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Mr B
He was referring to Lancaster I believe. If I'm honest I didn't really concern myself as it was pure speculation. I am prepared to watch the SP fall to new lows, followed (in my possibly entirely deluded opinion) by new highs. Lancaster has exceeded expectation. Lincoln's results were positive. The result at Warwick West (a purely exploratory well and I gather extremely useful in further data analysis) was by no means a failure. Priorities are focused on producing at Lancaster and building up data on the entire Rona Ridge as a long term exercise. In my view someone or perhaps someones have a very clear agenda for scaremongering - which to me, I'm afraid, wrong or right, is just a 'buy' signal. I urge you to take time out and get your head around the data on Hurricane's website, review the demand for oil and gas in the next ten years, it's not decreasing and consider in whose interests it might be to bring the SP down?
Albi1 - was he referring to the recently drilled Warwick or Lancaster wells ?
However, his data on potential increase of water was not calculated using the same time periods or frankly data that Hurricane use. It was, perhaps he may agree, in hindsight not entirely fair to attempt this, but nevertheless his, I would suggest if you read Hurricane's actual findings on their website, were not accurate. The naysayers, traders and whoknowswhaters in the employ of whoknowswho then jumped on this to scare holders into selling. This along with the dip in SP has led to a sense of despondency as we currently inhabit a sea of red. The naysayers and panic mongers have used this to infer that perhaps Hurricane's next update is bound to be negative. This goes against all the current evidence in play, ergo - it's total bull**** and hold.
Thanks.
Probably been served.........
Mr B
In short, DSPP who has posted some very thoughtful and considered things on Lemon Fool and on other boards, posted some speculatory findings based on data he gathered from the Oil and Gas Authority website. However, and it is an ENORMOUS
Mr B, Re: 'Please excuse my ignorance, I’ve been away for a couple of weeks.
Can someone tell me where all this hysteria about water % originated from ?
Nothing in RNS’s.'
Was posted on a website called 'The Lemon Fool', for some reason it isn't online today.
Postings were on page 39 or 40, I recall.
https://www.lemonfool.co.uk/
Look up HUR Forum discussion pages when it comes back online.
Please excuse my ignorance, I’ve been away for a couple of weeks.
Can someone tell me where all this hysteria about water % originated from ?
Nothing in RNS’s.