RE: I don’t mean to gloat28 Feb 2019 21:04
mrJimV,
"Could well go up past a billion soon enough, we are coming into March tomorrow not only HUR going to start pumping the oil once they get the new rope , Spirit Energy will be drilling soon , hell of a lot going on this years with operations, also a hell of a lot of investors watching this share ."
Although I personally agree with the overall (upbeat!) thrust of your post, it contains an inaccuracy which must be corrected. Please forgive me for doing so.
No, they won't. Hurricane Energy will be drilling soon, first with the appraisal well on Lincoln, to be maybe tied-in eventually to the Lancaster FPSO, though it'll be DST'd first, and then 'exploring' Warwick. Sorting out the GWA licences, at long last.
This will be straw-bossed in the field by Petrofac as in previous campaigns, under whose name the required permits have already been obtained, but under Hurricane's oversight as lease-holder and 'operator'.
All Spirit Energy will be doing is signing the cheques, although naturally they'll be kept in copy on the daily drilling reports.
I'm aware that some posters here aren't happy with the 'Spirit deal', but nevertheless without them signing those all-important cheques, Hurricane probably wouldn't be drilling GWA this year.