There is far more to this than a" half bad drill". P&A.
Like what? A rumour re. water at Lancaster that was put out there a good 4 days after the result? The result was P&A but with a few potential positives re connectivity. This alone should never have meant we are instantly worth 250 million less. Overdone massively and masses of spooked PIs .
Couldn’t agree more. Hurricane’s story is one of slow but calculated progress and keeping promises. Fundamentals are all still good and money is flowing in. Amazing how much we have lost on the back of a half bad drill.
It should be noted that this result is not yet a fully explained and known result. If Trice and team can demonstrate that Lincoln and Warwick are connected then that is much bigger deal than anything else relevant to the flow rate on the drill. The initial flow rate is low but they haven’t explicitly said that it’s not commercial yet. I think there is a suggestion in the RNS that they are looking at how the fields interact....
Hurricane and its joint venture partner on the GWA, Spirit Energy, are currently evaluating the results of the three wells drilled and tested in 2019. Further technical analysis will be required to determine the impact on the potential for the GWA to be a single accumulation, and on volumetrics.
ROLL UP ROLL UP !
Black Monday BARGAIN ( fractured) basement prices!!
I think we are seeing a new improved PR approach from Hurricane that now realises the importance of better communication
Alken Capital One Fund, FCP-FIS - One is an open-end fund incorporated in Luxembourg. The Fund's objective is to provide capital growth. The Fund invests in a growth/value style biased portfolio of equity securities of undervalued European companies with a high growth potential and investments in securities of European or companies with European issues.
This is a blip on the long journey. This morning will be a bit depressing to look at, but not a good reason to sell if you are in this because you believe in Trice and his vision . Bad day for the short termers and good day for the traders. Just another day for the faithful LTH
More like 45p
Is further positive news and there is plenty to be optimistic about in the next 12 months
It's never too early for pizza in Scotland. Let's hope she's moving North West soon. Is the weather looking good in the next 72 hrs?
Grampian Sovereign arrived from Aberdeen this morning to meet AM in deeper water... could this be a rope? Or maybe just Deliveroo
She’s moving at 2 knots though which might suggest they are not underway quite yet.
More like “Houston, Adoubleuk has a problem” Adoubleuk- where is your sense of humility? Reality is unknown at this stage. It’s clearly difficult for you, but probably more mature to stop speculating on what’s happening. Maybe in light of the fact many posters on here keep saying how irritating your musings are you should bite your tongue until you (and the rest of us) become informed - by those who actually know. FOil is scheduled H1. It’s Jan 6.
Dreaded wait... how long until we know how the well is performing?
Been in for 4 years now and seen the ups and downs with equal amounts of joy and (mild impatient and naive) despair. I have always thought that this man’s vision and his discovery was going to deliver. This moment now feels like a watershed for Hurricane. Hoping 2019 is the transformation year