Member Info for DiveCentre

fandg2

I had originally expected the 17th. (see post 02 Feb 2020 17:16) but after Thursday the weather deteriorates and continues through the weekend so it may be prudent to offload Thursday rather than risk the AM being fully laden and having to stop production.

Rot1
HUR have said that from end of January they will ramp up to 20k bopd (subject to facilities availability of over 90%).
So far actual production has NEVER fallen below guidance.
"The Company intends to discuss the data acquired from the separate well tests and the subsequent combined flow at the Capital Markets Day on 25 March 2020, unless at any time prior, that data is outside of expectations."

Have we been told that data is outside of expectations? NO

As you say you either trust what RT is saying or you don't. I see no reason not to trust him but there are a crowd on here who are effectively calling him a liar.

Assuming they are there waiting for a weather window WOS Thursday could be a possible for a 350k load

Longwait

Why should HUR need to confirm that production has increased t0 20k bopd?
On the 29th January they said:

"Individual well flow test on 205/21a-6 well ("6 Well") due to complete before month-end, following which two well production is expected to resume at 20,000 barrels of oil per day (subject to facilities availability)"

I would only expect a further announcement if they were NOT now producing at 20k.

extrader
My thoughts on ngms27 of AADVFN were that he is one and the same as nigelpm on le cage aux folles.

drillordrop
"TLF is the only board currently trying to develop proper open research on HUR"
That is all very well and would be nice in and ideal world. The problem is the perceived effect on sentiment. Given the declining sp following the last Warwick drill you have to be pretty dumb not to appreciate that speculating on coning/ watering out is going to increase investors concerns particularly if that speculation is by someone who has built a reputation as a reliable and respected poster..
"Can anyone give me the depths of the horizontals in the 6-well and the 7z-well ?" which indicates to me a rather cavalier attitude if you are going to speculate on coning without such information. Also the absurd suggestion that water is being offloaded by tanker, and claiming that the Company are being coy if not deceitful with the information they are giving out. In light of all this you have to ask why, and whether there is a motive. Having a frank discussion is one thing but doing so on a public discussion board without realising the consequences is highly unlikely, unless as I say you are pretty dumb.
And if the discussion on this board is not to your liking try another board

OilbeBack

"Am I missing something?"
Well yes, one minor detail. The RNS does say " following which two well production is expected to resume at 20,000 barrels of oil per day (subject to facilities availability)"
Facilities availability is said to be over 90% so I think it is reasonable to expect average bopd of 18 to 18.5k.
I have pencilled in 17th February for the next offload.

It does not seem to have attracted much comment but the last RNS also announced that annual results will be published on 19th March, i.e. before the CMD. As a revenue producing company it will then have a price earnings revenue which might make a few people wake up.

Longwait
"I tend to disbelieve conspiracy theories"
It started in October last year when certain posters were sowing the seeds of doubt, Remember empty vessel.
Not your average deramper.

MCB55
HUR are still gathering and analysing the EPS data. There is no way that they are sharing that data with the industry at this point in time. Any lowball bid before the CMD is bound to be rejected by the Board and thus hostile and the Board will have to convince shareholders they can do a better job than the bidder. Following the CMD the issue will be when do HUR open the data room to the industry and will it be before they have an updated CPR on the Lancaster EPS. If they open the data room before and the cherry looks ripe to pick, and a bid is made, still relatively low ball but attractive to shareholders can HUR counter with a believable defence. Once they have the CPR the market will be aware of the potential value.

feelinlucky

offloads should now be about every 3 -3 1/2 weeks.

I'll leave you to work out when the next one will be and if you can guess the name of the tanker you get a bonus point.

has just declared her destination.
Lancaster

and Lancaster not Lincoln

TGD
about 5 minutes if you believe that article.

Heid Honcho
Laserdisc posted this morning 10.00am :
"Vessel Skandi hera multi purpose Aberdeen this evg now left stavanger on its way"
She is now about 25 miles from Aberdeen.
When she leaves we will see what destination is declared.

Apologies EV, that should be proactive investors

wellwell

It is appalling.

The next time anyone from EV rings up HUR coms they should tell them were to go.

At least Malcy has the right idea. PI's need to grow some.

preferably EN8

A hurricane pilot.
RIP

daltry

The recent appointment of a non exec is another step on the road towards a main listing. I can understand why HUR chose not to specifically link the appointment with a move as they no doubt wish to keep their options open, but ask why else would they take on another non exec if they have are no longer 'considering' a move. Assuming the EPS remains on track, (and I have no reason to suspect otherwise) would it be a surprise if they announced a firm intention to list at the CMD?

And regarding the next RNS would it not be appropriate to provide an update when they have resumed flow with both wells? Early February maybe?

Bloobird

you might have a look at adoubleuk's post on 9.12.19 in reply to SG2

https://www.lse.co.uk/profiles/adoubleuk/?page=10