Hurricane Energy Share Discussion Threads

[ltinvestor] 27/10/2016 09:41

Nicebut.You are very wide of the mark but I am not prepared to say anything more on a bulletin board regarding the seller except that it is not an institution.LT

[nicebut] 27/10/2016 09:35

LFDKMP,

Markets don`t do `a bit embarrassing`...Also why do folk get so upset when someone is selling- They can`t believe that the share they own is being sold? No, it`s the simplest explanations that are normally right...IMO.

This quadrupled from earlier in the year and someone is profit taking. Good for them. It was happening before the OO and placing too- Who are the large holders here? Artemis? IMO it`s whomever drove it up from c11p...

[ltinvestor] 27/10/2016 09:33

Leeson, I agree entirely with you.I to have taken advantage of the seller by buying more.After all the company is valued on its assets and not its share price.Eventually the seller will be gone and a more realistic valuation of the company will be established.I am looking for an share price of £2-3 in a couple of years but suspect it might not be around that long.LT

[tiltedtrader] 27/10/2016 09:32

I'd much rather it behave like this rather than spiking up to 50-60p, then falling down again regretting holding on, panic striking in, then people selling out at a loss . Nice and easy does it.

[lfdkmp] 27/10/2016 09:31

Me too :-)

[leeson31] 27/10/2016 09:26

ive a feeling too now, the share price will hover around these levels prior to resolution on 7th nov... but, from a fundamental company progression point of view, this is extremely undervalued with vast potential... ive bought more now, so taken advantage of being sub 40p....

[lfdkmp] 27/10/2016 09:18

"Someone has been selling for a while- When the overhang clears it might go up? Hopefully"

I think someone a few days ago hit the nail on the head when they commented that it could be a bit embarrassing if, with a placing/open offer of 34p, the share price had motored on way past that. I am not in any way implying share price manipulation of course...!

[laserdisc] 27/10/2016 08:55

We will now be progressing a new Competent Person's Report (CPR) which will incorporate data gathered from this year's drilling campaign. The CPR publication date is targeted for 1H 2017 to coincide with approval of the Company's field development plan for the Lancaster EPS."

[nicebut] 27/10/2016 08:54

Someone has been selling for a while- When the overhang clears it might go up? Hopefully...

[dave19w] 27/10/2016 08:53

It is range bound due to the open offer i think

[taudelta1] 27/10/2016 08:49

has anyone noticed that 6520 b/d natural and 14,500 pumped exceeds the 2014 results which were 5300 and 9800 respectively, so a pretty good result, bit perplexed by lethargic share price ... GLA ...

[leeson31] 27/10/2016 08:21

all good news coming from HUR.... just need to get past the 7th nov now to get the placing formality completed...

[ltinvestor] 27/10/2016 08:18

I believe that we have a well which will be producing oil for many decades.LT

[gary38] 27/10/2016 08:14

Well done Doc and team.

[laserdisc] 27/10/2016 08:13

LT thanks for letting the board know about Malcy interview 10.30

[laserdisc] 27/10/2016 08:10

rayrac ratio of the total liquid surface flowrate to the pressure drawdown if you google oil productivity index there are some examples

[the guardian] 27/10/2016 08:10

Looks like it's going to be a struggle to get through 40p. Don't know whether people are still top slicing or selling shares in order to take up bonus shares.

[ltinvestor] 27/10/2016 08:07

Malcy's describes the productivity index of 147 as " incredibly impressive" and is interviewing Robert Trice at 10.30 am on tip tv.LT

[rayrac] 27/10/2016 08:00

What is a productivity index? And what would you call an absolutely brilliant one? 200?

[prefab] 27/10/2016 07:46

Yes LTI, the PI is the important number in that RNS. Although I'm not complaining about the flow rates either. We move on.

[ltinvestor] 27/10/2016 07:43

The magic figure in today's announcement is the productivity index of 147 which is truly outstanding and at the highest levels achievable.I don't believe that there are many producing wells throughout the world with a productivity index at this level.LT

[control1] 27/10/2016 07:41

Unlikely bearing in mind the statement that the Lincoln spud will be soon...

[scottishfield] 27/10/2016 07:14

Good rns, all in order, & CPR now being progressed. All good.