Hurricane Energy Share Discussion Threads

[senseman] 01/12/2021 15:53

horndean - you are an imbecile belonging in a zoo. for t'others - CA continue buying as they see risk-reward ratio a financial no-brainer - simples

[senseman] 01/12/2021 15:52

horndean - you are an imbecile belonging in a zoo. for t'others - CA continue buying as they see risk-reward ratio a financial no-brainer - simples

[bocase] 01/12/2021 14:13

Horndean: I am grateful for C.A. fighting the board and winning. Aren't you?

[tradoil] 01/12/2021 14:04

How's your track record ?

[horndean eagle] 01/12/2021 13:59

Crystal amber as about as useless as they come. They have been told to wind up and the idiots just carry on making more investments. Richard Bernsteins track record is awful.

[laserdisc] 01/12/2021 08:33

spirit energy seem to be near to dispose of norwegian assets to Sval Energi but will still keep north sea assets all part of Centrica stratetgy to ‘simplify̵7; Spirit Energy JV sale

[bocase] 01/12/2021 07:54

I would be interested in other posters' views on why Crystal Amber keep buying and pushing their stake close to 30%.

What is their exit strategy? They are in it to make money like all of us so do they sea a lease extension with Bluewater as being more or less a done deal and the funding gap for Bondholder payments not an issue plus future funding for full field development being available thus a long and profitable future ahead for HUR or are Crystal Amber a bunch of idiots and throwing good money after bad. I am pretty certain the latter is not the case.

I would love to know what is driving their decision to continue adding to their massive stake.

One thing we can be certain of though is that Crystal Amber are a lot closer to the action than any of us and with that said are happy to keep adding.

[tradoil] 01/12/2021 07:30

Thanks Laser. As ever.

[laserdisc] 01/12/2021 07:04

arrival Departure of Altera Wind
AOKA MIZU (UTC 0)

2021-11-29 15:16 LT UTC Arr

2021-11-30 20:43 LT UT Dep

SCAPA FLOW, UK
ETA: Dec 1, 08:00

DRAFT 12.1... a 3.2m increase bodes very well

[laserdisc] 30/11/2021 16:35

crystal amber increase rns

[horndean eagle] 30/11/2021 16:29

HUR is being included in off of the MSCI indices at close of play today. Index trackers pushing it up. It won't last

[bocase] 30/11/2021 15:34

Thanks Laser. Your posts are driving the share price higher Keep 'em coming. LOL

[laserdisc] 30/11/2021 15:04

production variable from last rns i make it around 5% looks to be full load will know more later grampian sovereign supply earlier left Aberdeen ANCHOR -30th 14:26 LT UT so one would think offload finished sat position was 16min ago awaiting ais to update orig draft 8.9 arrives scapa tomorrow 7am so may not be leaving until mkt closes as i post its still in port

[telbap] 30/11/2021 14:59

Something afoot?

[bocase] 30/11/2021 14:52

Very interesting to see a strong bounce back in the share price today, especially when Brent is off by nearly 4%

[laserdisc] 29/11/2021 18:34

off topic LUNDIN Johan Sverdrup could be up for sale, that could create corp activity around oil co's
Response to market rumours

Lundin Energy AB (Lundin Energy or the Company) has noted recent speculation in the markets. The Company continuously engages in opportunities that are potentially value accretive to its shareholders. In that context, the Company does at times hold discussions with various parties. As of today there are no conclusive decisions that have been made in relation to any such discussions.

[laserdisc] 29/11/2021 16:40

2021-11-29 17:00 LT (UTC +2)
28 knots
347°
8°C
2021-11-29 20:00 LT (UTC +2)
31 knots
351°
7°C
2021-11-29 23:00 LT (UTC +2)
25 knots
359°
6°C
2021-11-30 02:00 LT (UTC +2)
18 knots
16°
6°C
2021-11-30 05:00 LT (UTC +2)
14 knots
28°
5°C
2021-11-30 08:00 LT (UTC +2)
9 knots
32°
4°C
2021-11-30 11:00 LT (UTC +2)
6 knots
64°
4°C
2021-11-30 14:00 LT (UTC +2)
8 knots
100°
4°C
2021-11-30 17:00 LT (UTC +2)
9 knots
109°
Expected Arrival scapa
Nov 30 - 22:00 ALTERA WIND
Shuttle Tanker
S.T.S.2 LANCASTER, United Kingdom

EDIT on 30 /11 NOW REVISED TO Dec 01 - 07:00 ALTERA WIND
Shuttle Tanker ARRIVAL
S.T.S.2

Wind under 40 k not a problem but they have chosen to start a little later as its very calm tomorrow as can be seen from above wind estimates.Tanker not going to Rotterdam doing a trf at Scapa not unusual Enquest offloads do these type of trf's at Scapa DRAFT ON ARRIVAL @AM9.2
Ships like oil tankers and gas carriers carry huge amount of cargo in bulk which does not have to be unloaded in just one port but at different ports. Even some carriers like VLCC and ULCC which are massive in size does not berth in port or jetty for discharge operation due to draught restrictions. In such condition ship to ship transfer is utilised.

A ship to ship transfer becomes very economical as ship does not have to berth at the jetty, especially for huge oil tankers, which removes the port berthing charges and also cut short the time for berthing and mooring. But all these comes at a cost of high environmental pollution and fire risk as chances of leakage in operation is always there in open sea when ship is not moored or it is moving.

this link gives details of scapa oil to terminal owned by repsol

Steelwatch may be able to add further on the trfs

[kooba] 29/11/2021 15:24

Cheers laser hope oil jumps back a few more bucks before price is set! Timing of offload seems ok from production viewpoint or do you think more weather oriented?

[kooba] 29/11/2021 15:21

I did see that this morning posted by FT commodities chap , JPM have been bullish and think oil is inexplicably cheap! The basis of the argument is underfunding in existing and new production while demand will pick up strongly as we exit pandemic ( one day!) certainly would make the numbers on extracting the last 3.5 to 4 m barrels rather interesting.Their theory seems backed up as i recently read opec+ doesn't really have the capacity anymore to raise production much...many members in less developed countries have simply not had investment to boost or even maintain production levels.

[laserdisc] 29/11/2021 15:16

offload started as i post 15:16 LT UTC running into excellent weather tomorrow

[tradoil] 29/11/2021 15:07

Jpm today forecast $125 oil 2022 and $150 2023 . OPEC real reserves lower than market assuming

[kooba] 29/11/2021 14:30

Brent Crude 76.85 +4.13 +5.68%Decent bounce from Brent as evidence from SA far from convincing Omicron presents any greater danger than Delta..if its mild and gives immunity it might well run through countries without any great harm while giving immunity...who knows what the spikey little critter can do ?So far the jury is out be nod at increased mitigation seems sensible.In the meantime recovery on Brent helpful but still well down on this latest development which is not welcome.Personally still see new highs around the corner and q1 '22 could well see $100.

[kooba] 26/11/2021 15:54

Brent off 10% ..not great timing! What a shocker.

[laserdisc] 26/11/2021 10:44

OFFLOAD : AIS now updated arrival exp MONDAY 2021-11-29 06:00 ALTERA WIND





Edit update Sat 27.11
ALTERA WIND
Position: 57° 22' 09" N, 1° 33' 20" W
Last seen: 2021-11-27 08:58 GMT
Location: North Sea, GB
Destination: LANCASTER OIL FIELD
ETA: 2021-11-29 06:00 GMT
2021-11-2703:06 GMT Destination changed New destination: LANCASTER OIL FIELD
2021-11-2703:06 GMT ETA changed New ETA: 2021-11-29 06:00 UTC
2021-11-2609:19 GMT Navigation status changed under way using engine

EDIT 28 11, expecting 24 hrs for offload thats based on est arrival scapa Nov 30 - 22:00 seems may not be going to Rotterdam this time( brent $76.32 avg futures for last5 days)

EDIT 29/11 flt out this morning

[wbodger] 26/11/2021 10:14

True, and it should have indicated that the supply vessel was being extended.

But I was wrong. Deleting #30946.