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HUR Hurricane Energy Plc

7.79
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hurricane Energy Plc LSE:HUR London Ordinary Share GB00B580MF54 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.79 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Hurricane Energy Share Discussion Threads

Showing 81751 to 81768 of 95950 messages
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DateSubjectAuthorDiscuss
24/3/2021
10:40
NGM its not your opinion that`s the issue(with me at least) ,its the constant repetition of it and all things negative that you post in a condescending manner.
whitedukejay
24/3/2021
08:31
Me too but i strongly believe there needs to be a long hard look at the board , in particular the NEDs here to see if there is sufficient robust challenge to look across the assets and capital structure and make some fair and sensible decisions.
kooba
24/3/2021
08:14
I'm hoping that there is some light at the end of the tunnel for equity.
ngms27
24/3/2021
08:11
In contact with company recently the CPR timeline still the same so yes we should have something to discuss very shortly.Difficult to know if they will wrap results due and production data into synchronised communication but over the net few weeks should be a clearer picture for better or for worse!
kooba
24/3/2021
07:57
5 trading days left to get the promised RNS with the CPR released.At least then we will have something meaningful to discuss along with the OGA data on April fools day.
ngms27
24/3/2021
07:38
Bore off little troll
tradoil
24/3/2021
07:24
Whitedukejay, people who have a different opinion to your own are always annoying. Even more so when they are also proven right.
ngms27
24/3/2021
06:58
(Not sure if the paywall will prevent the full article being read)

Banks see the oil super-cycle intact and the recent correction 'useful' in that is prevents over investment in new supply and prices soon to resume their upward track.

Most see oil averaging over $70 next year with some still expecting to see over $100

bocase
24/3/2021
06:34
https://www.theguardian.com/environment/2021/mar/24/uk-government-to-allow-new-north-sea-oil-and-gas-explorationMinisters will allow oil drillers to keep exploring the North Sea for new reserves, despite the government's pledge to tackle carbon emissions, as long as they pass a "climate compatibility" test.The government has offered to help the North Sea oil and gas industry cut its carbon emissions through a joint investment of up to £16bn to help support 40,000 North Sea jobs. In return, the industry has promised to cut its carbon emissions by 50% by the end of the decade.
leoneobull
23/3/2021
18:07
They are producing a lot more than txp's legacy oil in Canadian sands though.
leoneobull
23/3/2021
17:52
ngms27
23 Mar '21 - 16:55 - 24635 of 24636
0 4 0
I smell factually incorrect Taurus Merde:
Lancaster well 6 seems to be performing quite well so far by using a pump to encourage oil to be sourced laterally and reduce the water intake. Looks to me that the more oil that flows laterally from all sides of the FB reservoir [reserves and resources] and the sandstones then the slower the water level will rise.

...Main driver is the aquifer? QED.......

thegreatgeraldo
23/3/2021
16:55
I smell factually incorrect Taurus Merde:
Lancaster well 6 seems to be performing quite well so far by using a pump to encourage oil to be sourced laterally and reduce the water intake. Looks to me that the more oil that flows laterally from all sides of the FB reservoir [reserves and resources] and the sandstones then the slower the water level will rise.

Err no, sorry.

ngms27
23/3/2021
15:48
A decent post from LSEronokprospectsToday 14:34The revised oil/water contact [OWC] level by the new Hur team was a 'Reality Check' for me. The new level and the implications for oil reserves/resources appear to have pretty well accepted by most people. Crystal Amber's theory of perched oil, or similar, below the OWC level will have to wait on facts and figures to substantiate this. Good if they can.Lancaster well 6 seems to be performing quite well so far by using a pump to encourage oil to be sourced laterally and reduce the water intake. Looks to me that the more oil that flows laterally from all sides of the FB reservoir [reserves and resources] and the sandstones then the slower the water level will rise. Results so far are encouraging with substantial revenues being banked. Time will tell how the well performs going forward.The price of oil is crucial to Hur's progress. I am optimistic that the price of oil will be maintained at a reasonable level. It is to a large extent a controlled commodity by the big players. Saudi Arabia gave the other big players a taste of what a free for all could result in. Russia and others I would now expect to be more cooperative in controlling oil production to meet demand. Saudi Arabia has talked about becoming a 'swing producer' which would certainly help to stabilise world oil production and price levels. The effects of Covid-19 on oil demand will gradually reduce. That Saudi Arabia episode and Covid-19 certainly did no favours to Hur's bank balance.The Competent Persons Report [CPR] may give us an insight on where Hur might go from here. An increase in the FB reserves and resources would help confidence somewhat. An idea of the extent of the sandstone reserves and resources could be a game changer depending on what they are. The proposed connection to Lincoln I had thought to be uneconomic due to the revised OWC being carried over into other reservoirs. Maybe we will get an update on that.The best way forward that I can see is to look for partners to buy their way into a percentage of Hur's prospects with cash and oil well drilling.The West of Shetland is still of interest to many oil companies. They have areas close to Hur's prospects. Shell said recently that the West of Shetland was one of their areas of interest. Daltry mentioned in one of his posts recently The Peoples Republic Of China . Could they get involved?. A lot depends on the C P R and how experts in oil companies assess the possibilities. I would think this way forward would produce a better outcome for shareholders than a takeover would.All as I see it.Ron
leoneobull
23/3/2021
14:49
I think any interest of a director in the equity or debt of the company should be declared in the report and accounts...may be wrong?
kooba
23/3/2021
13:57
Lets face there are a few on here who must have been smoking something weird...
ngms27
22/3/2021
18:17
Is there not a statuary obligation to show who the CB holders are and at what level , another rubbish day here , and on it goes.
jotoha2
22/3/2021
18:03
Kooba. No need to be rude old boy. Daltry held for 15 years and is very close to former HUR management. I believe Gggh Gggh who holds the CBs also mentioned that it was likely Kerogen are also major bondholders.
leoneobull
22/3/2021
16:38
So Kerogen are the largest bondholder because a bloke on another bulletin board who knows a bloke who was invested 15 years ago says so...that my friends is due diligence. The fact that they had a nominated director who never declared the holding is very concerning to me.I do not believe Kerogen hold conv bonds...but maybe we will see their cunning plan to force through a restructuring to nick the assets transpire when they own the majority of the company through the back door.
kooba
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