Hurricane Energy Share Discussion Threads

[control1] 07/11/2016 16:10

Should get roughly 1/3 of excess application....

[laserdisc] 07/11/2016 16:07

following scale back will also receive a proportion of the Open Offer Shares applied for under the Excess Application Facility.

so Excess Application Facility. being scaled back

[control1] 07/11/2016 16:06

Open offer nearly 3x oversubscribed, hope no one sold thinking they would get it all back...

[leeson31] 07/11/2016 16:05

" which is to commence shortly with the drilling of an exploration well on Lincoln." - not spudded yet then... so a nice bit of news to look fwd to...

good the placing all got away well....

onwards n upwards..

[leeson31] 07/11/2016 16:00

ty laserdisc.

[laserdisc] 07/11/2016 15:57

new post over on iii meeting finished 30mins ago all positive

[pcok] 07/11/2016 15:18

It will be interesting to see if the excess share facility was oversubscribed and by how much. We (share club) applied for an extra 25% of current holding so am expecting a scale back on the news.

[leeson31] 07/11/2016 15:12

230pm start.. am not there.. just keeping eye on twitter updates from hur comms and an rns..

[pcok] 07/11/2016 15:10

I presume the GM has started. Is anyone in attendance?

[ltinvestor] 07/11/2016 14:31

David black 7km LT

[leeson31] 07/11/2016 14:31

7km betwwen lancaster and lincoln.. thought to be analogous too..

[beginnersguide] 07/11/2016 14:28

Thanks, great to know its underway.
BG

[laserdisc] 07/11/2016 14:24

in the header just zoom in

[beginnersguide] 07/11/2016 14:23

Hi laserdisc can you post a link please.
BG

[davidblack] 07/11/2016 14:23

Ah so we are not far away from that announcement of drill commencement I take it.

Just how far apart are Lancaster and Lincoln?

[laserdisc] 07/11/2016 14:19

rig is moving off to Lincoln
Speed/Course: 1.2kn / 208° @13.56

[davidblack] 07/11/2016 14:18

Hi Laserdisc sorry I am not sure what you mean?

[laserdisc] 07/11/2016 14:07

Status: Underway

[laserdisc] 07/11/2016 14:05

36.37p paid for 200k

[laserdisc] 07/11/2016 13:58

looks like the 8 anchors lifted

[puffintickler] 07/11/2016 11:51

Agree re oil price. Oil is an international commodity so priced in a world market, it is just quoted in dollars so if the dollar weakens then the oil price in dollars should rise so that the oil price in other currencies will remain the same.

There will be some downward pressure if the dollar weakens but it should not be that great.

[leeson31] 07/11/2016 11:08

Wbodger: yes indeed.. i did my calcs using the new amount of shs too.. i havent read that wsawatch post as i have him on filter...

imo, if clinton gets in, we continue as normal. if trump gets in, imo there'll be a brexit similar style selloff but then resume usual natural course. the global/usa/uk macros will naturally drive the indices, the volatility will just be the traders and fear/initial short term reaction...

lets put it this way, if trump got in, i dont seee how that devalued or adds risk to HUR...

also, some say the usdollar will sell off if he got in, but oil typically strengthens on a weak dollar... food for thought :-)

[lithological heterogeneities] 07/11/2016 10:58

Anyway,we should,hopefully,get spud news this week. Exciting time to be in HUR. Could be huge imho.

[lithological heterogeneities] 07/11/2016 10:57

Why bother voting at all. The government always get in.