Hurricane Energy Share Discussion Threads

[hopeful holder] 31/1/2019 14:58

I believe he (RB) now has a value limit of what is allowed in the portfolio. In which case, share price goes up he has to sell so not to go above his value for % holding.So RB is doing his job but not helpful to us smaller holders.

[damac] 31/1/2019 14:50

bountyhunter

Its the same site, its Marine Traffic.

The chart is displayed halfway down the page on the following link (on a PC, don't know how it displays on a phone or tablet). If you place your cursor on any part of the timeline it opens up a dialogue box containing the data at that point.

[buzzzzzzzz] 31/1/2019 14:49

TG

What about the swell??

[fireplace22] 31/1/2019 14:47

TG, Totally agree it's a different world now.

[bountyhunter] 31/1/2019 14:45

damac -ok we were both correctly reporting what we saw on different sites and agree that it is now at 9m; and it does make sense that they are now allowing for the extra weight of the buoy attachment when hooked up so worth keeping an eye on. Do you have a link to the chart above as may be a better source of info than MT? What we don't want to see of course is the draught increase to > 10m then ping back to 9m! ;-)

[buzzzzzzzz] 31/1/2019 14:44

TG

It's a balancing act that unfortunately we have to live with.

To infinity and beyond.

[damac] 31/1/2019 14:42

Bountyhunter,

Yeah I see that mate.

Though this is what is currently showing on the Vessel Timeline chart...

[bocase] 31/1/2019 14:39

Interesting jet stream chart.

As long as it remains to the south of the UK, the longer Lancaster field will be in an area of slack pressure and light winds.

[bountyhunter] 31/1/2019 14:34

damac31 Jan '19 - 14:11 - 39756 of 39770
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The AM sailed to Lancaster on 10m draught. On arrival last night at 20:23 she reduced draught to 9m and has remained at 9m right up to the last received data at 07:02 this morning.

To me, the 10m draught when sailing was the optimal level for the sea state. They obviously consider the 9m draught to be optimal for hook up.

____________________________________________________________________________________

damac - see this post where I cut and paste the figures from MarineTraffic at 06:42 this morning....



The draught was clearly reported at 06:42 as still at 10.2m, although I can see that it is now reported as 9m at a later time

[the guardian] 31/1/2019 14:34

Buzz, yes I understand that and it is a very valid point.

[bountyhunter] 31/1/2019 14:31

Well it was when I looked earlier but maybe it shows different figures depending on when you look.

[chessman2] 31/1/2019 14:31

I do not see RB selling after hook up but we will see. What a clever guy he is buying into HUR and supporting them during the past four or so years!

Not long to wait now.

[damac] 31/1/2019 14:29

bountyhunter 31 Jan '19 - 14:27 - 39763 of 39764

No that is not correct damac, the draught was still 10.2m at 7:02 this morning.


According to that chart it wasn't.

[damac] 31/1/2019 14:28

Steve73

All that you state there makes perfect sense, the only unknown is what the Captain/Crew consider to be the optimal draught level for starting the procedure. Is it 9m? As posted by bountyhunter above, the draught level at last attempt at hook up was 9m.

[bountyhunter] 31/1/2019 14:27

No that is not correct damac, the draught was still 10.2m at 7:02 this morning.

[buzzzzzzzz] 31/1/2019 14:25

TG

As the price goes up he will have to sell because the value of HUR shares will exceed what the fund rules allow him to hold.

[steve73] 31/1/2019 14:22

It's my understanding that the vessel should be low in the water as it winches the buoy into the turret which is flooded at this stage - this reduces the load on the winch mechanism, rather than actually lifting it out of the water. Once the latches are engaged, the vessel is de-ballasted to drain the turret, and allow the riser connections to be completed dry.
....At least this is what Peregrino did in the video posted a few weeks ago.

Also, I'm pretty sure the draft reading is manually changed. If you watch other FSPO's that are in production, and the shuttle tankers offloading them, the draft only get re-set on completion... there is no gradual draft changes that you might expect if it was continually "live".

[the guardian] 31/1/2019 14:21

greying surfer and fireplace, I have not said that Bernstein is doing anything underhand.

However, fireplace says "the best policy is to follow them rather than decry them."

I am not a trader and what I can foresee is RB possibly selling immediately after the hook up but definitely after FOIL. He will therefore have a great impact on how high the price goes because once he decides to sell, people like fireplace, by his own admission, will follow and the price will then fall until the traders and shorters decide that they are ready to buy back at a lower price.

I do not need to argue about this because it won't be long before it happens and everyone will be able to see for themselves.

Everyone sees the world differently and I respect that but my argument still stands.

Gary, I fully understand your frustration but although I see what CA is doing, I usually try to keep it to myself. I think that everyone is now aware of CA's methodology and while some people are quite happy and others are not, most find your comments very repetitive. Although you have every right to say what you feel, you would have a much easier time if you gave it a rest for a while.

[damac] 31/1/2019 14:14

bountyhunter 31 Jan '19 - 14:01 - 39752 of 39756

Yes that would make sense bocase, but the draught was 10.2m yesterday by the way and also when last reported this morning at least on marinetraffic. Where did the 9m come from today? I know it was 9m at the time of the last hookup attempt.



The AM has been at 9m draught since 20:23 last night. Check the 'Vessel Timeline' chart on this link for the confirmation.....

[laserdisc] 31/1/2019 14:14

Damac I can agree they started the hook up procedure, but I would go for daylight hours,infact soon after ais went down, interesting supply vessel now departing would they have to now re position marker buoys

[buzzzzzzzz] 31/1/2019 14:12

macaroony31 Jan '19 - 12:17 - 39719 of 39752
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Followed this Bb since September and subsequently invested in October. So many SMEs with great information, challenges and observations of which I’m very grateful for. It’s been valuable to me. What I can’t stand is the moronic, ego centric fk wits on this board that cleek together to bully and put ppl down, namely Gary. If you feel that sht about yourself then sort your life out as opposed to behaving like adolescents who can’t control your emotions. Lot of you could learn from Gary’s posts how to show some humility
........................................................................................................................................................................

If you have been following this board you will be aware of the tripe Gary spews out, particularly charting of which he knows next to nothing.

I will not let his idiotic posts go unchallenged, it's called free speech.

He has filtered most of the very knowledgeable posters on this board who also have pointed out his stupidity and he lacks humility and most importantly a sense of humour.

You don't sound much fun either.

As for Crystal Amber they have been a great friend of HUR in the past and that is why they have so many shares to unwind.

As the value of HUR goes up they have to balance their portfolio by selling HUR as they are not allowed to hold more than a certain percentage of their portfolio in one share.

Gary and The Guardian should perhaps focus their anger on Stobie and Steiffel who presided over the fund raising that bombed and guess who helped them out? YES Trader RB but Gary can't see that because he is obsessed!!

[damac] 31/1/2019 14:11

The AM sailed to Lancaster on 10m draught. On arrival last night at 20:23 she reduced draught to 9m and has remained at 9m right up to the last received data at 07:02 this morning.

To me, the 10m draught when sailing was the optimal level for the sea state. They obviously consider the 9m draught to be optimal for hook up.

The question there is would you reduce draught to what is considered the optimal level for hook up and then just sit there doing nothing until you decide to try and hook up? Or would you reduce draught to 9m just prior to commencing the hook up procedure?

My gut tells me that they started the hook up procedure on reducing to 9m draught and given that was 20 hours ago, hook up may well already be completed.

[laserdisc] 31/1/2019 14:06

GRAMPIAN ON camera now not a clear picture today sunlight, will arrive AM mid day tomorrow