Hurricane Energy Share Discussion Threads

[steved] 25/2/2020 19:20

laserdisc thank you for all the ship watching feedback. Like you I believe and have great confidence in Dr T and have been here many years. I haven't sold a share during this rather depressing period of late and will be looking to add a few more here and there.

[mhin2] 25/2/2020 18:49

Volsung, thanks for your good wishes, am waiting to add more...I clearly have faith...good to see AM unloading to pa. Bear in mind my time horizon here is 5 years....coronavirus today, middle east turbulence tomorrow etc. etc.

[laserdisc] 25/2/2020 18:19

I looked at that last week not seen any change I think draft markers can give a realistic indication , really though if hur are saying 20,000 per day I go for around 18000 I just discount a bit and they have said if there are going to be corrections to day rate they will advise. I trust management and I trust management regards water cut they are the experts and they know how hard to run these wells, it all was explained in capital markets presentation 2017 they can adjust flow rates and its not end game if water appears in future, they have remedies if needed. I reckon Lancaster field development is going to be done in phases and the next drill just adds to this next phase, as we move forward volumes can be increased , Halifax could be connected, I am long term and just build a position over the years I was a buyer last week and today, only small amounts but all adds to the pot for the future

[bountyhunter] 25/2/2020 18:17

Obviously tethered but just wondering does the AM draught change at all laser? currently 9.4m

[laserdisc] 25/2/2020 18:12

roughly hrs moored less a couple of hrs for safety checks max pump output from AM 5200m3 per hour Then when vessel arrives port of offload reckon 16000 per hr offloading for petroatlantic . Then we have draft markers on the tankers expected increase after pumping out ballast tanks/ Petroatlantic tanker did the Kracken offload some records on that board of output per day from kracken and time intervals between pickups, presently I believe the AM to have a high level of stock on hand for offload ,could be other posts on various boards have an indication of tonnage expected

[arregius] 25/2/2020 17:51

How do you calculate the possible amount of oil lifted?

[m5] 25/2/2020 16:59

Thanks for the updates laser.

[laserdisc] 25/2/2020 16:58

port now showing arrival of petroatlantic at 16.53pm

[laserdisc] 25/2/2020 16:43

about to connect , waited a while , for Grampian sovereign to depart

[m5] 25/2/2020 16:09

Indeed tgg!!

[m5] 25/2/2020 16:05

I think that 800k trade is very interesting. That's a lot of money on a punt that its near the bottom.

[laptop15] 25/2/2020 16:04

Let's have a bloody blue close

[laserdisc] 25/2/2020 16:02

500 metres now away from connection roughly 2 vessel lengths

[laptop15] 25/2/2020 16:02

There is lots of interest at this level as its very very undervalued and it will rocket one of these days I'm convinced of it. I thought the 20s was mega cheap

[m5] 25/2/2020 16:00

That is a nice one, £120k purchase.

[laptop15] 25/2/2020 15:59

I think people my be kicking themselves for selling here over the next few weeks as I believe we are going to see a big rise and much better news than some believe on the run up to CMD

[laptop15] 25/2/2020 15:56

800k shares buy.....big buyer hoovering up cheap shares

[laserdisc] 25/2/2020 15:53

not connected yet as I see it around 850metres closer would do it, ais keeps going off ,think early morning Grampian sovereign was still being unloaded ,anyhow weather window from 3pm today improved so we got the best of the weather window from now

[bountyhunter] 25/2/2020 15:52

I've skipped a few posts by assume offload in progress or about to commence? Draught currently 9.2m

[laptop15] 25/2/2020 15:41

I wonder is the Buyer UK or Eurozone and the seller US as every afternoon nearly there is a sell off after a morning rise

[m5] 25/2/2020 15:38

Yea, look like a few retails are throwing the towel in, and maybe covering positions elsewhere.