Member Info for cat5

As Clickit says, well worth a listen
https://www.brrmedia.co.uk/broadcasts/61baf8472087413a5328b6cc/petrofac-trading-update/

I'm presuming there's not much stock available. I just tried for £5k and was offered 3.97p

CA have increased holding again since last rns to 28.9%, still confident

There's not a great distance between Lancaster and BP's Schiehallion/Foinaven fields
http://www.scottishenergynews.com/wp-content/uploads/2017/03/Hurricane-Energy-field-map-West-of-Shetland-blocks-in-red-in-Rona-Ridge.jpg

Would anyone have a calculation regarding CA's NAV on Hurricane of 30.7p?
Sensible answers appreciated

https://www.energyvoice.com/oilandgas/north-sea/374259/petrofac-cygnus-neptune/

www.energyvoice.com/oilandgas/374382/2021-sees-oil-and-gas-discoveries-sink-to-lowest-level-in-75-years/

I wonder whether we'll see CA take advantage of today's weakness, they could possibly add 20/30 mill without crossing the 30% threshold

And with a few simple adjustments of filters, Dollarboob has disappeared into the ether.........

They say "A woman's work is never done" and then wonder why they're paid less

Low volume and 10% down

Have we considered that just maybe we’re the last PI’s here, just buying the odd thousands here and there, with Bartl countering us with drip sales.............

That’s what’s keeping me awake at night

Out of curiosity fandg2, have you calculated that figure yourself? and if so might you enlighten us?

As per fandg2, well worth a proper read with a calculator:
https://storage.googleapis.com/crystalamber-com.appspot.com/_downloads/monthly-net-asset-value-2021-10-26.pdf

Bartlebobton for me = This message has been filtered, please adjust your filters to view

Suit's me ............Suit's you sir!

I wonder whether we'll see over the next weeks CA further increase their holding? I can't see them passing the magic 29% though.
Surely someone like RB wouldn't stick out his chin that without being supremely confident of a positive outcome.
I know we've previously debated how much Hurricanes shares stand CA in (in my calcs approx 4p per share), I'm wondering what uplift would be acceptable to him with the share price before satisfaction?
How much did CA spend taking Hurricane board to task?

Coming back to a thread at the end of October “Roll up, roll up” we had the following members committing to:

I hadn't realised this would get so complicated.......ha ha. Let's go with announcement of production and sufficient free cash to pay off BH, if everyone's happy? Just edit and add your name to the list.

Goldenbadger1 15/01/2022
Tuxedo8 21/01/2022
Topcat81 27/01/2022
Daltry + Senseman 31/01/2022
Stonecoldsol 01/02/2022
DifferentAngle 12/02/2022
Mr Wilks 14/02/2022
LegalEagle1 17/02/2022
CAT5 15/03/2022
fandg2 26/03/2022
Penstock 29/03/2022

Are there any more takers?

Our current market cap ($80m) is just 160 days of production..........Does seem a bit mean..........Could you all please start making an effort and buy more

So the bonds were raised 29th June 2017 and Stifel Nicolaus became advisers 21st September 2017. Is this legitimate?
Would the advisers and corporate brokers have access to all areas of the company position?
Would they have any influence over the contents of a CPR?

Sorry to mislead but both my figures should have been in dollars, i.e $110m outstanding and $79m in the bank. We are around $31m short as things stand. But after the next lift we should, hopefully, be in single (m) figures of debt........

I think we're now down to $110m debt, with £79m in the bank as an approximation of our position after this latest reduction and latest lift.