Hurricane Energy Share Discussion Threads

[chessman2] 03/5/2017 12:16

hd, that 920,000 trade was possibly a buy at 58.11p as it went through at 10.26am last Friday, not yesterday.

In any event high turnover is better for us holders. The share price is certainly strong again today which I hope, is a good indication of what is in store for us.

[leeson31] 03/5/2017 11:53

yeah, agree. imo, we'll see a minimum of an OIP figure of 2.4billion barrels... but if my hunch is correct, and reasoning for cpr being delayed in that the field is much much bigger, then maybe we'll be surprised with some big ~4bill barrels oip... CA may sell partially in that demand, but i think that sort of news would see much higher demand than any ca effect of supply.. because ppl then would start thinking ' well if lancaster is that big, then halifax must be.....'. :-) then lincoln..... i still reckon this is massively discounted to nav.

[buzzzzzzzz] 03/5/2017 11:53

Why would they hold CPR back?

If it's good it would get the share price higher better for raising money and farm in or bid.

Some people are too Machievelian for their own good.

[davidblack] 03/5/2017 11:43

I think we are now long past the lack of staff access. My guess is they are having extended conversations about volumes, cpr assessment boundaries and recovery assumptions.

Just a guess of course but they are the usual three issues: size, data assumptions estimates and possible recovery rates.

Any of which if materially wrong might impact the competent persons ability to work because of their need to carry professional indemnity insurance.

But it will come with my bet being next Monday.

[leeson31] 03/5/2017 11:26

yep.. what we do know, is that the CPR techie guys couldnt get answers to questions ffrom the HUR techie guys because the halifax drill went on longer due to much deeper anticipated ODT level, and we know big majors have been in the data room, drooling. so id say the HUR techie staff have been helping the cpr guys in april and is nearrrrly ready, but as you say and i agree too, its been held back because the data is part of an also imminent deal with a major on lancaster...

[rutter] 03/5/2017 11:22

Leeson Sounds a greatb theory....hope you are right....but as RT said "Imminent" over a month ago, I suggest something else is ongoing behind the scenes. Just my opinion.

[leeson31] 03/5/2017 11:18

i heard there's been a surge in abacus sales in the last month....

[davidblack] 03/5/2017 11:15

Leeson yep spot on I have it on good authority that the calculator didn't have enough zeros.

So they went off to WH Smith's looking for a Casio and a couple of spare batteries just in case.

Hot off the press!

[buzzzzzzzz] 03/5/2017 11:01

If CA are finished then will see gradual rise I hope......then it will be smashed by all who are waiting for the CPR before selling.

[leeson31] 03/5/2017 10:24

maybe it takes longer to count up more barrels, and their calculators don't allow for enough 'zeros'... :-)

[rutter] 03/5/2017 10:19

I would rather NOT see a CPR this week. It would then be "reasonable" to assume that it is being held back for some or other reason. Although for the life of me I can't see why such a document should be witheld from PIs and only for the eyes of BP and chums. GLA

[hiddendepths] 03/5/2017 08:06

Yes gregpeck - a reasonable delay is allowed if it's an ongoing transaction. Say, they placed an order to sell 10 million shares, they are allowed to defer the holdings RNS if it's not complete.

The other point is that the authorities seem to be pretty lax about enforcing the holdings RNS rules so I suspect they are broken much of the time.

There are also ways of playing sales using derivatives which circumvent the rules. One example is if they lend out the stock to the market to be shorted with no intention of getting that stock back. Yet technically they still hold the shares until the lending period is over.

[shares188] 03/5/2017 07:19

No news yet!

[gregpeck7] 02/5/2017 20:53

Hey don't if it's part of a larger transaction.

[fatnacker] 02/5/2017 20:40

No need laser, they have to inform the market at 1% intervals

[laserdisc] 02/5/2017 19:43

Will be able to check C A monthly holdings via their website usually updates around 8th of month

[fatnacker] 02/5/2017 19:19

I don't see a further holding rns from ca yet people still think they're selling?

[laserdisc] 02/5/2017 19:10

Ship watchers Spitsbergen on the move again this afternoon' believe Acker BP involved with anchor handling vessels

[chessman2] 02/5/2017 18:04

hd, it shows as 58.118 at 10.26 this morning which if correct is surely good news as it is only a touch below the bid of 58.25. I should have thought that such a large sale would have got much less unless there was a ready market for it.

Wishful thinking perhaps on my part. My money is still on a take away by BP; why else are they still raising money?

[mike_f] 02/5/2017 17:51

Hopefully that's the last of Crystal Amber's spring clean!

[hiddendepths] 02/5/2017 17:47

920,000 sale gone through. OK, which of you guys was it?

[mike_f] 02/5/2017 16:55

It was close :) next couple of days for sure... GLA

[sheep_herder] 02/5/2017 16:36

Mike_F, the only breakout was the wind Rayrac was trying to hold in but couldn't. ;-)

[telbap] 02/5/2017 16:34

Rayrac......82 years young, I doth my hat to you Sir or Madam.

[rayrac] 02/5/2017 15:51

What I wouldn't give to be 51! Still, I'm only 31 out the wrong side and not feeling my age at all!👉ㇿ9;😱💀🆘