Member Info for LadySonia

Read mention of Molson Coors on another BB...
Would be a nice extra bonus for holding on if there was an improved offer...

AD
Re: Times Article:
Interesting, have been trying to avoid WWW since WD, so the bit about valve problem is new to me.

"That was in spite of only one of the two subsea pipes being available for much of the period because of a valve problem."
Would these valves have been on AM or Valves subsurface?

Thanks Velo - the 5 figure profit I get from this will wipe out about 1/3rd of my shortfall from SXX - which could also get bought out, and then I'd be F.
What can we learn from this? Not much..
Been a LTH for 5 years.
One of Buffet's metrics is debt-to-equity of less than 0.5 so even he wouldn't have been in this...

Hi Pseudo,

So is the 850p now guaranteed?

SG,
" I'd like to know why, as DC points out, they chose to drill WD first"
Pretty sure Dr T wanted to do that one first as it is in the middle of the 3 planned wells, that was his justification on the most recent Malcy Vid'.

https://youtu.be/CUuS-PT2qbg

11mins 20s onwards

IJWT

The CEO is a Scientist, not a city slicker.
Like it or.....Lump it.

I'd stopped arguing with them.....

They'll see.....

The HUR drop since last Thursday seems inversely proportional to the SXX gain, but then again correlation doesn't equal causation...

The HUR drop since last Thursday seems inversely proportional to the SXX gain, but then again correlation doesn't equal causation...

"operating margin flat year on year at 15.2%"

...Could have been worse??

"This morning we have announced our annual results for the 52 weeks ending 28 April 2019.

Highlights include:

• Pub Company like-for-like (LFL) sales ahead of the market at +2.9%, driven by effective investments in value, service and quality (VSQ), our four core brand focus and boosted by the good weather and successful World Cup
• Further improvements made in TripAdvisor and Net Promoter Scores (NPS)
• Pub Company operating margin flat year on year at 15.2%
• Pub Partners LFL net income +1.5% and LFL net profit -0.3%; Brewing & Brands revenue up 5.8%
• £35m mitigation achieved, limiting cost inflation to £14m; adjusted profit before tax1,2 +1.6% to £246.9m"

Johnpw,
It's very likely that Dr T is knee deep in data, he's not your typical CEO.
Equities pretty lacklustre in general right now, HUR suffering from the general malaise...

"Supply crunch to reignite interest in oil juniors?"

"If you needed confirmation that the appetite for higher-risk oil and gas stocks has been on the wane, you need only consider that they constituted 12 of the 25 most actively traded stocks on Aim back in 2008 – that’s now down to three: Hurricane Energy (HUR), Diversified Gas & Oil (DGOC) and Sound Energy (SOU)."

"But the ‘risk off’ sentiment on junior oil stocks that has prevailed since the 2014 slump mightn’t last forever, but surging production from the Permian Basin may have lulled us into a false sense of security."

IC View
Global crude demand hit 99.2m barrels a day in 2018, a 15 per cent rise since the start of the decade. Given the lengthy lead times involved in oil and gas exploration, it’s impossible to replenish lost future production overnight. The opportunity cost of the pulled capex could amount to 3m barrels a day, enough to tip the supply/demand balance into deficit, even with Saudi daily spare capacity at an estimated 1.5-2m barrels.

Excuse the naiive question, but would like to hear opinions on whether the CMD may reveal potential investors who wish to invest ONLY if HUR are listed on main market?

Eg. there could be a bit of a 'hurry up' after the CMD.

CA are legends in their own lunchtime.

CA
3 years 34.58%
5 years 43.28%

F---Smith
3 years 75.36%
5 years 161.65%

" sit around on a drilling rig. What's he bring to the party out there"

25-30 years of world class expertise / Instant communication and rapid decision making...

Do you honestly think he's sat up there reading 'The Sun' with his feet on the desk?

Won't be at AGM, but would like to pass on congrats to all of HUR

Sometimes wonder about the quality (or lack of) even in specialist journalism though*
*Rhymes with Doomberg

On a semantic level, the word "believe" has been used often about Dr Trice and Hurricane.

Believe : Accept that (something) is true, especially without proof.

At no point has there been a "lack of proof". Any articles written using the word "believe" will get shitcanned.

"They'll see" !

Some of this was filmed on the Aoka Mizu :

https://youtu.be/d5PF9n62oJk?t=234

https://www.energyvoice.com/oilandgas/north-sea/200723/oga-issues-awards-for-31st-north-sea-licencing-round/

Spirit in the mix.

Itsaponzi

Arbitrage....arbitrage....