Hurricane Energy Share Discussion Threads

[jacks13] 29/3/2017 09:28

Taking that line to its logical conclusion fatnacker, someone investing in one of CA's funds could find themselves invested in just one company. I bet that would come as a bit of a surprise to them.

[ngms27] 29/3/2017 09:26

Malcy said in the next two weeks after speaking to the good Doctor. I'd put money on him being correct.

[garymegson] 29/3/2017 09:25

Tweet 1h ago.

Richard Bernstein@CrystalAmberRB1

"Our oil team is updating its resource estimate.
More shortly."

[cashandcard] 29/3/2017 09:25

jacks13,

I think when using the word imminent, I don't think Hurricane should be held in the same regard as that Tanzanian explorer (or for that matter the Irish explorer run by Jnr) Lol!


Cash

[lfdkmp] 29/3/2017 09:24

Do I hear echoes of Jay at AEX, jacks!:-)

[rojer108] 29/3/2017 09:21

Drift mode. Standard. Nothing to do with fundamentals.

[jacks13] 29/3/2017 09:20

Monday's rns did say the CPR was due imminently, but in the lexicon of one well known Tanzanian explorer, which some of us were/are invested in, imminently turned out to mean the best part of three years. :-(

[cashandcard] 29/3/2017 09:13

The market is a traders market, but in the words of Warren Buffet;

'The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient'.

The longterm holders here know they benefit from an excellent management team, oil markets which are correcting, large scaleable resources and a safe jurisdiction in which to do business. In due course, value will out.

The CPR will be crucial for external groups/organizations who might be considering funding etc.


Cash

[dsmith57] 29/3/2017 09:12

Who is selling then. Not CA it seems.

[hazydaisy] 29/3/2017 09:09

From yesterday



We currently await more detailed results from the Halifax and Lincoln wells, as well as the updated Competent Person’s Report for Lancaster. A Competent Person’s Report is a technical report intended to provide an unbiased and independent opinion on the technical aspects of an oil company or specific oil field, with the ultimate purpose of informing investors.

The Fund continues with its ongoing positive engagement with Hurricane and supports the management’s strategy.

[gregpeck7] 29/3/2017 09:01

ONce CA have "gone away" will fly.. They are small fry now and we just need them out..

[buzzzzzzzz] 29/3/2017 08:59

Who cares what the share price is doing....the oil is there, it's just a question of how much.

Let tyhe dust settle and let the big boys play their games.

With regard to funding I doubt very much that HUR will do anything until they have done the CPR and have made allm players aware of how much oil the data says is there.

I predict the share price will be a lot higher in 12 months time so chill and be patient.

Me I am off the the 4th valley in the 3 valleys and have a table and oysters booked at the pizzeria mottaret.

The sun is shining snow is great above 1800m and HUR have literally billions of barrels......sweet!

[gisjob2] 29/3/2017 08:58

I could have sworn we have a billion barrel oil resource and just drilled a well with 1.1km of oil. I must have been dreaming ! :-)

[obmuj] 29/3/2017 08:58

Jacks13. Thanks. I can't paste very easily on my tiny gadget so thanks for that. Both posted same time. Anyway hope it clarifies although the statement of "when" is 6 mi s on my version. Maybe he repeats it. Whatever.

[obmuj] 29/3/2017 08:53

Gary38- obmuj, Can you send me the link when AS aaid that CPR would be after Q1.
-------------------------------------------------------------------------
Gary38, I can't (due to not being at my computer) send the direct link but if you go to Vox Markets A.S. Interview of 17 Jan with Justin Waite ...6 mins exactly, clearly says that CPR "may" be end of Q1 but also into early Q2 which of course could mean anything from 1april. Sorry, trying type this to answer your request whilst on move.

[jacks13] 29/3/2017 08:53

gary -CPR, end 1q, early 2Q


(7min 50s)

[rayrac] 29/3/2017 08:52

An ri would be difficult for me...unless they'd take bean counters? Any spare cash I have is put aside for booked internal decorations!

[che7win] 29/3/2017 08:50

Brent rocketing today again.Think at this share price the majors would be thinking a cheap takeover rather than a farm in. HUR has grafted all the hard work, 100p would easily buy us out.

[wildchild] 29/3/2017 08:43

How about a rights issue, say 1x1 at 35p ?
That would give them the money they need, and we'd all be able to participate.

There would be no funding issue to drag the price lower and a certain big seller
would be selling into a stronger market for the stock.

Must admit though, I'd prefer a farm-in.

[laserdisc] 29/3/2017 08:09

too much oil

[obmuj] 29/3/2017 08:09

Gary38. I'll find it when I get to my office and post it with the time on the recording.

[upwego] 29/3/2017 08:01

Well got to say price action is not normal something has certainly put the brakes
on the price. amyway not selling so doesnt matter but just dissapointed for being
in on taking the risk a good result and no big gap up to lock the rest out instead
your still able to by at the same price.

Crazy Cpr Likely to be in days I think more Monday morning sharp at 7am

[ngms27] 29/3/2017 07:33

I'd think there will be zero 2P as we don't have the FID in place yet.It will be a mixture of 2C and 3C which should be in recoverable barrels not OIIP