Member Info for BlooBird

S7ein posted
https://www.exxonmobil.com.sg/en-sg/company/business-and-operations/operations/understanding-flares
It mentions smoke
?On some occasions, there may be black smoke from the flare.
?The smoke, which is mainly made up of carbon particles, occurs when there is insufficient amount of air to support a complete combustion. This may happen when there is a sudden release of excess gases to the system with a delay in response before sufficient steam can be supplied to the burning process
Like everyone else, I'm pretty sure that the smoke was caused by Oil but according to above link it may not have been.

mover123 You posted
"the significant number of shares in issue which make it incredibly hard to move the needle - a 1p shift implies a £19m increase in mkt. cap therefore it takes real substantive news to lift the valuation. "
sheltie and myself totally agree with you but others on this BB don't seem to get it. They seem to think that number of shares outstanding is immaterial.

Sorry doginafog … didn't notice that you had already posted it

Another link
https://www.proactiveinvestors.co.uk/companies/news/901345/premier-oil-ruffles-small-cap-feathers-as-it-redraws-growth-plans-901345.html

johnpwh SIPPn00b
You are the ones being illogical.
Obviously the number of sharers outstanding has no effect on the value of the company but the reverse is not true.
i.e. As the value of a company increases the increase in SP depends upon the number of shares outstanding … which is what sheltie was pointing out.

2kally
You're right, it's $$$ not £££ … but that's still a lot of money for HUR and Spirit to find.

I think Hurricane are going to need a little help if they are going to come up with £5.4 Billion in the next 3 years !

LONGWAIT
BB is Bulletin Board
I was joking about the special paid-for HUR BB (for premium members) as the BB House of Lords.
adoubleuk Cebo-456 Foresight22 and several others are premium members
It would be a big loss to this board if he has been banned completely.

I heard that adoubleuk has been banned from the BB House of Lords but has he also been banned from the BB House of Commons where us commoners post ?

The one thing in the RNS that bothered me was the following statement by Dr. T

" However, despite these promising results, we remain cognisant that it will take up to a year to acquire and interpret sufficient performance information to test our reservoir model of the field."
I was hoping, because of greater than expected production so far, that the model would be brought forward and we wouldn't have to wait another year.
I suspect that lots of other people feel the same way … thus the drop in SP.

Why is everyone giving Jamie guy such a hard time because he didn't realise that Hurricane wells are named after bombers not towns/cities. (actually Whirlwind and Hurricane were both fighters).
I bet half the younger guys on this BB didn't know they were WW2 bombers.
Being an OAP myself, I realised straight away but then heard it mentioned by Dr.T in an interview with Malcy.

adoubleuk
There was an article in the times this week-end that I think that you might find interesting (being as how you are an ex-oil-driller).
It's about the hardships experienced by oil drilling crews in the Permian doing a dangerous but very well paid job.

https://www.thetimes.co.uk/article/huge-rewards-lure-shale-oil-workers-to-the-desert-war-zone-stc3btkbz#

shalamar9 on the FOG BB has posted a cut&paste version on Tue 07:27
https://www.lse.co.uk/ShareChat.asp?ShareTicker=FOG&share=falcon_oil

Back in the early 80's, when I lived in North America, I read an article by a group of Americans who worked for BP in Alaska.
They were expressing their disappointment that BP had now been privatised because they said that before that they used to feel like they were working for the Queen.

Looks like US fracking is slowing down !

Location Total Change Last Year
U.S. 916 -19 -128
Canada 139 -3 -90
International 1,162 +24 +165

Back in 'the good old days of £4 shares', can anyone remember how many shares were outstanding ?
Thanks, Bloo

"TD also stated that increased capex on Sealion is to increase production with more wells"
Also With increased production, maybe they are going to need a bigger boat!

Biffadog, JayKay1
You are both right … then it has to be one of the others … take your pick.
My guess is BlackRock.
Institution Name Shares Held (% Change) % Outstanding
Kerogen Capital (Asia) Limited 318,531,211(-5.53%) 16.00
Pelham Capital Ltd 121,875,000(0.00%) 6.22
Crystal Amber Asset Management (Guernsey) Limited 109,642,789(+0.71%) 5.59
Alken Asset Management Ltd 107,375,584(+4.72%) 5.40
Artemis Investment Management LLP 52,248,838(-0.17%) 2.63
Union Bancaire Privée 23,678,613(+0.09%) 1.21
Eleva Capital LLP 19,661,400(+0.11%) 0.98
BlackRock Institutional Trust Company, N.A. 17,816,758(-0.42%) 0.88
Cavendish Asset Management Ltd. 15,526,371(+0.02%) 0.79
Longbow Finance SA 11,722,856(0.00%) 0.59
Canaccord Genuity Wealth Management 11,629,098(-0.12%) 0.58
Amati Global Investors Limited 10,591,338(0.00%) 0.54
Alliance Trust Plc. 7,195,375(+0.08%) 0.36
AXA Investment Managers UK Ltd. 6,965,306(+0.02%) 0.34
Fidelity International 6,167,217(-0.15%) 0.30

Lets just hope that it's not Kerogen selling off more of it's shares.

Thanks Amaja
He says the load was 470000 UK barrels which is 483811.3 US barrels
Is the Lancaster bopd measured in UK or US barrels ?
Is Brent quoted in $ per UK barrel or US barrel ?

Because of this obsession with green energy, Spain (and many other countries) are paying a high price for energy supplied into the grid from solar panels.
But some fraudsters have found a way of doing it even at night !
They train high powered lights onto the solar panels using electricity supplied by diesel generators.
https://wattsupwiththat.com/2010/04/13/the-insanity-of-greenery/