Member Info for Foresight22

...very fortunately HUR have no oil lifting till probably July when other 'experts' say crude prices will be in $70s. Yesterday AS was only tanker prover operation (part of FOIL process - ticking boxes) - no oil sold.

… RNS on WD? ...period of no news???

Nothing of additional interest said over FOIL RSN, Top Table followed script. Clearly playing 'join the ...' was the only game on offer today. Loads inferred around the rooms. Main '…' being:

(1) WD is a success - why else HE commercial team meeting with bp today on gas export line, etal; WD RNS very soon as R-T offshore with Chris, Spirit boss.. Nice Video - better than FOIL RNS -- at least informative.

(2) next tanker to AM will produce Petrodollars - which bp contract with HUR means get paid 'immediately'. Suggest … next lifting will be before holding the Capital Markets Day in July - both dates not set. '...' - time will tell.

(3) HE all steam ahead to secure 100 MMBO production through OGA, therefore '...' initial Production Testing been a success. Results only to be presented at CMD in July.

'...' to those who did not attend may not be much comfort - poor room, poor food, … listen to R-T video carefully.

Marmite company, when does '...' become Smoke & Mirrors? Still LTSH for me, if SP not heading for 122p post CMD in July - maybe then more S&M than '...' ...may consider too much Marmite given to small SHs. Need to see SP growth - if no new information being provided like the TT at this agm.

Hope this helps those who could not travel.

..no bad for $61.7/BO. AGM must provide more info than RNS. Look forward to SP at 11:05 today!

Petrodollars, here they come!

...sounded to me like 'casing got stuck in original hole, could only back off from 5000ft -- so had to sidetrack the original well as only retrieved part of csg string. Now cemented 9 5/8" csg in sidetrack - drilling on with 8 1/2" hole. Now expecting well test end June.'

16th April - ~19th May = time for vertical well + TD logging (?)
21st May - xx June = time to drill horizontal + complete? => Testing next week ..anyone watching for TL flare?

..would not have sidetracked if wet, so at least more Discovered Resources.

..flawless thinking? Roger perfect in Paris - so far. Dr RT on 'court' soon...

..still stuck for 'ten'? ..or is it finally been freed?

..maybe a pilot vertical hole was drilled! hope so then more reserves added. Find out on 5th. Been tooo long a wait.

Itsi

3 billion BO Contingent Resources @$1/BO = $3 billion Market Cap [with WD RNS soon]

...sold down, bought back. That's not news.

..why sell! WD results still to come; etal; etal, etc, etc. You have been at sea tooo long.

Strange recent fall in SP, just before Guyana well operations early June. Suspect SP will only rise now over next 50 days!

..probably agreement they (Kerogen) had with HUR (?) -sell some before First Hydrocarbons. They are still in Cuadrilla and Zennor which are spending willy-nilly. Be interesting what backers for Siccar Point are thinking if Rosebank still uneconomic and the Lyon does not roar.

Based on recent reports of AM no flare and sharp SP rise, I conclude the PWT on both producers has gone well with BU pressures demonstrating Billion BO field (RE termed for infinitely acting pressure support!). That means just need two days with both wells flowing and finally HE can announce their HUR FOIL has been achieved. Roll on the first tanker petrodollars! AGM on 5th will be very buoy-full... way-hey, etc, etc.

Above $70/BO, good week ahead!

..certainly have proof now that HUR SP linked to oil price now HE is a producer! Lots of good new soon with AGM and WD, which hopefully has been drilled deep. Resources need to be turned to Reserves - much easier by the drill bit than ‘pressure interference’ from future well & production ops in Exlporation. At least HE has a plan, next rise soon.

>58p SP, great milestone - take that as EPS & Two Wells fully operational!

https://youtu.be/sMQtvYBDf0g?t=74