Hurricane Energy Share Discussion Threads

[bill hunt] 08/5/2017 07:32

Buy on rumour sell on fact. Hope it s not true today!!

[wildchild] 08/5/2017 07:32

Thanks Control1.

[lfdkmp] 08/5/2017 07:31

Didn't Dr Trice state that 25% RF was the lower end of expectations?

[rayrac] 08/5/2017 07:30

Now all we need is a follow up bid.

[control1] 08/5/2017 07:30

Wildchild, see 20368

[buffythebuffoon] 08/5/2017 07:29

The CPR states an RF of 22.5%!

Buffy

[gary38] 08/5/2017 07:28

Brilliant figures.Well done HUR who have a top management and team.

[wildchild] 08/5/2017 07:28

francis55 : On 7th of April management said they had revised internal estimates to 591m recoverable for Lancaster only.

[pauliewonder] 08/5/2017 07:28

Massive numbers. That's some discovery

[control1] 08/5/2017 07:28

Internal CPR was at 25%, if I remember correctly, this is conservative at 22.5% so 581m recoverable like for like

[francis55] 08/5/2017 07:26

Any math gurus out there calculated if this is more or less than the presentation figures?

[buzzzzzzzz] 08/5/2017 07:26

HD lol

It's been a struggle to get some wonga together but on the road to recovery....in the good old days I would be holding 10x what I have now.

Good luck to all of us!

[fatnacker] 08/5/2017 07:23

Jeeesus 2.3billion barrels in Lancaster

[leeson31] 08/5/2017 07:23

or GWA, greg!

[gregpeck7] 08/5/2017 07:22

Amazing numbers .Remember guys halifax not included in this, only lancaster..

[mirabeau] 08/5/2017 07:22

FPM (£334 mcap) has P2 reserves (North Sea crude) of around 81m which their value/bbl priced at around $4.20/bbl. That should give you an accurate benchmark with which to mark the current value of Hurricane PLC

[hiddendepths] 08/5/2017 07:21

Buzzzzz - why am I not surprised!

[buzzzzzzzz] 08/5/2017 07:21

russell don't hold your breath

[leeson31] 08/5/2017 07:21

russell, who can ever guess a days action, but for investors, we're similing! trend up, and last weeks action kind of shows how good they are!

2.3bill+_ on lancaster alone!

easily ~4bill on halifax, and ~5bill oip on GWA

25pc RF = ~2billion barrels recoverables across their assets..

this is seriously undervalued..

[chumbo] 08/5/2017 07:20

Is that suggesting a RF of 27%%

[russell250] 08/5/2017 07:18

So cpr out -- any predictions for today with oil also up??

[lfdkmp] 08/5/2017 07:17

The herd might leave, but attention of serious players will surely replace.

"An NPV of $525 million is attributed to the 2P reserves for a six-year EPS at a 10% discount rate"

If a lower discount rate is applied to already conservative estimates, then we are looking at serious NPV.

(and just Lancaster I keep reminding myself)

What might this company be worth in a couple of years?

[buzzzzzzzz] 08/5/2017 07:17

HD

Thanks for confirming the figures are good.

I topped up on Friday.

[ltinvestor] 08/5/2017 07:16

HD.Yes, very serious numbers now confirmed by an independent party.What is the GLA holding in total!!!!Can't wait for the end of year CPR for that figure and of course Lincoln/Warwick.