Hurricane Energy Share Discussion Threads

[thegreatgeraldo] 03/12/2020 18:07

I'm intrigued to see where they're planning to terminate this water injector..... below the OWC, obv..... directly below the heel of the Lancs 6 well? or off near the toe to give the sandstone oil a push?

The nearer the heel or toe the water is injected, the greater the local pressure impact, but that runs the risk of increasing coning at the heel or upping water producton from the toe. Moving away from the heel or toe reduces the water risk, but reduces the pressure support neare the producing sections....tricky......

Still don't get why they've focused on a water injector rather than sidetracking 6 &/or 7 to "resevoir" nearer the attic..........or a brand new producer into the attic

[d1nga] 03/12/2020 17:52

And more negative and it's down to less than 2p.

Going to be tricky drilling that water injector

[deltalo] 03/12/2020 15:43

I'm quite happy with a few percent rise a day, we had are spike up to 5.5p on the 24 November and will soon move towards that and beyond. Just keep your nerves and buy as much as you can and hold. Slightest positive news will rocket this up instantly,Gla.

[tcarter66208] 03/12/2020 14:11

It's coming

[ngms27] 03/12/2020 13:50

For those interested in short selling and whether this applies to HUR:

[cobra kai] 03/12/2020 13:44

My sensei has put me in attack mode, his command is kill kill kill mms.

CK
Strike First
Strike Hard
No Mercy.

[markbarker] 03/12/2020 12:49

Interesting

[htrocka2] 03/12/2020 12:28

Shorts closing..

[sf5] 03/12/2020 12:11

Interesting populist article. Not clear whether IPPR have any clout

[sirmark] 03/12/2020 11:35

Hope so .... could do with it getting to double digits for Christmas

[tcarter66208] 03/12/2020 08:34

Going to move today, squeeze.

[ngms27] 03/12/2020 07:35

Sorry Pro_S2009 but these are all untested discoveries. Risk remains that they may still not be commercial.Disclosure: TXP is my largest shareholding.

[pro_s2009] 03/12/2020 07:17

Hi Leoneobull.....see the news on TXP (Touchstone Exploration)

Four discoveries from four wells now.

This one "best to date".

Exceed expectations again.

So much gas and so much pressure they had to stop early.

Now need a Monster Big Rig to drill the deep zones as just "so much gas".


Maybe you need to deramp Touchstone more.....since you started at 70p its continued booming with more and more success !!!

[thegreatgeraldo] 02/12/2020 18:20

keepitsimple5
2 Dec '20 - 16:44 - 21698 of 21699
0 3 0
"Oil Rises As Surprise U.S. Crude Draw Offsets OPEC Uncertainty":



...Tiny crude draw, big rise in product inventory...

..."US. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 0.7 million barrels from the previous week. At 488.0 million barrels, U.S. crude oil inventories are about 7% above the five year average for this time of year. Total motor gasoline inventories increased by 3.5 million barrels last week and are about 4% above the five year average for this time of year. Finished gasoline inventories decreased while blending components inventories increased last week. Distillate fuel inventories increased by 3.2 million barrels last week and are about 8% above the five year average for this time of year. Propane/propylene inventories decreased by 0.8 million barrels last week and are about 7% above the five year average for this time of year. Total commercial petroleum inventories increased last week. "

...From today's EIA report

[cobra kai] 02/12/2020 16:58

I intend to get out of my dojo, to join the battle with the experts here and karate the mms faces.

CK
Strike First
Strike Hard No Mercy

[keepitsimple5] 02/12/2020 16:44

"Oil Rises As Surprise U.S. Crude Draw Offsets OPEC Uncertainty":

[back2basics1] 02/12/2020 15:41

SP may rally here towards the close.

[deltalo] 02/12/2020 15:28

Up down up down, just crazy, who is sell at this level I wonder. Just need a surge and it'll leave the sellers behind to move on. This does move fast when it wants. 80m mkcap is many times under its true value, that's for sure.

[ngms27] 02/12/2020 14:49

Who are the derampers you are referring to? i.e. That infers that some posters are deliberately trying to lower the share price to gain financial benefit. That's certainly not myself.

[ngms27] 02/12/2020 14:37

nopolipo, you call that a reasoned argument!

One word, unexplained.