Hurricane Energy Share Discussion Threads

[fireplace22] 09/11/2017 10:13

Haider, yes like for like :-)

[chessman2] 09/11/2017 10:04

For me Aidan Heavey the Tullow chairman would be a great catch if he has the time to spare. He lives in Surrey so not too far to attend board meetings.

He also knows a lot about taking oil companies to the big time.

In any event the HUR team are on the ball and everything is looking good. I suspect the CPR will pleasantly surprise investors.

[haideralifool] 09/11/2017 10:03

What with it looking likely that the Aramco listing will take place on the NYSE or not at all, I think Instis/LSE were looking for something else to make a debut.

[fireplace22] 09/11/2017 10:00

That really would be another 'thank you' to it's private investors then?

[davidblack] 09/11/2017 09:58

This mornings announcement is interesting as it does not say Full List on the LSE.

I wonder if they are looking to get a New York NYSE quote? Just a thought.

[shakudo1] 09/11/2017 09:50

What is that squawking sound. Oh its you chutes. The share vol and upward movement must really hurt you.

[chutes01] 09/11/2017 09:38

£600 Million, give me a fkg break, AM is a complete bucket and prod will be limited to 12kbbls/day

short to 12p

[chutes01] 09/11/2017 09:34

Let me spell it out, Lancaster estimate is about to get smashed to the downside, hence no Solan deal, chart is saying 21p within couple weeks, market cap is out of control, could bottom out at 10-12p.

[shakudo1] 09/11/2017 09:27

Cpr is obviously so huge hur have realised only a senior market can hold it. First Aramco, now Hurricaine!

[ltinvestor] 09/11/2017 09:27

Perhaps the forthcoming CPR confirms that Lancaster and Halifax are one field and that Lincoln/ Warwick are also one giant oil accumulation?

[shakudo1] 09/11/2017 09:25

Chutes has stopped saying 30 and learned a new word.

[zztop] 09/11/2017 09:17

MalcyLseHurricane Energy A couple of announcements from HUR this morning, they are considering a change to a ?premium segment of a recognised exchange? which would be a more appropriate platform for growth, raise their global profile increase liquidity and ?provide a wider addressable universe for the shares?. This makes perfect sense, the company has a market cap of nearly ?600m, has just raised over $500m in debt and equity and has a substantial development programme over the next two years or more. With a revised CPR imminent, which will include Lincoln and Halifax, the company is poised to grow significantly and I continue to believe that the shares are excellent value and my target price remains over 100p.

[fireplace22] 09/11/2017 09:04

Given the perceived life expectancy of HUR as a producer (2-3years max?)is it (full listing) worthwhile or is just a statement of bravado? It would presumably allow more funds to have access to HUR but if anyone thinks it would eliminate or reduce manipulation should look at PMO and the effect the CB holders have had there.

[greyingsurfer] 09/11/2017 09:03

My take on the RNS of this am. I believe this is a "go it alone" message to all shareholders. Why else go thru the headaches and costs of premium listing if they intended still to sell to a major who is already listed.

It could perhaps suggest that they have no plans to sell out completely at an early stage, but that's been looking increasingly clear for a while.

It certainly doesn't preclude farm outs. It's a recognition that if Lancaster and the other fields work out as expected HUR, even if it only continues to hold a minority stake after farm outs will be a company with major production and assets that are not appropriate to AIM. A move, as has been said, would also open up HUR for investments from significant institutional sources.

Peter

[davidblack] 09/11/2017 08:55

Really good news with the new institutional holders clearly expecting bettter standards of behaviour.

Obviously a new heavy weight chairman is on the way with a production background. My guess is too signals Dr Trice moving to focus on his exploration role so a new industry CEO will arrive too.

A very good announcement espically as it will allow a good number of bigger overseas funds to now hold the stock.

[gary38] 09/11/2017 08:50

More good news.Well done Hurricane Energy team.

[chutes01] 09/11/2017 08:18

there are none.

[fireplace22] 09/11/2017 08:17

..or a declaration of intent to show they can go it alone and not at the mercy of the low ball farm-in offers currently on the table?

[telbap] 09/11/2017 08:10

My take on the RNS of this am. I believe this is a "go it alone" message to all shareholders. Why else go thru the headaches and costs of premium listing if they intended still to sell to a major who is already listed.Long long haul ahead.

[ltinvestor] 09/11/2017 08:06

Expect a heavyweight industry Chairman to be appointed.....LT

[bloodhound] 09/11/2017 08:05

"Following discussions with shareholders"

One assumes this included CA - Would be interesting to hear their take on this.

BH

[fireplace22] 09/11/2017 07:57

FPSO progressing nicely and CPR still due in next few weeks.

[value viper] 09/11/2017 07:49

On balance, net net, would hope a main listing would be a positive (!) , in-line with the strong potential ahead...