Member Info for Biffadog

Boyzee, Might be time to calm down a bit rather than throwing every idea under the sun at the recent drop in SP and hoping something sticks. Have no idea why you have mentioned BNP Paribas, as there is no recent activity on their part. They reduced their short position on the18th May to 0.37% from the previous level of 0.51%. As ShortTracker do not monitor positions under 0.5%, it is quite possible that this has reduced further. The only thing that is certain is that it has not risen over 0.5%. When any of the CBHs convert to equity there will be a resulting increase in the number of shares in circulation and an RNS will be released to reflect this and will include the date the new shares will be admitted to the market. This has not happened. Och Ziff are almost certainly indulging in some CB arbitrage (long the CB and short the underlying stock), so you would expect their short position to have risen with the rise in the SP. It's not a traditional short, as I explained in a previous post. I enjoy your comments but maybe it's time to chill out fr the day. GLA.

If any CB holders had converted to equity then this would mean an increase of shares in issue and there would have to be an RNS to announce this. So, as it stands, the drop in SP is not down to CB holders selling shares. It is probably just a shake down. GLA.

How about Balls Brothers (Mayfair) ? It's a lot closer and has an open bar area. Can always take a table on the day if people fancy it. http://www.ballsbrothers.co.uk/mayfair/home/

Hi Genghis 15, I'll be there. I've been to the last 2 AGMs and 1 GM. It would be good to meet up for a beer afterwards to compare notes. I believe chessman1 always attends the AGMs. If anybody is interested, perhaps we could agree a venue ? GLA.

Did any of you guys notice that on Page 13 of the Roadshow Presentation, figures for 2019 income include an example where HUR are producing oil by January 2019. To do this, FOIL would need to be in late 2018 in order to give HUR chance to get things running smoothly and hit full production of 17k bopd. Why include this example if FOIL in 2018 wasn't a very serious possibility ? GLA.

Just looked on Marine Traffic and noticed the Stena Spey (a twin pontoon, column stabilised self propelled, semi submersible offshore drilling unit) is en-route to the Shaw Field. It's not my area of expertise, so please feel free to shoot me down in flames but could this rig not be a replacement to free up the Paul B Loyd for the Lancaster EPS work. If anybody could shed any light on this theory it would be much appreciated. GLA.

Tickle the SP over 40p, get the Pis interested and then dump just over 16M shares. Nice bit of work. Expect the SP to drift back to 36p now (IMHO). Nothing wrong with this mind, but never let it be said that RB has anybody's interest but his own to service. http://otp.tools.investis.com/clients/uk/hurricane_energy1/rns/regulatory-story.aspx?cid=773&newsid=1004633

Agreed. 32-35p range is where it's at until any real news. It's slipping back already as profits are booked and the traders retreat until the next opportunity to hype the SP. Nothing wrong with it, it's just what happens in these situations. Gives plenty of chance to accumulate for the LTHs. GLA.

Should read rampers not campers !

Hi Boyzee, Always like reading your posts. TA or other stuff. I agree with you but for different reasons. Volume has not been high given the rise and I just think any big spike in oil will be "played" by CA and others for a quick trade. Expect the SP to settle back in the low 30's once again. It never even bothered to try to break out over 38.98p. Oil still rising but profits here are now being booked and the recent campers have disappeared. This is not going to take off properly until the AM leaves Dubai or arrives at Lancaster and there is a chance of hooking up the buoy. For the record I am long HUR and don't trade in and out. I have 100% faith that HUR will pay out big time in due course. GLA.

Fun over for the time being. RB has rinsed a few more shares. Back down to the low 30's until some "real" news. All IMHO of course. GLA.

Ricfle, FPSO sail away is clearly marked as sometime in Q3 and not the end of Q3 as you keep stating. It could be the start, the end, or indeed the middle of Q3. No other point to make really other than it would be nice if people didn't misquote things to suit their agenda. GLA.