Member Info for Cebo-456

Winalot, that is correct and spot on.
Simple investor, you are wrong yet again and making yourself look misinformed at best or perhaps rather silly if I may say so. - and yes, I have "tried" it many a time (to and from various assetts WoS over the last decade) and 35kt wind speed is NOT "storm conditions" by any stretch of your imagination- and flying in 50-60 knots Wind Speed really isn't uncommon and certainly not unsafe - and certainly adheres to "flying regulations" despite what you think and post.
As winalot states, the pilot may have discretion on flying speeds but the Heli-Deck will be "Red" (out of limits) when wind speed is above 60kts, or the Cloud height is too low, or visibility is low, or Sig Wave above 6m or the vessel/rig pitch and heave is out of limits etc - which means the pilot will not land on the offshore rig.

SimpleIv, ref your post at 2150hrs lats night- all your assumptions are simply wrong, and your statements of facts are also simply wrong - chopper type, weather conditions they can fly in etc (Spades1973s post on that is spot on although I would add that Vessel movement is as big a factor for Chopper delays WoS as much as wind speed (60kts) or Sig Wave Height (6m).
Your comments about paying for a "platform" being the easy bit, but finding a crew more problematic "and "unusual for a driller to come manned" are wrong also - if they hire a drilling rig, it will be fully manned and part of the day rate - Hurricane will not start looking for a crew to man up a hired drilling rig.
And lastly to clarify from your post where you were wondering if I had anything to do with your wife - that is probably unlikely, particularly if as you state - "she was going out with the coast guard at the time". - hope that puts your mind at rest. ;-).
P.S - Hopeman is a beautiful village as is much of the Moray Firth and I enjoyed visiting that area many times over the years.

Si

....Hurricane could well end up paying half of that.

NST, spot on - the rig will come with the crew which will be included in the day rate, and they will quite easily be able to man the rig if required. - oh, and Simple-Iv, just to clarify - the West of Shetlands is only an "extreme environment" if you were to swim to work - but the workers offshore WoS will be flying there by chopper, so pretty much anyone with the right qualification and who doesn't mind being away from for a couple of weeks at a time could probably manage it quite comfortably - don't believe all the scare stories told by the North Sea TeddyBears :-)
Day rates for the DS Aberdeen or Great White may be around the 4- 500k$ but those are top end rigs and Hur could well end up paying of that.
Time will tell though - if some on here have got it correct, we should have news on the way forward withing the next couple of weeks - RB at Crystal Amber seems to be relatively happy for now, so fingers crossed the BoD are being pointed in the right direction- for a change.

Good post Miss D, RIP Andy.

Couple of questions - why is RB not creating waves and angling for change at the top, and why aren't the Directors putting their hands in their own pockets and buying a chunk if this has such potential. Could be that the Board aren't as confident as some on this forum - or it could well be that the BoD cannot buy as they are aware of price sensitive discussions with other operators/suitors and as such are effectively in a closed period to trade. This may also be why RB seems content with the status quo.

Re-certified

Simple, you took a regulation, mis interpreted it and then stated a minimum price which was wrong, whether that is because you misunderstood the regulations or you intentionally tried to mislead matters not - you were incorrect with the minimum achievable price.
Same way as you would have us all believe that no drillers will be available - there are plenty warm and cold stacked that could be manned, rectertified and put back into service if needed.

Simple investor, your post at 0034hrs stating the minimum price that the Company could be sold for is 12.34p per share is simply wrong. You have read and interpreted the regulation incorrectly - you are then stating it as a fact which then misleads others.

Planned TAR - approx for 2 weeks.

Some on here including myself posted that all the signs were there for a low fund raise - (not quite as low as what happened), and that it looked like further delays with the Yanks- and with the SP in the 20-30's the risk clearly outweighed the reward - sonI jumped ship. I still am on the fence pondering whether to jump back in at those levels as, in my opinion, the reward certainly now outweighs the risk. Could it drop another 5-10% with no news - quite possibly but equally news could drop anytime that the Yanks are fully financed and that would be game-on with a nailed on 100% increase (and I would of course miss this boat). News could also drop that the Yanks or the company has walked away and the SP would take a hit (20-30% would be my guess) but with no need to raise money for a while it would recover back to those levels in a few months. Those are just my thoughts, I don't like those that bash shares pretending to be invested or the Sado's that take pride on people losing money as most have been there. I also have no intention of trying to get others to buy or sell.
GLA whichever position you have on this share
I have always posted and said that I believe Suzy to be honest a good person and great scientist - just not convinced she is CEO material - but hope I am wrong.

NW, I get the connection with Moreta and that his appointment was requested by CRS which they are entitled to do as a major shareholder - I am still not convinced that this is the same as having a seat on the Board as others have suggested- nor that this has all the official benefits of being officially privy to price sensitive non-public info, which may (not necessarily) keep him quiet but it would also stop him trading during closed periods and would require full disclosures and timely discolures of all trades. TI may be wrong but that doesn't sound like something RB would want to operate under.

0161.
And how exactly are they going to best fund the drill for well 8. Let's say its a conservative $100 million for drill and tie-back . If anyone thinks that the best option is to pay for it themselves out of the free cash then they need to perhaps give their head a wee shake. ;-)

How gas RB been gagged ????? . He is not officially inside, and has no one officially on the BoD, unless I missed that RNS.

Nope, they need producing assetts that are accruing WT - is it unthinkable (maybe, maybe not) that something like the Harding or Andrew may be sold to Hurricane for a nominal fee but with a % of each barrel still going back to the seller for the next x number of years - that way everyone benifets - it is no secret that the owner of those older assets would prefer to diversify, a smaller low-cost operator can effectively and quickly reduce OpEx, the seller still takes their cut without the risk of being the operator - and the buyer benefits from being able to offset accrued WT against further exploration costs (or vice versa :-).
The bottom line is we can all guess and speculate what is brewing - but it does look like some sort of M&A is on the cards in the next 8 weeks. RB is unusually quiet - happy???, it will be interesting to see the direction and choices the BoD and advisors take.

Angs / SDX come on guys you are surely having a laugh aren't you.
A stab in the dark would be an older BP or Ex-Bp producing assett - possibly the Andrew or the Harding - Even Maris and Chaffe couldn't be paid enough to look seriously at SDX on AnGs.
More likely a TO by a mid teir producer.

Good post DC and I totally agree. And as other have said, if it were not for Mr Justice Zacaroli , and Andy Thornton QC and Ben Shaw (representing CRS), then Huricane would have been in the Hands of the Bond Holders.
I do think that Stephen Robins who was representing the Bond holders and who came across in my opinion as way out his depth and pretty clueless Tom Smith QC who, in my opinion, also looked clueless and unlikeable at times with his annoying smirking and snearing - which helped the court come to the right decision - in my opinion.
Those highlighting the money that could have been saved by buying back the Bonds early are spot on, but let's not forget the additional circa $20m that the Chaffe and Maris wasted trying to give the Company away at the expense of Shareholders.
The fact that RB never made a move to get rid of Maris at the AGM may indicate that they must be relatively happy that Maris will make the correct decisions going forward that will benifet their fund - which should also benifet all retail investors.
All in my opinion.

Nige, its not an airport - arrivals and departures do not need to be announced ;-)

Mmmmm, guys look at the spread (25%) and the volume - only about £6k traded toady - hardly sugests or ndicates a breakout or leak. But I may be wrong.