Member Info for BigBear2

When these clowns are done we should finally see hand break off properly

Losing the will to live here let’s see what happens if we get a production update with 20k bopd, down to 4p?

It’s beyond madness it’s insane...
One day when the games are done we should see a huge lift

The modest increase for well 6 was expected
What we now need to see is the water cut in 7 using an esp.
They are clearly being mega conservative
News within 2 weeks

Re production we know previously there was interference between the 2 wells under natural pressure. I would say being as we are at 15k with ESPs running the bid are being mega conservative. In theory 25k should be achievable from both but I’d be more than happy to get back to 20k and have stable production from 2 wells.....
Also sounds like something positive from Lincoln Crestal could be coming...

Fact is it’s in place now and this is something IIs look for.
You just get a feel rather than tinkering around we are seeing a step change to a serious producer.
Re Dr T my opinion was and is he was a great geo but unsuitable as ceo as the company grows into what should be a mid tier producer..

All well run companies have hedging in place. A sign of how poor dr t was at this side of the business is HUR had none in place and hence exposed badly to volatility. You are assuming POO will stay over 40...

Whoa hold on a minute you are actually talking sense !
It was a great RNS both wells back on line ESPs installled., sensible hedging in place possible news on Lincoln soon...
What’s not to like ?

Still as clear as mid to me why tie back was not permitted another 5k net to hur on top of these 2 wells and all of a sudden we are producing 25 k bopd

With esp 7z produced close to 15k bopd on test

Horizontal Sidetrack Well (205 21a-7Z)

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that the 205 21a-7Z well (the "Horizontal Sidetrack Well") has achieved a sustainable flow rate using an Electrical Submersible Pump of 14,500 stock tank barrels of oil per day

I only use II for my isa any trading done on Ig

Production up and mms put the boot in getting silly now

Considering we were producing 12k bopd from one wwll without ESPS and now 15k bopd from 2 wells with ESPs at least on the 7z it must be really choked back. Could well be seeing 20k bopd near term agsin.
Hedging would be nice at higher level but this protects hur from any crash. Happy with the RNS

It’s pretty simple IMHO. Bid now at a silly price and take the risk that HUR are doing by proving up the geology or wait a few years till there are multiple wells happily pumping out over 10k per well....,and pay many many multiples of this sp.
In terms of what price may be entertained by the bod min 20p I would say.

The sale of welch made no sense for such a small sum.
Arkoma on the other hand has been nothing but trouble
Welch plus Baja plays makes most sense...

Anyone trying to make any financial gain from someone passing is a total scumbag.

Sub 6p traders rinsed and new base being built.
Can’t be long now till next ops update.

10p is where w should have been at until the terrible timing of dr t throwing his toys out the pram. Fair value is of course many multiples of 6p so 10p just indicates to me they have stopped jerking us around.
With its tiny debt, low cost production and potentially

When we are at 10p

Can mkt cap be below cash......
Insane