Member Info for Cebo-456

Mr Wilks, the tanker will not refuel the vessels. The Supply boats and standby vessels will refuel on crewchange or when back in docks - the AM will bunker Diesel and water from the supply vessel.
If there is a tanker near the Aoka Mizu, and I havent checked, then it will probably be doing practice offload, which ussually happens before the first offload off all the well fluids, and glycol keg gun from the flowlines. Either that or is is heading to/returning from the GL or Foinavon as part of their offload.

Gapingfracture, love your new pseudonym. !!!!!!

Those looking for a salesman as a CEO should have learned or should learn a lesson from Sound or Echo. JP there was "great, the best thing rinse sliced bread, he laid on investors trips to Morroco, tweeted continuously , webcams set up on location, golden tickets etc, and then he sold a million shares before the SPs dropped on both shared by approx 75%.

I would obviously like to see the Hur SP a lot higher and thought it would be, but as I have a long term plan so I really do not give a toss where it is now, but a lot more interested in where it could be in 6 months - 2 years. I hope the BoD have similar views and do not start tweeting, or releasing news every time a casing goes down the well, this does absolutely no good for medium term holders or the SP.

IMO of course

Oil above $72 this morning, GWA well spud last night with a CoS conservatively projected as 77%, targeting a Billion barrels on Warwick alone.

First Oil (introduction of Hydrocabons) due this week on the FPSO, followed by a 3 week period of bringing the wells on, testing, data gathering.

Exciting times here, another huge tick in the box.

Bloobird, I see what you mean now ref flarewatching, I though you meant that some of the local islanders were stagging on down the beach and could see the AM from the Shetlands, probably a bit far though, do you think?.

Commencing countdown, engines on. Dr T you've really made the grade, and the papers want to know who shirt you wear.

Quite a few posters were saying that Big Oil Companies couldn't afford to buy Hurricane on their own. I suggest they look at the $33billion TO deal the Chevron have announced this morning, unfortunately not yet for Hurricane.

Also Bloobird, do we now have Flare Watchers, as well as Ship Watchers and Underwater Crow watchers. Are there any prerequisites required to become a Flarewatcher - e.g. Good Eyesight, big Telescope and Shetland Island resident who lives in a big tower or owns a long distance drone.

BlooBird , no chance is that a recent photo. Not unless he is dangling from a helicopter somewhere above the flarestack. Plus that is a on a driller and the wring type of flare than we will see on the AM. IMO

They might be bought out by slumberger 75million would probably do it IMO which is loose change to Schlumberger. Maybe that why the Industry Experts are taking an early position - Alasdair Ferguson took nearly 6% this week and there is not a lot that he doesn't know about the Industry, particularly in Georgia and Russia.

Yep. This may move fast in the short term. Cash in bank currently circ 65% of the Market Cap.

Maybe JP needs to get on the phone to his buddy at Block Energy and see how it's done properly.

They were targeting 350bopd and got 1100bopd. There are several other wells which they will deviate and sidetrack on WR, the next being 38 (fully funded). So several with the same potential, then the Gas, no wonder Solo Chairman bought 5% of Block this week. Sound Energy would bite your hand off for this potential - and Sound have a MC 10 x Block last time I looked.

* Oil in Place and recoverable.

They will know the flow rate but need to work out Oil and recoverable. They may want to wait for Slumberger to announce their well first and Block may be "double and treble checking all data" to ensure this happens.
It is possible, but unlikely that they decide to raise money to speed up the drilling and sidetracks - but this could be at a premium to the SP and may well have a positive effect on the SP.
My money is now on a Monday RNS, but cannot rule out it coming sooner - ie tomorrow.

I think that the Company will just about have had enough time now to analyse the core samples and pressure gauges and would expect the RNS to come any day now, hopefully Monday to give the SP time to build into close tomorrow. Anything over 500 barrels a day will send this into the low teens IMO, but the big payday will be if and when they prove up the Gas on the licence.
I do not and would not ever inverts in UKOG, Angs etc for obvious reason, but if you compare Block to those pretenders, block wins every time and has a fraction of UKOGs market cap. - Possibly why IIs have piled into Block and won't go near UKOG, ANGS etc.
All IMO of course.

Yes and less than 1m waves and very little wind. Chopper due this morning I believe, Anchor Handlers could be finished by tomorrow, drilling the weekend.

I disagree, there is no buyers strike IMO, and there is no egg on anyone's face. Once Hurricane prove their model is correct then they will get offers. The people in those companies, making decisions are not the same as were in the seats 10 or 20 years ago, so no big deal to them. Even if the major Oil Companies are 90% sure that it was going to do as we hope, that is still not enough for them to risk $billions on and there individual reputation. They, IMO will want to be as certain as they can be and if that means paying a premium then so be it.
All IMO

LS, We will get a Spud RNS for each well and an Interim well update once the drill has been completed before the rig moves to the next well. - each update should give an indication of how the drill has gone with more info once the data has been analysed - so hopefully in the next week or so we will get the Spud RNS, and I guess about 60 days later an Interim update saying that the Company are cock a hoop that a mahoosive oil column was encountered at Warwick containing shit loads of the black stuff. IMO

Sea7, I was on about the last sentence of your post. Half the the profits go to the Government after costs - slightly different to how many may construe your post, whether deliberate or not.