Hurricane Energy Share Discussion Threads

[laserdisc] 17/11/2016 16:53

ocean researcher seismic vessel out of water at hull arrived yesterday ? info purposes for me

[leeson31] 17/11/2016 16:36

closed at 36.5p in the auction, but was at 37p at the close in open play.. nice to see a bid of end of day buying.... we need to see higher highs and higher lows from here...

[laserdisc] 17/11/2016 14:38

stril polar has made good headway 37nm away should arrive by 5-30ppm. approx. 200mins

[ltinvestor] 17/11/2016 12:01

Hi Rayrac, it has just occurred to me that wasn't your wife unwell and you asked for advice on this BB.I seem to remember offering advice as I have a medical background?If so how is it going?

[leeson31] 17/11/2016 11:06

Ray: no, re Huddleston...

agreee re rig costs, but the only issue with finding oil is the after thoughts and complexitites of development, though dr trice did say they feel theyre buying at a cheap time of the rig seasonal cycle.

imo, they will prob sell lancaster eventually, but they have the added factor that theyre getting the eps done first, so can at least get 20k bopd production whilst they decide what to do with it.....

cheers

[rayrac] 17/11/2016 10:57

Btw, which Hudleston is it? Not the so called film star?😂ԅ91;🏽

[rayrac] 17/11/2016 10:53

If they can pick up an existing FPSO at a good rate, then they should do much better than Tullow, who, I think, went for a new build for a field offshore Africa, which cost a $fortune! There must be stacks of secondhand gear available? That doesn't mean it would be any more unreliable though. Tullow have had a big problem with their new one.

You can see I'm bothered by the cost of field development. It's not just finding the darn oil. But there, you guys think it's going to be sold on to a big boy? Perhaps!

[leeson31] 17/11/2016 10:34

thx prefab, think i was having a senior moment now im 42 ! lol cheers

[bones] 17/11/2016 10:22

I think Hudleston held over 100M at one time (around flotation time in Feb14). As Prefab says, he has been a seller and in fact sold a mountain of them at the lows to a willing Crystal Amber :)

Hudleston's holdings are through the vehicles, Taheh and Matopos, in case you look back on this history.

[gibso6767] 17/11/2016 10:18

Hudleston what a man ,next james bond as well ,taylor swifts ex

[laserdisc] 17/11/2016 10:11

thanks eventually we will find out our new institutional shareholders

[prefab] 17/11/2016 10:05

No, he's disposed of them. The RNS clearly shows a reduction in holding. I'm not concerned he's been reducing for a long time.

[zztop] 17/11/2016 10:04

Peeps though a seller was lurking... Is it this?

[laserdisc] 17/11/2016 09:53

could it be 1:76 NOT TAKEN UP? on the oo

[leeson31] 17/11/2016 09:42

:-)


and a check too, is to look at actual amount of held stock from prior rns's..... cheers

[prefab] 17/11/2016 09:42

Leeson, he's sold 5.3m - Went from 42,934,903 to 37,676,412.

[laserdisc] 17/11/2016 09:41

thanks leeson31 these rns often seem to be hard to decipher but these lines confirm
An event changing the breakdown of voting rights YES
An acquisition or disposal of voting rights NO
SO ALL THESE TRANSACTIONs on or prior to 8/11
1:76 NOT TAKEN UP?

[leeson31] 17/11/2016 09:35

NONE have been sold...............


the issued stock from the placing on 8th nov diluted his holding, thus triggered the new holdings % rns...

he still has ~42.9m shs

if you look at a holding rns from May 2015, he had then 42.9m shs

( )

NONE have been sold.. he now simply holds 3.13% whereas PRIOR to placing he had a higher % of overall held stock.

:-)

we can expect rns's of this nature from stakeholders who had more than 3pc prior to placing...............

relaxxxxxx :D

[gary38] 17/11/2016 09:22

Could be the new shareholders talked about by the Doc.

[gary38] 17/11/2016 09:20

James W Hudleston is the seller .l wonder who brought most of those shares .

[adam] 17/11/2016 09:17

So only 37 million more to go.... this could take a while

[gary38] 17/11/2016 09:11

Hurricane Energy PLC Holding(s) in CompanySource: UK Regulatory (RNS & others)TIDMHURRNS Number : 4487PHurricane Energy PLC17 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 NO ----------------------------------------------------------------- --------------------------- An acquisition or disposal of qualifying financial NO instruments which may result in the acquisition of shares already issued to which voting rights are attached ----------------------------------------------------------------- --------------------------- An acquisition or disposal of instruments with NO similar economic effect to qualifying financial instruments ----------------------------------------------------------------- --------------------------- An event changing the breakdown of voting rights YES ----------------------------------------------------------------- --------------------------- Other (please NO specify):Capital increase -------------------------------------------------------- ------- --------------------------- 3. Full name of person(s) James W Hudleston subject to the notification obligation: (iii) --------------------------------------------------------- ----------------------------------- 4. Full name of shareholder(s) Lynchwood Nominees Limited (if different from 3.):(iv) --------------------------------------------------------- ----------------------------------- 5. Date of the transaction 8.11.2016 and date on which the threshold is crossed or reached: (v) --------------------------------------------------------- ----------------------------------- 6. Date on which issuer 8.11.2016 notified: --------------------------------------------------------- ----------------------------------- 7. Threshold(s) that is/are crossed or reached: (vi, vii) 4% --------------------------------------------------------- ----------------------------------- 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 (xi) (xii) ------------- ------------ ------------- -------------- --------- ------------ ------------ ----------- GB00B580MF54 42,934,903 42,934,903 37,676,412 3.13% ---------------- ----------------- -------------- --------- ------------ ------------ ----------- 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 ---------------------------------------------------------------- ---------------------------------------------------- 37,676,412 3.13% ---------------------------------------------------------------- ---------------------------------------------------- 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: ------------------------------------------------------------- --------------------------------------- Calculation based on Total 13. Additional information: Voting Rights figure of 1,202,860,397 Shares with a nominal value of 0.1p each. ------------------------------------------------------------- --------------------------------------- 14. Contact name: James W Hudleston ------------------------------------------------------------- --------------------------------------- 15. Contact telephone number: [phone] ------------------------------------