Member Info for Blue-Eyes

Was struggling to remember the third - yes "subsurface". I think we 've all worked out where certain folks would like the sp to go based on their charts - maybe it will, helped by the coronavirus and maybe it won't but if it does then it's not because of some news that the company have been withholding and lets call it was it is, lying about for months.

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 really struggle to think a few web forum comments by an anonymous poster can do this. What really worries me, is the possibility that some very bad news is leaking out from the FPSO. And that soon, the company won't be able to keep the lid on it.

They rns'd literally a few days ago saying there was no operational, commercial etc reason for the sp decline so clearly if the above was the case both they and their advisors have knowingly lied. If I truly believed that to be the case I wouldn't be here posting I'd have sold my shares.

diminishing returns - once the percentage gain isn't there

What else can you do though with your savings - other than watch it drop in value since you get nothing for it on deposit. you have to try . I keep the majority of my funds in the FTSE 100 but that's been acting like the wild west - it's almost got to the stage where you worry about keeping a share for results day due to the ridiculous overreactions

Good grief the mans a saint!!!!
The thing I'm most grateful for is that in spite of all his hard work rubbishing and mealy mouthed semantics he's not sold a single share. That's selfless for you.
There must be a special throne for him at the "pearly gates". God will want him close everyone needs a bit of advice

Totally agree but when they've squeezed until your eyeballs bleed they can just as easily flip the book and run in the opposite direction. I could be wrong that I don't see that much more in it for them. All the talk of it being a good thing introducing liquidity is a smokescreen but I don't see this government doing anything about it . Successive government's haven't wanted to bite the hand that feeds it. Coming from the WC we are all expecting the fishermen to be sxxt upon in exchange for benefits for the financial industry. The EU know full well who calls the shots here.

It does make you wonder doesn't it - the L/T investor is the doormat just there for people to wipe their feet on whilst walking in and out.

The sad thing is that the whole process works so much better if you have those long termers trapped higher up as it keeps the trade less crowded

I have a feeling where they want to push it too and have kept some funds free just in case the sp wants to visit bob after all.

I think that we have been royally taken advantage of and it wouldn't surprise me if some of the co. holders weren't taking advantage of the virus and the knowledge of what fears over China and consumption will do to the oil price as evidenced. They might call it good housekeeping to hedge their bets. Trouble is if they declared we would all know what it was about so the fear factor dissipates and doubtless other relations would be soured but if you don't have to declare as you remain net long then you can eat the banana from both ends and no one needs to know that your hands are filthy. Like others I simply don't believe all the arrivals on various BB's were serendipitous - maybe they were a little group coat tailing but like fungus feeding off it's host they've done alright out of it.

I absolutely intend to do well out of it when they flip it

SAUDI ARABIA OPENS TALKS ON ADVANCING OPEC+ MEETING FROM MARCH TO EARLY FEBRUARY AFTER OIL PRICE SLIDE - FOUR OPEC+ SOURCES

Again they wouldn't have to declare unless they ended up net short

There layering the book cancelling sells to get it down TO THE PRICE THEY WANT AND UP AGAIN IILEGAL

I know he's bright but if a kid in his bedroom can do it purely based on watching others well at it then you can be sure they are still at it. Where they is a lot of money to be made a little chance to being held to account then the temptation remains
If the story is true he flagged it up a number of times to the authorities who ignored it I don't think it's by accident that some of the main perpetrators poor money into various political parties campaigns with the tacit understanding that their dodgy proclivities are largely ignored. You scratch my back .......................

Nope I've literally just added a few more.

Trouble is when everything oil gets a spanking HUR because it has shown weakness gets the full ar5e paddle.

Could he be part of the problem. Knowing how vocal he has been in the past his silence is intriguing. I wondered whether he has the autonomy within the fund to shall we say hedge his long position. He would be unlikely to have to declare as he wouldn't be net short.

"NO", you can't contact me on social medias Grindr or Tinder. Don't do any of them.

Oh was I being that obvious?

Ah well it created a little frisson on an otherwise dull morning. I was just amazed by the sheer sloppiness of that article and as garyn pointed out no mention at all of all the other metrics that go into assessing a company and it's value. I do wonder whether RB could be having an effect. He's noticeably quiet. I'm not sure the level of autonomy he has and whether he could run his own hedge as of course he would be unlikely to need to declare unless he is net short .

I feel the need to check myself some days! Look down - no not that far. Yep we're good

The "make your mind up comment" was directed at the press!

Apologies Daltry if you thought I was *****ing at you

I wouldn't dream of shooting Daltry . Just thought the article was borderline odd in it's slant.

I'm very open to the bear case but it has to be even handed

https://www.petroleum-economist.com/articles/politics-economics/europe-eurasia/2019/north-sea-asset-sales-healthy-for-now
Some interesting comments around financing etc . Hmmmm they probably have a smidge more gravitas then proactive .
As for the "Young man!!!!!!!!!!!!!!!!!!!!!!!!!!! I'm a ladyeeee.
Don't know about fact and friction owning HUR seems more like flagellation to me :)) but I was happy with the last RNS and remain a buyer

https://www.heraldscotland.com/business_hq/18147180.north-sea-becomes-hotspot-predators-eye-assets/

Nicely slanted esp the bit about the NS - only last week various outlets were trumpeting the demand for NS assets

Make your mind up why don't you!!!!