Member Info for shedful

Swann is probably ducking the issue as like the others he probably cant be arrised doing reaearch.

He will never make a living as an after dinner speaker

Have the BOD actually stated that negotiations with the previously interested companies has re-started and is

Macquarie still working for BPC or has their contract been terminated or came to a close as the cash burn would be quite high.

I suppose his CoS is around 30 percent for his blog then According to Fraser Well Managent docs it’s the 72 , which is presently positioned somewhere in the North Sea But as we all know names change before a project starts

You both might want to look further North to Bonnie Dundee for Ensco, its the 121 berthed in the River Tay or the 72 which is at sea with Petrofrac

Amnesia posted this link on UPL , I trust he doesn’t mind me posting it here on RBD Link from amnesia vessels heading to Wick https://mobile.twitter.com/_amnesic/status/1038430516658274304

At the end of the day I suppose the main things that RBD comes down to and assuming all goes to their plan regarding oil production & reserves V Ultimate sale is the get out sale price. Therefore talking money how much is enough before S&S cash in at what SP value I wonder if they have their own figure in mind

Sorry wrong company but I am Looking forward to Wick drill in both UPL & RBD

I suppose the main things that RBD comes down to and assuming all goes to their plan regarding oil production & reserves V Ultimate sale Therefore talking money how much is enough before S&S cash in at what SP value I wonder if they have their own figure in mind

Boy, now I don't mind milking Hurricane Energy to death but its time all those 1/2 dozen or so people who are causing a nuisance with their trivia just take time out.

If they are interested - they can along with the 'silent majority' participate in discussing Hurricane Energy and other companies that people can invest-in and maybe make honest money.

Thanking ye all kindly.

Hi Genghis

Of course there will be commissions & other costs as per the BP Marketing division, etc, but its still higher 'cash flow before these expenses are taken off.

If HUR receive the high $60's pbo then im a happy chappy.

I also still believe the HUR fields are bigger than Clair,

cheers

Looking at the CA RNS , where it says

'Additionally, at an oil price of US$60 per barrel, the EPS is expected to generate over US$200 million in operating cash flow per annum.'

With Brent oil trading around the $76.5 mark per barrel that is quite a huge increase in cash flow from the EPS (no doubt the AM owners etc may get a bonus if oil price exceeds xx amount)

Looking forward to the oil production and sale of this company.

Successful drill on Wick should add an additional 1.5p to 2.0p to the SP, is that correct.

https://www.investegate.co.uk/crystal-amber-fund-limited/prn/final-results/20180907070000P3D13/

An extract from CA RNS (open the link for full reading of the RNS)

Hurricane
Hurricane is an oil exploration company targeting naturally fractured basement reservoirs in the West of Shetland. It controls 2.6 billion Barrels of Oil Equivalent (“BOE”) certified resources and reserves. The Fund’s previous annual reports include additional background information on this investment.
This was an eventful year for Hurricane. In July 2017, it completed the largest ever oil fundraising on AIM. It raised US$530 million to fully fund an Early Production System (“EPS”) on its Lancaster field. The EPS’s production rates will contribute to a better understanding of the asset. The data generated over the first six months of production will help model the economics of a full field development and inform farm-out discussions with potential partners. Additionally, at an oil price of US$60 per barrel, the EPS is expected to generate over US$200 million in operating cash flow per annum.

CA RNS link

https://www.investegate.co.uk/crystal-amber-fund-limited/prn/final-results/20180907070000P3D13/

Had a look at the RNS The money is going to new developments here’s hoping it’s a corker of an oil field(s)

Hi Guys Been busy today what’s happened have we had a placing Cheers

That would be excellent if you see the rig moving out from Dundee (doon the Stannergate) :-)

Rig will be available for Wick this month and Is it the Ensco rig based in Dundee or the Ensco 72 as per the Fraser Well management papers and which currently working for Petrofrac Either of them will do

AD

The 250p is my bet its was based on a lot of scientific probabilities and in-depth analysis etc , but I don't want to get into that ATMIT, so the easy answer was that was the cost of my last beer

ie everything was £2.50p
£2.50P for GWA & £2.50p for GLA thats adouble in the near future