Hurricane Energy Share Discussion Threads

[xxnjr1] 02/11/2018 10:39

Enjoy your time off laserdisc!

[the guardian] 02/11/2018 10:37

Have a great time laser. I really appreciate your posts.

[hiddendepths] 02/11/2018 10:29

Hope you're doing something pleasant laser!

[twixy] 02/11/2018 10:00

Safe travels and thanks for your significant input - much appreciated!

[hiddendepths] 02/11/2018 09:54

As deramps go, that's powerful enough to make me sell all my shares.

When xxnjr1 reads these responses to his post he'll probably be totally mystified!

Rayrac - just kidding - right?

[laserdisc] 02/11/2018 09:49

4 weeks of no shipwatching from me then will be back 1ST DECEMBER this will free up board for any hur related topics, no need for a new discussion board thread

[laserdisc] 02/11/2018 09:49

4 weeks of no shipwatching then will be back 1/12 This will help free up board for any hur related topics, no need for a new board

[rayrac] 02/11/2018 09:46

So it’s not a de-ramp? Then why mention wave height now! Look guys, it’s going to get worse...sell

[enfranglais] 02/11/2018 09:21

If gary was born on the date given, he would be 80 years old!!
They say that old age & childhood are the closest, which might be the reason for many of his posts?

[greyingsurfer] 02/11/2018 09:19

And this looks like a de-ramp... ????

[rayrac] 02/11/2018 08:38

And this looks like a de-ramp...


xxnjr12 Nov '18 - 08:20 - 34420 of 34421
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Wave height at Lancaster location is about 6.5ft this morning. Doesn't happen very often at this time of year, but today it has.

[rayrac] 02/11/2018 08:33

Price of oil is a concern..and Trump an even bigger one!

[xxnjr1] 02/11/2018 08:20

Wave height at Lancaster location is about 6.5ft this morning. Doesn't happen very often at this time of year, but today it has.

[telbap] 02/11/2018 08:04

hTTps://www.bluewater.com/fleet-operations/our-fpso-fleet/aoka-mizu/Have a look at the above link.

[the guardian] 02/11/2018 07:50

I think you mean "What are the worst sea conditions that the AM has operated in historically."

I don't know but with all the mods it has undergone, past operation is probably academic anyway.

[francis55] 02/11/2018 07:30

What's worst sea's AM has been used in the past?

[bocase] 02/11/2018 07:14

Motley Fool article published 31/10

"Today’s higher oil prices have sparked new interest in oil exploration companies, as the price of a barrel hovers around the $76 level.

The risks are still there, for sure, but a stronger oil price lessens them a little while significantly boosting the potential rewards. But which companies might I go for?

Profit next year?
I’m increasingly liking the look of Hurricane Energy(LSE: HUR), as recovering oil has helped push the share price up by 50% since the start of 2018 — though it’s fallen back a little since oil has declined from its $86 peak.

Hurricane’s operational update this month showed that its progress is very much on track, with first oil from its Lancaster field now targeted for the first half of 2019. Together with other assets, we’re looking at total 2P reserves and 2C contingent resources attributable to Hurricane of around 2.8bn barrels of oil equivalent.

Commercial viability
Potential reserves aren’t enough, though, as others have come unstuck in being unable to extract them commercially or just not having enough cash. But though there’s a modest loss on the cards for this year, Hurricane is forecast to turn in a pre-tax profit of £98m in 2019, followed by £185m the year after.

Forecasts for 2019 also suggest a P/E of only around 15, and I see Hurricane Energy shares as good value at that level.

There’s still a question of whether the oil price will hold up, and the recent reversal is very likely holding some investors back. But it might just be giving us an extra buying opportunity at bargain prices before the price of a barrel steadies — and even a stable price around today’s $76 makes Hurricane look attractive to me."

[gary38] 02/11/2018 07:02

AM making good headway at 8.2 knts and will be by the end of day near the island of Crete .

[lfdkmp] 01/11/2018 21:58

"Daft thing being I'm sure he'd be great to sit and have a beer with."

Not sure he'd be old enough.

Alternatively you might need to wipe with the dribble napkin.

[gary38] 01/11/2018 20:27

AM arrival date at Valletta in Malta is 6/11/2018 .

[hopeful holder] 01/11/2018 19:25

Gary uses to use a separate BB and that seemed a sensible thing to do. It certainly attracted less issues about his posting than it currently does on here and lse board.It's a shame as his early posts and research were appreciated by myself.Unfortunately I have filtered as the.constant RB of CA became.too.much.Daft thing being I'm sure he'd be great to sit and have a beer with.

[greyingsurfer] 01/11/2018 17:05

Well that's a fair point!

[f1araway] 01/11/2018 17:03

I can't agree. $120/ barrel wouldn't make a difference as long as it is being manipulated in this way.