Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
I know its nit picking but why do reporters/commentators keep quoting the North Sea when all of Hurricanes oil fields are located in the " ATLANTIC OCEAN " .
Major oil field in North Atlantic approved by regulators - BBC News
https://www.bbc.co.uk/news/uk-scotland-scotland-business-41400204
26 Sep 2017 - Oil exploration firm Hurricane Energy's major Lancaster field in the Atlantic remains on track to start producing in ... Major oil field in North Atlantic approved by regulators ...
Good Night All !!!
On a footnote : Crystal Amber Fund Six Pence rise today and an RNS to boot ???
Good Night All.
Hello Bloobird, Belated Apologies for not spelling your poster name correctly and for my rude post, you are obviously technical minded with reference to Buoy race inferring Race Bearings, i have an Aerospace Engineering background so no sea legs. From reading the posts from Energy Voice today , i am so wide of the mark with reference to Solid Oil Platforms.looks like a fleet of FPSOs, personally would much prefer Solid Oil Platforms but hey- ho will go with the flow !!! not far to run for cover if they have too. Still not made my mind up with regard to Kerogen Intentions because as they say " he who says nothing has plenty to hide " ???
Right Lunchtime Swim is Priority now and please accept my Apologies.
GLA
Hi Bluebird, 100% of oil rig personnel would rather be on a Solid Fixed Platform Rig than getting tossed around in an FPSO in a HURRICANE, i suggest you would be crazy and foolish if you would rather be on an FPSO than a Solid Fixed Platform Rig. Thank God you are not giving any technical advice to HUR.
GLA
Thanks Bobblicious for posting twitter comment which was aimed at doom merchants on BBs such as this, i also form the opinion Dr Trice has proved hook up but will keep that up his sleeve for now.
Investors need to realise that we are at Lancaster to vindicate the Field , and not to showcase our " SEAMANSHIP "skills in the most violent Gale Force Seas that the Atlantic offers. I fully expect this will be a regular ploy to run for safe haven even when its partly loaded with oil until the seas calm down around April when it can then stay on station for the summer, Aoka Mizu is the umbilical cord so why jeopardise it, at this present time its our most important asset we have to protect it by whatever means. Next Winter we will have an Oil Platform ( much, much safer ) and Aoka Mizu could be our supertanker for the transfer of oil so we dont have to pay horrendous costs for supertankers !!!. I dont think Kerogen will consider take over offers unless ludicrous money because by HUR becoming an oil producer they could make 10 times the money ( 5 Billion compared to 50 Billion over 25 years, circa figures for illustration ) i think that is what Dr Trice alluded to when he said the infamous quote about super majors " we will see ". If you look at Kerogens Portfolio most of them are Producers this seems to be there strategy for success, why change it here when we are at the finishing line, almost all the spade work has been done, only the icing to go on. And the good thing Spirit will have paid for it all ??? Savvy Business People Kerogen !!!!
Right off for a Lunch Time Swim if me " Speedos " are dry from this morning ??? Hope no one in me Swimming lane i suffer badly from lane rage !!!!
Having read all the posts from experienced oil personnel, i come to the conclusion that the hook up was successful on Friday and they have simply decided to shelter from the storm. Why do i think hook up was a success because if it was not they would of headed for a repair yard already, because when the weather is more calm and they go back to the buoy they would have"egg on there faces " if they then encountered problems with the buoy, so they proved on Friday that they can hook up rather than look like fools when they return to Lancaster. I guess Dr Trice is having a good laugh at the panic on these boards knowing he has the last laugh !!!
P.S. For those who have doubt it is berthed currently at " CRY-MARTY " , for those like me with no worries it is Berthed at " Cromarty "
Good Night All got to be up at 7.00 a.m. for the early bird swim with my fellow pensioners.
Makes Radio Shetlands Broadcast at 7.00 a.m. this morning a load of Toffee !!!
Good Night All
Hello Biff, " may the best man win " i know who that was aimed at !!!
Yesterday and todays activity by the FPSO smells strongly like Heath and Safety Procedures i.e. hook up/unhook no doubt fire drills,lifeboat drills,man/woman overboard drills, HSE Procedures now are so strict and time consuming .
The last Health and Safety Procedure the FPSO will have to pass is the safe use of the Heli-Pad for Emergency purposes such as the evacuation of ship personnel if they are very ill, Safe Crew Change Overs etc , as sources on this BB say Helicopter booked for this Monday cannot see an RNS till Tuesday but hope i am wrong ( usually am ). And finally things must be going smoothly with the FPSO or it would of headed for Port last night, like it has the past two months when there has been doubts.
Its all up to the Good Doctor to " DELIVER NOW " as we all wait patiently as we have done for the last Four and a Half Years, the Mountains been climbed just the Flag Pole to go on now. But as ever DYOR.
GLA LTHs
Reference Sandy Shaw, HUR will have her " like a puppet on a string " Bum Bum ???
Hello MakinHay, Just had a look at Hargreaves and LETDOWN closing share price for HUR it is showing 38.12 sell and 57.90 buy.
Hello Happy To Learn, " Keep ye Chin up " , we are all with you on two fronts !!!
Right off for a Lunch Time Swim, its the only time i am not sitting on me Hands ???
Nice big buys after hours, would add more meat to the bone !!!
Hi Escargot, Like the Old Cowboy and Red Indian Films, the MESSENGER always ends up with the Arrows in his Back.
Surely if you was going to de-risk before FOIL, investors would of sold when it hit 60p and the high fifties not wait till the mid forties ??? my own view is general market doom all round, shorting etc, prospects here are still encouraging, its not as if the main core hedgies, institutions are throwing the towels in.
As long as we are in the Red Sea and not the Dead Sea ??? Onwards and Upwards
Right where are me Swimming Trunks/Goggles/Towel am off for a lunchtime dip.
GLA
I offer the opinion that the share price drop was purely for the US roadshow to attract United States Based Investors, they would be more willing to buy at 45p rather than 60p hence the drop.
Another reason for drop, US Roadshow the Yanks get more for there Buck ???? CA must have his Snout in the Trough together with all the other rogues. When it hit 60p recently should of been automatically 40p to sell so locking them in. Big Spread is what CA have on his Stock ???
Would not like to be out of this over the weekend ???
On BBC2 Sunday Night there was a programme called Engineering Giants, i only caught the last 15 minutes, it was about oil rigs in the North Sea as i have no oil background i found it very interesting, it told you about seperators and xmas trees etc, it showed the rig control room ( they had been pumping oil for over 20 years think it was Nelson Alpha ) the operator interestingly said at present it was extracting 80% water but still producing 15K barrels of oil per day. This trained my thoughts to our Resident Water Refuter who has been in HUR since the Baby left the Womb, and has always been our first line of defence on water issues, and whose knowledge of water issues is based on solid research and not flippancy, this would be more ammunition for him when water issues raise their ugly heads again in the future, rather than give the posters name his pseudonym name ends in a number which is the median between a £10 note and a £20 note ????? the Rig Operator also said the water is treated and chucked back into the Sea.
Right talking of water issues its time for me Lunch Time Swim, the life guards call me the " Man from Atlantis " i think they are taking the oracle though !!!!!
Hello HappyToLearn, Your news has saddened me, but you must have some guts to post that dreadful news,that same resolve will pull you through,you have already started to " win your battle with your revelation " and long may it continue.
Fingers Crossed and " The Best Of Luck " Buddy .