Hurricane Energy Share Discussion Threads

[gary38] 06/12/2016 09:40

All CA and Hudleston share selling through desperation or paying christmas wage bills and bonuses is being brought up by new big investors and new private investors as price stays steady.

[garymegson] 06/12/2016 09:39

Apologies if this has already been posted.

Malcy on Hur 5/12

32:20 Minutes in

[gary38] 06/12/2016 08:46

Seems some selling still going on from Hudleston and CA.Once they have finished price should start rising not counting news from drills and data room when it opens.

[cashandcard] 06/12/2016 07:09

Buffy,At Lincoln yes that's correct.Cash

[buffythebuffoon] 05/12/2016 23:20

Hi Cash,

I seem to recall reading somewhere that the Company believes oil to be present to 2,135m TVDSS, 3-400m below the structural closure reported in the 2013 CPR. Is that your view?

Buffy

[frew34] 05/12/2016 21:29

Here's an interesting interview about what's next for the oil price - this analyst is basically predicting a $40 to $50 price for the foreseeable future

[bones] 05/12/2016 20:58

CA sold at 39.69p for 5,726,000 shares. Gotta assume that was snapped up judging by the ongoing effort to get back above 40p.Despite the constant increase in share numbers arising from the fundraisings, the actual share price of 43p continues to be a psychological barrier which people are unable to cross above. That was also the original float price in 2014.I expect this to motor north if that level gets cracked on big volume. The 2014 high of 53p may then be challenged.

[leeson31] 05/12/2016 19:19

I think yr right cash. It appears the released data thus far only covers or allows for 1644m td. Whereas seemingly the resource is much bigger /deeper....

[cashandcard] 05/12/2016 19:13

Lesson, Gibso, Gary et all One of my burning questions has been how far down did pilot well go? We simply know last reported depth was 1644m where they continued to encounter oil with similar characteristics to Lancasters.The presentation may be indicating an answer. The image of Lancaster as a buried hill shows a pink line for pilot and horizontal. I know its not to scale - but clearly the pilot goes beyond the 3C contour and the end of the line is around 1800-1825m.I vaguely remember a poster on lse (was it sulisker?) writing they had gone all the way to 1825m and ended the well back in September-October.Perhaps I'm reading too much into it?Cash

[bones] 05/12/2016 19:01

I mentioned a few weeks ago that CA have a pleasant problem. Their large investment in HUR has been so good that the holding is over 30% of their NAV which must be giving their compliance people a nightmare.They are participating in the 34p raise as well and they have 20p warrants. Probably makes good sense for them to unload some to the market at higher prices especially if they are overloaded as a fund. Better to sell at 38p in the market and contribute to the company real cash for 34p.

[prefab] 05/12/2016 18:38

You never know, there may be a lot more between Lincoln and Halifax. ;-)

[gregpeck7] 05/12/2016 18:37

Lincoln described as a low risk well?

[leeson31] 05/12/2016 17:52

It has increased yes but thats the min base case. So we'd expect much more for the 2P classification. ..

They also put in the pdf that between lincoln and Halifax there's 500mmbo .....

[zztop] 05/12/2016 17:35

Hurricane presentation today says Lancaster holds 333 million barrels is that the news we've been waiting for, or will hurricane increase this figure h1 next year?

[gary38] 05/12/2016 16:19

Possible bottoming out of dip followed by the next push up on positive news and breakout through potential resistance and open blue sky.

[gary38] 05/12/2016 16:15

Plus data room opening any time this month.

[gregpeck7] 05/12/2016 15:51

Poo also flying and hur not seen any uptick as a result.. yet.

[cashandcard] 05/12/2016 15:20

Lincoln results soon, perhaps imminent. That will be followed by the conpany-making Halifax well.Cash

[gary38] 05/12/2016 15:16

Must be some news about to be released as price has started to rise.

[cashandcard] 05/12/2016 14:57

Excellent presentation. Pretty much indicating roughly what they've found with redline and CPR figures (albeit out of date from 2013) to put numbers against it. Cash

[sandbag] 05/12/2016 14:37

FSAwatcher,

See post 12786.

[zztop] 05/12/2016 14:33

is the buyer a stake builder a nice t/o for Christmas?

[fsawatcher] 05/12/2016 14:33

cristal amber not finish sellin

they jus startin to reduce

who can blame them

they got loads of shares at 15p

[fsawatcher] 05/12/2016 14:31

CA taking profit before lincoln drill prob coz they know Hurricane might come back to them for more cash coz hurricane gonna blow all cash on lincoln and halifax

they need more money if they gonna drill warwick as well