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DK2020

IMO the most important thing is they have a discovery which appears to be commercial. Just how big is of lesser importance when you compare that to the damage that would be inflicted on the SP if this had turned out to be another WD.

The focus should now return to the Lancaster EPS and as long as that continues to deliver the market will eventually wake up to the massive potential.

Hurricane Energy
With speculation rife the Hurricane team are trying hard to keep the facts of the matter in the marketplace. Hence today they announce that the DST is expected to start today at the Warwick West well and the market will be informed every step of the way…

"There also appears to be a GHOST SHIP in close attendance....."

Is that the vessel with nowt in it?

Beerbull

You seem to assume that all posters are either investors, or potential investors.

Think outside the box.

Casapinos

The guy is obviously an extinction rebellion sympathiser. Yesterday he wrote an article titled "Why your workplace pension is probably invested in fossil fuels".

SG2 you may have mistaken the target.
You'd need some balls to use a Swan Vesta

3 people

adoubleuk

Given the rumour last week they have probably had that reminder rammed home.

Londoner 7
I see where we have our difference. There was quite a large gap between the last AIS signal whilst on the arc and the next when she had moved away. I agree the periods are best calculated using disconnect times but check your period calculation 13.10 to 14.11.

Beerbull
Spirit are going to let us down, Kerogen are going to do the dirty on us and sell up,
The EPS is a big IF and now the institutions are creaming us poor PI’s.
But hey we have our friendly meerkat on the lookout for us all helping to save us from another AIM loser.
Good luck guys….

Hi Londoner 7
What are you start and end times to get 20.5 hours? I have 3.00pm 13.11.19 - 10.23am 14.11.19. I also have 32 days for the period but agree the 350k load as this equates with 11k production guidance for the last quarter of the year (page 15 of the IR roadshow presentation) which is the most recent guidance.

adoubleuk

"proof of concept"

I new as soon as I read the post your reply was inevitale and utterly predictable

Looks like NO and AM are now cosy

The rig is on hire for 255 days. Could there be time to squeeze in an extra drill if say 60 - 65 days per drill? It would presumably require agreement with Spirit and no doubt some financial adjustment .

wellwell

"The CO should deal with these CB’s at the earliest opportunity"
I think AS intends to and it is probably why nothing has been said about further drilling next year.

petethestreet

The convertible bond offering was part of the fund raising, together with the issue of equity in 2017 to pay for the Lancaster EPS

The offer:
http://ir1.q4europe.com/IR/Files/RNSNews/18985376/Hurricane2018tf_13636271.pdf

Results of offer:
http://ir1.q4europe.com/IR/Files/RNSNews/18985376/Hurricane2018tf_13636627.pdf

The number of potential Ordinary Shares that could be issued if all the Convertible Bonds were converted is 442,307,692 (assuming conversion at the initial conversion price of $0.52).

see

http://ir1.q4europe.com/IR/Files/RNSNews/18985376/Hurricane2018tf_14451277.pdf

page 19

Albi1

If you have ever attended an AGM you will be aware that the company are keen to monetise the assets as soon as possible. However to do so and get a fair price is has to be shown that they have the capability of going it alone.

“how is it in Hurricane's interests to keep the SP down?”

HUR have no interest in suppressing the sp.

Is it conceivable that there may be other interested parties who are?

Albi1

“What I'm not clear on is how the SP is where it is today. “

It is were it is because there are still too many investors who lack confidence in the expectation that HUR succeed and the question to ask is why is that so.

It’s not my crystal ball.

For those who remember, the hook up was the last significant weather dependent operation. I have dug out and dusted off Windy.com