Member Info for Biffadog

ricfle,

No I don't think your words control the SP but I do think they can unsettle some investors. Not nice.

I also think that RT has made it patently clear as to what the plans for the AM are with regard to weather windows and where it will be located, so why you need to question that I do not know.

Get back on that BUY button, the SP is getting away from you !!

GLA.

wellwell,

RT clearly states that if there is not a weather window available when the work is completed at Rotterdam then the AM will sail to Lerwick to await a suitable weather window. Makes perfect sense. Why mess about for the sake of a couple of quid on fuel when the absolute priority is to get the body hooked up successfully.

It's in black and white from RT in that article.

GLA.

"If the weather is reasonable enough after the Rotterdam work is complete then the preferred option is to head straight for the field and pick up the buoy. A minimum of around six hours is needed to complete the lift and lock task.

If conditions are poor, then back-up planning includes that FPSO transits to Lerwick, Shetland to wait on weather. From there it’s only a short run to Lancaster when conditions become calm enough … up to 2m seas are acceptable."

Direct quote from RT.

There it is in nutshell. Straight to Lancaster or if the wether is not so good off to Lerwick to wait it out.

Stop sowing those seeds of doubt rifle and concentrate on buying back in !!

GLA.

I see that idiot that kept on suggesting the stay in Rotterdam was going to be 3 weeks and would not back it up has disappeared into the ether.

Now the schedule is out there for all to see, I am hopeful that things might start to hot up again. Could be nicely timed with the OPEC meeting in 2 weeks providing a recovery to PoO.

GLA.

missdosh,

Great find. Tells you everything you need to know about the work that will be carried out at Rotterdam, hooking up the buoy (max wave heights, 6 hour completion time etc) and the schedule to FOIL.

A must read !

GLA.

This time it's those pesky Libyans.....

http://www.cnbc.com/2018/11/20/libyas-oil-production-could-soar-higher-despite-opec-weighing-cuts.html?__source=twitter%7Cmain

OPEC will need to cut big at the start of December. but agree HUR holding up remarkably well this afternoon all things considered.

GLA.

Downtime is 15%.

Both wells running at 20k bopd but HUR are suggesting 17k bopd net after downtime.

GLA.

I understand that the buoy can be disconnected in under 30 minutes if there is an emergency.

Not sure about just hitting a Big Red Button though.

GLA.

My sixpence FWIW.

Depressing though it is seeing the SP slowly but surely get whittled down as we approach the AM's arrival WOS, I don't think it's going to ease up until either the buoy is successfully hooked up (or even FOIL), or OPEC reverse the oil price trend at the 6th/7th December OPEC meeting. I don't see a reversal until then unfortunately.

Personally, I think the SP will slip further from here but it's anybody's guess and perhaps too late in the day to think about making a meaningful sale and buy back in move.

I think there is still a fair bit of derisking going on. The rights issue was at 32p, so there's still plenty of scope for it and more than a few people were caught out by the recent drop in PoO/Oil companies and may not have planned for it so soon.

However, the force is strong with HUR, so time to batten down the hatches, not spend too much time studying the SP and wait for the fundamentals to do the talking.

There's so much lined up for next year, by the end of 2019 all this will be long forgotten.

Bouy Hook Up, FOIL, GWA 3 well drilling campaign, initial results from Lancaster EPS, increases in Lancaster EPS production, joining the FTSE 250, Potential deal with a major, more drilling on GLA (?) etc

Keep the faith. Don't panic sell and try and chill out a bit (although the latter is sometimes easier said than done).

GLA.

A polite request.

I'm sure it will take a while, so can you chaps start to wind down your BREXIT discussions in preparation for 8am Monday morning we can get back to HUR.

If you do somehow reach agreement on the best solution perhaps you could share it with No10.

Enjoy the rest of your day.

Guys,

Once you've finished your discussions on the various BREXIT options and come to an agreement on the best way forward, perhaps you could share it with No10 come Monday morning.

GLA.

I don't know why you own RKH shares when you don't have a single good thing to say about the company and spend hours on here every single day running it down.

I don't believe you for one moment.

Anyway, pointless discussing directly with you boys as I'm not prepared to waste that much of my time.

I've said my piece and hopefully highlighted you boys for what you are.

Good luck with bringing the price down by as much as you can and then buying in because that it exactly what your aim is. That's fair enough but it's the way you go about it that's dishonest.

Good luck to the genuine holders. I'm out of here....

carroteater,

Do you hold any RKH shares ?

Yes or No will suffice.

Hi whackford,

I've spoken to PMO in the last week and I put a phone call into RKH about once a quarter. I have attended the last 4 RKH AGMs and the last 3 PMO AGMs and always have a chat with Tony Durrant, Sam Moody, Stewart MacDonald etc

All I can say is, if you have any doubts or questions, then as a shareholder, why not email or put a call in if you want some reassurance.

I can tell you is the ECA funding has taken a lot longer than anticipated. Everything else that can d be done in the meantime is being done. PMO have invested millions in Sea Lion and it is critical to the medium/long term future of the company. Zama will most likely get sold and in any case is nowhere near FID as it's not even appraised yet so is behind Sea Lion in the queue anyway.

Like I say, if you've held this long now is not the time to sell up. That's my opinion.

Ignore the noise on here. The quality of the posting is poor and reflects the content.

GLA.

This is where you boys show yourselves for what you are.

If RKH/PMO/FIG were not a suitable project for ECA funding this would have fallen at the first hurdle.

PMO and the ECA are in advanced discussions and this is out in the public domain.

You don't own any shares and are very keen that everybody sell there shares, so somebody is keen to buy them or you wouldn't be wasting your time posting untruths and misleading information on RKH day in and day out. Why is this ?

FID is tantalisingly close now.

I'll repost from yesterday as you boys didn't like that one it would seem.

In a nutshell....

They want your shares.

Hence we have the crew posting continuously day in and day out with negative posts on RKH. A lot of it is simply not true or has been misrepresented. The rest is subjective.

FID is finally getting very close, so it's probably the last chance to trash the Rock before FID.

I don't believe that all these people think Sea Lion will not be sanctioned. All the evidence points to it getting sanctioned. PMO have a team of 60 working on Sea Lion and there's plenty of evidence that the suppliers are ready to go and committed to providing $400M of project finance.

PMO need Sea Lion for strategic growth. Fact. My own opinion is that Zama will be sold once appraised.

The ECA funding is taking a long time and that's what's holding this up. I've spoken to PMO and RKH personally about this.

If you don't believe this then you should sell up.

The clever people are hoovering up shares at the moment, of that you can be sure. The JIT crew will be buyers sub 30p.

As an aside, GSA Capital still have a 0.69% short to close, so will need to buy 3.1M shares to do this.

Anyway, good luck to all the genuine posters on here.

GLA.

ralph2010,

You've been running down this stock even when it was in the high 30's. It's been continuous.

If you were genuine you would have sold out by now and would not be aggressively putting the stock down so hard whilst continuing to hold.

You are very transparent.

GLA.

In a nutshell....

They want your shares.

Hence we have the crew posting continuously day in and day out with negative posts on RKH. A lot of it is simply not true or has been misrepresented. The rest is subjective.

FID is finally getting very close, so it's probably the last chance to trash the Rock before FID.

I don't believe that all these people think Sea Lion will not be sanctioned. All the evidence points to it getting sanctioned. PMO have a team of 60 working on Sea Lion and there's plenty of evidence that the suppliers are ready to go and committed to providing $400M of project finance.

PMO need Sea Lion for strategic growth. Fact. My own opinion is that Zama will be sold once appraised.

The ECA funding is taking a long time and that's what's holding this up.

If you don't believe this then you should sell up.

The clever people are hoovering up shares at the moment, of that you can be sure. The JIT crew will be buyers sub 30p.

As an aside, GSA Capital still have a 0.69% short to close, so will need to buy 3.1M shares to do this.

Anyway, good luck to all the genuine posters on here.

GLA.

Link attached to great site that shows all the weather conditions at Lancaster. Wave/Swell heights etc

http://www.windy.com/60.180/-3.870/waves?waves,59.651,-3.867,7,m:fltaf2I

GLA.

Hi DC,

I think the info is good. Sorry for any confusion it was a joke with escargot. I was going to say CRUNCH instead of BANG but thought that was too cruel.

My understanding is the fault is only very minor and would be fixed pretty quickly anyway.

GLA.

Messengers are regularly put against the wall and shot here, you should know that. BANG !

GLA.