Hurricane Energy Share Discussion Threads

[cashandcard] 28/12/2016 11:17

Folks,Can someone give me an idea of what gregpeck stated in his post, advfn have removed it?Cash

[thegreatgeraldo] 28/12/2016 11:17

API of 38 at Lancaster,

[gary38] 28/12/2016 10:57

Also Leeson we potential will smash throught major resistance and then there is only open blue sky above.

[leeson31] 28/12/2016 10:53

agree Gary.. id say the least risk asset now is halifax as lancaster lincoln and haliax almost clumped together...... i think the share price wil reflect the derisking post halifax.... and there maybe buyers in for halifax to get the share price above or towards 60p..

[gary38] 28/12/2016 10:53

I think HUR will hit 60p before Brent crude oil hits 60$.

[gary38] 28/12/2016 10:45

Halifax is going to be another great result Plus data room opening will send HUR towards 60p.2017 is going to be a very exciting year for Hurricane Energy.

[gary38] 28/12/2016 10:40

Brent crude oil still moving north towards 60$.

[gary38] 28/12/2016 10:29

David No dud wells only DT wells.

[gregpeck7] 28/12/2016 10:26

At least a month after that, are they not looking to flow test Halifax as well?

[davidblack] 28/12/2016 10:21

Without raining on anyone's parade do remember Hurricane will drill a dud well at some point. It's not all oil and it certainly isn't as easy as it has appeared of late. But all these successive hits would sugggest we are knee deep in the black stuff!

So when is the betting we will have the results from Halifax? My guess is 31st of January?

[gregpeck7] 28/12/2016 10:05

No probs guys, yes genl not for widows or orphans but very beaten up as it stands and reading between the lines most if not all and more of the potential negatives are priced in.. Back to hur looks like 50p will be here soon...

[extrader] 28/12/2016 10:02

Hi gregpeck7,

I used to hold GENL in view of risk/reward but with Russia/Iran/Turkey ganging up with Assad - and none of those 4 liking the Kurds - the headwinds seem a bit strong at the moment.

Mind you, if the new US/ Exxon Secretary of State gets on the phone to Putin for some kind of 'grand bargain', that might Trump (geddit?) my reservations....



ATB

[zztop] 28/12/2016 09:57

gregpeck thanks for sharing info any stuff is good..

[gregpeck7] 28/12/2016 09:53

Hehe he plays a pretty straight bat and did not disclose.. the only other 'stick' we discussed ( and bear in mind this was probably 5 to 10 mins over a whole day) was genl.. he is pretty bullish about the risk reward prospects there...

[gibso6767] 28/12/2016 09:52

To be honest at just shy of 50p or so with a distinct possibility of 85 to 105p is better than a post office book account

[extrader] 28/12/2016 09:37

Hi gregpeck7,

Thanks for taking on board so well my somewhat jaundiced view ;->

Now, what we'd really, really like to know is what your City friend is invested in that, taking account of the scenario described, he reckons is better than HUR......

Now THAT would be something to share !

ATB

[gregpeck7] 28/12/2016 09:27

Interesting points guys, but I do listen to this chap as he put me onto hurricane in the first place in the 20's and suggested it was worth a look... I am just passing on his thoughts and based on conversations I have had in the past he is right more than he is wrong... And don't get me wrong he thinks hurricane is a cracking play just does not see things playing out here how others do...

[bloodhound] 28/12/2016 09:14

"Although his personal view was that the takeout price would be 85 - 105p and not some of the higher numbers that have been talked about...."

gregpeck7 - Let's see what the Halifax numbers come in at first. As Dr T says: "This really is an exciting well." and he isn't kidding, it's:

1/ 30K from Lancaster (18.6 Miles in old money).

2/ It's along the same Rona ridge.

3/ The aim is to prove up 'mobile' oil outside of the 'structural closure'.

4/ Then(as if the above wasn't enough) and this is the big one (it frightens me a little actually to think of this as I suspect Dr T thinks this could well be the case here) Then to drill Halifax deeper to hit the oil / water contact point. If the contact point is similar to Lancaster then that as Dr T says "Goes someway to proving it could be a single accumulation between Lancaster and Halifax".....So what price then?

Seasons greetings all.

BH

[prefab] 28/12/2016 08:49

BP couldn't stop Halifax being drilled even if they wanted to. I do however agree that 85p-105p would be a cracking price for BP, they won't be getting HUR for anything close to that although I'm quite sure they'd like to. That boat has sailed.

All the best HUR holders.

[extrader] 28/12/2016 08:30

Hi gregpeck7,

Don't want to rain on the parade (season of good will etc), but the combination of (1) price 50p, takeout 85-105, a 'no brainer' (2) imminence - pre Halifax drill and (3)said by a City type who's a non-holder, doesn't quite stack up.

ATB (former 'City type' myself)

[rayrac] 28/12/2016 08:28

Never trust anyone who works in the 'city'. They know no more than you or I.👉🏿🙈

Nevertheless, it's a cracking buy...for me and mine anyway

[gregpeck7] 28/12/2016 07:25

50p + today..

Had lunch yesterday with a guy who works in the city and I have a lot of time for. His view on HUR (as a non holder) but interested observer was that it is currently a no brainer for BP or alike to make a move.. Although his personal view was that the takeout price would be 85 - 105p and not some of the higher numbers that have been talked about....

Again his personal view was that they would be stupid to let them drill Halifax as it could just send the share price into the crazy territory if it comes in when even without it now the share is clearly worth many multiples of where it is...

The fact even he saw it as a no brainer, was telling...