Hurricane Energy Share Discussion Threads

[hyper al] 26/2/2020 09:34

I think we will see Brent sub $40 within 6 months.

Not that it matters what I think, but just needed to say it.

What would be the general impact of such a sustained low oil price on the UK oil industry and economy?

[m5] 26/2/2020 09:23

Buzzzzzz, what does that mean? If you cant expand on it its just a nothing statement.

[m5] 26/2/2020 09:21

Tam, I don't think that is what I said. What I am asking for is confirmation of the statement below. Whilst it does say the market will be informed if its outside of those expectations, I think its an opportunity missed not to reinforce that we have hit this milestone. Would you say that is unreasnoble?


"Hurricane intends to complete its individual well flow test on the 6 Well before the end of this month and thereafter intends to flow both the 6 Well and the 7Z Well at a combined rate of approximately 20,000 barrels of oil per day. The Company intends to discuss the data acquired from the separate well tests and the subsequent combined flow at the Capital Markets Day on 25 March 2020, unless at any time prior, that data is outside of expectations"

[whitegold1] 26/2/2020 09:18

Hi M5. Glad you didnt take umbrage at my post - good. The share price weakness/ strenth is hidden/ being drowned out by the swathe of macro issues I fear. DrT knows he needs a storming rns update on or before the CMD. There should be interest at these prices for me. Fear is driving disinvestment. Good luck fella - bigger nuts than me!

[buzzzzzzzz] 26/2/2020 09:14

A lot of the leaking is coming from Spirit Energy if I am not mistaken.

I met a person last summer who was VERY well informed about HUR and he connections to Spirit.

[thanksamillion] 26/2/2020 09:09

What do you want, a daily report explaining in detail why HUR is so underpriced?

[whitegold1] 26/2/2020 08:50

Sji ... Champagne, whiskey and Irun Bru delivery. Simples ...

[whitegold1] 26/2/2020 08:48

M5 ... you.re being naive. The 'boys' need to be informed first. Watch the share price - it will tell all. Hurr is leaky. Good luck fella - canny buy in price ...who woukd have thought?!

[m5] 26/2/2020 08:39

It really is an opportunity missed for the BOD not to RNS that we are producing 20k BOPD. Yes we can assume that we are as we have not had anything to say otherwise, but come on guys, a bit of IR would not go amiss.

[sji] 26/2/2020 08:31

@laserdisc: Thanks once again.

[laserdisc] 26/2/2020 08:28

edit duplicate post

[laserdisc] 26/2/2020 08:28

no just operations continue. another flight later today, the ais not showing so we are restricted on tanker movements ,but sure enough when it leaves we will get some info on draft etc

[sji] 26/2/2020 08:25

@laserdisc - thanks for your continuous updates. What does the helicopter flight indicate please? Does it mean that the offload is nearing completion? TIA.

[loafofbread] 26/2/2020 08:13

Mcap of £300m and a £30m offload. Has to be a rns. Different when we were worth £1B!

[laserdisc] 26/2/2020 08:07

1st flight on its way

[tournesol] 26/2/2020 08:04

Arregius

Keep up at the back!

The Grampian Sovereign isn't a tanker. It's a supply boat.

[buzzzzzzzz] 26/2/2020 08:02

One for the oil another for the water!!!!!

LOL

[arregius] 26/2/2020 07:23

2 tankers around Aoka Mizu. The big one petroatlantif and another smaller one seems to be grampian sovereign. https://www.marinetraffic.com/en/ais/details/ships/shipid:200255/mmsi:235097474/imo:9653484/vessel:GRAMPIAN%20SOVEREIGNToo much oil for one cargo?

[davidblack] 25/2/2020 23:29

Can anyone explain why this stock is lower than before the FPSO was sailing to Dubai? Hell before that deal was even signed.

The price seems just wrong?

[mallye] 25/2/2020 22:40

Is the AM unloading to 2 tankers? Marine Traffic shows 2 tankers close to the AM. Petroatlantic and another smaller unspecified tanker. Or is it just an anomoly on MT?

[m5] 25/2/2020 21:59

laserdisc, top man, some great info there, cheers.

[steved] 25/2/2020 19:20

laserdisc

thank you for all the ship watching feedback. Like you I believe and have great confidence in Dr T and have been here many years. I haven't sold a share during this rather depressing period of late and will be looking to add a few more here and there.