Hurricane Energy Share Discussion Threads

[the don of dons] 21/12/2016 14:26

huff sed . utter numpty



gisjob2
21 Dec '16 - 13:30 - 13365 of 13367 4 0

FSA, the person who claimed the kerogen deal was terrible when the share price was 10p. Just saying !

[fsawatcher] 21/12/2016 14:22

you wont get holdin rns coz these lot use other company to short shares which they loan out to 'em

when they get their placin stock they then do deal to buy shares back and split difference

nuffin change to holdins yet you see about 70mil of stock getting dumped over last 2 month

it called churn , rinse and repeat it how the market works

45p comin soon

[cashandcard] 21/12/2016 14:11

Rutter,I think they will race through the first 1000m on Halifax, as it's the 3rd well and crew will know what to expect. The only point I see them slowing is once they get to the boundaries of structural closure, no doubt Dr T will be on the rig at that point. That will be the all important phase. Cash

[gisjob2] 21/12/2016 13:30

FSA, the person who claimed the kerogen deal was terrible when the share price was 10p. Just saying !

[nicebut] 21/12/2016 12:41

Thank you Peter...

Had feeling that answer was they may want to see `production history`. In which case they need a FI partner to ideally take some of risk sand provide some of the $400m IMO or to raise money very v carefully or bit of both.

[rutter] 21/12/2016 12:38

Thanks cash. I presume that's excluding testing GLA

[leeson31] 21/12/2016 12:13

in regards to selling pressure from the big ~24pc gap on monday, i feel huddlestone is now probably gone..... fair doos to him...

in regards to CA or kerogen, we need to note they are long term backers, and ive not seen any rns holdings to say theyve reduced, and each 1pc threshold movement is ~12m shs.... essentially, were seeing great liquidity, which is good for the stock, an us... so if the placees ffrom 34p are selling in lots of 3.5m shs or 7m shs ( anything under 1pc/12m shs lots), then fair doos, the markets are here to make money, but they still are long term investors... they also backed HUR at 15p, no one ever goes on about them selling some of that stock when the share price went from 31p to 24p. . the trend is up and news flow has and probably will be great, and the share price is at a discount to NAV..

i would say the next 6 to 12 months will be a good time for HUR and the share price .

[the don of dons] 21/12/2016 12:12

FSAWatcher u twit

wheres the holding RNS if they selling size ?

[rutter] 21/12/2016 12:05

Haven't done as much research as you guys. When is Halifax likely to spud and how long (ish) to TD

[fsawatcher] 21/12/2016 11:52

someone been sellin this hard over last few days

7mil block , 3.5m blocks x 2 now last few days they dumpin 600k block got volume dried up

it good money for CA and Kerogen coz they got shares at 34p and now dumpin 10's of millions at 49, 48 and 47

that 40% profit

Dr Trice gonna go back to them for more money in 2017 coz he want to flow test lincoln and do well on warwick

but he wait for halifax result first or does he give kerogen and CA nuther chance of cheap shares before that result? like he did with lincoln ? ???

placing for $70mil at 41p level only gonna cost nuther 140mil shares

no wunder they dumpin 7 mil blocks fast coz they know they got stock comin cheapers???

[leeson31] 21/12/2016 11:45

valid points mate....

i think for now ill hold, on the basis the trend is up, and i think the market will continue to buy the stock for the reserves/nav aspect, where i feel the current share price is at a minimum of 100pc discount to NAV/sh...

GL :-)

[fsawatcher] 21/12/2016 11:32

muther of storms comin up to north scotland

they aint gonna spud halifax untils 2017

if weather still bad in jan they gonna be gettin tight on time

market not know if lincoln flow oil so it aint gonna price much in for that now

this drop back to low 40's while peeps de risk, book profits and come back in a few weeks

[davidblack] 21/12/2016 10:23

The trading doesn't look bad, yes we are down a bit this morning but what I think is happening is that sellers who held out for higher prices of say 50p plus are gently liquidating and moving on with sold buying g mopping up that supply.

Boring as it is we need these recycling periods to avoid the stock becoming a target for the out and out traders who short and go long on a whim. They plague many good stocks and it's a good thing Hurricane is too "Dull" for their games. Trading 5m a day or £2m also helps!

[gregpeck7] 21/12/2016 10:18

Exactly, and if it is, we are probably looking at the largest oil field in the North Sea.... which is scary.

[jacks13] 21/12/2016 10:05

Halifax drill - Rather than the size of column it is whether or not the owc is at a similar depth to that at Lancaster that is more important. Similar depth would indicate that Lancaster/Halifax could be a single accumulation.

see:
www.proactiveinvestors.co.uk/companies/stocktube/6634/greater-lancaster-area-exciting-says-hurricane-energy-boss-6634.html

[laserdisc] 21/12/2016 09:52

I am long term and waiting for Halifax drill, it could give us a bigger oil column than Lancaster
The top of the Lancaster structure is at a depth of between 1000-1100m
The top of Halifax is between 700-800m
that gives us a possible plus on Lancaster column of up to 300m
I still see a significant upside to our resources which will help finance

[leeson31] 21/12/2016 09:31

theres also a gap at 24p.... but news kept that from being filled, i think thats a breakaway gap, so too the ~42p gap...

the estimmated $400m financing for GLA etc, isnt required to be sorted until end of H2 2017 as per AS comment on his voxbox audio boom interview... they have lots of options, go it alone meaning debt, or equity issuing, or strategic investment, or, they could farmout and give up a bit of a percent in return for financing... but this is a good few months away yet, and theres plenty of news to come such as CPR, data room, halifax, another drill perhaps....

it does appear from the share price action that someone offloaded, could easily be the seller that weve seen for a while, but, the trend has continued up even though theres been a seller, so that doesnt worry me..

i dont understand why some ppl are being negative, you couldnt ask for a better investment......

and what a problem to have, to have to raise lots of money because hur are sitting on an absolutely massive asset....

ppl were having similar thoughts when share price was ~40p about needing financing and worrying about a placing, the share price has hit 51.5p after that....

if youre short term, then each move is more important than the medium to long term investors..

again, imo, you couldnt ask for a better investment...

cheers

[csjcsl2] 21/12/2016 09:23

re leeson, there is the small matter of raising $400m, maybe there is talk of more funding on the way, which could hold the share price back, also the last couple of trading days looks like someone is offloading stock.chart wise there is a gap to close at around 42=43p.

[leeson31] 21/12/2016 08:39

interesting post from last night.. i think the main thhing is that Dr trice and his mgmt team handle with care the gem theyve uncovered, i have faith in them..

chartwise/sp wise : we are in breakout from the 42.25p prior highest recent close.... and the only reason why the share price languished/consoliddated after the lancaster news was because of the placing, and now weve haad lincoln news, and expect halifax next, imo the share price wil climb into the 50's easy enough.....

news flow: good. trend: up....

i cant seee any other co.s that id prefer to swap to....

[the guardian] 21/12/2016 08:34

Disappointing trade action so far.