Member Info for DiveCentre

noelpbz
You seem to have forgotten that PoO was over $50 up till the beginning of March and if March was forward sold (Chaffe said six weeks) then half of the first six months revenue should have been at $50+.
So think about adding $25m to your figures.

But I can guess...
Yes and its not that difficult.

"SCUM BAGS"
What about those on this board?

Slift
There are blatant rampers and derampers. Anyone with an iota of common sense will ingore them as their agenda is just so obvious. It is ludicrous to suggest that they will influence the sp

Slift
The maintenance shutdown was said to be scheduled for September. When in September was not specified so I see no reason to connect the timing of this last offload with the planned shutdown. If the NO's visit was early could it not be that the AM's tanks were brimming.

One point of interest about the announcement is the absence of any reference to the Technical Review.
It suggests that the advice "Completion of the Technical Review is expected on or before the Company's interim 2020 results on 11 September 2020" still applies.

Kaboom=Kabust

Slift
If it is to be in house I don't think it matters which board member it is. It will be an consensus expression of the new board's view but from the market perspective it will not be independent.

Slift
You seem to have missed my point.
I am well aware that RPS will be providing the updated CPR next year, and it is almost certain that they currently have access to the EPS data.
What I am asking is who will be declared as the competent person for the technical review.
In house, or someone independent of the Company?

Slift
"(and rubber stamped)"
and who exactly will be providing the rubber stamp. I assume the TR will name the Competent Person providing the rubber stamp but will it be someone independent of the Company?

aboubleuk

"we no longer trust previous reservoir interpretations, so we'll remove them,"
I agree. It is not so much their removal but the negative message it conveys.

I guess you still have bartlebobton on filter in which case you will not have seen the one and only useful contribution he has ever made. It contained a link to access the technical library:
https://web.archive.org/web/20200102043208/https://www.hurricaneenergy.com/assets/technical-library

JAdam
it was 9.2

Muultibagger2021
Agree your arithmetic based on a 68mt load and the draught increase of 2,8m tends to support a big offload.
If it is 68mt that's a 512k load and would put production at 19.7 bopd. We will have to wait and see but it does remind me of the quip "you were only supposed to blow the bloody doors off"

conkclo
grateful for the pics but take care. Do not compromise yourself.

A lot of armchair experts on this board who seem to think they know a hell of a lot more about the reservoir than RT despite having no access to the data.

Slift
You might go back and read his first post and in particular this:
"So what could explain such a difference ? Simple : 7z sits deeper than 6 and therefore has its "feet" in the water. That's why it's been sucking so much water all along. 6 is horizontal and at 1220m TVDSS, ie 160m above the OWC. 7z heel is at ~1300m TVDSS and its toe is at 1370m TVDSS, just 10m above the OWC.
So if the OWC is shallow, at ~1380m TVDSS, it should be absolutely no surprise that this well is sucking a lot of water from its toe."
That is 220m above RT's low case. Clearly RT must be some deranged idiot.

"Oil-Water Contact is at structural closure."
Speculation that you have been constantly pushing.
I wonder why.

Dire Emblem
Just put £300k in Admiral any you'll get £18k pa with no hassle from dodgy tenants.
Look at their dividend history including the specials.

IJWT
You know full well that the Bonds are due in 2 years.
Whats your game?

slipanchor
"I'm surprised that there is another offload so early."
Reading this board I'm surprised they are ACTUALLY still producing oil.