Member Info for Blue-Eyes

Cocopops I totally get that it's an issue I have too! Hence I mainly try and stay away from AIM. One of the dirtiest pieces of work posted just prior the last drill on here about how fantastic it was going to be. I had a feeling then since the price hadn't been reacting and HUR themselves squashed it that the chances were that he was up to no good but like a twonk did nothing about it. Same MO post some stuff to lull people with his oily credentials and then stick it to them. You can only hope that they get impaled on their own spike right where it hurts!!!

LongWait
He (this guy David Brady) re posted his old article on twitter but then prefaced it with these comments. There were other comments about a drop to 10p that he was making just prior but for some reason I can't find them now
"We recently covered
@hurricomms
at 15p.

With the Stock slowly ticking up, after the firm struggled to establish itself as a reliable oil producer, analysts are torn on the issue of whether Hurricane has a bright future."

The article was negative but we've seen that one before but the comment he added just seemed daft in respect of everything we have been told about the EPS and the evidence of the offloads and cash in the bank

wellwell - highly likely. If OGA want that box ticked then so be it IMO. TBH I'm far more interested in the works planned for Lancaster whilst Spirit sort their shxt out :))

Sorry that didn't come out from the link but here is the relevant text

Chemicals There may be chemical use/discharge requirements during well abandonment. These may be applied for by a Well Intervention Permit or covered within the drilling chemicals permit (Drilling Operations permit) for the operation or by an installation-decommissioning permit (Production Operation permit or Decommissioning Operation permit).Oily DischargesAny deliberate release of oil (reservoir hydrocarbons only) planned during a well suspension or abandonment must be subject to an Oil Discharge permit. Application will be via an oil discharge permit (see below)Deposits to SeabedA licence under the Marine and Coastal Access Act or Marine (Scotland) Act will be required.

I noticed the comment from the David guy who reposted his article with the preface about "Hurricane struggling to be a reliable oil producer??? Based on what? The EPS that the company say is above expectations

It could be for the p&a you do need a chemical permit according to this and the company did say in the Feb RNS that they may p&a it in March so it's possible

Mhttps://oilandgasukenvironmentallegislation.co.uk/contents/Topic_Files/Offshore/Well_abandonment.ht

I've been fascinated to see the number of semi dormant and dormant accounts fired up of late. That and various articles. I don't think it's merely serendipitous it smacks more of a concerted effort. It seems that quite a few have more than an idle interest in HUR sp being lower. But .........................as they all say they are only trying to help and advise us to sell for our own good. They cite a multitude of reasons all covered by the company via RNS so it will be interesting to see if we have actually invested in a company run by utter charlatans and liars since everything they have said has been denied. Having previously invested in XEL I'm pretty open to that notion but XEL and others of their ilk generally save the dodgy stuff for a video update or a proactive or similar interview rather than risk themselves by putting that content in an RNS.

Yes HB you are right about who the only person is to hold that, he appears to have all the qualities of the average leech. I know they used to read these BB's so I hope that that certain person might pop in for a read and remember Tony. As for Fairclough I'm not surprised with all his bluster that he managed to find another pond. He added zero to XEL but then upon reflection I'm not even sure if they ever really intended to do much more than draw their large salaries and perks and it looks pretty much like it "situation normal" at Whalsay. Having said that I'm quite happy to see them working through the bondholders cash. Lets hope that the company he has landed at deserves him :)

Totally agree my postie is fab but I also know that he struggles. He has a young family and I often see him elsewhere as he takes on additional hours when he can get them. I could understand the comment if they were getting "fat cat wages" but they clearly don't . It's just one of those broad brushstroke comments . Rico might well have bought shares but look at what he earns and his "golden hello" how wise was that? He may well prove to be worth every penny of his large salary but don't try and persuade me that the postie doesn't deserve his.

I believe a postie earns well below the UK average wage of £14.8 as at the end of 2019.
On the RMG website today they offer £10.46
I don't see that being "overpaid" .

Lets judge him on what he has actually said not what others think he isn't saying. The truth will come out...........it always does

Dr Robert Trice, Chief Executive of Hurricane, commented:


"The start-up of the Lancaster EPS has gone very well, with 2019 production exceeding the guidance that we provided when we announced first oil. We've also had a strong start to 2020 with the 6 Well test continuing on Lancaster, delivering steady production. A return to two-well production is imminent.



"Work continues on the analysis of the results of the 2019 drilling campaign, planning of future wells, and obtaining the relevant approvals. I look forward to presenting on what we have learnt and what we expect from this reservoir at our Capital Markets Day in March.



"We note the recent weakness in the Company's share price and I can confirm that we are not aware of any subsurface, operational or commercial reasons that would have caused such decline. The production performance of the Lancaster EPS wells is above our base case expectations and we remain on target to provide an update at the Capital Markets Day in March whilst continuing to make progress towards the next operational steps for our portfolio.

Dr Robert Trice, Chief Executive of Hurricane, commented:


"We continue to focus on progressing opportunities towards full utilisation of the Aoka Mizu's throughput capacity. A further Lancaster production well would allow us to evaluate the productivity of another part of the Lancaster reservoir, away from the two existing wells, whilst aiming to deliver additional wholly owned production and reducing per barrel costs. I look forward to providing further confirmation as costs are finalised and the relevant agreements are put in place."

I think the difference here is that Dr Trice has put his information in a regulatory statement. That information is checked prior to release who is checking what the likes of an anonymous poster is writing for accuracy or even truthfulness ? What are the consequences for them if they twist the facts to suit their narrative or even write a pack of lies zero basically. We have no idea who any of them really are or how many fake accounts are on the go and on how many BB's. It's been interesting to see some historical accounts dormant on here suddenly revived for the sole purpose of advising the negatives. I'm not saying for one minute that HUR haven't had to re strategise mainly due to outside influences but IMO the approach they are planning to take seems to be the best option in that they can add to their existing production from a wholly owned licence.
We have been told via RNS that any material change will be notified. Their last comments not more than a few weeks ago were that the EPS was doing exactly what it should be this is way past the date the likes of dspp started with his version of how it's all going

"We note the recent weakness in the Company's share price and I can confirm that we are not aware of any subsurface, operational or commercial reasons that would have caused such decline. The production performance of the Lancaster EPS wells is above our base case expectations and we remain on target to provide an update at the Capital Markets Day in March whilst continuing to make progress towards the next operational steps for our portfolio.



"Hurricane remains focussed on delivering operational progress, on budget and on schedule, and, in so doing, delivering returns to shareholders. We look forward to continuing to update the market with quarterly production figures, and will announce any material variations to expectations as required."

I noticed that ref. the bonds but what I find stranger is that the group think - moving onto to another of their genuine concerns all around the same time. You's almost think the similar posting a concert party.
Trice really does need to come out punching

I'm hoping that HUR will be able to add to their 2P with the drilling of the additional well

Is there such a thing as a "respected journalist?" I couldn't see anything in his credentials that is above "ordinary"

Aside from that I welcome these articles - they are providing Dr T with everything he needs to answer come CMD. Let's have everything from everyone and let him deal with it :))

I think it would only work if SQZ assumed control i3e management are not up to snuff . RRE are probably a better fit for that licence IMO

Apologies I see you posted it now.

Have you actually googled the list of products that require oil in order to produce them - take a long hard look at the computer you are using

You missed part of it - inc the bit on the subject I raised yesterday about oil still being needed for all those other daily use products

Many large integrated oil companies (IOCs) are spending more on low carbon and renewable energy technologies, while making pledges to lower emissions.

But IOCs still appear to be falling short in the eyes of fund managers. A recent poll from the UK Sustainable Investment and Finance Association showed only two out of 39 investors felt IOCs which didn’t respond to climate-change risks within 10 years were attractive investments.

Just under a quarter do not see IOCs as attractive at any time.

Though Hurricane is unashamedly an E&P company, Mr Stobie does grasp the importance of reducing harmful emissions from oil and gas operations.

He feels the oil and gas industry’s Vision 2035 scenario and the energy transition do go hand-in-hand.

Mr Stobie said the current state of the UK’s energy infrastructure meant a rapid switch to 100% renewables provision was not viable, and that the country still needs oil revenues.

Petroleum is also needed for the manufacture of products made from plastic, though Mr Stobie hopes plastics will become less prevalent.

He said: “We have to show that we are producing at the lowest possible carbon dioxide level per barrel.

“We measure, monitor and report and emissions have a cost to us, so that means we are focused on reducing them.”

At one stage I thought that it was going to get driven down to the extent that the previous day's gain was erased so nice to see that didn't happen.