Hurricane Energy Share Discussion Threads

[dsmith57] 23/4/2017 16:07

Would everyone please concentrate on Hur. This is not a free advice centre.

[gibso6767] 23/4/2017 12:57

Geordy re HL at last years OO I was told otherwise and the %s allowed re different investments ie SIPP , ISA had to stay with that account .

Can appreciate that SIPP and ISA where limited in the amount you can put in but , I would have thought that the ISA Allowance would be able to be transferred to a trading account .
I have 200,000 in my ISA so if we where allowed let's say 3% of holdings at a reduction of par strike price that would allow me 3,000 shares in other account .

I'm hopefully freeing some other pension funds to transfer to my HL SIPP for this possibility

[geordy2] 23/4/2017 12:39

I have talked with both HL and TDW who told me that it would be possible to take up open offers on shares that were held in an ISA through your linked trading account. I would be interested if other people would call HL and TDW to see if they get the same answer !

[gibso6767] 23/4/2017 10:22

Laser that's true re OO if your maxed out on ISA that particular holdings OO allowance cannot be used in let's say SIPP or Shares Account , however if you've not fully subscribed your £20,000 to HUR or whatever you would be able to subscribe to OO with spare cash or on par possibly with CA ie bonds sell some in possibly anticipation .

[laserdisc] 23/4/2017 09:26

Could be relevant if we have a future open offer, some providers did not let you take up the oo if your isa was maxed with shares, you need some cash in the isa to pay for the shares. The oo shares which were offered in the Isa could not not taken up or trf to other non ISA accounts. You would have to sell shares in the isa to create cash balance in your isa account

re the above that's what I recollect from some posts on this board re last oo

[hopeful holder] 23/4/2017 09:15

Flexible isa rulesAn example of how a Flexible ISA works If you subscribe £15,000 to a Stocks & Shares ISA with the Flexible facility, you will have a further £5,000 available subscription remaining. Should you withdraw £4,000 from that ISA, your recorded subscriptions with that ISA provider will reduce by £4,000. This means you will have an available subscription of £9,000, which you can pay back into the same Stocks & Share ISA, or split between that Stocks & Shares ISA, a Cash ISA and an Innovative Finance ISA or Lifetime ISA (if you are aged between 18 & 39) subject to the Lifetime ISA allowance.Please remember that you cannot make current year subscriptions to more than one ISA of each type in any one tax year, so the available subscription can only be paid to the ISA it was withdrawn from or to an ISA of a different type.

[russell250] 23/4/2017 09:10

altom -- that's a flexible isa - not all but some major banks allow - was available last year came into force 6th april 2016

check out the shares centre or moneysupermarket -- most are cash only but some are stocks and shares

the dividend tax is also big benefit protected within isa when you do not have a sip option

[altom] 23/4/2017 08:53

Gibso. I am not sure and need to check this, but I have a feeling that the ISA rules have changed this year and that you can take money out and put it back in during the same year. I AM NOT SURE.

[pcok] 22/4/2017 18:54

If CPR slips to early May so what. Just taking longer to count up to a bigger number!

In essence CPR now relegated to a stepping stone in the raising finance/farm out stage for EPS. We have been told already what (probably conservatively) is in the Lancaster Hot Pot.

This time in 2 years Rodney....

[gibso6767] 22/4/2017 16:06

Well the Monday after is a Bank Holidsy so I'd say same rayrac

[rayrac] 22/4/2017 15:55

Friday is a no no. I'd be very very surprised if it were so!

[telbap] 22/4/2017 14:53

I think this CPR rns will be taken to the wire, maybe Friday before we hear anything, and that anything could be another delay. Fingers and toes crossed indeed.

[gibso6767] 22/4/2017 14:28

Yes Grey true , and if you look at our MCap for an Oil ( Yes Exploration firm ) without an income or significant secure funding then production at leat 18 months away .

Not deramping as I'm ' Conkers Deep to the Hilt in HUR '.

But to negate these frivolous concerns we have World Class Expertise, very little overheads as in day to day running , past findings that have been oversubscribed with an invite to return .

Our Acreage/ Blocks are slowly but surely being surrounded, this in itself creates a new Hub , Infrastructure ergo cheaper Opex .

With more than probably a spur pipeline plumbed in .
Heck forgotten the elephant in the room we have a mammoth oil field ( see what I did there )

Fingers crossed for a cacophony of 7am bleeps , whistles , clangs to alert us of all of this climbing slowly but surely into fruition

[greyingsurfer] 22/4/2017 13:43

Shares can go down as well as up;-)Are you allowed to say that on this board, BH :-)

[greyingsurfer] 22/4/2017 13:42

Absolutely LD, not having to even think about CGT in ISAs is a big benefit.Though it does mean when you get it wrong you don't have the satisfaction of being able write your losses off against gains :-)Peter

[gibso6767] 22/4/2017 13:23

I'm amazed at posters naivety and utter stupidity the Investnents / Tax

[laserdisc] 22/4/2017 13:19

gibso the fact that you do not have to declare isa's on your tax return means a lot for those that do not understand the complex tax laws cgt etc

[bloodhound] 22/4/2017 12:27

Gibso6767 - www.fool.co.uk/investing/2017/03/30/hurricane-energy-plc-a-perfect-buy-and-hold-pick-for-your-isa/

The above link does not constitute financial advice from me in any way shape or form. Shares can go down as well as up;-)

BH

[the sage] 22/4/2017 09:58

lets hope that they both bid for the GLA or the whole shebang. Isn't Exxon Mobil the worlds largest? They might want a piece of the action.

[bloodhound] 22/4/2017 00:41

Cashandcard - I'm sure they're both in the 'data room' too...:-) Our WoS resources are potentially just too big to be ignored, they're of National importance and the numbers if proved up are absolutely massive.

Sure work to be done but our 'out of rounds' Halifax license win followed by Shell & BP becoming our new neighbours with their license take ups is more than coincidental.

Frustrating share price movements of late but don't lose sight of the big picture here.....!

BH

[cashandcard] 21/4/2017 22:54

BH,I make BP frontrunner but like you think Shell is one of the 'data-room' majors in the mix. Trice previously consulted for Shell on Clair.Cash

[rayrac] 21/4/2017 18:57

Thanks Jam, I'll bear that in mind when I'm 83....👉999;😘

[bloodhound] 21/4/2017 18:55

In terms of BP’s plans, apart from the major Quad 204 and Clair Ridge developments, the company’s project pipeline looks relatively thin. Any further material growth would have to come from a substantial discovery. An alternative option for the company to book some reserves would be to farm in to Hurricane Energy’s Lancaster discovery, which, with an estimated resource of 591 million barrels of oil, could provide one of the few opportunities for non-organic growth in the region. - See more at: hxxp://newsbase.com/commentary/bp-focuses-north-sea-ep-after-selling-fps-ineos#sthash.f7ZFBZy0.dpuf

If BP don't farm-in Shell will. Fwiw I think it'll be Shell, you heard it here first;-)

BH