Hurricane Energy Share Discussion Threads

[leoneobull] 17/12/2020 06:20

Malcy has taken HUR off his bucket list having pump d it for years? Great news...he took PANR off his bucket list saying it had been very disappointing.....it has since gone up 500% Why even Pro has been pumping it..

[steelwatch] 16/12/2020 21:39

Tide Spirit en route to Aberdeen is another possible.

[steelwatch] 16/12/2020 21:02

Current Spirit underway to the Statfjord oilfield. Keep lookin'.

[laserdisc] 16/12/2020 20:23

28 days since offload 18. Say avg prod 12000 x28 days = PRESENT ESTIMATE 336,000 presently avail for next offload, if we add further production till 24th December that would increase to EST 432000 avail Ball park figures tanker will arrive as when Brent is following upward trend $51 tonight, grampian sovereign visited today to unload,flights as norm

[laserdisc] 16/12/2020 18:22

Thanks Steel also presently avail are Jasmine Knutsen at mc duff along with Petroatlantic
i will keep monitoring. A poster slift over on lse says On the Bassoe App, under latest fixtures, Transocean Barents has been awarded a new 120 day contract. Estimated dayrate $280k, April start date, operator unknown."
i will investigate think its in norway presently ,canetois building a decent holding now so will continue, also have a position in Aym but more research needed before adding further so prepared to wait on that one after its recent run i will wait for update

EDIT UPDATE Transocean Barents not Hur !

[steelwatch] 16/12/2020 18:16

Hi laser, yes, headed for Glen Lyon. There is another due to depart later:



One of the newer LNG powered shuttles. Probably destined for elsewhere, but you never know until the Jolly Roger is hoisted.

[canetois] 16/12/2020 18:03

Keep up the good work laser, there's a good lad. Your input on here probably leads to the most uplifting feelings for those on here with any sense. Most of the rest of the stuff on the blog is simply noise, guess work or wishful thinking. Something that can be substantiated and then happens is, in my view, worth reading and paying attention to. Thanks again.

[laserdisc] 16/12/2020 16:52

TUGS now in attendance so will be leaving shortly destination not yet known

[laserdisc] 16/12/2020 15:38

flight now returned from AM, Whilst checking noticed 2 Royal Air Force AGRSOR31 and 32 ..i suspect over on training came up from Northallerton North yorkshire tailing 2 french B20'S all the choppers returning from oil fields keeping a wide berth this afternoon

will check this evg re tankers one in scapa flow due departure this evg but could be for glen lyon


PIRATE04 now just departed from northallerton heading for B20 over Edinburgh

[ngms27] 16/12/2020 15:27

What! Impossible such a play isn't on Malcys bucket list for 2021:

He used to purr over this.

[deltalo] 16/12/2020 12:22

Buys coming in strong, should tick up soon, We should be over 10p a share by now imo.

[cappajumping] 16/12/2020 09:29

Lets use the interims to throw forward a bit. This company could be profitable to be about $20-40m if it can pump 15-20k bopd and the selling price of oil can average $40 as long as its cost profile doesnt radically change. Cast to a p/e sector average of just over 16 and you could get a fair valuation that would double to triple todays price. There is no suggestion that this couldnt occur. The ongoing discussions are about how to extract more oil than current volumes, brings more costs but more revenues on an oil price that is no longer challenged due to drastic supply cuts. Yes there are funding headwinds etc along with the very cloudy Spirit issue. Lets face it 95% of the bad news is in the price. I think the next announcement will be timed after the year end and will be positive and constructive on the back of rising oil prices through 21 into 22.

[telbap] 16/12/2020 09:13

Nice BS spoke with no bid following the action

[ngms27] 16/12/2020 08:04

Depends whether you are an oil producer or a fizzy water producer and in what quantities.

[deltalo] 16/12/2020 06:55

Looking good for huge value recovery here.Let's see a blue day now.

[leoneobull] 16/12/2020 05:26

Crack open the Perrier folks!!Oil nudging $51. Goldman Sachs predicting $65 oil for 2021 : )

[leoneobull] 15/12/2020 19:12

They were screaming for gas in Morocco. cough SOU

[pro_s2009] 15/12/2020 19:07

You mean TXP thats up what......500% in 2020 ?

That stock........the one thats likely to rise another 400% in the coming 18 months.

That one......TXP......... where they have discovered world class gas fields.......in a country short of gas and screaming for it......and its all onshore.....

Yes...that one :)

:)

[leoneobull] 15/12/2020 19:03

Yawn, Pro you are taking valuable time out from ramping TXP....

[leoneobull] 15/12/2020 19:02

Give us a FWP baby..https://oilprice.com/Energy/Oil-Prices/Goldman-Turns-Bullish-On-Oil-Sees-65-Brent-In-2021.html

[pro_s2009] 15/12/2020 18:58

I hope you all get news this week.

I mean, the holiday period "news" is generally the bad news dump. So this week should be ok.....later than that is not good unless its then January ?

The issue with taking a long time is..........the longer it goes on it means that they are struggling to find a viable solution. If things are simple and easy you have a solution quickly....if it drags on and on and on and on it means that, well.....things are not easy or straightforward.

Most likely funding is the issue - and arguments, aka, discussions, going on about how to fund the FWP - eg - who is willing to take the gamble on it, and who wants their money back asap.

[mhin2] 15/12/2020 18:30

I thought the new BOD stated they would be more communicative....does not seem like it...Poo at 50 is not bad (not great) for hur...time for some news...what is the bod not wanting to communicate?