Member Info for DiveCentre

rogerphilip

The board members can buy as many sharer as they like but it won't change the reservoir and frankly that is what matters.

Apacchewind

You need to read the RNS on 6th March GWA Joint Venture Agreements Update

The last part of the revised term is significant :
" If at any time Phase 2 is approved and a GWA tie-back to the Aoka Mizu FPSO proceeds, Hurricane will benefit from the original terms of the 2018 Farm-in through retrospective application of the carry in the proportions originally agreed."
Note the original terms.

Careful
In the current climate almost certainly No.

According to the Petroleum Economist article it seems the Lincoln Crestal tie back is still a possibility;
"And the GWA joint venture has further applied to the OGA for approval of field determination over the Lincoln structural closure, with hurricane expecting an answer by the end of June."
Interesting to see if any mention is made in the next RNS. To my mind the main advantage of the tie back is that it necessitates connection to the WOSPL which will be part funded by Spirit.

dickupham
Thanks for a comprehensive reply. A tricky question yes but also a pertinent one.

Given the news today commenting on the the Companies performance and or ability to make a profit for investors is a little disrespectful.

dickupham
"The directors haven't put in the effort and taken the risks they have for peanuts, so they wouldn't recommend a bid at less than fair value. And hostile bids are rare in the industry."

Do you have any thoughts on what could be sufficient to gain a board recommendation?

Please keep to the subject of this board.

"I get the I impression that maths wants people to lose money and there are many like that on these bbs."
And others and not for the most obvious reasons.

Joe Soap
You are of course right. I had forgotten February.

Safe bet Genghis!

The buy/sell prices are not available; you have to look at the price around the time of the notification. There were 2 RNS's in December last year, on the 9th CA's holding reduced from 5.51% to 4.81% but he then bought back, the 12/12 RNS advising that the holding was back to 5.03%.
The holding has now increased to 6.25% (https://www.hurricaneenergy.com/investors/aim-rule-26) but as no threshhold has been crossed we do not know when he was buying and therefor at what price.

Apachewind
There's a fair chance that he was one of those doing the pushing and there's been nothing to indicate he has sold down his holding.

Header change.
The subject if Hurricane Energy not the posters.

Adonis
Thanks for making me laugh, but It's more likely to be Thames Water as they are not too bothered with a bit of pollutant In their H2O

LSE are the arbiters in deciding what constitutes personal information. Your refusal to provide a straight yes or no answer is sufficient for me to draw a conclusion . If you believe that my question called upon you to reveal personal information which would be in breach of the posting rules then report my post.

There is nothing personal in saying whether or not you are a Greenpeace supporter.
If you remember wellwell he had the honesty to admit his sympathies with the green agenda.
You have nevertheless confirmed a long held suspicion.

bartlebobton

Do you support Greenpeace?

Thankyou MaryMullins for what must be the one and only useful post today.

Here's a question for "the professionals"
If Grampian Sceptre is retrieving data from LC what might that data be expected to say given that both Warwick wells were P&A'd.

Joe Soap
Any punters betting on recovery based on peer performance are idiots.
It's like the guy who didn't understand why open hole well bores in FB do not collapse.

Hi Longwait
Good to see you still posting here. Miss you on the HUR board.
Surely the recent rise is down to the Investors Chronicle article.
Sold my JOG shares from my CMA account and bought back in my ISA in April and made a few bob in the process. Glad that I kept them in JOG