Member Info for PlantedBHA

Previously doing 12k on 6 with 15% watercut when two wells on

Now 15k on 6 with 18% as they are sucking harder on it and get increased water if they suck harder.

Yes or no ngms?

Ngms,

Daily production before shutdown was 15k with 18% cut, yes or no.

Prior to the recent scheduled shutdown, field production of c.15,000 bopd was from the 205/21a-6 well alone on natural flow

Utter nonsense

The 205/21a-7z well began to produce water shortly after field start up, and the water cut has increased steadily, with water cuts most recently varying between 55-65%. The 205/21a-6 well began to produce water in October 2019, with a water cut (prior to the recent scheduled FPSO maintenance) of 18% associated with a production rate of c.15,000 bopd.

So 15k production currently not the 12k you seem
To suggest!

They actually didn’t say they were conserving cash to pay it, that’s incorrect
They said they’re mantra at the last AGM was to conserve cash. That’s different from what your saying.
The co like others is going through the toughest time oil h as seen just about. They are strong and in a strong position
No way 5 p a share

Yes Ken its revenue
But 500000 bbls at $13 is 6.5 million
12 months in every year I think so Minimum 78 million profit being conservative as most of this quarter it’s been 45 bucks
70 million free cash as of April ( quoted in AGM)
Estimated 98 million year end at that date at $30 bucks ( quoted in AGM)
But 45 million more every 10 bucks hike ( quoted in AGM )
Plus money saved on P and A of 30 million

So adding it all up say 165 million bucks free cash

Or

£126 million free cash with Mcap of 100 million

Not a chance in h@ll this is staying at this price without Serious manipulation

I concur

Right on queue.

It’s still 17 k bbls a day and $20 million a month from Behemoth Lancaster

Funny how I don’t get any replies to this

Is 17000 bbls a day and $20 million a month a strategy ?

At this level

They know where this is going tomorrow

Watching the sp going north

At this level someone is having a laugh

Try the mid teens and you might be closer to true value

The way this has been manufactured slowly to this level

Trying to get people out!

Must be good tomorrow

A behemoth field Lancaster
B $20 million a month revenues
S free cash of £120 million at end of year

5p a share ... really

Crude and cash is king ; hurricane has it all

Oh and 17000 bbls a day production

KGR

It’s ok , I’m in a massive truck with a massive load of hurricane shares

Not much shifting my rig

I did say some.....

I concur with your sentiments

You want some shares get the price to 14p

Otherwise I hold

Truck load of Lancaster shares parked

Red hot chillies in a mussel broth

Looks like the pot is beginning to bubble

Me and my truck loaded with hurricane shares, likes the noise on the board today.

Lancaster pumping 17 000+ barrels of crude a day

Generating $20 million a month in revenue

Year end free cash according to my forecasts will be £120 million.

So let me figure this

At 5p a share and £100 million Mcap

That gives no value to years of production from BEHEMOTH Lancaster

No value to acreage

No value to kit bought for tie back

No value to wells sunk already

field determination on Lincoln - done

OGA is going to sanction tie back.

UK inc is in trouble - they need every barrel of oil out of the ground so they can tax it.

Big TONY now taking over from behemoth TRICE

To DR ROBERT TRICE, I say; your a legend sir. It was a privilege to watch you work. Enjoy your planes

Think my axle is going to give way tomorrow when this goes north.

Oil industry - barrels / day . cash

Ultimately cash is king

Oh and being eco friendly? Lol

My estimated financials for hurricane year end look mighty healthy.

Figures below of 150-160 million are US$

So £ 115-123 million free cash at year end - more than Mcap

If Lincoln can be tied back and no P and A is required, that’s huge. Just waiting on the OGA I guess.