Hurricane Energy Share Discussion Threads

[telbap] 10/4/2018 16:00

Brent is racing ahead, Dow flying..like to see 40p

[2kally] 10/4/2018 15:50

hxxps://oilprice.com/Energy/Energy-General/Saudi-Arabia-Secretly-Targeting-80-Oil.html

[steelwatch] 10/4/2018 13:51

SP Angel comment today:

• Hurricane (LON:HUR– 36p) – The Time has Come: Today’s results are less about the numbers, although the balance sheet remains healthy enough for a company at this stage of its development, and more about the forward plan and progress towards the delivery of first oil. In this respect, the Company is on track, and with more than sufficient cash resources to deliver first oil, if not a full field development plan, the piecemeal approach adopted by the Company, in which it produces oil from an interim system while it develops its understanding of the field and generates cash, is an excellent first step. The disadvantage, or benefit to this approach, is that your competitors can get an understanding of the field’s performance. If that understanding is ahead of the wider market, a bid could arbitrage the difference between the field’s value (as an entity held to maturity for cash), over the immediate “worth.” Still, this is a luxury problem to have. Either way, the Company’s owners should be pleased with the management’s performance to date and the direction the Company is moving in.

[value king] 10/4/2018 13:32

My holding suddenly feels like it is going somewhere :-}

[steve73] 10/4/2018 13:20

The thing I found most interesting in today's presentation(s) was that that the oil production rate appears to be limited by gas flaring. (I recall also that the flare tip is too high to pass under the Suez bridge and the top section will be fitted in R'dam. Cf. this Kraken & Catcher who transited Suez with no need for modification, but neither of these are designed for routine flaring. The additional height is necessary to take the heat further away.)

They have introduced some potential options to export the gas, and have quantified that this would allow them to produce to the limit of the wells, i.e. 50% more than the base case.

I noticed also, that the seismic is being reprocessed not only for the whole of Hurricane's acreage, but also including PMO's Solan field...and look how close Strathmore is to Solan. I know we've talked about a possible deal to use some of Solan's spare capacity, but this is the first time I've seen Solan actually shown on one of HUR's presentation maps.. so maybe progress on this front is being made.

[bones] 10/4/2018 11:27

Thanks Laserdisc. I blindly copied chessman's link, so my bad not checking :)

[cumnor] 10/4/2018 10:49

Who are Alliance-does any of you guys need to genuinely subscribe to an outfit that just rehashes news you can get at the same time?

[laserdisc] 10/4/2018 10:46

bones 28843 that link has not been updated, this is the NEW todays link showing current status and new pictures

[francis55] 10/4/2018 10:23

Alliance are headline grabbers everyone knows that. A rise in share price does note bode well for their editorial headlines.

[bones] 10/4/2018 09:45

Chessman, link activated:

[telbap] 10/4/2018 09:40

Is it not great that the wonderful peeps at ALLiance News put such a negative spin in their title........loss widens......blah blah......never a straight path is there..

[chessman2] 10/4/2018 09:36

What a fantastic presentation which can be seen here......hxxps://www.hurricaneenergy.com/~/media/Files/H/Hurricane-Energy/documents/presentations/Hurricane%20Corporate%20Presentation%20-%201Q%202018.pdf

There is much more to come. Sit back and enjoy!!

[telbap] 10/4/2018 09:06

Going to be fun and games today.....might even get to 39p....wooo!

[francis55] 10/4/2018 07:24

That's as good as it gets... great RNS and here's to a premium listing and first oil H1 next year. Brokers will be taking a new position on this today and will be reflective in the share price.

[extrader] 10/4/2018 05:32

Hi Shabba etc,

...a significant existing holding.

With barely 2 % in DeLaRue, that's journalistic licence...

ATB

[shabbadabbadoo2] 10/4/2018 01:51

its about de la rue

[chutes01] 09/4/2018 21:35

Solan news ?

[badday] 09/4/2018 18:21

Could be interesting
Tweet from CA

Crystal Amber Fund releasing its Quarterly Investment Commentary tomorrow morning. Some new holdings revealed as well as detailed comments on a significant existing holding.

[telbap] 09/4/2018 13:05

LT......if I am in the country then I will certainly be going.I wonder how far the share price and events will have progressed at that time......Exciting times ahead.

[ltinvestor] 09/4/2018 08:42

HD.Will you be attending this years Agm which should be held on or around June 6th?Have you researched Rbd?Interesting....with City support.

[hiddendepths] 09/4/2018 08:31

telbap - there's a big difference in quality between HUR and UKOG. Maybe that's reflected in the quality of posting?

There are plenty of better places for the trolls to make hay than a company rapidly heading for production and cashflow.

Didn't take long for the buying to kick off again this week!