Member Info for JiffyBag

Honest John: zero emissions 'fantasyland' – what happens to the millions of petrol and diesel cars?

'35 million vehicles cannot be replaced by zero-emissions alternatives over even 30 years, partly because sufficient zero emissions vehicles cannot be made in that time period; partly because the raw materials for sufficient batteries are not available; partly because the generation of electricity and charging infrastructure cannot be put in place; and partly because the majority of the population of the UK simply can’t afford them anyway.'

https://www.telegraph.co.uk/cars/advice/honest-john-zero-emissions-fantasyland-happens-millions-petrol/?li_source=LI&li_medium=li-recommendation-widget

So I think I will hang on to my HUR shares thanks :O)

Bob,

The Bashers dissapear when the market closes, have you noticed that?

Re Wednesday;s Price Rise.

Noted, Laserdisc's Spirit/Ineos link ,on ADVFN, (link is seven days old) , but at least attracts interest as to what HUR are doing WOS to a wider audience?

“While there is still money to be made, some of these companies will be on the hunt for more. M&A deal spend in the UK has already surpassed $5 billion this year — the highest since 2012,”

http://upstream.nhst.kunder.linpro.no/hardcopy/1864394/ineos-takes-lead-in-race-to-control-spirit-energy

Good Luck Robone, wish you well, Re UKOG I'm out for now, am much more positive on HUR as think is totally different ballgame in terms of management and potential, and will hopefully recover my losses on SXX and UKOG.

AK,
'BASF is an initialism for Badische Anilin und Soda Fabrik (German for "Baden Aniline and Soda Factory"). It was founded by Friedrich Engelhorn on 6 April 1865 in Mannheim, in the German-speaking country of Baden. '

Remember those cassette tapes very well, often had many copies of 'The Doors albums' on them as I drove my 1600cc Ford Corsair after visiting the then girlfriend at the time ..:O)

Other than that, BASF , very interesting Chemicals company
https://www.basf.com/gb/en/who-we-are/BASF-in-the-United-Kingdom.html

As for spies, the price rose today before any spies as such reported on this BB, so one should take with a pinch of salt as always, but nonetheless it happened so take note!

Robone the Tree Hugger , stikes again.
Nice price rise again I see, all looking good for HUR :O)
See Yah!!

PELHAM CAPITAL LTD is an investment banking company based out of THE ECONOMIST BUILDING 9TH FLOOR 25 ST JAMES'S STREET, LONDON, United Kingdom.

https://www.linkedin.com/company/pelham-capital-ltd
https://www.bloomberg.com/profile/person/3360166

DC,

Exactly :
https://www.centrica.com/stories/2019/drilling-for-the-future-of-west-shetland/
"It’s not often that you get the opportunity to work on something like this. It could become the cornerstone asset of Spirit Energy for the next 20 years."

https://www.centrica.com/what-we-do/exploration-production/
'By combining the cash-generating production assets of our portfolio with Bayerngas Norge’s developments, Spirit Energy is becoming a strong and sustainable European E&P company. '

At some point or another re WW, LC, and future Warwick drills and their possible outcome and maybe even brought forward GLA drills in 2020 ? a decision for another FPSO will be required to be made, will it not?

The question in my mind is when will that decision be made in order to monetize the potential revenues asap given that one cannot simply hire a FPSO off the shelf or can we?

DW,
'When can we expect to see:'4p
5p
6p
7p
8p
9p
10p
11p
12p
13p
Come back in 3 years.

SOB,

Either one takes your cryptic message as being political and Bercow will be sat on the top of a bonfire after today :O) or there will be a nice new bright flame somewhere WOS :O)

Which is it?

Sorry meant to say:

Surely FPSO's will only be built on the expectation of being hired against a specific project?

WW,

Re : There is at least one FPSO in build not to spec. There may be others.

Hope so, Interesting nonetheless, but just an observation, are those that are being built now (see link below) for a specific project in mind?

Surely none will be built one the expectation of being hired?

https://www.fircroft.com/blogs/10-fpso-projects-creating-job-opportunities-in-2019-and-beyond-91701915274

EV,

FPSO's how readily available are such vessels, and ones that presumably match the performance of the AM re Turret and Buoy etc, if that is a consideration, not sure at all on that aspect?

Apologies,

Latest link to most recent updated Hannam Report is as below, comment as to undervaluation still applies.

https://gallery.mailchimp.com/110d0aa5f5d9bf9478796664e/files/420bc2bd-8289-4cd3-99f4-becb4e15587c/Hurricane_Energy_Note_2019.09.20_003_002_.pdf?utm_source=H%26P+Master+Contact+List+%28Sements+and+Tags%29&utm_campaign=69b4eed3bf-EMAIL_CAMPAIGN_2019_07_02_10_23_COPY_01&utm_medium=email&utm_term=0_dd4f91613c-69b4eed3bf-98981107

'With the shares trading at 46p/sh, (now 42.90) this implies the market is ascribing no value to Hurricane’s >2Bboe of contingent resource - it trades at ~US$0.5/bbl of 2P+2C resource. The next few months of production performance from Lancaster will be very important to proving the play and Hurricane will hold a follow-up CMD in January next year to discuss this and the understanding of the 3 GWA well results.

JR,

Seriously, stop taking those lines of white stuff :O) 52p ???

Murray,

Re: Was just joking about with the share price comment,

I know you were no worries, :O) there is though a strong opinion of undervaluation..., see Hannam report

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=8&ved=2ahUKEwichLCctpzlAhVIQUEAHVKODSsQFjAHegQIBRAC&url=https%3A%2F%2Fwww.hannam.partners%2Fumbraco%2Fsurface%2FMediaDownload%2FDownload%3Ffile%3D2019&usg=AOvVaw3jrxYZpsfmZjLNQGn_XuHg

ie, 'With the shares trading at 42p/sh, we see virtually no value ascribed to Hurricane’s >2Bboe of contingent resource (most of which is light oil). To put it differently, HUR trades at a mere ~US$0.5/bbl of 2P+2C resource. This is well below the risked finding cost level targeted by oil companies of around US$3/boe and the transaction values for development assets in the industry.'

Will just have to sit it out :O)

Murray,

Re: ;'Producers or exploration I wonder??'

Hur are both P&E at this moment in time, and let's not forget we now have cash coming in from the GLA which is a very positive step in moving the company forward in order to self finance further wells. Also, some exploration/drilling may be brought forward for the GLA in 2020?.

'Knowing hur the share will probably plumbet on this next week, hmmm'

Why?, will only plummet if being heavily manipulated so that others with larger purses can get their hands on your undervalued shares, imho.

Wmoc,

Glad you have surfaced. Just one point on your splendid p or d website, can you please check the 'Follow the the volume' section, ie, the last 60 days etc, as seems to me to be very light against LSE volumes and has been for several months now. Many thanks, JB

Hi SG2,

Interesting, will also look for myself, although as yet not seen anyting re RDS as such.

My initial thoughts were BP might be a potential future suitor given their existing contract to buy HUR oil etc from the GLA etc, and the fact that BP might wish to replace sources with a high hydrocarbon footprint from Africa, Alaska, etc as recently announced with sources nearer to home, again WTFDIK, just a thought for now?

Eg: https://fortune.com/2019/09/12/bp-ceo-sell-oil-projects-paris-climate/

Bottom line for me is BP may well sell some of their assets etc, but I do not think that will stop them from finding strong replacements since oil and their survival is still going to be required for at least the next 20 years before the world changes to such an extent etc, MHO.