Hurricane Energy Share Discussion Threads

[bloodhound] 22/3/2017 12:02

"Just having an oil rich territory doesn't guarantee a high share price "

True but having an oil poor one definitely guarantees a low share price

"It has to be producing."

Eventually it does yes, in our case 2018/19

"But if you think HUR can't fail, think again."

Ffs - you talk about 'froth' and 'over exuberance' Agnabeya, you could equally be accused of undue negativity dressed up as 'caution'.

I think people who are still invested here awaiting the Halifax result, FID, CPR etc know there own risk level. A balanced view works both ways.

Just to add - It's the PoO that's affecting us right now as has been stated by other members of the 'froth' brigade

BH

[thegreatgeraldo] 22/3/2017 11:44

Slightly odd - last night's API numbers showed US stocks flat (overall), yet the meedja keeps banging on about a glut.

[filterwest] 22/3/2017 11:40

The share price is down due to crude not Hurricane.

[agnabeya] 22/3/2017 11:38

Control1 why under a rock? You ask if I'm serious?
On Friday I said the chart was weak and we were going to fall.
I was told I was talking b0ll0x. Fair enough.
But I was right. And not a cheep from anyone. Ok...fine.
But if you think HUR can't fail,
think again.
I'm not just talking about failed drills...more about how companies will do unthinkable (to PIs) things that trash the share price
Just having an oil rich territory doesn't guarantee a high share price
It has to be producing.
Look at RKH.

Your own post contributes to the froth..and supports everything I said.
There is too much oil fever here.
I say this hoping it will encourage caution.

I made money once I learned to be cautious.
There may be a good result coming from Halifax, but nobody knows.
My feeing is a different thing..but I won't share that as I Don't want to influence anyone.

As for the AM being used? It's very likely, but not certain until a negotiated contract is signed.

I'm offski now....GLA

[yoghurt73] 22/3/2017 11:36

Brage Viking by a nose & showing TS as the destination

[rayrac] 22/3/2017 11:13

F1 racing, here we come. Boring. I want drilling results😭8164;

[farmscan] 22/3/2017 10:45

It may be coincidence but Maersk Launcher is now increasing speed at the same time that Brage Viking has caught up with it.

[rayrac] 22/3/2017 10:44

Oil price is the potential problem here, if it gets below $50, then it's a wait and see. The OPEC cartel have a problem too, their entire economies rely on a $60 benchmark, so they've got to squeeze even more!

Nice to be a Yank? Apart from Trump of course!

[farmscan] 22/3/2017 10:34

It could be going to Schiehallion.

[farmscan] 22/3/2017 10:31

I have been watching it since it set off last night with UOS Voyager and it seems to be on exactly the same course, albeit slower. Being followed up by Brage Viking, but time will tell.

[laserdisc] 22/3/2017 10:25

could be going to bp field as they in past had it on charter, not sure who has present charter ,shows apache on this link, but also shows "in house" whatever that means

[farmscan] 22/3/2017 10:22

It would appear that Maersk Launcher is also heading for TO Spitsbergen, judging by it's course.

[pca] 22/3/2017 09:58

no mass selling and no mass buying looks like a tight ship with no leaks, patience
is the name of the game.

[the guardian] 22/3/2017 09:53

With drilling results due before the end of the month, it would have been logical to assume that buying would have picked up in anticipation of a positive outcome.

Signed - a logical person in an illogical world. :-(

[farmscan] 22/3/2017 09:38

There is no further drilling for some time after Halifax afaia.

[terry hardacre] 22/3/2017 09:38

Hi Buffy,

Thanks that's very nice of you to say so - but from a personal viewpoint I am as guilty as the next man of getting carried away with this share. I'd have to footnote my coverage with:

Terry owns far too many shares in HUR and his analysis should therefore be completely disregarded

[buffythebuffoon] 22/3/2017 09:06

Hi Terry,

"The investment case is not without some reasons for being optimistic"

You lay out a well reasoned assessment of the prospect for making some money by investing in the common shares of Hurricane Energy.

You should be an analyst.

Cheers,

Buffy

[gregpeck7] 22/3/2017 08:57

At least uen rolls on. Come on hur spill the beans!!

[wessexmario] 22/3/2017 08:10

We all suffer from Confirmation Bias, it's in our DNA, but some people seem to be able to turn it into a whole new art form.

[terry hardacre] 22/3/2017 06:59

I think it's the intemperate language and the self-assuredness from the positive camp that can put the warning signals up to the more sceptical observer.It is fair to say that there are issues the company faces - in particular in relation to ongoing financing - that in isolation represent significant risks. It is also reasonable to say that the company has a proven track record of raising finance in a challenging oil environment, and has much more under its belt by way of proven field expertise (and therefore evidence to support the FB productivity hypothesis) since the last time the data room was open.The risks remain, but the investment case is not without some reasons for being optimistic.After that it's down to the individual, what they understand, what their risk profile is, how dispassionate they can be about all of this.

[gary38] 22/3/2017 00:18

Hurricane Energy management have not put a foot wrong and l belief this company will grow into to a very profitable company and return great value to us investors over the next few years,plus good for the UK.