Hurricane Energy Share Discussion Threads

[telbap] 22/1/2018 10:28

Expect us to trade closer to 50p over the coming month, sailaway date for the fspo moving ever closer, and eith the carrot of a possible earlier link up to the existing well head, with a little bit of luck and some good autumn weather we could well be looking at a material change in our share price this year.

[master rsi] 22/1/2018 10:21

38.10p +0.88 (+2.36%)

That was a large buy 399K
Someone is keen on the stock it seems, share price rising further since

10:01:06
37.81p
399,220

[leoneobull] 20/1/2018 10:03

Hur makes the FTSmall-cap focus: Oil and gas groups see signs of recoveryHurricane Energy, Sound and Amerisur Resources will be in the spotlight this year   January 19, 2018 12:51 pm by Sylvia Pfeifer , Energy CorrespondentIt has been a tough three years for the oil and gas industry. It battened down the hatches in the downturn, but there are signs there could be light at the bottom of the barrel.Brent crude, the international benchmark, rallied to more than $70 a barrel for the first time in three years this month. Two of the industry's biggest London-listed explorers, Tullow Oil and Premier Oil, reported lower debt levels and promised rising production and Royal Dutch Shell announced its first major development in the North Sea in more than six years.Immediate investor interest will be in those companies that were heavily leveraged during the downturn and should benefit most from the rising oil price. A sustained rally, however, could also rekindle interest in the smaller players on Aim. The number of oil and gas constituents on the junior exchange has retreated with the downturn. It had 105 producers in June 2014, when Brent peaked at $115 a barrel, by June 2015 there were 100 and at the end of 2017 there were just 81 companies listed."We need a catalyst to shake up interest in the small-caps," said Al Stanton of RBC Capital Markets. "A lot of companies have survived?.?.?.?but capital is spread very thinly across the sector. Investors want bigger, better financed companies."In this kind of environment, investors need to look for exploration and production success and a handful of the larger ones will be in the spotlight this year.Hurricane EnergyThe company may not be on Aim that much longer. It is planning a main market listing following an exploration success west of the Shetland Islands. An independent report showed the total volume of oil across its main discoveries and prospects is about 2.6bn barrels.Hurricane's focus is on the Lancaster Early Production System (EPS) development, which should be producing in the first half of next year. It raised $530m last summer to fund Lancaster. Robert Trice, chief executive, specialises in a certain kind of geology known as "fractured reservoirs", which sit underneath the layers of sandstone from which oil has traditionally been produced in the North Sea.Hurricane is looking for a new chairman after Rob Arnott, an oil industry veteran, resigned from the post last year, citing corporate governance concerns. Hurricane this week said that non-executive directors had relinquished previously granted awards under a share option plan.Its shares traded at 38p this week. Arden Partners has a 70p target, noting that first oil from the EPS development is expected in the first half of 2019, "an important catalyst for the stock".Sound EnergyMediterranean gas is at the heart of Sound Energy's story, in particular the acreage it has built up in Morocco. Sound has told investors it plans to sell its Italian assets to fellow Aim-listed Saffron Energy, which will combine with its major shareholder, Australia-listed Po Valley Energy, and re-emerge as Coro Energy. Sound's shareholders will receive 33 per cent of the enlarged share capital of Coro.For Sound, Morocco will now come to the fore. The company plans to drill three wells this year starting in the summer. It expects its portfolio in eastern Morocco, in particular the Tendrara area, contains between 9tn cubic feet (tcf) and 31 tcf. Certification of its reserves should come in the next few weeks. Schlumberger, the oilfield services group, has a stake in the project and has helped fund the work to firm up its potential. Analysts note that Sound has cash of £29m, down from £38.5m in December and debt remains unchanged at €28.8m in bonds. Shares in the company have dropped from their peak of more than 90p just over a year ago, falling back to between 45p and 55p amid an absence of material news. They were trading at 55.75p on Friday.

[leoneobull] 20/1/2018 10:03

Small-cap focus: Oil and gas groups see signs of recoveryHurricane Energy, Sound and Amerisur Resources will be in the spotlight this year   January 19, 2018 12:51 pm by Sylvia Pfeifer , Energy CorrespondentIt has been a tough three years for the oil and gas industry. It battened down the hatches in the downturn, but there are signs there could be light at the bottom of the barrel.Brent crude, the international benchmark, rallied to more than $70 a barrel for the first time in three years this month. Two of the industry's biggest London-listed explorers, Tullow Oil and Premier Oil, reported lower debt levels and promised rising production and Royal Dutch Shell announced its first major development in the North Sea in more than six years.Immediate investor interest will be in those companies that were heavily leveraged during the downturn and should benefit most from the rising oil price. A sustained rally, however, could also rekindle interest in the smaller players on Aim. The number of oil and gas constituents on the junior exchange has retreated with the downturn. It had 105 producers in June 2014, when Brent peaked at $115 a barrel, by June 2015 there were 100 and at the end of 2017 there were just 81 companies listed."We need a catalyst to shake up interest in the small-caps," said Al Stanton of RBC Capital Markets. "A lot of companies have survived?.?.?.?but capital is spread very thinly across the sector. Investors want bigger, better financed companies."In this kind of environment, investors need to look for exploration and production success and a handful of the larger ones will be in the spotlight this year.Hurricane EnergyThe company may not be on Aim that much longer. It is planning a main market listing following an exploration success west of the Shetland Islands. An independent report showed the total volume of oil across its main discoveries and prospects is about 2.6bn barrels.Hurricane's focus is on the Lancaster Early Production System (EPS) development, which should be producing in the first half of next year. It raised $530m last summer to fund Lancaster. Robert Trice, chief executive, specialises in a certain kind of geology known as "fractured reservoirs", which sit underneath the layers of sandstone from which oil has traditionally been produced in the North Sea.Hurricane is looking for a new chairman after Rob Arnott, an oil industry veteran, resigned from the post last year, citing corporate governance concerns. Hurricane this week said that non-executive directors had relinquished previously granted awards under a share option plan.Its shares traded at 38p this week. Arden Partners has a 70p target, noting that first oil from the EPS development is expected in the first half of 2019, "an important catalyst for the stock".Sound EnergyMediterranean gas is at the heart of Sound Energy's story, in particular the acreage it has built up in Morocco. Sound has told investors it plans to sell its Italian assets to fellow Aim-listed Saffron Energy, which will combine with its major shareholder, Australia-listed Po Valley Energy, and re-emerge as Coro Energy. Sound's shareholders will receive 33 per cent of the enlarged share capital of Coro.For Sound, Morocco will now come to the fore. The company plans to drill three wells this year starting in the summer. It expects its portfolio in eastern Morocco, in particular the Tendrara area, contains between 9tn cubic feet (tcf) and 31 tcf. Certification of its reserves should come in the next few weeks. Schlumberger, the oilfield services group, has a stake in the project and has helped fund the work to firm up its potential. Analysts note that Sound has cash of £29m, down from £38.5m in December and debt remains unchanged at €28.8m in bonds. Shares in the company have dropped from their peak of more than 90p just over a year ago, falling back to between 45p and 55p amid an absence of material news. They were trading at 55.75p on Friday.

[gary38] 20/1/2018 08:39

https://www.ft.com/content/0277835e-fc46-11e7-a492-2c9be7f3120a

[gary38] 19/1/2018 16:37

I thought you would find it interesting Buzz.

[kaos3] 19/1/2018 16:36

small flag forming ?

[buzzzzzzzz] 19/1/2018 16:21

Interesting.

[gary38] 19/1/2018 14:22

Buzz the link will give you more of an insight about Brian Marber .https://www.harriman-house.com/authors/profile/brianmarber/9568

[rackers1] 19/1/2018 14:14

for someone who said a trendline can be drawn on only two points i think you have shown to us exactly how well educated you are in markets you fool.

[gary38] 19/1/2018 13:58

BuzzI dont use what every one uses .If you want to find out where l learned my T/A read MARBER ON MARKETS._ackers1 you know this board is for Hurricane Energy investors not £5 bookie shop groupies spending their dole moneyon 3 legged ponies getting tips from your mate Kirt.

[rackers1] 19/1/2018 13:44

gary isnt very savvy

all this talk of potential averages potential support potential resistance shows he has no clue.

[buzzzzzzzz] 19/1/2018 13:43

Gary what charts are you using?

You don't look at monthly or yearly averages.

All the chartists will be using 200 day av and 50 day av, also Fibonacci reatraces.

Short term investors will be using lower time frame daily moving avs and also Fib retraces.

[shabbadabbadoo2] 19/1/2018 13:41

Fantastic engineering. What do they cost? And how do they get it down the hole with all the drilling fluids? Do they just push through it? I guess turning the pump on to pull it through the mud is a big no-no?

[laserdisc] 19/1/2018 13:06

Technical details

This type of pump is going to be used on lancaster per a posting by missdosh on lse thanks connection times look quick

[gary38] 18/1/2018 20:09

Rising I and 3 month averages acting as potential support with price being held by the l year average as potential resistance .Hopefully the potential 1 year average becomes support and then move on the attack major resistance at 67p all on the daily chart.

[bones] 18/1/2018 16:16

telbap18 Jan '18 - 09:41 - 28348 of 28350
0 0 0
Great...less liquidity......less shooters ;-)


LOL, are we drilling in Texas?

[telbap] 18/1/2018 15:41

Would seem we have a USA seller. Same issue as BOO.

[nw99] 18/1/2018 11:08

Taken a bit off the table after a great run

[telbap] 18/1/2018 09:41

Great...less liquidity......less shooters ;-)

[oilretire] 18/1/2018 08:09

Bit of press FWIW

[0rient] 18/1/2018 07:03

Haha..that has to be a drunk post the one above :-))))

[gary38] 18/1/2018 05:37

https://www.rigzone.com/news/exploration_to_increase_in_2018_but_investment_constraints_remain-17-jan-2018-153165-article/

[paulbiya] 18/1/2018 04:35

Premium listing? Why?? With aim one can trade this stamp duty free so a premium will dent liquidity

[chessman2] 17/1/2018 17:42

The cynic in me suggests the share price was taken down to accommodate the big buys.

In any event I’m extremely pleased to see the share price bounce back. It bodes very well for the future. I wonder if we have someone who is accumulating?

I’m sure hiddendepths has interesting views about the trades during the past week or two.