Member Info for PlantedBHA

I’ve stopped posting here ?

Why you posting then ?

Lol. Trust me, trice knows what a chain tong is.

As you say, the data presented by hurricane re Lancaster has been scrutinised by a plethora of qualified personnel.
The OGA among them.

So, my question is simple

Why has everything changed once they get the genius who initiated it all out of the way?

What do the new management see that hasn’t been available before, or is there something dodgy going on?
Robert Trice ain’t no mug, nor were his petrophysical sidekicks.
So, who’s peddling doubt and scaring shareholders to get out?

Share price has been forced down and then held at stupid levels.
Could it be that Kerogen and / or some of their allies are in on this together ?
All smacks of being very dodgy right now, but time will tell what the real story is.
As you say, they can’t get away from the cash generating behemoth that is the Lancaster field and will continue to be so for many years to come.

5p a share realistic - not a chance

One things for sure , lots of news is coming and so is the big boat for lift #16

Please tell me your joking ?

Small bananas.

The management has stated that their goal was to conserve cash and maximise production.

How does your postings fit in with that?

Since Robert Trice agreed to step aside

Where is our new CEO board of directors ?

We cannot continue with rudderless Shiela in charge

Board is keenly focused on the need to increase production, whilst also keeping capital expenditure focused and to a minimum. Principal among the near-term tasks of the Interim Chief Executive Officer will be to propose a revised forward activity programme in support of those objectives. The forward activity programme will be based on a prudent interpretation of field performance to date, including, for conservatism, the possibility of a shallower oil water contact. The Company will provide an update on the forward activity programme, including scope, objectives, costs and timing, once it is adopted by the Board.



Steven McTiernan, Chairman of Hurricane, commented:



"The Board commends Dr Trice's pioneering efforts to explore the viability of the unique basement oil play west of the Shetlands. His dedication over a period of 16 years has built Hurricane into a recognised UK operator today, culminating in the outstanding success of delivering first oil in May 2019.



"As we move into a phase where the focus is on enhancing production, I am very pleased that Beverley has taken on the role of Interim CEO where her extensive subsurface and development experience will be of huge benefit to the Company.



"In evaluating options for the forward work programme against an uncertain macroeconomic backdrop, we will prioritise early low-cost production with the capital discipline needed to achieve financial resilience."

Keepwell,

Thanks for your points but oil is a very efficient machine these days.
If there is downtime, management looks for opportunity to bury time that is on the critical path further along.
Maintenance is on the critical path and impacts revenue for all.
They will have looked to see what they could do during the inspection / fixing operations
This ofcourse would depend on whether they had enough fixers / maintenance crew onboard to do both jobs at the same time.
I agree, some maintenance they would not be able to do whilst they were doing their fixing job. Proximity, permit restrictions etc etc
Time will tell ..

The next tanker first week of September to pick up the next load of Lancaster crude to take to market for another 22 million

I’m also expecting the week long maintenance Schedule to be halved or even cancelled

Then technical review ....

Going up the A1 again in my truck to see Shiela in Aberdeen.

No RNS today so I’m taking a fair guess it’ll be Monday now.
Trading last thing should tell us what to expect.

Looking for announcement of 19k bbls a day out of the behemoth that is the Lancaster field ;with water reducing.

Looking for Shiela to step up to the plate with the next RNS and tell us all what is going on with hurricane and their rather tired share price

Come on shiela ;earn your money dear.

But the silence coming from hurricane faulty towers is alarming given the amount of money we as shareholders are paying them to look after our company.

Why have we not had a confirmed CEO yet?

Interim Shiela ain’t cutting it in my view so far.
We need a leader who wants to be heard, not a mouse?

Shares were shorted all the way down to 12p

Trice resigns down to 6 p ( traded in 0.4 range for ages)

Next RNS and dropped to 5 p ( traded in a 0.4 range)

Someone or somebody is controlling the price of the shares.

The next move will be controlled by them also.

Who is the controlling entity ?

Going to see if I can bump into Shiela again in hurricane faulty towers

Production expected up over 17k (19k)

Water dropping

Rig announcement coming for next year

Technical review not as bad as expected

OGA gives in on Lincoln 14 hook up

She really sneaks up on you in her Tesla especially with my big trucks engine going

Which is your installation of choice we may have met ?

Any chance we can pump some cement down there and plug back to acceptable depth to produce from ?
Just a thought ?

Any idea why we are at 5p then?

And not a cheap from the board confirming our permanent CEO.
Are we retaining the one who’s a bit light or are we getting a real one ?
Times up board start earning your money.

The 8 well is planned already

Your agenda is clear

But my truck is loaded and ain’t offloading anytime soon

Trust me when I say. I know how good the 6 well is.

So, if your saying that production is going to fall off a cliff in the next 5 months and management thought you were correct they wouldn’t have looked into using a rig they had on contract sitting idle for a few months.

BS