Hurricane Energy Live Discussion

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Albi1 17:14

Share Price first oil Frustrating but not suprising - their job is to make money and they’re certainly doing that! Not long before volatility settles.

Happy_To_Learn 17:09

Share Price first oil Hi carliol, Yes, they never miss an opportunity. Very frustrating. All the best. HTL

carliol 17:06

Share Price first oil Hi H t L, Today’s share price movement is typical of the AIM casino. The fall has been greatly overdone. All that’s happened is that the hook up has been delayed until another weather window opportunity arises. All that’s happened is that first oil has been put back by a few days or a few weeks. This is when the wheelers and dealers take the chance of making a few quid at the expense of long term holders. Carliol

Alibi_8 17:01

Share Price first oil I had decided not to buy any more, but the drop today based on a fairly trivial problem persuaded me to put another 10,000 shares in the pot courtesy of my Faroe profits. That’s definitely my lot.

Happy_To_Learn 16:51

Share Price first oil Hi Everyone, I have to say, gains on this sp over the years have been hard won. However, drops have been very easily achieved, with little or no reason required. Yet another liberty today. Is this ever going to change? All the best. HTL

Albi1 16:41

Rotterdam to FOIL - PART II Hi Floss No clue about Shield but hey, Malcy talks about Hurricane at 23mins in - he doesn’t mention giant squids but does say No damage to the equipment - all good, just tricky with the swell/movement this time o’year over and FLout:}

Flossoffa 16:03

Rotterdam to FOIL - PART II Albi1: Founder of Shield Therapeutics (STX) talks about the commercial progress of their lead product Feraccru® Unfortunately, Ferracru has done nothing for Malcy’s voice Flox

Albi1 14:09

Rotterdam to FOIL - PART II Interview with Malcy - 23 minutes in for Hurricane. (note the usual disclaimer - this is not investment advice - applies) Vox Markets Carl Sterritt, Chief Executive Officer and Founder of Shield Therapeutics plus... On today's podcast: Carl Sterritt, Chief Executive Officer and Founder of Shield Therapeutics (STX) talks about the commercial progress of their lead product Feraccru®. Also Malcy talks about the following stocks: Infrastrata (INFA) Trinity...

Albi1 13:31

Rotterdam to FOIL - PART II Just noted that the RNS answered another question some had - “A further announcement will be issued once hook-up has been successfully completed.”

Albi1 11:58

Rotterdam to FOIL - PART II Hi HtL, Yes, feel for them having to RNS - ‘the rope broke’ - as doesn’t really convey what they’re dealing with out there. Rather them than me. May Brent continue it’s climb and a long WW open up and the rope not get stuck!

Happy_To_Learn 11:55

Rotterdam to FOIL - PART II Hi Albi1, From memory, watching the FPSO/Hook-up video, I believe they had a bit of a problem initially with the wire rope catching on the winch, so it does not seem to be a unknown problem with this operation. Unfortunately, because of the time of year, location and length of WW times available, it is causing longer delays than would be expected for this type of hold-up. Hopefully it should not be too long now before the exercise is completed. All the best. HTL

Albi1 11:34

Rotterdam to FOIL - PART II Just read the RNS in my inbox. Par for the course, nothing serious. This is obviously not an optimal time of year for hookup in the North Atlantic Ocean, wishing the crew well on the next attempt.

bobsson 10:00

Rotterdam to FOIL - PART II I am pleased and grateful that Hurricane have issued an explanatory RNS as to why the hook up operation failed over the weekend. So we wait patiently for the next weather window opportunity and hope for a smooth operation. The problem was a minor one and could have been a lot, lot worse.

ash6666 09:35

Rotterdam to FOIL - PART II I was just going to suggest an air over oil accumulator. And if you believe that…

Flossoffa 09:17

Rotterdam to FOIL - PART II Flossoffa: We can imagine what these problems might be It is also possible to imagine solutions: The relative movement of ship and bouy can be accommodated if there is sufficient compliance in the system e.g. if you were using nylon rope, there would be sufficient stretch to ensure that there was always enough load to prevent crossbinding, but nylon is nothing like strong enough and wire rope is insufficiently stretchy at the short lengths involved when the bouy is almost home…what to do? The answer is hydraulics with an air over oil accumulator (or similar). The existing system can still be used but hung from a short fat hydraulic cylinder connected to the accumulator `spring’. This will then exert a relatively constant load despite the relative movement of the ship and bouy. However, a practical system would still only accommodate modest relative movement and as the system would take some time to build, test and install, it is probably simpler to simply wait until swell Flossipates.

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