Member Info for NGR1616

Dive centre “ This is a high-risk investment and you have to be an idiot not to realize it.”

How much money have you made with this investment so far? Ok none of my business but i think you’re probably down quite significantly.

So, are you calling me an idiot?

You are not sitting pretty. You are actually sitting on a dead duck. A single well, a single ESP, increasing water cut, declining BHP and company issued warnings about reaching bubble point early next year and a likely resulting 10 fold increase in the Gas Oil Ratio. An FPSO contract due to expire. Major shareholder potentially being wound up. No appetite for investment in carbon commodities. If it looks like a duck, walk like a duck and sounds like a dead duck then it's a dead duck.

It's the exact opposite of sitting pretty. It's an ugly cow.

Is that why you are always calling dissenters names? You think it's ok? The reality is it's purile.

chicken

When this does go tits up, I'm going to find it very difficult not to say "told you so!" Ignore the realities of the single well, single ESP, increasing water cut, declining BHP and the company issued warnings about reaching bubble point and a likely 10 fold increase in the Gas Oil Ratio if you please! If you don't believe me then read the IC article but of course they are just bitter trolls too.

Senseless, weren't you supposed to be taking me on by now? Oh I know its the name calling you dish out you don't like in return isn't it! Senseman, come on big fella.......

NGR1616 - Never

A. Because they are not mugs. Also because they will be awarded shares so why bother?

Senseless, that's a really well constructed argument you are putting over. Why not write some more emails and see if that alters the geology!

No I'm not a 'balls deep'; unable to realise this is a piece of s*** investment. investor, -like you and many others.

Riproar. Boo. Hoo.

would you rather get advice from someone invested or someone with nothing to lose? Don't answer that, its a rhetorical question. There are people posing here who lost £350,000 GBP's. I once had that amount invested but didn't;t lose it all. Why? I listened finally to other voices, specifically DSPP on LF. And it was a bitter pill. I sold at 14.5p and got off without damage. There were people then speaking as many still do and they were all wrong then before 7z watered out and 6 declined.

If this was once 62p and I held 100,000 shares do you really think I care if the share price rose from 0.7p to 7p? No because it's still down by £55k. This is only a good investment to penny share buyers at 0.7p. ZERO POINT SEVEN PENCE.

CA is about to be wound up.

The reservoir is depleting and watering out. If oil hadn't rallied this would still be at 1p.

Good night. And god bless.

what is it ripraor that qualifies you to say anything?

"bla bla bla". Do you do any research? I am a completions/interventions and decommissioning subject matter expert. I'm accredited as such with support from my peers. I've spoken to audiences of 1000 people about the market and specifically interventions, P&A and MER alongside CEO's of many companies. I speak to MD's. asset managers and MD's, PT's, RE's on a daily basis. I have degrees and SPE papers in my name. I am a member of OGUK/OGA/OWI/DecomNS and SPE to name a few and a previous investor in Hurricane before my understanding of what was happening changed I understand the geological challenges. It dawned on me that this is not what people thought it was but is instead a dead duck. Now. What's your story?

The company itself acknowledges the reservoir is depleting. What part of this regurgitation of reality don't you believe? You are (all 13 to date who tickets this ludicrous post up) in absolute denial. At least from the current stance of one well. That does not mean other moves may be possible but seriously, to suggest a companies performance is directly linked to some random guys posts one bulletin board is not the basis of an investment decision. Please before you all lose sh*tloads of money be careful, or at least, don't invest more than you can afford to lose.

its been delayed along with the results.

It is a good question. Looking at the geology it seems to me that 6 is drilled above 7z and both are in the upper reservoir sections. Dr T drilled a few wells and zero'd in on the sweet spots. A new drill would need to be outside of the reach of 6 and 7z and I'm not sure what the viability of the reservoir is beyond these two wells.

"“This is something everyone should keep in mind - HUR are totally exposed to a single well, a single pump, a single FPSO”"
You forgot to mention the single pump is pumping $25 million per pump and oil prices look like they are staying high for the foreseeable future and the money for the bonds almost here. There is something not right about all this."

You seem to not realise that instead of having a metaphorical swimming pool full of the black stuff, HUR is now down to the bottom inch of the bath and unless they drill a new well the bath is only going to continue to empty.

Correct me if I'm wrong, but hasn't one half of the dual redundant semi-submersible pump on the 6 well already failed, and did so early on?

Fatsam82 -out of interest, does your moniker have anything to do with the best nightclub ever?

I give up. Good luck to each and everyone of you.