Hurricane Energy Share Discussion Threads

[sh1984] 22/11/2016 15:57

Drill extended to 25th November

hxxps://www.energyvoice.com/oilandgas/north-sea/124674/hurricane-energy-awarded-licence-close-lancaster-oga/

[marvelman] 22/11/2016 14:43

Very well informed posters on this thread who I recognise over some years of trading....always a good sign your on the right stock at the right time.

[leeson31] 22/11/2016 14:36

i reckon they told K and CA about how deep it was.... :-)

[cashandcard] 22/11/2016 14:17

Casapinos,Blimey! Once the true extent of Lancaster (or should I say Greater Lancaster) is known, I think we'll all be amazed at the Oil-in-place numbers. What's really positive at this stage is we know from Dr Trice there are no pressure barriers in Lancaster and production profile is mega with that vast fracture network. 7z well produced 14,500bopd without struggling for pressure. Writting is pretty much on the wall.Curiously - what they did not tell us about is how deep 7z actually went. All they confirmed was minimum 'oil-down-to' of 1620m.It seems to me they are keeping this info private so they can snap-up licenses. We have Halifax now possibly others at a later stage. Who knows - they are pioneers in this play - they can literally capitalize on every bit of data that comes their way. Nice to have first mover advantage.Cash

[casapinos] 22/11/2016 13:32

cashandcard - for easy ref there are over 6 bill bbls in 1 cubic kilometre(do your own sums, best while siting down in case you faint!!)

[kirtonender9] 22/11/2016 13:18

Those on twitter I hv just tweeted the chart Buy signals on the #hur thread. @tads99

[leeson31] 22/11/2016 13:16

or maybe ftse250 co of the yr, due course :-)

[bountyhunter] 22/11/2016 13:00

SOU recently won an AIM company of the year award, maybe next year it could be HUR :)

[leeson31] 22/11/2016 12:37

any of you guys use twitter? check the #HUR hashtag, hur is getting a lot of attention in any standard, specially compared to 2 weeks ago.....

[leeson31] 22/11/2016 12:33

agree gibson....

which means, the influx of hot money is yet to come for imminent lincoln news :-)

i saw recently SOU Sound energy plc, had a long run from the teens to 102p, and i was lucky enough to ccatch from 55 to 95p on the initial leg up, have been out since waiting on te8 drilling due course, but, i believe HUR will have an equivalent run, and i see HUR's stage of a SOu run at about a 1/3rd at mo.... roll on a quid!

[bountyhunter] 22/11/2016 12:20

...don't know about others but Friday's RNS was the catalyst for me to get back in here (within half an hour of the RNS); no intention of getting out again short term!

[gibso6767] 22/11/2016 12:13

Today's volumes to me don't relate to current well risk/ reward potential
.
It's more than that whether Friday's RNS cas the catalyst or signal for a significant change ,

Out of Timeframe licence issued , II Managers saying please come back for more !!!

[kirtonender9] 22/11/2016 11:44

I hace a buy signal on my chart (10/20 variable moving average) + medium term buy signal (13/34 exponential moving average) last night on daily chart. Added to my holding just after the start of trading today.

[cashandcard] 22/11/2016 11:35

Folks,Lancaster to west tray transfer zone is 25-30km. Probably 2-3km width across the field. 1/3, possibly 2/3, of a kilometre for the column.Anyone have a stab at a rough size for the greater Lancaster closure?Cash

[zztop] 22/11/2016 11:32

Elephant has been mentioned elsewhere!

[zztop] 22/11/2016 11:31

Imo you don't get high volume before a drill result unless word is its a stormer?

[gibso6767] 22/11/2016 11:30

Dilution is a word often used the recent placing and OO was a dilution of sorts dues to the 34p offer price and lots of times it's sold down to accommodate the strike price .

Hur got £70,000,000 which they are using wisely and apart from some Bonds at a price strike no debt .
Today's volume is massive , confident that today will obliterate yesterday's and Friday's combined volume

[the guardian] 22/11/2016 11:26

Well done soggy, you've joined us at the right time. Hope you make a fortune, which you will if Halifax comes good.

[leeson31] 22/11/2016 11:25

kandyman: breakout is 42p, so imo, from hereon, buy the dips..........thats your most optimised bet i think...

[rayrac] 22/11/2016 11:23

I've been adding.

Hd. Re your post above... "and in the meantime Hurricane is probably going to be taken out and there will inevitably be dilution"

Where's the dilution coming from? If they get taken out, then that would be accretion?

[pounddreamer] 22/11/2016 11:20

If Lincoln and Halifax come in then £1 easy IMO.
50p is a minimum just on Lancaster - again IMO

[gibso6767] 22/11/2016 11:12

Must admit I'm expecting / hoping/wishing/wanting £1 by February