Hurricane Energy Share Discussion Threads

[leeson31] 07/2/2017 09:34

hur wont go it alone to production, so any deal formed will allow for the farm in partern to pay for capex in some way or all....

[leeson31] 07/2/2017 09:33

capex $6/b, actually. please see co presentation last week.

missed out have we. lol

[csjcsl2] 07/2/2017 09:31

capex $40/b so hur need $40 to break even.

[leeson31] 07/2/2017 09:25

opex $26/b look at co presentation last week...

missed out have we :-)

[csjcsl2] 07/2/2017 09:24

still high risk here, production costs $40, oil only has to dip down to around $45 and hur could find it difficult to raise the money

[chessman2] 07/2/2017 09:15

I'm sure Standard Life are feeling bad as they reduced or sold a while back. I'm also sure insti buying will arrive soon.

As gibso indicates, the rise yesterday was probably conected and yet most of us were already sure about the good news, more of which is yet to be confirmed....I hope.

[ngms27] 07/2/2017 09:03

I also think BP are the most likely suitor, after the completion of Halifax.

[nicebut] 07/2/2017 09:03

Thats me out. GLA.

[hiddendepths] 07/2/2017 08:54

Watch out for Pension Fund and Insurance Company buying, not to mention big international Hedgies. A few big instis could easily absorb any profit-taking and then some. The market cap is now big enough that the big boys can start to play - once they notice and have enough brokers banging on about the stock!

I'm still keeping a weather eye on BP. They've been actively involved in HUR from the word go and I believe it's only a matter of time before they smash and grab the company. Luckily, BP are always very slow to make such acquisitions and end up paying way more than they need......

[gary38] 07/2/2017 08:48

The usual trader short term buys and sells who follow with l left it to late to buy .I will wait till it drops down to 9p.I should of sold when 20p now its 17p.I should of brought at 35p now it 40pAND SO ON.CRAZY.

[ngms27] 07/2/2017 08:45

Lincoln as a standalone has to be North of 500m barrels and very probably 700m. Warwick is potentially much bigger given it's similar areal extent BUT it's 500m updip of Lincoln I believe.

[puffintickler] 07/2/2017 08:44

For once I think the market reaction has been rather muted first thing.

[cashandcard] 07/2/2017 08:42

I could not get my head around Lancaster 7z not having a final depth and final ODT. Brilliant update. Seriously, the good Dr and his team have been playing this conservatively all along, a third party is letting us know that now. I suspect Lincoln and Warwick could be a to a similar magnitude if not bigger.


Cash

[leeson31] 07/2/2017 08:28

i think its just profit takers from last weeks 46 to 50p buyers brigade..

[terry hardacre] 07/2/2017 08:23

Recent history has proven that it's difficult to take a bad long position here right now...


LOFL, except the one I took out first thing. One day Rodders, one day...

[ngms27] 07/2/2017 08:15

I prefer 'Power to the People' who have invested in Hurricane. Here comes the Good Life.

Todays RNS has essentially told us what we already knew ;)

[telbap] 07/2/2017 08:12

The above post wil only mean something to those born in the late 60s or early 70s or those who like 80s sitcoms!

[telbap] 07/2/2017 08:11

Can we top a Bilwillon barrels over both fields Rodders.......this time next year Rodders, this time next year.....;-)

[terry hardacre] 07/2/2017 08:08

Could this be the start of the news run that sees us up to a stronger price for farm-in or equity raise? The conservative language of Dr T is quite intriguing - no shooting his mouth off. I find that rather inspiring in light of the track record of under-promise over deliver.

Managed to open a sneaky long position at 56.36 - it was over 58p at one point on the open. Hoping this has legs to 60p+ now - whether today or at some point in the not too distant. Recent history has proven that it's difficult to take a bad long position here right now...

[oilretire] 07/2/2017 08:02

& equals a farm into one field only :-)

[hazydaisy] 07/2/2017 08:02

Hurricane Energy’s 300mln barrel estimate for Lancaster field is deemed “too conservative”



investors.co.uk/companies/news/172764

[pounddreamer] 07/2/2017 08:00

two fields equals two CPR's equals more news, etc........

[the guardian] 07/2/2017 07:54

Two large fields increases our options as far as sale or farmout goes. Well done Dr T.

[oilretire] 07/2/2017 07:49

We now await the results of the Halifax Well which is designed to evaluate our exploration model which describes Lancaster and Halifax as a single hydrocarbon accumulation."