Member Info for somm

I know we've had some flaring pics, but I had some doubts tbh if they were of WW flaring re a glow on the horizon is especially convincing, obviously I hope they were genuine.

We were told LC produced oil to surface on the 8th and we were told the flow results etc. on the 12th.

That's four days of testing (not sure how long preparing the DST took).

We're now on day 10 of testing of the WW well add the weekend and Monday will be the 13th day.

Compared to LC testing time frame what do resident oilers here think WRT what appears to be a prolonged test on WW compared to LC?

Could the test be taking longer because they're checking for LC-WW communication?

We've had no flaring pics, which is a bit unusual considering we had them for LC? Has flaring definitely been taking place?

Will Monday be lucky day 13 for successful flow?

People are up beat, because they're hoping WW will replace the WD disappointment and add 600+ million barrels of 2C, not to mention a possible WW/LC connectivity.

Well, that's why I'm feeling pretty optimistic brought on by the flaring...….

All stop!! 46.02p :- (

Thought I'd made a few K...……..oh well tomorrow then...…...

Could someone please confirm. Thanks

There she blows!

Haha

Sad I know......…….chuckle...…..50p break even average :- (

Downhole gauges have already been put in place on LC well and they'll do the same on WW to measure if connected too.

…..shut in what's the next news can we expect?

LC tied in March?
WW tied in until Q3 2020?
CPR Q1?

I think there will be a long silent period before we get any significant news after WW results have been released, news next year, and expect the share price to climb upward going into early December than drifting back as per. imo.

2020 year end could hopefully see us pumping 30K barrels of oil per day with LC and WW to boot?

I wasn't far off with my £4.39 calculations :- )

I noticed a couple of 100k sells and several other 000K sells. Amazed we're in the blue fora change.

Not long now.

Based on per 1 billion barrels of OIP with a RF of 15% today.

HUR are currently getting around $65 pboo gross - what do they get net, $25 pboo? The RF should increase with more appraisel wells, but for now it's 15%.

1BBOE * 15% = 150MMBOE * $25 = $3.75 billion * GBP0.78 = GBP 2,925 / 2 billion shares = GBP1.46 per share

3 billion barrels of OIP = GBP4.39 per share

Higher if RF higher and net $ per barrel higher.

What did Dr. Trice say he wanted for HUR GBP2.50?

Anyway we're looking at multiples from here.

....and on day 12 there was light and the flaring shone through the shareholders darkness ...

.......and on day 11 God said let there be flaring............

....since the last RNS said they would let us know when they start testing?

Hmm.......

That's quite a while considering they felt they had to release a RNS to stop speculation of an oil discovery........

Where's the flares?

YEAH, NO ONE CAN SAY ANYTHING ABOUT THAT BIG FICKING FLARE!

MONDAY WILL BE FLAREDAY HAHAHAHAHA………………

because we have more than 25mmbls Recoverable oil.

Because we have better porosity and flow rates.

Because Heron production etc. wil be signed off year end.

If we didn't have the above we would be threefold by now....

...….and another 40m, that 11+% in two Companies.

have they had to report their holdings, because of the name change - are they holding more/ less shares than before?

935mmbls - WD not commercial (yet).

So halve that to say 470mmbls OIP.

Halve that number for a 50% WI = 235mmbls OIP to HUR

RF 15% today (increasing with more appraisal wells) = approx. 35mmbls to HUR, which will take years to move to P1.

And that's if WW is commercial......…...…….just saying.