Member Info for MrWilks

Seriously hoping it is this month.
a; to indicate well is behaving
b; so we don't have to wait another month to know what price our oil will fetch
c; If it is this month we are looking at 2p per share clear profit

rfarfa lol
armenent is that the collective name for words said after a prayer

g = government leader
o= opec leader

g / good morning
o / its afternoon here, but hello anyway
g/ can you drop the price of oil please
o/ why
g/ people can't afford it
o/ you charge more in tax than we charge for the oil why don't you drop some of the tax
g/ that would be silly because we would get less money
o/ correct
g/ but we need to look good
o/ ok, but is it not true you don't like oil and want to go electric
g/ absolutely
o/ so let me get this straight, we drop our prices now and in the future we go electric so there will be no need for our oil.
g/ you catch on quick
o/ oil is not just for fuel
g/ is it not, what else then
o/ plastic, sun cream, paint...(20 minutes later).. and lipstick
g/ wow that is a lot
o/ yes and you tax them all
g/ ok hadn't looked at it like that
o/ while you are on the phone can you tell me how much devastation mining rare minerals will cause in the hunt for battery components.
g/ that's an easy one. it doesn't matter because it is in poorer countries
o/ I am struggling to hear you, are you having a party
g/ absolutely not
o/ I can hear many voices in the back ground and glasses chinking
g/ that is my ventriloquist cat that juggles marbles
o/ that's ok then
g/ so any way, back to oil, it sounds like it we really really still need it
o/ are you related to sherlock holmes (sarcastically)
g/ no actually but i think i have deduced we need the tax revenues
o/ i can see why your head of government (sarcastically)
g/ thanks, look i got to go, my cat needs feeding and he is struggling to open the wine bottles. by the way if i can do it on the quiet i will buy a shed load of oil shares, it looks like a good shout.
o/ shall we forget we had this conversation
g/ what conversation
Both goodbye

Just for fun
The above message is pure fiction

GDB1
Wonder how they will down play that excellent news??????

A nice gentle 5 week rise up to $100 then stay there for 12 months would be a dream.

Lets wait and see,

Patience required

chique
totaly agree

By my (very rough) calculations on the limited information I/we have
I reckon we are today at zero debt if you count the production value of
the last uplift plus the production since last offload.
I don't think we can purchase all the bonds before maturity, so would
it be feasible to put cash in an escrow so that bond holders have no
leverage in company's forward plans?????
I am sure there are several plans for going forward but all dependent
on if, when and how things transpire.
GLA

Looks like there will be a ship to ship transfer today of HUR oil.
Does anyone know why the Scott Spirit didn't just sail straight to unloading port.
Both ships are similar size and have been idle for the last 4 days

Still at anchor in Scapa Flow with 500k+ of crude aboard.
Question is, who's oil is it, HUR or BP

Pipewelder
I doubt this deal will expire.
Just can't think of another industry where the buyer choose's the price they pay

we certainly seem to have the shi**y end of that contract.
with the volatile world we live in, that could be a $5 mil swing (on the wrong side)
and thats just on the small amount we produce.
is this an industry standard contract????

Careful

You forgot to factor in his 26 million dollar bonus

With BP choosing the price they pay us, I don't think they will give us an extra 4 mil because we chocked back (thus extending offload date).
I assume shuttle tanker is booked many weeks in advance (not like hailing a cab)
As mentioned a while back, I think they should choke back to preserve/extend the well.
Could the 7 well be re opened for say 6 weeks to give 6 well a rest?????
When 6 has been shut before bottom hole pressure has risen.
All guess work on my behalf (hopefully the guys in charge know more than me)
On the off chance anybody who works on the AM reads this BB can I say a big thanks from all the shareholders
especially to the guys and girls who had to work the holiday shift. Keep up the good work.
Hoping for some good news this week.
Good night

Golden
Don't think this next load is enough to clear bh's.
I reckon half of the following load will put us at a cash balance.
I also reckon some bh's will want to go full term
With a 7% token and now guaranteed payment I know what I would do.
Either way we will hopefully start building a nice cash pot.
Best of luck everyone.

hey cat5
your probably not far off the mark there.
My last post was just drunken gibberish. (i've had a good day)
Either way bond holders gone soon ..........

youslez
very simple.
barrels pumped + barrels under natural flow x $53 minus rise and fall of tide x wind factor minus 97% of wage bill divided by 40% add 10% for tax credit and don't forget the crew like bacon sarnies on a friday so deduct £37.50 (approx $28) add tax relief of £4.00 . Do not forget that the ships bell needs polishing this month so we need to allow a further 37p for brasso.
If the above seams over simplified, the following complicated equation should be followed.
£5 million a week profit x 1 = $5million a week profit.
Simples
Have a great day

I am guessing the next shuttle tanker to be on route over the weekend.
If it is before the 25th we will get a little less than current poo.
Production wise, the sooner the better, price wise a delay works best.
Knowing our luck we will have a delay and poo will crash.
Good luck

Daltry
Enjoy your trip
When you get back HUR will be debt free

cat 5
one thing I did not consider, was if the robbing bod's decide their own Christmas bonus we will never have enough free cash.

what was the price April 2019