Hurricane Energy Share Discussion Threads

[gibso6767] 19/11/2016 13:37

Vertical well no issues 500ft a day plus perhaps

[laserdisc] 19/11/2016 13:24

Gibso re Lincoln Hur believes oil at 2,135m ref to present drilling how many metres a day would you estimate the rig could drill ? thanks

[bountyhunter] 19/11/2016 11:34

www.Proactiveinvestors.co.uk/companies/news/169200/hurricane-energy-reveals-plans-for-its-fourth-new-well-in-greater-lancaster-area-169200.html (need to paste this one into browser as advfn filters out a direct link)

[laserdisc] 19/11/2016 09:39

Weather good presently ,they will have a better perspective on the 25th as to how Lincoln is progressing they had a 15 day weather contingency built in for Lincoln I don't reckon any of that has been used so far , its going to be an interesting week

[talkman2] 18/11/2016 22:23

Very good post Terry . I totally agree with everything you say .

[terry hardacre] 18/11/2016 22:14

K - there will be far better people on here to ask for the details, and I'm on the hop tonight, but Lancaster due substantial upgrade from 200m barrels, underpinning the current share price on its own; Lincoln and Halifax drills a free punt (in my view), which, if successful, will establish Greater Lancaster Area as a massive discovery.Main 'risk' is Lincoln and Halifax are dusters, which would lead to some selling but wouldn't change the fact of the value in Lancaster. However company seems uncharacteristically bullish about prospect for success - which is very unusual for them to show their excitement, as notoriously cagey operators.This is no GKP scam - best management I've seen in any oiler; the top man is an oilman, a genuine field expert, not a greedy spiv.A quid seems achievable if things work out as the company is planning, maybe higher. If you're gonna take a risk, I can't think of a better place to do it, and I personally don't really see much downside, if any.Best of luck mate, I'm confident this'll pay for a few beers.

[leeson31] 18/11/2016 20:52

Ty bones! Think I can handle 23m warrants (2.35pc of issued stock) and the current seller huddlestone or whatever his name is. Cheers

[bones] 18/11/2016 20:27

Leeson31 18 Nov '16 - 15:47 - 12273 of 12283 1 0

lancaster - : tick.... (eps too next)
lincoln - : in process of tick
Halifax - : next tick
warwick - : next tick
whirlwhind
typhoon
strathmore

no warrants, no debt, plenty of cash, lots of newsflow, and CPR from Jan onwards sometime..


There are 23M warrants outstanding in the hands of CAF @ 20p each and if exercised, Kerogen can claim a load more at 20p to keep their interest at 29.9%.

Just saying like :)

[terry hardacre] 18/11/2016 20:11

Christmas has already arrived as far as I'm concerned! :0

[leeson31] 18/11/2016 19:02

Welcome BH :)

[bountyhunter] 18/11/2016 18:51

a bit of a delayed reaction to today's news at lunchtime gave me an opportunity to get back in just before the rise (after reading the RNS 3 times and deciding it couldn't be ignored!) :-)

[talkman2] 18/11/2016 18:16

I'm amazed that the National Press have not picked up on this unfolding story. This find and potential is of national , strategic energy importance to the UK.

[ltinvestor] 18/11/2016 17:45

The clue was in the renaming of the area The Greater Lancaster Area.Because of the importance of this field to the UK economy I am sure that Hurricane will receive unprecedented government support.LT

[rayrac] 18/11/2016 17:29

And all the way down to Lincoln? Why not? It's all part of the Rona ridge!

[davidblack] 18/11/2016 17:15

Halifax was a very nice plus to our acreage and who knows maybe there is oil all the way up the Rona Ridge to BP's Clair field?

This appears to be a very large play?

[laserdisc] 18/11/2016 16:15

Guardian this news still to be digested, week-end should get a period of reflection & some posts on here as to size it could be and most likely will be billions of barrels, I envisage a few parties involved as they take this to field development, its a patient ride here eventually market will wake up to embedded value, to give this licence out of the normal process of bids DECC have faith in what information has been submitted, it also has possibilities engagement has taken place & marriage is on the cards. I hope that previous farmout discussions will resume where they left off, hence will result in a shorter time span to bringing in partner etc, a lot of due diligence will have been done previously off course they may do this on their own and have backers, but I reckon the end game is a sell off / farmout of part as it just so large

[the guardian] 18/11/2016 16:04

Dr T doesn't hang about.

[leeson31] 18/11/2016 15:47

lancaster - : tick.... (eps too next)
lincoln - : in process of tick
Halifax - : next tick
warwick - : next tick
whirlwhind
typhoon
strathmore

no warrants, no debt, plenty of cash, lots of newsflow, and CPR from Jan onwards sometime..

bring 'em on! :-)

#intricewetrust :-)

[sandbag] 18/11/2016 15:42

Not to mention Lincoln.