Member Info for Biffadog

Nice out. I'll be interested to see the answers to what are very fair questions.

I suspect it won't happen, which says an awful lot.

I haven't abused anybody. If you read back you will see RO abused me when he asked if I was "special needs". Nice.

All I've done is highlighted his lack of credibility when it has arisen. It's up to each individual to make up their mind if he is genuine or not but anybody that comes on a public BB and states they have contacts here, there and everywhere AND is also happy to share that sort of information, deserves to be questioned.

GLA.

RO,

So going back a few days, everybody's best guess of 450k has come in. Given the 2nd offload was 450k (approx) this was not a difficult call to make.

I'm interested why a seasoned oil man like yourself would suggest that they left 1/3 of the oil on the AM though. Under what circumstances do you think they would ever do that ?

However, the big question remains. For one with such great contacts and the obvious desire to share your inside knowledge, why did you not post during the WD drill when it really mattered and highlight the lack of drilling fluid losses and/or the results of the DST prior to HUR's RNS ?

Lastly, has the TO flared yet ? Surely with such great contacts on the TOL you will know the answer to that one. I do.

I remain highly sceptical but look forward to a direct answer to some very fair and direct questions.

GLA.

Nobody on ADVFN has said there has been flaring on the TOL.

Somebody has mentioned the subject, that is all.

It's too early for DST anyway, especially if you believe the rumours on here regarding a fishing trip (successful).

Sorry to spoil the party.

GLA.

Who said they left 1/3 on the AM anyway.

It's all pretty irrelevant anyway, as if there is a problem with the EPS production, then HUR have clearly told us they will RNS the market.

I agree it would be nice to know the figures but with that can also come confusion (see my post of 15:46).

No RNS so all is well.

GLA.

RO,

If you read my post properly you would understand that this is exactly the information that HUR is not willing to provide (to me or anybody else).

I have simply asked them to clarify how much EPS production information they are willing to supply and when.

It looks like MCB55 has posted a really useful update on this.

"It was stated at the CMD that quarterly production figures in arrears will be published by the OGA. So I expect the first report to be in October."

After the we have the CMD in January 2020. Until then it's guesswork and whatever Amaja can find out in Rotterdam.

GLA.

Thanks DC.

Gives us circa 12k bopd assuming that Amaja's figures are indeed correct. That's about where it should be. Hopefully Amaja will be able to add to his earlier post.

Really appreciate all of your informative posts over the last 12 months Amaja. Especially liked the photo updates on the AM in Rotterdam. Many thanks.

IJWT, nothing to stop HUR tweeting a tanker offload. PMO did just that after one of the early Catcher offloads.
I agree with you that it would be nice to get a 3 month RNS operational update (for example).
I'm just waiting on a reply from HUR IR just to 100% clarify what the score is and will let you all know.

GLA.

Hi DC,

You say a "light load" but 340k barrels over 25 days (maybe somebody could clarify if it is 25 days as I don't have the info to hand) is 13.6k bopd, which is right where it should be at this stage in the EPS programme.

I've asked HUR about whether they will be providing any further insight into EPS production before the January 2020 CMD and got an answer back which needs further clarification (for which I have asked).

However, it looks like there will be no further production info until the CMD, unless there is a problem meeting the outlined targets, and in which case, the company will issue an RNS.

So it's case of no news is good news !

Whilst this is not ideal, I can see why they are doing it, as production will go up and down to a certain degree and if an offload was giving a slightly lower production figure than the one before it would probably create great anxiety on here, even if it was because the AM was having more maintenance work done (for example) during that 4 week period and nothing to do with the actual well performance.

Having said all that, I still think they could issue a production updates now and then (tweets maybe) with clarification of any discrepancies if applicable, but I don't think it's going to happen.

Amaja is the only reliable source on here for EPS production figures.

GLA.

Redoctober,

Not only a total fraud but an abusive one to boot. PM the decent posters. Yeh right.

Can't wait to see what you PM them because I'm sure I'll get to see it too.

However, I seriously doubt there will be any PM'ing going on.

Still saves you from posting anymore to the rest of us. 450k looking a bit off the mark.

Foreskin, special needs etc all juvenile playground level stuff. Call a **** a **** if you like but leave out the school kids stuff as it totally undermines the credibility you have tried (unsuccessfully IMHO) to build.

Says it all and gives away exactly what type of poster you are.

Please go away. You are of no help to the genuine people on this board.

GLA.

All I'm saying is for somebody that comes on here making big claims to have reputable sources close to the TO drill and obviously so keen to help the humble PI, I'm surprised that they did not highlight the failure of the DST and/or the lack of drilling fluid losses on the WD drill at the time.

To say that it was because they were not registered on LSE is a bit lame to say the least.

It's up to all of you to disseminate the information posted on here and decide for yourselves who is genuine and who is not.

All I would say is the last poster similar to RO was Heidhoncho (one and the same ?)

He cropped up at a very similar time in the WD drilling schedule and was very positive about the way the drill was going and look what happened there.

Advise caution, that is all.

GLA.

RO,

I don't pretend to know the drill results beforehand.

You seem to be intimating that you do with the quote "it makes you wonder if someone like old RED' with all his contacts would have been useful at that time?"

Which begs the question, for one so keen to help us all, why didn't you tell us about lack of drilling fluid losses at the time ?

With all those contacts it shouldn't have been a problem. Same drilling rig.

I think you've now blown your cover on here. You are a fake.

I'm sure people will make up their own minds and that's their prerogative. However, you are being picked up left, right and centre as a fraud and the more you post the more obvious it is. All very positive on HUR until the sucker punch.

GLA.

Sarcasm. I thought that was fairly obvious.

Perhaps I should explain that I'm 100% positive on HUR.

A good result at Lincoln (of which I am very hopeful) combined with the EPS continuing to perform at or above expectation, will absolutely underwrite the investment case for HUR.

Even if Warwick is a non runner, there is plenty enough oil at Lincoln for a FFD project with Spirit.

It's that simple.

If Lincoln doesn't come in then it's a longer, colder road but there is still enough value in GLA to underwrite the investment case in HUR.

I hope that clarifies my position.

GLA.

To put this one to bed. I have briefly met Moonlanding at the last three AGMs.

Whilst I'm sure the information was passed on in good faith, it turned out that Moonlanding was wrong in the conclusion he drew from the information he was privy to.

Unfortunately, that didn't help me, or anybody else that took his advice, on the day.

I hope the clarifies things for you.

GLA.

Redoctober,

You are trying very hard to gain some instant credibility on this board. Why is that ?

Your predictions on tanker off loads do not achieve this though.

The first off load confirmed by HUR at 350k and the second off load was all but confirmed by Amaja at 450k (and this figure seems to be widely accepted). It's highly likely the next off load will also be around the 450k mark as that would seem to be the packet size going forward.

So, predicting 1.23M barrels (10k either way on accuracy) is no big deal. The bottom line is that in all likelihood your prediction will be accurate but the fact of the matter is that anybody on here with half a brain and the inclination to do so could have made that prediction.

Can't wait to see what your "big post" is going to be when it finally arrives......the build up is killing me.

GLA.

450k is certainly the most likely off load size but we will not actually know the figure until either HUR announce it, or our Dutch friend does some super sleuthing.

If it comes in at 450k (or above) then production rates have increased significantly over the last month, so HUR most be confident in the data to do this.

It would be nice if they made some form of announcement (even if it's just a tweet) but I won't hold my breath.

Levs seems very positive. Obviously very close to the action. Very kind to share it with the rest of us.

GLA.

Anybody that includes "I did apologise for my inaccuracy" and "Given that my facts are accurate" in the same post (17:21) is having a bit of a laugh, aren't they ?

It's great that you are so positive on HUR at the moment but I'm sure a "Lincoln drill going badly" post is but a whisper away from one so close to the action.

Glad it's you that's "so close to the money shot" as it can get a bit messy.

Good luck stool pigeon......

BD.

Redoctober is full of ****.

It's pretty obvious from his posts on the Lincoln tie-back and his claims for the oil off loads.

The first off load was 350k barrels for starters. Nobody knows what the off load will be on Saturday, so stating as fact it will be 450k is crap.

Trying hard to establish credibility on here for some future post of great consequence no doubt.

I don't buy it but each to their own.

GLA.

The funny thing is nobody on here has any idea how the Lincoln drill is progressing.

It's just a good time to post a bit of rumour to suit your current trading position.

Add a bit of "empathy" by saying how great the EPS is doing, and away you go, instant credibility with the gullible.

The volume says it all. It's exceedingly low. So nobody knows anything significant.

None of the posters claiming to know intimate drill details have ever posted anything SIGNIFICANT before the event on previous drills.

Says it all really.

For the record, I don't know how the drill is going either but you can be sure good or bad news would have surfaced if it's out there, which leads me to assume all is just ticking over towards it's natural conclusion (good, bad or in-between).

GLA.

wellwell,

clkmouse mooted he thought Lincoln results were now more likely to be end of month (previously he was saying 19th August but obviously that's getting bit close now). SOTB said that was optimistic. I agree.

However neither of them actually knows and their guess is as good as yours or mine.

Nobody suggested that there was a delay with the drill (in code, super encryptions or otherwise), so I don't know why you are suggesting that they did other than to mislead. FWIW I've not heard of any problems either.

In fact, given that Lincoln was spudded on the 12th July and that 8 weeks would be very much on the low side to drill and DST, we still have a fair few weeks to go to any result (mid September).

Sometimes you can be a right ****.

GLA.

IJWT,

I refer you to my initial post on Sat at 11:58 and the last line of that post.

"Obviously, this is all dependant on the EPS continuing to perform as it has done so far, but if you don't buy into that then you really need to ask yourself why you are here."

Any drill future drill results are irrelevant to that particular thread, which was purely based on whether HUR could survive in a low oil price environment and indeed how much cash they have in the bank (circa $100M).

WD wasn't a duster (although it was a failure), so I'm surprised that somebody who should know better uses such a term with regard to that particular drill.

Obviously, HUR's prospects improve immeasurably with a good drilling result in the GWA area, as this enables the Spirit partnership to progress but that was not the subject matter of the posts.

Good to see you back pouring cold water on anything positive.

GLA.

MrFox,

I'm assuming you have looked at something like the general "assessments of risk" in the Annual Report (or similar) which tends to carry very generic type statements. It would be helpful if you quoted your source and context.

Having said that, your worries at $62 are entirely misplaced.

Whilst a lower oil price could hinder the speed in which HUR could develop their assets, an oil price of $62 is in fact a very healthy situation for HUR.

Indeed, they are using a figure of only $60 in their most recent financial modelling and at that level they can comfortably meet their stated aims for both GWA and GLA.

Even at $40 oil HUR could sit it out for as long as it the price stays there but it would obviously hinder the development and value of their assets.

HUR are in the enviable position of having very little debt and that's one of their key strengths.

Once the Lancaster EPS is 100% proven HUR are in a very nice position indeed. Solvent and financially secure for many years.

I hope that puts your mind at rest.

GLA.