Member Info for DiveCentre

Beerbull
I think "The timing of testing is weather dependent. " in the RNS speaks for itself.
Friday onwards looks like a possible.

I see that HUR have decided to hire 2 PSV’s for the full term next year rather than one on term and a second on spot.

Requirements:

2 x PSV 800M2+ SS PBLJ EST 255 DAYS DRILLING commencing 15.02.2020

Wilson

as Biffa says it has to be two.

“once testing commences AND on the completion of well testing.”
It might have been better english to say updates will be provided.
 

aboubleuk

“and runs the risk of being labelled a conspiracy-theorist!”

Yes, I am aware of that risk.

You mentioned electric car stuff. Please keep up to date, they’re usually called EV’s

wellwell

We had the IR presentation on 20th September and the IR roadshow presentation on the 6th October so Q4 as well?

Page 3 Interim results:

“Long lead items for Greater Warwick Area 2020 well programme have been ordered, rig contract expected to be signed shortly “

bransonbull

Kerogen and Warwick Deep are contributors but they are not the primary reason for the current share price. When you consider that the Lancaster EPS alone is sufficient to support the current sp it becomes clear that NO VALUE is ascribed to:

1) Lancaster full field development.
2) Lincoln (a proved discovery)
3) Warwick.
4) Halifax.
5) Whirlwind.

None of this potential value has been priced in and the question is WHY.

The only rational explanation is that investors are still wary of that term unconventional reservoir used to describe fractured basement.

Is this a reasonable conclusion or has the FB risk factor been deliberately exaggerated and if so by whom and for what purpose?

DK2020
check the link in jasonds post 10.31

Its a tweet by the city editor of the Evening Standard and the Independant

Our stock market reporter @spencershapland has picked up rumours good news may be coming at oil driller Hurricane Energy #HUR. See his column in tonight's paper

Emptyvessel
are you expecting a duster?

weatherwise this weekend maybe and if not Wednesday onwards.

HeidHoncho

I’m not sure about your melon theory.

WW is being drilled to a planned 1840m TVDSS. The planned TVDSS for WD was only a mere 60m more at 1900m. Due to the drilling problem it was actually drilled 50m lower than planned. It does raise the question of whether the result would have been different if they had stayed on target.

Beerbull

The implication of you statement “all is going well” is that you have some private information on the drill for example mud losses. Now that is speculation on my part and nothing should be read into it, however you appear to be a genuine poster and I was prepared to take that statement onboard as a positive.

It is simply that you have called on another poster to substantiate a claim in view of which readers of this board might feel entitled to ask the same of you.

I wasn’t expecting a constructive reply

Beerbull

Earlier today you said;”without elaborating from what I hear all is going very well”

You are now calling on clkmouselozhouse to defend his statement in which case can we call on you to ‘elaborate’.

As far as I am concerned testing this weekend or the next is an irrelevance. The crunch is will the well flow.

TDG should have put a tiger in his tank.
up 3.4% from Monday's open and a predictable bounce.

somm

WW is to be drilled to a depth 1840 TVDSS. It’s in all the recent presentations.
The planned horizontal section is 1000m but both previous wells were short by some distance.
HUR have just engaged KL Brisfjord, a PSV for 3weeks from 02/11.

6th
congratulations LH

adoudleuk

It may be wishful thinking but it does make sense.

MCB55

Thank you for a sensible reply to what was my question.

?It was intended as opener to the follow up question of when. If you look at the last one it was 8 months from letter of engagement to publication. Hopefully it will not take as long this time but late 2Q20 if not 3Q20 is what I have guessed. The further question then is will HUR wait for publication before opening the data room to the industry.

K?
A 318,531,211 16.00%. It is on their website.
I agree it would seem logical so when might it be published?

In the last Lancaster CPR, May2017 RPS said the EPS early production data will allow Hurricane to refine estimates of maximum production potential and future recoverable volumes for the Lancaster Field.
So does it seem reasonable to expect HUR to commission a further updated CPR when they have this information?

Biffadog
It’s taken you a while to cotton on to the learned one.
Question is what is the objective.