Member Info for Cebo-456

Rich possibly correct on both counts, although personally I am still working away so haven't yet experienced the lock-down first hand as yet.
Hurricane can survive for years at $15 oil whilst whilst most others would struggle to see 2021 at sub $20 prices. - and eventually things will eventually return to relative normality, maybe later this year or 2021.
Production continues offshore, the Helix looks to be on P&A duties (IMO), which means the PBLJ is maybe free to drill a couple of holes. I assume that one will be the quick commitment well on the GWA, unless the OGA are flexible with operators, and roll the commitment wells over for another year or two.
We also missed out on the CMD due to the CV19, but Hurricane will now have all the EPS data they wanted - is it unthinkable that there is enough to temp a cheeky low ball offer from some cash rich company that dont believe the sky is imminently falling in.

Good to hear Winalot, what rig are you on if you dont mind me asking.

Changfai, totally rubbish. It will be anyone that shares a cabin or works alongside him or possibly has shared an office with him or maybe worked closely on a couple of workscopes with the guy. (and the AM is one of the few assets that only has single cabins so no sharing). - We wouldn't close Tesco's and send all the staff home because the checkout person tests positive. FFS, get a grip.
The guys and girls in the AM will be a lot more relaxed, and cracking on with the job, than some of the pathetic panicky armchair experts on here. If the cap fits........

Ammu123, what nonsense "stop production and help the people......". They had one chap that needed to be taken off due to the virus, anyone deemed to be in close contact with him would also be taken off on a more routine flight and sent home to self isolate. This has happened now on many platforms and Rigs in the uK sector, so stop panicking - there will be very clear procedures on board that will gave been followed, production will continue, and rightly so.

LW, there are probably several hundred employees connected to Hurricane so it was just a matter of time before one contacted the Virus, and yes it does make a difference.
There is likely only one or two actual Hurricane employees on board the FPSO at the time. I appreciate the Oil Price is on it arse, but if anyone is selling because of the chap that was taken off with C19 then I think that is an over reaction. The AM is still producing Oil as I type, it is bussiness as ussual.
That said, let's hope that the chap that got lifted off the Aoka Mizu, along with all the others with suspected C19 that have been de-mobed from many other Rigs offshore UK make a full and speedy recovery.

Long wait, where does it say that it was a Hurricane Energy Employee, because I dont believe it was.

Maybe, but which of the OGA license extension requirements do you want to see relaxed?????.

I think the P&A is going ahead, but may be wrong. I think that they may give a years extension on the GWA commitment Well. We have till Dec next year to drill the GLA well so unlikely this will change.

I believe they need the commitment wells for Field Determination at some stage prior to any FiD on any FFD but no rush for that given the current craziness.

All IMO and quite possibly completely wrong on all counts.

The guy woul have been tested only if he ended up in hospital. No test kits offshore to my knowledge. Bussiness as ussual and still producing.

Ghenhis, you must spend a lot of time and effort trolling through the internet and Twitter to find the most negative articles that back your views of doom and gloom. Whether that is deliberate or just to justify to yourself your declared position here, I dont know, or really care. I like to see all views but when someone continually posts poorly written negative articles and tweets, they lose all credibility in my opinion.

Try again when the market is open Pete, more chance then. :-)

Lost me Barny, but which part of that is about Hrricane Energy?

I do not see how charts can possibly be usefull or reliable in times like those, unless someone has a chart from the last time CV19 hit the world economy - which reflects trends and behaviours that are likely to be repeated this time round., mmmmmm

Daltry, I disagree, if they were in a position to increase production, and it didn't negatively impact of data gathering or reservoir management, and they had the flare consent then they would have increased it anyway.
So there is no question about him (the Company) compromising the already very well run and susessfull EPS operation to pump a few more barrels of oil.
There is also certainly no question about "survival" being their immediate priority or concern. Not for me anyway.
As I said before, if you are investing in this high risk industry, Hurricane is about the safest punt around at the minute. - all in my opinion obviously.
But off course if RT does state that, and says they are going to up production to mitigate the low Oil Price in order to survive, I will immediately apologise.

Thanks for repeatedly posting updated on the virus, this must be extremely useful for those people who do not have a TV or who's internet access restricts them to view only this Board - otherwise they would be totally unaware about the virus going about, and may even miss the chance to panic buy whilst waiting for the world to end.

Ghengis - "it's not inconceivable that prices could go negative" - You never know, something seems to have caused you to do a full revesal recently and turn extremely negative, so same could happen to Oil prices I suppose. :-)

Hope you are well all the same and someone hasn't hijacked your LSE account and started looking for poorly written twitter articles and tweets to back up their trading position.

If we get no speeding ticket when this pops 50% (like we did last time), last year) then that may be telling.

Don't you guys have facebook or some other platform to spread your Rumours or Gossip. Unless Prince Phillip holds or held a shed load of Hurricane share (which I doubt) then I really do not see the relevance on posts like that on here.

I think most hope that this will turn soon, but not as much as RB at Crystal Amber who are taking a pasting, not only did they buy more Hurricane a couple of weeks back, at circa 15p, they have also been buying back their own shares. I dont think that RB has an inside track but he certainly has more resources and contacts than the average Joe. So the fact that he has kept his trap shut and bought another 24mil when the SP was considerably higher than today is maybe a positive sign.

Ak, I would take my hat off to anyone clever enough to know if the GTs were on fuel gas or diesel, just by the size of the flare - for that info, I suggest you need to wait until the CMD next week - although surely your extensive network of oil workers can provide you with that basic info if you ask them. :-)

Who really gives a toss about Berlusconi and is there some relevance or link to Hurricane that I am missing somewhere.
All that matters here, to me anyway, is if the Aoka Mizu is producing oil as guided. And I can absolutely guarantee that despite the idiot saying otherwise on the deleted thread earlier - The AM is still producing Oil as I type - anyone saying otherwise is full of cr@@p.
Hurricane are well placed to ride out the storm, including low oil prices - they have no debt worries and more than enough cash in the bank to not only P&A LC, drill the Lincoln well that the OGA insist on this year and, if they wanted to, put another hole in Lancaster. They are still making money at sub $24 a barrel, unlike most other small and large oil Companies including BP, Tullow, PMO, enquest etc, not to mention all the American Shale Operators. As long as the EPS keeps producing like it is, then this Company can weather the storm for a lot longer than the majority of its competitors.
All IMO, apart from the bit about the AM still producing - that is fact, not opinion.