Member Info for bransonbull

Big thanks from me. Your charts on Twitter excellent. Some don't believe in charting. Yet the inexplicable can happen. 60p to 6p and back again. Of course, there's a major interaction between technicals and fundamentals, and clearly, the recent SP decline is due to the latter (production disappointments, CV19, geological uncertainty, POO decline). But charts can be useful.

https://www.marinetraffic.com/en/ais/home/shipid:374982/zoom:10

Wonder what it will be carrying to Rotterdam, apart from high grade crude...???

Swazers. Always welcome additional opinions here. Looking forward to seeing the charts. Disclosure. Long

Sorry to change the topic from kebabs and Bournemouth but an oil tanker collecting a rich bounty from Lancaster and taking it back to Rotterdam has to be good news for HUR. Every tanker helps.

https://www.marinetraffic.com/en/ais/home/shipid:374982/zoom:10

He has explained in huge detail that he has broken even over 4 years.

During to COVID 18, some new investors have had it easy in comparison..

Manager. Sorry, aduk understands the technical stuff , is ex O and G . You are saying your would prefer not lot have incisive input?!?

There are shed loads of people pumping HUR on Twitter...I'm not one of them, as i dont use Twitter much.

Keep posting please. We need your technical knowledge.
As for those questioning you live in Niort, France, I've never been there , but once considered buying a little apartment in the town. I cannot believe there are those questioning you are binary fide.
Bonne journée. Amuses-toi bien!

An increase of 0.23%....LOL. It's hardly attracting the big vultures...

In the CMD in April, water cut was 7% in well 6, in June RNS, it was 8%. Anybody watching the CMD webinar would understand that the water cut will bounce around, depending on testing stage, whether they shut in, reopen the well, etc.

Production is improving from 10,300 BOPD to 12,800 BOPD through the slow cranking up of the 6 well....

Have you watched the CMD about perched water downholes and upholes? I suggest you do so...

Sorry, production is improving, too hot in the office :0-)))))

The bonds aren't due for 25 months. Brent is improving. Hopefully, producing is improving.

DYOR, but i've topped up and now hold 750k shares circa.

Shorters taking advantage of new vacuum and perhaps a forced seller...but there is value in this acreage way beyond the 12,800 a day being produced now.

I am assuming that Dr T would have assumed collective management responsibility as the CEO....that isnt to say other management board members weren't responsible too.
I'm an admirer of Dr T, but a new CEO was needed now HUR is a producer IMOV...

https://seekingalpha.com/article/4354735-oil-brent-backwardation-comes-sooner-expected
Backwardation.

In my view another reason for the former management to be kicked out was the lack of hedging. CV19 caught everyone by surprise, but the absence of any hedging was criminal and has exposed us to much higher risk linked to present operational difficulties. TLW in comparison hedges 60% at 57 USD.

I respect and admire Dr Trice. But the lack of hedging means he prioritised data gathering over common business sense.

ADUK. Your posts are normally spot on. But in this one, the suggestion is that Beverley is there to run HUR into the ground so the big boys can pick it up for a song? Sounds a bit conspiracy theorist.

I think Beverley is there as sbdy with great connections who will run HUR more as a business than the previous incumbent.

Regards.

I'm claiming ramp of the day
https://www.cnn.com/2020/06/18/investing/oil-price-spike-jpmorgan/index.html

Listened for first time, lots of stuff on world class productivity at Lancaster and our wells being good but new wells could have even higher productivity. Useful stuff explaining perched water too. Quite reassuring.

https://oilprice.com/Energy/Energy-General/JP-Morgan-Predicts-100-Oil.html