Hurricane Energy Share Discussion Threads

[kooba] 15/2/2021 16:33

Will volume top 100m all told ? Certainly going to be highest volume of the year and a big up day . Not necessarily expecting imminent news but if there is will be some questions.

[tarny] 15/2/2021 15:21

You've had the PUMP and now comes the DUMP

[jotoha2] 15/2/2021 14:51

All those tiny sells finding a nice home , lovely.

[whitedukejay] 15/2/2021 14:50

remind me of Statler and Waldorf

[thegreatgeraldo] 15/2/2021 14:35

or none of the above........just a few Mayfair types looking for some bombed out oilcos....

...time will tell.......... still, fun to speculate while we wait for some concrete news & an updated CPR

[ngms27] 15/2/2021 14:34

C2B, I agree entirely. But some have thrown the dice...

[ngms27] 15/2/2021 14:28

It could be lots of things including:
1) Stake building for hostile purposes
2) Pump and dump a'la Gamestop
3) Another institutional investor getting on board
4) A white knight to protect equity from bond holders

[c2b] 15/2/2021 14:26

Not investible until we know what they are going to do about the debt.

[thegreatgeraldo] 15/2/2021 14:23

ngms - could just be some clever chaps in Mayfair building a risk-on position in the sector

[leoneobull] 15/2/2021 14:22

I wouldn't want to be short with all the sleepless nights eh , Pro ? You may wake up and find HUR have been taken out...

[ngms27] 15/2/2021 14:19

It looks to me that someone is stake building. Volume is already over 3 times normal daily volume.

Very interesting.

[leoneobull] 15/2/2021 14:15

83 million turnover today so far...

[imnotspartacus] 15/2/2021 14:13

I'm glad I bought some more on Friday!!

[agnabeya] 15/2/2021 13:43

I’m delighted with the rise-last weeks buys in profit-a little. But I’m not looking beyond the rise in Brent for this rise. None of us knows what’s happening/will happen. With the vaccine roll out continuing globally- I think the potential for Brent to rise more is there. I bought because I believe this will come good- but I’ve been wrong before. GLA

[soilderboy] 15/2/2021 13:39

Fu------ me. Just looked in. 30p to go and i am even!

[kooba] 15/2/2021 13:31

Just been looking at Lincoln Crestal..what is the OGA intervention due april ? I note the company got an extension to June 2021 to evaluate before having to plug and abandon.Still think a tie back could be a low cost option to boost production through AM ..Would likely reduce overall production costs and make the continuing production at Lancaster more sustainable if/when production slipped. As a 50/50 JV could boost production by up to 5000 bopd to Hurricane. Certainly the economics of the tie back must look different with Brent recovery.Hopefully all viable options being considered.

[telbap] 15/2/2021 13:28

Maybe they have had a good reaction to the open talks in regards to a water injection well ? Happy if they continue in this vein towards 6/810p :))

[bocase] 15/2/2021 13:18

I am wondering if HUR is a target for Kistos. Some of you may have been investors in Rockrose Energy. It was bought out last year making a fortune for Andrew Austin who ran it (and a few bob for me I am pleased to say). He brought a new company, Kistos to the market in November at around 100p. Shares now around 160p and his aim is to acquire producing assets in the North Sea in Q1 this year. We shall see! I may be totally wrong but it is a possibility. He is a shrewd guy.

[m5] 15/2/2021 13:06

Well done guys.Hope this is a big turnaround for shareholders, including me!!!

[telbap] 15/2/2021 13:02

Ok so for the third time I have bought a lump to try and pull back some lost folding. Third times the winner??Let's hope so!

[noelpbz1] 15/2/2021 13:00

When a short closes they BUY - they were expecting to buy cheaper than they previously sold for.

[porrohmahnn] 15/2/2021 12:59

Intervention on Lincoln Crestal is due in April, subject to OGA approval. Maybe that approval has been granted and maybe it's a tie back rather than a P&A? Government departments have been known to leak information.

Alternatively, it might just be shorters getting nervous because the CPR is due sometime between now and end of March. If the CPR is favourable, and given the current and forecast POO, HUR is a very dangerous stock to be shorting at the moment. There is massive scope to get burned.

There's also the news that Shell is looking to invest West of Shetland. They already have considerable assets in the area so there would be a lot of costs savings if they bought into HUR's assets. I expect their first investments will be in Clair South and other assets they already have a share in, but a favourable CPR might attract them to HUR.

[tedgar] 15/2/2021 12:50

Can some one please tell me when a short closes it position do they sell shares as a sale or I they a buy

[jotoha2] 15/2/2021 12:47

Long term graph shows it is still on it's knees , so anything above 10p should be easy peasy , news please .

[jostrummer] 15/2/2021 12:41

double bottom suggests 15p - lets see..