Member Info for adoubleuk

mrmisterfox,

"ADUK - the only important question today, is: how is the lovely Clara?"

Indeed, that's important. And also I went to that café twice today, because with the nice weather I prefer to keep up with things with a beer in front of me.

And also, (I think fortunately), it was Clara's day off. Fortunately, because like that she wasn't subjected to me moaning about having a bad day regarding my shares, or even worse (had I got drunk), starting to talk about dry holes.

I totally agree with those who think that today's SP drop is absurd in proportion to the admittedly bad news about WD. But the river continues to flow...

Albi1,

"What a crappy day ..."

Scroll back down and find the link I sent of Sheryl Crow's set at Glastonbury. If it doesn't cheer you up, nothing will! Utterly staggering bit of playing by the guiterist, towards the end.

WWN,

"Jim. I sold today. Not a while ago. The facts changed."

'Facts' (by definition) cannot 'change'. It's simply yourself who changed your mind regarding your shareholding in HUR. Your decision, which everyone surely has to respect. I thought you were one of the more 'sensible' posters here, and responded to some of your 'techie question' posts. But now, I won't.

WWN,

(example)

"3. Lifting. There is some detail, but not much more than processing capabilities of the AM."

Didn't you say this morning that you'd sold?

If so, why still posting?

SG2,

" it's not the structural closure aspect per se that concerns me, but what the implications are for the 3-d geo fissure models for the reservoirs. "

Yes.

It's one of the things which made me decide to take a nap midday, and digest the morning's news. Because it puts the entire 'modelling' into doubt.

But equally, it's the reason I got up again with a grin on my face, didn't even look for the sell button, and so on.

Maybe it's Confidence Bias or whatever. If I were in the mood, I'd have gone to my assorted documents to look at the seismic and other background stuff about 'Warwick Deep'. But I didn't. It can wait 'til tomorrow.

Because my 'gut-feeling' remains that this campaign was kicked off with 'riskiest first', hoping it might be the cheapest way to go and gather the data. But thanks to TO and Petrofac screwing-up, it hasn't been the cheapest.

Yuyus,

A forthright post. Honest. As I myself try to be.

You mentioned the 'no losses in the horizontal' thing. And must now admit that at the time I completely misinterpreted that info. I was wrong, those who argued a different slant on things were right.

But (just to show face and 'defend' myself a bit), although I probably know more about oilwell drilling than 99% of posters here, I'm not on the rig, and don't have access to instantly-verifiable data. Wish I were.

So my apologies to anyone here who took my 'upbeat' feelings about the WD well to heart and have taken a paper-loss as a result.

Guess I'll just have to be yet more careful about info received about Lincoln. 'Cos a lot's hanging on success/falure of that well,now...

SotB,

'AFUK' ????

Back to ONE pint for you, bloke. Or maybe just a half...

SotB,

"ADUK: at last a bit of common sense in your post !"

Really? Coming from you, I take it as a HUGE compliment. I'm now prepared to buy you TWO pints, should we ever meet up, not just one.

PS Which was the sensible bit?

Oh, and while typing, I forgot to mention the punchline! Silly me.

When I walk into a casino (or invest in an AIM-listed share), it's with one simple thought in mind. Not to have 'fun', not to find a new lady-friend (though that would be nice), but to MAKE MONEY. Fully aware that around the poker-table, everyone else (some of whom I consider friends) are there with exactly the same thought.

If you can't stand the heat, etc....

Funny how many posts here today are from people we've never seen before.

johnpwh,

We seem to be 'exchanging' a number of posts today. But given we've obviously got similar musical tastes and that you don't object to me mentioning cardgames, maybe that's not too surprising. Also you write sensibly, as I try to do. (Apologies for garbled stuff this afternoon: I was using my phone.)

However... (from your earlier post)...

" But I will challenge the thought that the company put everything on red with WD"

That wasn't the thought I was trying to express. They didn't put EVERYTHING on the red to start with! Just a bit...

I have it on very reliable information that Spirit (footing the bill for this drilling campaign) isn't just a "sleeping partner', and have some say-so in timings, and so on. Which sounds quite reasonable, I think. It mustn't be forgotten that without their input, this campaign wouldn't even be happening, which is a reason I find it rather 'unfair' that Hurricane's SP has been hit so hard today.

So I can see a certain logic as to why maybe the 'riskiest' well was undertaken first, in some ways. Bec²ause the risk/reward was great. Unfortunately it didn't pan out, partially because Petrofac and Transocean screwed the pooch more than once.

Some people here like comparing AIM to a casino. I don't understand their beef. I'm quite at home in casinos. You have to show ID to prove your age (no problem in my case!), be reasonably-dressed, not visibly intoxicated (at least when you enter), have some money, and so on. People not meeting such standards are barred entry, or if once inside go 'outside the standards' are thrown out. Sometimes forcibly. There are cameras everywhere. I feel 'safe' in such places. Don't worry about leaving my 'man-bag' (containing all my documents, keys, bank-cards, and maybe a grand in cash) on the back of my chair if I have to go to the toilet. It's the same as leaving your wallet on the roof of your car in Saudi Arabia: 99.9 times, when you get back, it'll still be there.

But (like Saudi Arabia) you've got to have a REASON to enter a casino (or AIM - listed shares) to start with.

OK, some people do so for the 'fun and glamour'. Others, (the slot-machine players) are brain-dead. Some (roulette) believe in 'luck'.

One one or two rare occasions, after a spectacularly profitable night playing poker, I've plonked a 100-euro chip on the Red at the roulette table while going to the 'cage' to cash in. And it's only not worked once. But pure luck. And I wouldn't do that first thing, on entering the house.

But oilwell drilling isn't a question of luck. We now know that a 'deep' horizontal outside structural closure on Warwick doesn't work. So now let's see what does...

johnpwh,

"Apropos of nothing, as the great philosopher Sheryl Crow once said, I have just been kicking around some numbers on a spreadsheet"

I have searched the great philosopheress's songsheet, but am unable to find a reference to kicking out numbers on a spreadsheet.

And in fact, it was only yesterday, reading my online 'Times', that I learned that that fascinating lady had played at Glastonbury. Why wasn't she the 'headline act'? Had I known she was appearing, I might have robbed my piggy-bank and gone there for the day.

Here's some footage I've found. "Every Day is a Winding Road" Most appropriate for we Hurricane Energy shareholders, I think!

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

Cpel1,

"Just shows you people on here who think they have plenty of industry Knowledge really don’t have a clue what’s going on behind the scenes"

Dear Stagehand,

Please let us know, next time.

Foresight22,

Excerpts from your post:

"WD was Dr R-T experimenting with Spirit money! He was just over confident - always drill vertically first before planning horizontal!"

Hmmm. Easy to say with 20/20 hindsight. But there's bound to be a ricochet effect (referring to your pseudonym, note!). That confidence rubbed off onto the bystanders. Or this particular one, at least. Dr T isn't the only one to be 'disappointed' by the result. So am I. It's like seeing your home team lose after an unbeaten season. The fact that WD WAS drilled immediately as a horizontal inspired huge confidence, simply because it was indicative of such confidence by the well's planners. That confidence is now severely shaken.

"At least WD is a discovery"

Is it? Please quote references.

Apachewind,

"would we still have put a gauge or two in WD or does the 'abandon' mean not?"

No gauges. 'Plug and Abandon' means what it says. Run a scan over the seabed in six months' time and there should be no sign that an oilwell was ever drilled there. It's very rare for Hurricane to completely P&A. They have a number of 'suspended' wells: Lanc 4z, Whirlwind, Halifax.

Not to leave WD 'suspended' and possibly acting as an 'observation well' with gauges installed is meaningful.

There is a line in the RNS which troubles me greatly.

"The well did not flow at commercial rates producing a mixture of drilling brine, water, oil and gas."

Hang on, Lower Easham. What are you telling us? Did the well flow, or didn't it?

Ouch. Interesting times. Still, goes to show you can't win 'em all. Warwick Deep turned out to be a pair of Jacks. Always an untrustworthy hand.

My optimism for this well was obviously misplaced, and the rumours I was receiving maybe a bit noisy. However the RNS is fairly unequivocal and provides good data. Time to sit back and reappraise things.

New poster 'nufcfan' seems to have asked today's most pertinent question. "So in the grand scheme of things will WD be seen as a discovery with caveats ?"

I'd like to know the answer to that, as well. Because on that hinges the question of whether Warwick (and by extention, maybe GWA) should be considered a real asset, or instead its opposite, a liability.

Oh dear. Wellwell, I thought you were having a nice bbq party! But instead, you're writing this:

"If you are at all rational, you don't "support" something just because it might be good. That's something else and it's called betting. This needs to be proven. At the moment we have two wells apparently doing ok (unless you are able to scrutinise SotB's post the other day ) We also have one well that was a complete and utter 'not able to flow' well at Halifax and potentially another here at Warwick. Add all that together then frankly I'm not surprised the market is viewing this with a little bit of caution.Not de-ramping, just rational."

At university (UEA) I once made a run at election as President of the Student's Union, under the bheader 'The Rational Vote'. It was heavily supported by a whole bunch of weirdos, posters were printed (maybe still to be found on ebay) with my ugly mug on it. Long hair, and hat, though not the nice one I now wear.

The whole thing went down the pan because my brother suddenly to get married on the same day as the 'hustings', and I decided that family went first. So I had a Chinese meal in Oxford instead of being onstage in Norwich. Where I reckon I could have pulled the vote off , otherwise.

Though God knows what might have happened if that alternative universe had transpired....

Yeah. Let's 'be rational'.

There is a sodoff-big FPSO currently proding oil fom Lancaster. There are various 'suspended' wells' awaiting re- entry. The 'resouce' is already enormous.

It's the 'market' that's 'irrational'. But that's OK. Stupidity often works .

I'm a poker-player. And it's not the number of pots I win in an evening which interests or motivates me. It's winning the 'big one', instead.

WWN,

Nice one.

I (personally) get arsed-off with all the stockmerket-type talk about 'undervalued' and so on, the spivs running the SP up and down, and all that associated merde.

(Apologies to the ladies for my language, but it's true).

If the UK is so stupid as to not support this entire venture (I no longer live in the UK), then its inhabitants are dumber than they already appear on 'foreign' news-channels.

Wake up, kiddies.

It occurs to me th that there hasn't been a 'song for Sunday' in typical O/T fashion.

So here's one.

https://www.youtube.com/watch?v=py0j7JAP5AA

Don't mean nothin'

mrmisterfox,

" meanwhile I'm picturing a young girl in a cafe named Clara calling the police and asking them to come and collect the scary man who keeps asking her about obtuse angles.... AK - you better make yourself scarce ( :-) ) "

You're imagining the wrong sort of picture. Even if it's an entertaining one. I admit the tie-died Grateful Dead 'Skull and Roses" tee-shirt I've been wearing today sometimes frightens young children passing in the street, because it's a rather disturbing sort of image. But Clara congratulated me on my colourful apparel on this sunny day, before I asked her the 'angle question'.

And anyway, no way she'd call the police. She knows them, I know them, and they know me. In all the best ways possible. Despite the hat and my unusual hours kept, I'm a law-abiding citizen. Except when I break speed-limits, but I know where the cameras are. (Or aren't, any more ! :-) But that's due to the 'gilets jaunes', not me. And I'm not one of them.)