Hurricane Energy Share Discussion Threads

[gary38] 09/11/2016 09:15

Reverse hammer candlestick just formed on the daily chart making a potential rise back to resistance at 53p.

[bigdazzler] 09/11/2016 08:54

Yep I've grabbed more this morning below placing price.

But anyone that thinks this is a one way bet short term is deluded. Still clearly by me buying this morning I think it's worth the risk of adding.

[gary38] 09/11/2016 08:51

US will need plenty of commodities to build the countries infrastructure and that includes oil .

[theblackbaron] 09/11/2016 08:43

arrr its leeson the Afren king how you doing my lad !

[the guardian] 09/11/2016 08:37

Terry, do you know of any brickmaking companies in the Southern USA that I can invest in because I think that they are going to need a lot to build a wall?

That's right, they're building a wall and Mexico is going to pay for it.

I don't know what shocks me most - Trump becoming President or our share price sitting down at 34p without receiving millions of buys.

[laserdisc] 09/11/2016 08:32

Excellent news 34p seems a bargain if you can get em, especially if one takes a longer term view, siem garnet left rig area last night be back in Aberdeen tonight, polar supply vessel has moved to waterloo quayside so that supply vessel should be sailing to rig soon

another 100mbs for the cpr I hope

The CPR identified P50 Prospective Resources of 150 million barrels in the Lincoln field. Following the success of the Pilot Well drilled by the Company on the Lancaster field, the Company believes that the Lincoln field could have unrisked Prospective Resources of up to approximately 250 million barrels assuming the Lincoln prospect is analogous to the Lancaster field

[control1] 09/11/2016 08:25

I would if TD gave me my money back...!

[gary38] 09/11/2016 08:04

Grab as many you can at these prices because you will not get this chance again.

[scottishfield] 09/11/2016 07:35

Yes, nice one

[the patient investor] 09/11/2016 07:24

Jam jam jam

Tomorrow

Maybe

[gary38] 09/11/2016 07:22

Making great progress .

[leeson31] 09/11/2016 07:09

nice day to spud, drain the swamp lol

[control1] 08/11/2016 22:59

Wish TD would hurry up and sort out the allocation, money that could be put to good use (especially possibly tomorrow) is tied up.....

[hopeful holder] 08/11/2016 19:19

The value of the company is increasing as the number of shares in circulation has also increased. I didn't expect the so to fall to this level but it does present a conundrum of when to buy again / how low will it go.As my open offer will be scaled back I will have funds to make that purchase as will others in the same boat. So cash is available and this will provide some buying pressure in the next days / weeks.Sometimes I think I look at the bulletin boards too much and although the amount of knowledge and expertise is excellent, I have to remind myself that I am in here for the year that we strike "first oil" rather than an EPS. So why I read so much about day to day fluctuations I will never know. :-)

[leeson31] 08/11/2016 17:27

The mcap right now is £415m including the newly issued placing stock. Lets say there is ~£85m(placing plus leftover from lancaster drills) cash that values Lancaster and all other assets at ~£330m and this is pre cpr, and there's a min Base case 300mmbo on Lancaster. Which, values each Lancaster barrel at c£1.10/b this is pre Lincoln drilling too. And the cpr should give us the Lancaster p2 where at present all we have is min Base case (300mmbo). The p2/b can easily be valued at c$4/b. Lincoln already is at 150mmboe 2C, and its considered to be analogous to Lamcaster and only 7km away.. i think HUR will materially increase lincoln too in the same way that it is with lancaster. so an mcap at £415 imo is pretty cheap...

Lots to play for irrespective of the current share price slide post placing.. I think we just need the newsflow to commence as the share price right now is more related to the placing affect rather than operations and co. growth..

if Kerogen and CA were happy to stump up £50m at 15p, still hold even when share price around the 40's, then be a big part of the ~£70m placing along with now blue chip investors, id say they're looking for much bigger gains from 34p, as they did and are from 15p.

We all know how this sh1t works, just need to wait for current drop to find buyers, and at ~34p peeps would be in at same price as institutions, and not ones wanting to flip stock either.

Cheers

[terry hardacre] 08/11/2016 17:22

12,057LOFL!

[jacks13] 08/11/2016 17:21

That's no way to talk about Hillary!

[idleduck] 08/11/2016 17:20

HUR is allowing a 60-day window for this well, or at least that is my understanding. I suppose the market will use that as an excuse to drive the price down to 30p or so, sadly, albeit after whatever lift the Lincoln spud delivers

[leeson31] 08/11/2016 17:07

Or a Lincoln spud to set the newsflow off hereon... :)

[the guardian] 08/11/2016 16:59

A swathe of buying would be more appropriate at the current share price

[terry hardacre] 08/11/2016 16:57

Does anyone know when we will receive our shares from the OO? Looks like concerns about a swathe of selling once PIs receive those are now unfounded!