Member Info for bransonbull

HUR oversold. TLW oversold. I hold both

Enterprise value is key not market cap in case of TLW and PMO

You are one with an overtly short agenda. Fine, but let's call it what it is. Several funds are heavily invested and they were the back slappers of Dr T from what one gathers

PS - if we were doomed i can't see Dr T going ahead with a 2 hour presentation on supergiant oild fields, with congrats from the institutional investors by all accounts. Can you?

Disclosure - i'm v long. It's irritating the people posting here with small shorts that have a very obvious agenda.

2.5 million barrels lifted already. Planned slowdown in production flagged months ago towards end of this Q to do more testing on Lancaster. The interim update could well be nothing more than Hurricoms being fully aware of discussions regarding water cuts due to OGA data being public retrospectively and in public domain, and the need to avoid information asymmetries.

They own 100% of the acreage. Have you never heard of a farm down? Deary me...

Nice post EV

Yippee! Another 450k barrels Tomoz! Thats over 2 million since FOIL! The actual O/L timeline seems to be getting shorter! No Wax in the sub-sea lines! Produced water under control! No requirement for ESP's! No doubt some Rock God will make some random excuse up about the planets not aligning with the moon and the oil will suddenly stop............

Would this be WW paid for by Spirit at zero cost to HUR???

EV. You were on record as having bought at 48p and having sold out at a substantial loss. You have then posted relentlessly negative stuff ever since, so one can only assume you are short. Fair enough, but for newbies, a bit of honesty would help the, save money. Thanks

And expected to be 35ks by end 2020. Also people attending the Scottish oil talk with Dr T alluded to progress in tying back Lincoln as a producer as being way ahead of expectations time-wise. Lincoln well results natural flow 9800/ day which was similar to Lancaster & look at how that is producing!

I've held yday and today and just topped up 65000 shares with proceeds from sale @ 45.5p last week. Get OPEC out of way, ask Dr T for an update on data analysis then let's not forget production expected to go up from 11ks a day to towards 17ks early in 2020.

Maybe no Director buys as they think it's a crappie investment

I walked past first ever MTRO branch i've seen and had a good stare through the window. It looks like some kind of downmarket brash US casino more than a bank. Also lots of empty unused space. Vernon's wife deserves 10 years in Alcatraz for the interiors.

They were out well before the market close and the sp barely moved.

So dipped toe in Fres at 569p today.

...heard about the free dog biscuits. Couldn't resist! wasnt one Tr1 a buy in but the other a reduction hence the mkt shrugged?

Tlw just keep getting it wrong. Tempted by sp fall, but today's RNS was offputting

I'm all in on HUR. Yes any results are risky, but this is an appraisal well not exploration.
I'm not too concerned as sp largely underpinned by EPS. Dyor

If there have been oil shows at surface during the horizontal drilling it will have confirmed there are HC's present, and if this is backed up with high drilling fluid losses then this is suggestive of an extensive fracture network. It doesn't take an expert to make some "read-across" assumptions to the previous "successful" wells.

So these rumours could easily be true, although obviously the actual/potential production rate can only be confirmed with testing(/production).

The RNS indicates that the testing is weather dependent. Does anyone know if it's the actual testing that's weather dependent, or the movement offshore of the equipment required for testing? If the latter, then we could still be a few (calm) days away for commencement of testing....

Certainly, confirmation of oil in the Warwick "reservoir" would convert some/much of the 935 MM bbl of P50 resources into 2C, although this will have little real impact on the in-ground valuation. More importantly (IMO), it should provide sufficient potential to progress with the GWA FFD.... and that will allow much of GWA's P50/2C to be reclassified as P2 Reserves...

Could be a sleepless weekend for any shorters out there..

https://www.standard.co.uk/business/market-report-lowflying-british-airways-owner-iag-has-new-shock-after-dive-in-profit-a4282596.html See focus on HUR