Hurricane Energy Share Discussion Threads

[fireplace22] 08/6/2018 07:50

I think CA are still very enthusiastic but HUR is currently still over 25% of their portfolio.

[hiddendepths] 08/6/2018 07:44

Good. They have been clumsy sellers in the past. At least they are doing it in a far more professional way these days - selling when demand is high - but not so much that it destroys the momentum.

It is good to have large, loose holders being taken out and replaced by those enthusiastic right now at current prices.

[ltinvestor] 08/6/2018 07:14

It looks as though Crystal Amber have further reduced their holding from 6.9% to 6.4% according to today’s release.Despite this selling the share price is making steady progress...

[the guardian] 08/6/2018 07:14

Crystal Amber rns shows 6.4% holding in HUR. Down from 6.9% if I am correct.

[bloodhound] 07/6/2018 23:17

"I read 1600...."

Telbap - Most of the measurements I've made over the years have tended to be larger than they actually are, its a man thing;-)

BH

[sloppyg] 07/6/2018 20:18

Cash flow projections in Jan-19.......would that require FOIL a couple of months earlier given payment terms etc ?

[telbap] 07/6/2018 19:04

BH.......i need glasses! I read 1600....past 50 and things don't work like they used to!

[d1nga] 07/6/2018 18:12

Heard a rumour offshore today that hur are looking at tying something back to pmo solan

could be true as solan is struggling with downhole pump issues and has spare production capacity on the installation

[zztop] 07/6/2018 17:58

Think we are having one of theseIt dont happen often so we must enjoy itCould last for years?"paradigm shift"a fundamental change in approach or underlying assumption"geophysical evidence supporting Wegener's theory led to a rapid paradigm shift in the earth sciences"

[francis55] 07/6/2018 17:19

Premium listing will raise market cap and either drive share price higer and or attract buyers so we win both ways and if we can get CPR on the other fields then the value is even higher. Shorters come bud this up please to at least 100p by Mar 19.

[bocase] 07/6/2018 17:06

Gary38:

I think any offers to date would have to have been notified via an RNS

I stand to be corrected though

[gary38] 07/6/2018 16:58

Just my opinion once Foil and with 6 to 12 months no problem oil production BP will be the preferred T/O company which to me have given the HUR board the confidence to turn down any offers to date.

[hiddendepths] 07/6/2018 16:52

Now that's what I call an auction! 1.24 million shares at 48p.

Something has changed in the way Hurricane is perceived. I feel that a significant rerate is under way as it has become Respectable, not an AIM punt. I doubt that we'll have to wait for first oil to see new high ground. It could happen pretty quickly imo, as long as oil prices hold up.

[hiddendepths] 07/6/2018 16:52

Double post. Just changed the battery in my mouse and it's gone mental!

[hiddendepths] 07/6/2018 16:52

Triple post!

[bloodhound] 07/6/2018 16:46

"Always a risk somthing won't do as it should with deep water wells"

Telbap - It's only 160m off Lancaster, I can free dive deeper than that....;-)

BH

[bocase] 07/6/2018 16:37

Nice closing auction...helped by the stronger oil price no doubt.

I will never moan about the price of petrol again!

[prefab] 07/6/2018 16:34

Thanks to the AGM attendees for their feedback it's appreciated. Looking forward to trouble free completions then full steam ahead for the rest of 2018 and FOIL.

[laserdisc] 07/6/2018 16:32

deep water wells ? not really

[telbap] 07/6/2018 16:27

Brent spiking, us with it.As said before, any short term spike over 50p will come only with AM sailaway and then hook up when on site. Always a risk somthing won't do as it should with deep water wells, let's all cross all crossable parts that we don't get landed with that.

[gary38] 07/6/2018 16:09

A speaker did try to get Dr T to say earlier promting Malcy saying you will have to try harder than that as Dr T was having none of it .

[chopsy] 07/6/2018 15:54

How about at the back end of Q4 2018?

[gary38] 07/6/2018 15:51

I think l heard DR T at the AGM say they were working towards FOIL at the front end of HI rather than the end of H1 if all goes to plan .

[someuwin] 07/6/2018 15:12

Malcy...

"Hurricane Energy

I attended the Hurricane AGM yesterday, I am not normally an AGM attender but as this is the annual occasion for a ‘state of the nation’ presentation by CEO Dr Robert Trice it is always worthwhile. The detail of the presentation is now all on the company’s website and is worth a visit, particularly the timeline and comments on monetisation.

All I would add in these respects are that the company is still very much on target for first oil in 1H 2019 as all the pieces of the jigsaw are put together. Aware that Hurricane is in the sights of many bigger oil companies, and that they themselves have no plans to develop out to full field status and their preference is to ‘monetise our resources in a timely fashion’, Trice said that he didnt expect any meaningful commercial discussions would take place until they had had ‘6-12 months of steady state production’.

There is clearly a feeling amongst HUR investors that with operational achievements probably ahead of the game, production might start at least at the beginning of the 1H 2019 window, next year is going to be one of great excitement for the company and its investors."