Hurricane Energy Share Discussion Threads

[chopsy] 11/5/2018 08:05

You say that but the board has to formally decide, all the hoops have to be jumped through etc, I'd say a few months at the least.

[steve73] 11/5/2018 03:13

Once we're listed to the main marker we're straight into the FTSE250..

Shouldn't be long now.

[stepone68] 10/5/2018 21:58

"Well, if ADVFN Buys V's Sells is anything to go on,..."

It's not.

[bloodhound] 10/5/2018 19:01

Well, if ADVFN Buys V's Sells is anything to go on, we're still looking very strong going forward.

BH

[greyingsurfer] 10/5/2018 17:04

Well past time for a proper listing then!Peter

[laserdisc] 10/5/2018 16:03

re shaw shipwatchers
NEW
Repsol requirement
a RIG/MOVE for the Stena Spey (3 x AHTS), D/D 14
15/05/18

[tom111] 10/5/2018 15:55

PP Total know all im afraid,lol

[fireplace22] 10/5/2018 15:32

Sounds like a win win job, no-one expects you to be right. Easy money.

[impvesta] 10/5/2018 15:06

"I used to forecast commodity prices for a large firm."

"No one is daft enough to think they can forecast oil price"

Hmmmmmmmmm!

[paulpaolo] 10/5/2018 12:34

If anyone could even roughly forecast oil price movements that would be worth billions in salary. They would leave and become a "local" (a private trader). Firms also buy in forecasts (nb scenarios, there often is no "central" forecast as if there were, it would hog all the attention...philosophy is recognise this price can't be forecast but scenarios with luck may encompass a wide range of outcomes and assist in developing a robust business strategy..given that you can't forecast) from economic consultancies (who will sometimes accede to client pressure and have a "central case" ), but they daren't invest based on those either. They are all given at least some consideration but current prices are key and also drive heavily the forward curve. As to Mr Trump, liberals will never acknowledge it but he usually compromises rather a lot in practise, just as Mrs Thatcher did. The iran crisis probably won't even be in the news in a week or 3.

[shabbadabbadoo2] 10/5/2018 12:05

"Firms dare not commit capital based on an analyst's long term commodity forecast. I should know, I used to forecast commodity prices for a large firm."

Why did they give you a job if they ignored your work?

[paulpaolo] 10/5/2018 11:53

Laserdisc, yes the shipwatching is interesting and can help in small incremental derisking over time, absent RNSs. I appreciate the efforts.

[paulpaolo] 10/5/2018 11:45

investors do not sit there with academic long term oil price forecast and invest in that. Gambling billions on one department's or one consultancy's forecast. If it was possible to forecast oil price movements (honestly, it is not) all would forecast same, demand (you can choose your fuel for some processes) and production assets would be built against it, forecast would self-annihilate.. peaks in price wouldn't come... No one is daft enough to think they can forecast oil price, but trying will at least help you understand what effects drove prices in the past better. Definitely hur has had a lift from recent OPs.

[laserdisc] 10/5/2018 11:25

Paulpaola shipwatch does create optimism and possibly highlights news cannot be far away.Its just an interest for me,keeps the thread ticking over while we wait for news, does show something is happening on operations front which is important when matching with co timelines . I do agree with your statement" To imagine that the share price recent rise is mainly driven by movements of a few big tugs and stuff is folly".The macro economics etc and the larger investors will decide the outcome here, not us bb posters

[ltinvestor] 10/5/2018 11:10

There is much more to the increase over the last few days apart from the increase in the oil price.I am expecting an operational update very shortly to show that all is on track and that the Transocean rig has been released from Repsol duty and will shortly be relocated to Lancaster.As we close in on Foil then a steady increase is to be expected.My holding is long and strong!

[greyingsurfer] 10/5/2018 11:06

but the future production is valued based on today's commodity pricesNo it's not! O&G assets are valued on best estimates of commodity prices over the expected lifetime of production. Short term price moves only impact on analysts valuations if they change those expectations. PIs may be influenced unduly by the spot price. Analysts and IIs are unlikely to take such short term views. Peter

[tom111] 10/5/2018 10:58

Yes we all know that thanks and the Iran crisis is not going to be solved anytime soon if you follow Trump, you have heard of him I take it

[paulpaolo] 10/5/2018 10:44

Bad news if the iranian crisis is solved as recent oil price rises are almost certainly primary driver of recent HUR share price increases, oil price falls will pull HUR share price down. In a past role i bought and sold a few large gas fired power stations, 15 year remaining life typically but market value would swing by £100s of millions according to recent spot gas prices compared to recent spot electricity prices. Same with oil and gas fields, maybe more than 10 years life, but the future production is valued based on today's commodity prices. As no one dare invest based on a forecast. As HUR shares have a growing proportion of non-PI's, this effect grows. To imagine that ths share price recent rise is mainly driven by movements of a few big tugs and stuff is folly. You all did notice the Iram crisis, right?

[hiddendepths] 10/5/2018 10:41

A short sharp shake!

[laserdisc] 10/5/2018 08:51

lots going on in the background we will have to all wait for an update
FAR SUPERIOR Left Aberdeen this morning
10/05/2018
04:20
WEST OF SHETLAND, Offshore Oilfields

[fireplace22] 10/5/2018 06:45

telbap - for the subsea work required at the Lancaster site before the FPSO arrives.

[fireplace22] 10/5/2018 06:43

Jumbo Kinetic on the move again, slightly increased draught now and heading to Dubai, is this finally the pick up of the buoy?

[steelwatch] 09/5/2018 22:28

laser - Havila Venus is pre-laying anchors for another unrelated rig, Safe Caledonia, also for BP. We are probably beginning to confuse people now, so, just to be clear, anchor handling tugs are in the process of being hired by Transocean to move PBLJ which is of relevance here.