Hurricane Energy Share Discussion Threads

[theblackbaron] 15/11/2016 15:00

so my oily friends we should hit some oil in Dec before TD. I note share price always done well at that point.

[laserdisc] 15/11/2016 08:22

over on LSE they mention from end of month Hurricane Energy to be included
MSCI UNITED KINGDOM INDEX Additions I think HUR'S been selected to be included because of the momentum achieved over the last 6mths re mkt cap and the recent placing has helped considerably, it can indicate further momentum achievable, I will look up further
edit

[laserdisc] 14/11/2016 20:33

STRIL POLAR supply vessel has now left the LINCOLN field will be back in Aberdeen 5pm Tomorrow afternoon

[ltinvestor] 14/11/2016 13:22

Really not sure but he has been selling steadily now for the last 3 months.If I hear will post accordingly.I have looked upon this situation as an opportunity to purchase shares here at an artificially low price imho.

[leeson31] 14/11/2016 11:51

any estimates on timeframes to clear, LT ? cheers. L

[ltinvestor] 14/11/2016 11:47

Keep up the good work Laser.We are here to help and learn from each other and hopefully make money.The share price will receive a major boost once the seller is cleared so definitely worth keeping an eye on individual sales/ buys.

[laserdisc] 14/11/2016 11:29

10:59:52
36.4164p
171,453
£62.44k
O
10:59:38
36.4164p
225,498
£82.12k

[laserdisc] 14/11/2016 10:06

impvesta & lt thanks I had not spotted that ,I notice 500k trade earlier seems a buy, so all this consolidation with new shares new holders still being formed look forward to more news on holdings

[gary38] 14/11/2016 10:00

Sorry to all .

[ltinvestor] 14/11/2016 09:26

I do not believe that Awal have sold any shares.The recent raise meant that their shareholding fell below the 3% threshold and as such the company were obliged to inform the market.Any new institutions with a 3% or more holding will also have to be formerly announced in due course.

[impvesta] 14/11/2016 09:25

"laserdisc14 Nov '16 - 09:12 - 12190 of 12190 0 0
Awal have been on the books for some time , they were in administration, it was only time before they departed this is good news, either they have been disposed of already in the market or they were trf to new institution solid holder 08 November,we are due more rns as to who is holding what they only had 3.57% so they went under the 3% on"

Awal haven't departed. They still hold 35 million shares. It is just that, after the open offer and placing, 35 million is no longer more than 3% of the issued share capital so no longer needs disclosure.

[laserdisc] 14/11/2016 09:12

Awal have been on the books for some time , they were in administration, it was only time before they departed this is good news, either they have been disposed of already in the market or they were trf to new institution solid holder 08 November,we are due more rns as to who is holding what they only had 3.57% so they went under the 3% on 8th 6 trading days ago

[leeson31] 14/11/2016 08:59

its just the extra shs in float now, has put their overall % holding sub 3pc, but yes, they were already a holder, but above 3pc prior to placing and OO...

cheers

[the guardian] 14/11/2016 08:58

3. Full name of person(s) Awal Bank B.S.C. (in administration)

What's that about then? AWAL bank is bankrupt, so is this a sale by the administrator?

[prefab] 14/11/2016 08:57

They were already a holder Gary38, nothing has changed regarding their holding AKAIK.

[gary38] 14/11/2016 08:53

Big major new investor has brought into the HUR story which is great news.

[gary38] 14/11/2016 08:51

Hurricane Energy PLC Holding(s) in CompanySource: UK Regulatory (RNS & others)TIDMHURRNS Number : 0791PHurricane Energy PLC14 November 2016 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) ---------------------------------------------------------------------------------------------------------- 1. Identity of the issuer or Hurricane Energy Plc the underlying issuer of existing shares to which voting rights are attached: (ii) ------------------------------------------------------------- ------------------------------------------- 2 Reason for the notification (please tick the appropriate box or boxes): ---------------------------------------------------------------------------------------------------------- An acquisition or disposal of voting rights ------------------------------------------------------------------------------------------------------ An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached ------------------------------------------------------------------------------------------------------ An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments ------------------------------------------------------------------------------------------------------ An event changing the breakdown of voting rights ------------------------------------------------------------------------------------------------------ Other (please The issuer has allotted new shares X specify): resulting in a dilution of the voting shares subject to the notification obligation --------------------------------------------------------- ------------------------------------------- 3. Full name of person(s) Awal Bank B.S.C. (in administration) subject to the notification obligation: (iii) ----------------------------------------------------------- --------------------------------------------- 4. Full name of shareholder(s) Chase Nominees Limited (if different from 3.):(iv) ----------------------------------------------------------- --------------------------------------------- 5. Date of the transaction 08 November 2016 and date on which the threshold is crossed or reached: (v) ----------------------------------------------------------- --------------------------------------------- 6. Date on which issuer 11 November 2016 notified: ----------------------------------------------------------- --------------------------------------------- 7. Threshold(s) that is/are New holding is less than 3% crossed or reached: (vi, vii) ----------------------------------------------------------- --------------------------------------------- 8. Notified details: ---------------------------------------------------------------------------------------------------- A: Voting rights attached to shares (viii, ix) ---------------------------------------------------------------------------------------------------- Class/type Situation previous Resulting situation after the of to the triggering triggering transaction shares transaction if possible using the ISIN CODE ------------ ------------------------ ------------------------------------------------------------ Number Number Number Number of % of voting of of of shares voting rights (x) Shares Voting rights Rights ------------ ----------- ----------- ------------ ------------------------- ------------------- Direct Direct Indirect Direct Indirect ------------ ----------- ----------- ------------ ----------- ------------ -------- --------- 35,000,000 35,000,000 35,000,000 35,000,000 0 N/A N/A ------------ ----------- ----------- ------------ ----------- ------------ -------- --------- B: Qualifying Financial Instruments ---------------------------------------------------------------------------------------------------- Resulting situation after the triggering transaction ---------------------------------------------------------------------------------------------------- Type of Expiration Exercise/ Number of voting % of voting financial date Conversion rights that rights instrument (xiii) Period (xiv) may be acquired if the instrument is exercised/ converted. ------------ ----------- ------------------------- ------------------------- ------------------- C: Financial Instruments with similar economic effect to Qualifying Financial Instruments (xv, xvi) ---------------------------------------------------------------------------------------------------- Resulting situation after the triggering transaction ---------------------------------------------------------------------------------------------------- Type of Exercise Expiration Exercise/ Number of voting % of voting financial price date Conversion rights instrument rights (xix, instrument (xvii) period refers to xx) (xviii) ------------ ----------- ----------- ------------ ------------------------- ------------------- Nominal Delta ------------ ----------- ----------- ------------ ------------------------- -------- --------- Total (A+B+C) ---------------------------------------------------------------------------------------------------- Number of voting rights Percentage of voting rights -------------------------------------- ------------------------------------------------------------ 35,000,000 N/A -------------------------------------- ------------------------------------------------------------ 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: (xxi) ------------------------------------------------------------------------------------------------------- Proxy Voting: ------------------------------------------------------------------------------------------------------- 10. Name of the proxy holder: -------------------------------------------------------------- --------------------------------------- 11. Number of voting rights proxy holder will cease to hold: -------------------------------------------------------------- --------------------------------------- 12. Date on which proxy holder will cease to hold voting rights: -------------------------------------------------------------- --------------------------------------- 13. Additional information: ------------------------------------------------------------ ----------------------------------------- 14. Contact name: Richard Norton (a member of Charles Russell Speechlys LLP, external administrator of Awal Bank B.S.C) ------------------------------------------------------------ ----------------------------------------- 15. Contact telephone number: 01242 246357 or 01242 246804 ------------------------------------------------------------ -----------------------------------------

[laserdisc] 13/11/2016 13:23

STRIL POLAR left this morning 07:49 for
TRANSOCEAN SPITSBERGEN, Offshore Oilfields will arrive early hrs approx. 3am monday

I hope they open the data room this year after Lincoln result if the weather stays good could be slightly before 16th for an update

[oilandgas1] 13/11/2016 11:45

@gibso..

A rough short term timetable ( updated based on someone else's inputs)

Timetable
5th Nov: Lincoln Spud completed 02nov
7th Nov: 34p placing completed
Dec16: estimating mid Dec for Lincoln well update
Dec16: company aims to secure a floating production storage and offloading (FPSO) vessel for Lancaster before the end of 2016.
Jan: CPR....... where we know Lancaster base case already increased from 207mmboe to now min 300mmboe

[cfccfc1970] 13/11/2016 11:04

Laserdisc,
Thank you for the information.
Impatient like most IAE shareholders for the tankers to start rolling up!!
Will have to wait for tomorrows update!!
Many thanks again.

[laserdisc] 13/11/2016 09:55

may have but on the map vos pace presently stopped at bp miller position, I originally highlighted because it is being chartered by petrofac

[gibso6767] 13/11/2016 09:53

Thought Miller had finished , they'd started the Well abandonment about 8 years ago

[laserdisc] 13/11/2016 09:37

yes it is for Ithaca ? still got to check it was marked up that but presently think its being used on miller field for petrofac on a decommission job
Skandi Skansen, Skandi Iceman were working on Ithaca field sorry cannot see any tankers nearby Ithaca may give us an update tomorrow vos provider safety vessel close by

[cfccfc1970] 13/11/2016 09:20

Off Topic - Apologies

Laser,
laserdisc9 Nov '16 - 10:18 - 12087 of 12177 2 0
re the boats, not sure yet if this is for us or another field
09/11/2016 / VOS Pace / Petrofac / Supply Duties / 6 months

thinking It could be for Ithaca as Petrofac have used this vessel on fp field

Laser, could you kindly have a look and see if any tankers are near the FPF-1 platform. Many thanks indeed.