The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
He should have something to say ...
Comments in December RNS
Antony Maris, Chief Executive Officer of Hurricane, commented:
"Options to enhance both Lancaster field performance and recovery have progressed considerably in recent months, utilising the revised geological model of the Lancaster field and a rebuilt simulation model incorporating additional reservoir data gathered since September 2020.
Today RNS
...
Does he still work for hurricane?
7z well now contributing to the total ...
Nice time to pump more with Brent testing new highs ...
Going by average oil price during the last 5 and first 5 days of March April; as stated by the chaffe ...
So, I’m guessing add another $11 million profit to the 127 already in the kitty .. after this load is pumped ... 138 million total post lifting ..
Looking more and more like the bond won’t be a problem ...
6 well just keeps on giving ... 1 km horizontal with 7 big cracks keeping the juice flowing ..
By Jan 22’ we should have enough cash to pay the bond ...
Oil by that time projected to be around $70
No problem renewing loan then ... me and my truck happy
And if 7z can say on and help increase production all the better ..
Interesting they didn’t say what the production rate was with both on ..or how long their test was ...
Still cloak and dagger stuff going on from board and management which is a pity they feel they have to operate in this manner ..
In cash... near enough for me.
Brent due to rise $70 ish later in year..
More cash coming.. production being managed ...
At 2.7p this company is a steal ...
Just turned a corner in mi truck, I think hurricane have just turned a corner also...
Bond holders can play all the chicken games they like but cash generation and production are great here from a minnow oily...
Onwards and upwards I say...,
The 6 well is a beast ...
$67
They ain’t done anything to further their so called
Activist investor profile.
Put up or shut up .. ...
Taking the p.$$...
No drilling cause it’s too difficult ... they’re not oilfield .. sooner they’re toast the better for all concerned ...
CA ... me and my truck are with you....
But all is probably not as it seems ....
Me and my truck should know ....
Toe in sands ... like Clair ...
Hey fromage..
Your aboot $50 million short with your cash in bank ..
but who’s counting ...
Hey Wolfie,
Time you strapped all that loot to your torso and took off to Switzerland then.... ?
Booooommmmm ...
$67
Pump before US open then dump .. textbook ..
Big oil change and a few filters done the trick
Now revving like normal...
Crude at 66 ... clickty click ...
Per lifting with crude at $66
Is it though ...
How else did he get 180 million in the first place....
How did he get spirit to back his drilling campaign for 50%...
How else did the taxi driver become a millionaire ...off the back of South African involvement ...
When you see an onion and it smells and tastes like an onion ... it’s probably an onion ...
11,000 bbls a day production
Bond holders get the one finger ...,
At $66 a barrel , plenty of money being generated to pay the bond a year in the future ...
In the city at a high level as I understand ...
£60 million is peanuts ..
Offer...
After all, Robert knows what’s really there... in Lancaster ...
If CA have managed to swallow enough shares and news of drilling breaks
They’ll make the £60 million is going to take to drill sidetrack on share movements alone ...