response to you? bobsson: Sadly there is no filter button on this website Or you could filter yourself, every time you mention any number it is guaranteed to be wrong.
fynne
13 Feb 2020
Warwick & Lincoln 3 wells drilling 2020 briansb12345: In fact most of the knowledge I have comes from reading these boards so more fool me! What HUR have in Lancaster is proven (to a point) and producing 20,000 bopd give or take. Lights are on, bills are being paid. Warwick has not lived up to expectations and the market reacted, partly (IMO) because there was no plan “Bâ€. Least not one that isn’t a few months away. Selling either to take a profit or reduce a potential loss. Nothing wrong in that? Is 15p the bottom… maybe Will the price recover … probably
ash6666
13 Feb 2020
Warwick & Lincoln 3 wells drilling 2020 It’s always someone else’s fault, isn’t it?
bobsson
13 Feb 2020
Lancaster Oil Production ( EPS ) With storm Dennis arriving this weekend the offload is likely to be the middle of next week? Sadly share price still below 15p 13/2/2020
bobsson
13 Feb 2020
Share Price ??? You were guessing the share price! You even quote my post giving the bull argument of potentially 40,000 bpd in 2022. Sadly there is no filter button on this website and you are either banned or filtered on the others. You are now on ignore.
unclebrooka
13 Feb 2020
Warwick & Lincoln 3 wells drilling 2020 Fully agree Brian, I’m in a similar position. One thing that irks me more than a smug git is a retrospective trader and there are several of those on here. I’m sure that if this share ever gets back to where it was trading a few months ago we will have a deluge of comments from those that bought in at 15p… of course whether we choose to believe the BS or not is another matter…
Ricfle
13 Feb 2020
Share Price bobsson: Your guess is as good as mine I was too lazy to guess, so I just read the RNS: “On success, and subject to regulatory consents, the Company would intend to tie-back the Lancaster -8 Well to the Aoka Mizu FPSO in 2021, with a provisional first oil date in Q1 2022.â€
carliol
13 Feb 2020
Warwick & Lincoln 3 wells drilling 2020 Hello Brian, There’s no-one more disappointed than I am at the fall in the Hurricane share price. But prospective investors in a company should carry out a thorough research of the company via a wide range of sources that should include a companies web site and RNS’s issued. Most of the posts on boards such as Hurricane on II are from investors already invested in Hur. I can see nothing wrong in such an investor being enthusiastic, optimistic and positive about their investment. However, if you go through some of my posts you will find that I refer to Hurricane as a company that is not for widows and orphans. This could apply lots of companies on AIM. If you want to see how volatile an oil share on AIM can be, read the following link to a Morgan Stanley item issued in Sept 2018 re their perceived potential of Hurricane. I’ll let you make your own mind up about it. Proactiveinvestors UK Morgan Stanley thinks Hurricane Energy could reward investors with a “very big... The geologically complex nature of Hurricane’s West of Shetland assets means the market isn’t seeing the bigger picture potential, claims Morgan Stanley Cariol
bobsson
12 Feb 2020
Share Price Ricfle: Two years plus to wait to double production and hence double the SP, 32p in 2022? Your guess is as good as mine
Ricfle
12 Feb 2020
Share Price bobsson: 20,000 bpd rising to 40,000 bpd in 2022. Two years plus to wait to double production and hence double the SP, 32p in 2022?
Ricfle
12 Feb 2020
Dividends Bobsson/Albi1 bobsson: More lies, you know HUR are going to produce 40,000 bpd from Lancaster field. You really are an insulting idiot. Hurricane are going to increase production to 40,000 barrels per day then 100,000 barrels a day? At no cost, according to you, so they can also pay your fictitious dividend. Load of BS! bobsson: So it could be quite a lot cheaper. Than $187.5m, lets try ($187.5/7)x5 = $134m, plus 2020 drilling $52.5m, plus long lead items for the Lancaster production well $75.5m giving a total of $262m, just to increase by 20,000 barrels a day to 40,000 barrels per day, so for a further FPSO of 100,000 barrels a day $ 1.310bn Bring on the dividends, paid out of what? According to you, I lie! How would you know that when you can not add up simple numbers?
