Hurricane Energy Share Discussion Threads

[brahmsnliszt] 10/12/2016 23:07

Nor me puzzler. Even if there is one it's less than 0.5 pct.Long term patient holder.

[puzzler2] 10/12/2016 20:00

I think there's so much rumour and speculation generally, brahms, that a rumoured short is just part of that noise. I'm not overly concerned, but then other than insiders, who really knows whether the current drill is going well or not? We'll all have to wait and see.

[laserdisc] 10/12/2016 18:26

Stril polar left Aberdeen 17.15 quick turn around to SPITSBERGEN indicates they needed more of whatever they pick up at pokra quay cannot see it being crew change was in docks for 12hrs suppose could be viewed positive cement and plugs for sealing final stage possibly/poster on lse indicates specialist logging tools

[brahmsnliszt] 10/12/2016 18:25

Well done puzzler. Nice going.Any thoughts on this rumoured short that's opened up?

[puzzler2] 10/12/2016 18:22

Bad luck laser - and indeed it probably is luck when one has to select at the beginning of a year and hope that all goes according to plan for 12 months. I was kicking myself that I hadn't spotted PANR when it was riding high, but where it is today shows just how quickly things change. I see I'm at position 10 in the UK stock challenge with 82% (which is better than I'd hoped for at the beginning of the year), but can't see me beating stig's 155%!! Your position 6, laser, is very commendable.

I've been holding since 2014 brahms, from 42p and thus took a horrible hit as oil slid through to the end of 2015. However, such is my conviction in HUR, I broke a golden rule and not only doubled up, but quintupled up in the 10p to 15p range, so am well in profit now. ...and as gibso says, there is something quite exceptional about the fundamentals of HUR, so plenty to look forward to.

Sort of feel that we might hear something this week?...

[brahmsnliszt] 10/12/2016 17:12

Missed a trick not including HUR in my entry considering I've been long since spring 2015

[adam] 10/12/2016 11:09

Halifax, if it comes in, won't be the cherry on the cake, unless of course the cherry is many times larger than the cake. We could call Boris up to see if he will help eat it...

[oilandgas1] 10/12/2016 10:58

Someuwin - thanks. Both IAE and hut should do well , assuming good news, in the. Ext 4 to 6 weeks, great potential upside!

We now just need a firmed up NOn OPEC deal this weekend and oil stabilising around 55$.

[someuwin] 10/12/2016 10:47

Invetors Chronicle

[laserdisc] 10/12/2016 10:31

Looks like one of safety vessels on its way this morning back to Aberdeen, due Aberdeen Sunday eve,should be a replacement vessel or just a change of crew,be interested to see if stri polar returns to rig Sunday evg
Good post Gibso I am mobile so restricted on posts

[gibso6767] 10/12/2016 10:31

I'm excited and I'm not alone .
It's very rarely fields of such size and location are found and named oil fields .

We have so much going on , how many well campaign is this , how cheap have we got our drilling unit , how successful have we been and confident we will continue to be .

We are drilling , away finding boundaries and depths that are only getting bigger .

We have a FPSO at hand and to get ready for that we have invested in bespoke Subsea equipment .

We have funds which could have been more if it was prudent at that time .

We have BP at spitting distance and also a predetermined deal to sell them our oil .

We have an oil that flows API alone .

We have wells that produce so much and testing is limited beyond well productivity.

On interview Dr Trice was giddy PI 147 , as good as it gets .

We have a tight professional unit of people that are both academically proven but now business proven .

Oil looks to have a better outlook on poo and investment .

We have funds that are multiples of there nearest rivals .

We have a North Sea that needs a revival .

WOS seems to be a new frontier with massive nearby investment of both down hole topside and infrastructure to support it .

We have cash at hand and apart from bonds no debt , again with an intimated facility to go back for more at hopefully a higher strike price .

Look at the Wood not the Trees

[leeson31] 10/12/2016 10:10

Maybe it was pre hur ipo. :)

[buffythebuffoon] 10/12/2016 09:18

Couldn't have been that smart if he didn't hold HUR shares.

Buffy

[the guardian] 09/12/2016 21:48

Too true Terry. I once had a gym partner who I first met when I asked him to spot me on bench press. I picked him out because he looked so mean. He had piercings everywhere and two British Bulldogs holding up the Union Jack tattooed on his back. After a couple of sessions working out together, I said something very vague about shares and he asked me if I had GlaxoSmithKline in my portfolio. He turned out to be very intelligent and an all round nice guy.

[tiltedtrader] 09/12/2016 20:51

Halifax outside of structural closure what be phenomenal.

[chessman2] 09/12/2016 20:16

I think we should receive good [hopefully] news next week. Both Malcy and Stobie have already said things look good.

However we may have to wait until Halifax is drilled for the really good game changing news.

[gisjob2] 09/12/2016 19:36

Lancaster underwent production testing etc, Lincoln isn't so surely this will save a little time too !

[control1] 09/12/2016 18:14

Thanks jacks - btw, the split for the vertical/horizontal total was pretty much 50/50 on the overall time of 4 months

[jacks13] 09/12/2016 18:05

Thanksamillion:

The Lancaster7 drillings comprised a near vertical pilot well, subsequently plugged and abandoned. A horizontal sidetrack production well was then drilled from the pilot well.

The objectives of the pilot well were:
1. to confirm hydrocarbons and the depth of the oil water contact.
2. to evaluate the properties of any aquifer.

The Lincoln well appears to be intended to serve the same purpose as the Lancaster pilot well. There will be no horizontal production well.

[jacks13] 09/12/2016 17:49

Control1:
www.proactiveinvestors.co.uk/companies/stocktube/6232/hurricane-energy-plc-genuinely-thrilled-with-70-mln-cash-raise-6232.html

3 minutes in – a 45 to 60 day well

[terry hardacre] 09/12/2016 17:49

12,910And he is also exceptionally modest (painfully self-deprecating) with it.This man is actually the best read person I've ever met, and not just on the technicalities of the oil industry; his breadth of literature and philosophy is astonishing - and underlines the point that you should always be cautious in the conclusions you draw about people based on impressions taken from the Internet.

[thanksamillion] 09/12/2016 17:48

I was thinking about that and concluded the Lancaster drill resulted in a vertical hole plus second sideways drill starting halfway down. Perhaps the Lincoln one only needs the one hole.

Please correct me if I am wrong.

[control1] 09/12/2016 17:27

Out of interest, does anyone know where the 30-45 day guidance for Lincoln come from...? (as I can't find it)

I am only asking because Lancaster took basically 2 months and I am guessing that this is not dissimilar