Hurricane Energy Share Discussion Threads

[ricfle] 17/12/2016 16:31

FAO Marcus

Dear Alistair

While I understand that you cannot post price sensitive information before it is release officially I would seek clarification on a number of issues that are now public.

In the resent "Energy Voice" article they state that the EPS will be run for 18 months before FFD, at present Hurricane are guiding 24-36 Months. They also state that the EPS will have a further well. Is this the present Hurricane policy, or have "Energy Voice" misunderstood the interview?

In your resent "Corporate Presentation" the programme shows drilling ongoing until Q3 2017, what will Hurricane be drilling? Halifax-Lancaster infills, Warwick exploration,
a further production well for the EPS, or something completely different?

I thank you in advance for your reply.

[greenmachine1] 17/12/2016 13:52

Regarding what macrus said here and what AS said in a podcast relating to his "off the charts" comment, why does it seem that some posters here see one as acceptable and one is not? Assuming of course that you believe macrus is AS of course.

[greyingsurfer] 17/12/2016 12:50

Hi Jacks.

Yes, I'm invested.

I'd agree with most of what you say - though while I accept macrus could be AS I remain unconvinced - as yet at least.

In general, I work on the assumption that you can't be too sceptical about who people on social media and BBs claim to be in the "real" world!

Peter

[jacks13] 17/12/2016 11:20

Nice to see you here greyingsurfer. Are you invested?

On the topic in question, I am for my part convinced that macrus is Alistair Stobie but cannot prove it. Secondly, in correcting what he believes to be a mis-reporting of his comment he was I believe trying to be helpful. Finally, in joining in a BB discussion, given his role in the company, he only risks digging himself into a hole. Conclusion? Best he stays clear. The suggestion from some that Hurricane should issue a corrective rns is ludicrous.

[greyingsurfer] 17/12/2016 09:59

But we have some one very decidedly saying they are the Company's financial director on a BB 'correcting a miss reported' issue.
If there is a genuine mis-reporting of anything, does it not strike you as odd this is being done privately on a BB?

I've seen nothing that makes me convinced that the CFO has been on the boards.

However, I think this whole storm (in a teacup?) demonstrates the dangers of reading too much into BB chat. Either someone is passing him/herself off as someone else for whatever purpose - hardly unusual or surprising if true, or a director has got his knickers in a twist over what was probably a very unremarkable remark and is learning the hard way that getting involved with BBs is a bad idea.

Either way, interpreting BB chatter that claims inside knowledge is a minefield - and as likely (probably more so) to leave you up the creek without a paddle as to help you make good decisions. BB's are great - with a considerable pinch of salt - for discussions on views on companies prospects. If you want information on operations it's better to wait for the RNS.

[idleduck] 17/12/2016 08:09

Aye Cash and don't forget, BP's "bought" into the Nexen-operated licence that has the Craster prospect on it. That'a Rona Ridge ... Quad 205 like Lancaster, etc

[cashandcard] 16/12/2016 18:43

Idleduck,That's interesting. Partners in Clair are BP Shell Chevron and Conoco. I'd wager its one of them.Cash

[agnabeya] 16/12/2016 18:42

Grenmachine.....it's not so much what he's said.
But we have some one very decidedly saying they are the Company's financial director on a BB 'correcting a miss reported' issue.
If there is a genuine mis-reporting of anything, does it not strike you as odd this is being done privately on a BB?
Surely any error should be corrected once, in public,so that everyone knows?
It is in the company interest that corrections are made publicly.
If I were an institutional director, I'd be pretty miffed if PIs were getting information I wasn't.
I cannot see the scenario where a director chums up to forum posters giving them information not in the public domain.
It is a matter of the principle/legality...and ultimately the company's reputation if this is really happening.

[gary38] 16/12/2016 18:14

Can not wait for results and the opening of the Data room.Getting really exciting now.

[idleduck] 16/12/2016 17:43

Cash
Work done two years ago
That makes it still fresh
HUR was talking to BP before price crash
Today's speculation on this board noted
Could very well have been BP that commissioned the study even though it probably knows more about the Rona Ridge than most
Not convinced of notion that it might have been Chevron

[steved] 16/12/2016 17:34

agnabeya

Very good of you to contact the company and hope a reply will be forthcoming to clear this up.

[steved] 16/12/2016 17:32

nicebit

Definitely not but this is different its allegedly the CFO of Hurricane and simply feel like others its inappropriate to be making any kind of comment on a public forum. It doesn't sit easily with me at all but just my opinion.

[greenmachine1] 16/12/2016 17:30

Agnabeya, what exactly has he said that makes you think this way. Storm in a teacup.

[agnabeya] 16/12/2016 17:27

Steve....
It's frankly alarming to see how many people accept claims without verification.
More alarming IMHO if this poster really is AS.
All information should be disseminated publicly through the correct channels.
To everyone, otherwise it isn't a level playing field.

What about the institutional holders?
Wouldn't they have something to say if this is really happening?
Anyone who thinks there's nothing wrong with this is ignoring a problem.

Remember, the forums are dark, and full of chancers.

I have contacted the company twice, and still waiting on a reply.

[nicebut] 16/12/2016 17:08

Probably do a GKP and not say anything...(which is what GKP did when they had bad news)

[the guardian] 16/12/2016 17:03

If the rig is ready to move, then why have we not had an RNS on the success or failure of the Lincoln drill?

[nicebut] 16/12/2016 17:03

steveB,

Do you feel uneasy about all the other rubbish posted on this BB by certain posters? Or is that OK? I agree with you BTW, not ideal at all but as long as its not price sensitive then should be OK....Trouble is his post above is ambiguous and just leaves more questions IE was the reporter wrong about what *he* said or was he wrong...

IMO Best he doesn`t post anything.

[cashandcard] 16/12/2016 16:48

Idleduck,Thanks. When you say done a few years ago, was this work reported to the 'international oil co' over the last 12months? If so, it may yet be of interest.If earlier than that, I believe it'll be of little significance to Hurricane as they have already been talking to industry players until 2016 drilling program was initiated. I would have thought the 2014 data would be enough to go on to secure a deal. The only other avenue would be if Trice thought it was a substandard deal, not taking into account the true extent of the asset base.Cash

[kaytom] 16/12/2016 16:31

Would you still feel uneasy if the share price rockets with a RNS next week SteveD.

Personally IMO I think the comments are getting ridiculous and way over the top.

I agree with post 13079 Impvesta which summed it up nicely.

[chessman2] 16/12/2016 16:27

Steve and others,

You are worrying unnecessarily. In good faith all AS did was try to clarify the matter. Rig is ready to move but held up by the weather. Dr T after 3 weeks is possibly getting seasick in the Force 8.

[steved] 16/12/2016 16:15

For the first time I feel somewhat uneasy about my Hurricane investment as IMHO its not appropriate for a BOD to be commenting in a public forum if indeed this is the case. Would be very good to get clarification?

[idleduck] 16/12/2016 15:39

Cash
The SLR work was carried out a couple of years ago

[idleduck] 16/12/2016 15:37

Cash
The SLR work was carried out a couple of years ago