Member Info for PlantedBHA

Antony Maris

Richard chaffe

Steven McTiernan

Dr David Jenkins

John van der Welle

Sandy Shaw

Beverley Smith

Don’t let them anywhere near an oilfield ever again ..

Before the rns ...after opening ? Hence the delay ..

By management and the board of directors

16 months before the bonds were due..

Time to name and shame them all...

Hang your heads in shame ...

A double
I’ve always said I didn’t think water injector was a good idea.. and I’m saying it again.
Infact, anyone who sanctions that with fractures down there is off their head .. you don’t know where the injection goes...
what have you said ?

6 well still pumping decent dayrates. Next tanker due soon ..

World glut of crude almost gone...

Opec increasing production ...

Works demand increasing ...

All bodes well for Brent going sharply higher and hurricanes earnings increasing ...in the near future

Like the water injector has been kicked to touch... which I agree with as I don’t see that working ..

Production below bubble point sanctioned by the OGA prolongs the life of production along with formation of a gas cap and the drilling of the highly complex sidetrack of 7z..adding support to the longer term goal.

Means less money spent whilst maximising take home ...

I’m guessing they could do any maintenance on the FPSO during the period of shutdown while they connect to 7z?
Wouldn’t take long though ...
By that time should have enough coffers in the bank to pay the bond and a deal in place to go drilling.. so no issue really...

And the production drop off, well intervention and then flowing both wells again might have something to do with the fact that the dynamics of water cut and production may be changing....and they’re having a look see what’s happening below well 6

I think any sidetrack will need to be sanctioned well in advance re rig and kit...
If Brent ends up at $80 then all service contributors to any sidetrack will increase their prices with the increase in Brent.
It’s the way oilfield works ..

Sidetrack would be called 7y...

Given the graphs in the CPR of 7z well producing 60% water and 30% oil in late 2020, why would you put out an RNS saying your testing both wells again given the 6 well is producing 11600 bbls and stable water cut..

We need to be maximising take during higher oil prices not screwing around with the chemistry set ...

Management... you seem to be on the right track with this level of production according to all the graphs you’ve shown us... but when $80 comes.... get the Ffin taps open...

Comprehendie...

$80 would do...

And I believe that level is coming ...

Of day...

Their report is fourth months out of date with them
Quoting ...

Hurricane’s future operational plan for Well P6 is to maintain a liquids offtake rate of 16,000 bbl/d until the well is unable to support this level of production. ERCE has used this to limit forecasts of well production until the total offtake rate drops below this value.

Well, they didn’t have 16k a day at the time this was made up???

Beggars belief the incompetence here...

Slide 3-2 in CPR shows the water cut slowing or static at 11000 bbls / day... picture tells a thousand words ..

Slide 3-1 shows when 7z is flowed its producing 1/3 oil to 2/3 water... so why they even testing two wells together ??

Get pumping the 6 well ...

What rate ...

What was the outcome of flowing both wells together ...

Any information would be appreciated after all the shareholders pay your wages ...

Has Maris said anything apart from ...” thanks for listening to our story... we look forward to updating you....blah blah”?

Really beggars belief ...

He’s said nothing ... right ?

Being delayed also ....

About time CA kicked off whatever they are planning ...

At Lincoln could be because of production at Lancaster ...
said they were sending a boat over to check if it was production... heard nothing more about the boat and no update ... then today in the RNS/CPR says that pressure drop at Lincoln as of December 2020 was the same 20psi pressure drop ...as was stated previously ..
So... it was all BS peddled by management who don’t communicate with shareholders and keep giving snippets of hope with little clarification

Three directors to go in my book as I’ve said previously... the finance guy who is a joke must be taken out..
Louboutin Shiela who’s pulling the female vote and that’s all..has to go
And an other ...pick one... they’re all useless in my book.

Any one of them who sanctioned the “ the well is too difficult ... we need to plan for another year” RNS can go to.

Takeover coming in my view...
Tax writeoffs
Cashpile
Production and rising Brent price second half will save them ...

My bet is on harbour...

Nope try $140 million

22 lifting has been sold ...

Only 90 million to go then bond holders can do one ...
still 400 days to go ..,
Slift .. you really are a d@ck ..

Tanker alongside ...

Brent at $66

Can’t be bad for a minnow oily ...

$140 million in the bank approx