Hurricane Energy Share Discussion Threads

[bountyhunter] 24/11/2018 13:47

or even one month's time

[thanksamillion] 24/11/2018 13:23

I bet they aren't shorting this in 2 months time. :-)

[rayrac] 24/11/2018 13:20

Stay with it and wait for liftoff...when they start pumping

[hello31] 24/11/2018 13:10

Re Blueball post to short.

The trend can be your friend but still need to Stay focused on fundamentals as well.

Hur will go down with oil price.

Hur will go up if EPS goes to plan and resources are upgraded and valued by the market.

Your strategy depends on others to sell and short so that as you are already short you will make the gain on that transaction.

Then the shorts will profit and close their positions and leave the poor investors who have followed with open positions, as always to lose out when the share price goes up.

You may be right, but I have confidence that fundamentals will mean increases reserves and increase in share price over the longer term.

Please be aware:

“SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss.”

[hello31] 24/11/2018 12:18

Stay focused and to the point on risks. 17 th minute onwards Dr Trice addresses the critique from the 2 professors at HW university.
Only time will tell, but I continue my trust in him as I have for last 18 months and through the 25p share price, and hopefully it will prove to be so.

[shanig] 24/11/2018 12:00

Which magazine's own tests showed that the Mercedes E220d engine produced fewer NO x emissions than the average petrol car. Modern diesel engines are a very different animal.

[john09] 24/11/2018 11:16

Amazed this isn’t 30p yet

[davidblack] 24/11/2018 10:55

Hyper Al recycling of lithium?

Forget it, it’s just too expensive because the actual amount of lithium used in batteries is tiny. Maybe cars just maybe.

Anyway once the world has burnt through its high grade lithium in salt deposits situated in Bolivia, Chile and Peru, we are going to struggle to get production from the remaining low grade deposits elsewhere.

So to replace annual production of 50m cars, then add in annual trucks and then start thinking of replacing the 800-900m existing vehicles and you can work out lithium, a genuinely premium battery metal, cannot do the job.

Maybe silver which is much more plentyful but that’s 10-15 years away currently.

Whatever you think of petrol it is going to have to be the “Interim”; solution for transport for decades. Just as natural gas will be for space heating.

Perhaps we should spend a few billion on actual research rather than economically nonsenseical windmill or tide powered subsidies that just gifts money to financiers.

[buzzzzzzzz] 24/11/2018 09:54

HD

That's not the only rubbish Buywell is posting.

His comments on his 30p level besed on Fibonacci is risible.

I suspect he knows as much about Fib charting as Gary!!!

[hyper al] 24/11/2018 09:35

Someone asked if I was invested in Hurricane earlier. I was, but not any longer.

[hyper al] 24/11/2018 09:33

I expect the tax system to be changed and a far heavier tax put on all energy consumption including electricity, to be honest I would still use an EV if the electricity cost as much as the equivalent in Petrol. I think the government is working towards a tax based on property Energy Performace Certificate (EPC)



Most people only see there EPC if they are buying a house and then dump the EPC in the bin. In business premises it is suppose to be displayed near your electricity meter (there is even a law that requires this!)



Government is getting strict on EPC ratings such as



I doubt the tax on petrol will ever be reduced, but certainly I see the tax on poor energy effiency rising to offset the decline in revenue from petrol/diesel.

A tax on waste is a good thing! Plastic bag tax is a good example.

[fireplace22] 24/11/2018 07:23

Saudi and Russia meeting at/with the G20 next week, decisions on any cuts will probably made there and ratified at the following weeks OPEC meeting.

[bocase] 24/11/2018 07:10

HUR share price held up relatively well yesterday when compared to Premier (-11%)
Cairn (-7%) Tullow (-6.3%)

Expects a rise if Saudi Arabia and UAE cut production as expected.

[gary38] 24/11/2018 06:35

This is the Hurricane energy board for discussions about their investment here.This is not the Green party discussion board and advice you to seek those discussion boards concerning those issues.

[hiddendepths] 24/11/2018 05:50

Silly person. Facts all wrong and very misleading!

"70% of crude OIL is made into diesel fuel" - absolute nonsense! At a rough estimate it's about 15%.

And try looking at the NOX and particulate emissions of new diesels.

The biggest culprits of the undoubted scandal you mention are engine manufacturers (because decades-old technology could have reduced the problem by well over 90%) and governments (actually encouraging diesels through lower taxation for years). I would also point out that if consumers had been willing either to pay a bit more for a cleaner car (also lorry, bus etc) or concede that there's no point having stupidly over-powered car as a poxy status symbol, the problem could long have been sharply reduced while science actually resolves the issue. Even now it's simple enough to clean up exhaust emissions with efficient catalytic converters and so on.

Another factor is that fuels are totally controlled by regulatory quality standards, which are frequently changed. The fuel manufacturers and refiners have to comply. Tougher standards have been introduced in the past, for instance eliminating lead and dramatically reducing the maximum sulphur content but I believe that far more could have been done. And still can be.

But the world needs oil, and lots of it. Imagine a world without oil - it's a scary thought. It's a perfectly valid industry, however undesirable in the long term. To avoid oil shares on pseudo-ethical grounds is a nonsense and shows a complete lack of understanding of reality.

[xxnjr1] 24/11/2018 00:18

I've already noticed some OSV's in the vicinity, from time to time steelwatch. Maybe doing some sea bed surveys? Often ride around Wytch Farm. Not supposed too. But the views across Poole Harbour from there are great. And the tarmac is smoother! Wytch Farm is a really low impact development. Most people don't even know it's there. Very well screened with conifers. As you say, long extended reach wells into the bay. The funny thing is, there's been pervasive de-forestation of pines in the area recently, including near to the processing plants. All part of a plan to protect the habitat of slow worms and lizards, or some such creatures. And restore the area to Heathland. I preferred the pines, and Deer.

[steelwatch] 23/11/2018 23:47

xxnjr - Unlikely you'll see flaring. It's going to be a vertical well in a crestal location on an existing discovery adjacent to the Wytch farm field where it extends into the bay. They will be conducting down hole evaluation to determine the prospect's commerciality and then permanently p & a-ing the well. If commercial, long reach lateral wells will be drilled from existing facilities at either Goathorn or Round Island. Quite likely that the Wytch Farm partners will purchase the licence if successful. Look for it about 7 miles out from Bournemouth Pier and 6 miles east of Studland.

[xxnjr1] 23/11/2018 23:42

Crikey! That's amazing tournesol.

[tournesol] 23/11/2018 23:37

XXNJR1
...tapping into a line, like they do in the Niger Delta…

It's not just in Nigeria…..

In 2015 a gang were found to have tapped into an Exxon fuel transmission pipeline which passes through land belonging to the Chevening Estate near Sevenoaks in Kent.

Chevening is normally the official residence of the Foreign Secretary but at the time was assigned to Nick Clegg as Deputy PM. It is a high security location so might not be an obvious place for such a heist. That seems to have been one of the reasons why the thieves picked that location. They rented an adjacent field and erected a shed. Inside the shed they dug down 3 feet to the pipeline and drilled into it. They piped the fuel into plastic drums and moved them out by lorry. Their operation went undetected for 7 months during which time they took £8 million pounds worth. Neither the farmer who rented them the field nor the armed security forces around the adjacent Chevening House appear to have found it strange that a stream of lorries were driving in and out of a shed on an otherwise empty field at all hours of the day and night. What did they think was going on?

And given the need to maintain security around the official residence of the deputy PM and Foreign Secretary, why didn't anyone in security go and check out what was happening next door? Sloppy to say the least.

see

[xxnjr1] 23/11/2018 23:26

Close to Studland steelwatch. If I see any flaring will let you know!