Member Info for davidblack

FPSO are only temporary?

Tell that to BP on their Clair field which is using the 130,000 boepd Glen Lyon FPSO.

Maybe not, apparently there appears to have been some upgrades whilst at Rotterdam which hopefully will expand production from the 17,000 bpd in the commentaries from 2016/7 to the 40,000 bpd eventual target referred to in the latest slide presentation. The reference was the need to debottleneck ahead of raising the production towards 40,000 a day. Over an extended period clearly but we may well get a lot more handy cashflow to spend on drills?

In house broker research is also paid for. Just it is not itemised on the Broker Nomad fees invoice.

Or sell the ordinary shares and buy back the convertibles and pick up a subsequent yield for “Free”? There are so many games that IIs could be playing here. But it does look like the convertibles and rising interest rates effect on those convertibles may be the villain of the piece oh and add in a slipping oil price. Just feels like Hurricane got hit by a perfect storm at a time when there is no actual news.