Hurricane Energy Share Discussion Threads

[cashandcard] 04/5/2017 16:01

Let's see what the CPR brings.

Cash

[leeson31] 04/5/2017 16:00

were looking at a min of 2.4bill as it stands oip anyhow on lancaster... i feel theyve been conservative.. we shall see, tmrw possibly.. dont sleep in :-)

[cashandcard] 04/5/2017 15:59

Leeson,


Those are huge numbers. But Lancaster has proven to be a huge field. I think they will have considerable interest for a deal, whether its an acceptable deal to management is another question.

Longterm, its win win.


Cash

[leeson31] 04/5/2017 15:55

on abve figures, at $3b valuation on lancaster, and even on just ~3bill barrels OIP, thats $1/b oip, or $4/b recoverables...... conservative imo...

[leeson31] 04/5/2017 15:50

cash, weve been told 591mmbo recoverables, using 25pc RF, thus infering 2.4bill barrels... but, would todays price action and vols suggest a much higher figure than 2.4bill to you?? i think it does....... i think ~4bill barrels OIP ++, or, a farm in news, which would then be able to let the market value the GLA and GWA, because if say for example, BP buy 33pc of lancaster for ~$1billion, that therefore values 100pc of lancaster at ~$3billion, and GWA about $3bill too, and parrtial added value to whirlwind, typhoon and strathmore, perhaps ~$1b for these, totalling ~$7billion.... which is why a farm in deal and associated terms, is crucial, and derisks everything.

So, CPR, or a farm in........... thats about the current extent of possible speculative conjecture on my part at present.

:-)

[kirtonender9] 04/5/2017 15:45

Bigdazzler That may be the case for some punters but I have the cash to pay for the shares if necessary but prefer a core holding and trade T20s to keep my share account balance creaping higher and that is whats happening. Also I trade the T20s using charts.

[cashandcard] 04/5/2017 15:43

Agreed, got to be the CPR. Put some firm numbers behind Lancaster.


Cash

[sheep_herder] 04/5/2017 15:43

Especially when you could just open the same size position via an SB. Never understood T20'ers.

[bigdazzler] 04/5/2017 15:40

kirtonender94 May '17 - 14:18 - 20201 of 20212 0 0
Rayrac
I have a core holding but trade others on T20s. So I have to close before "pay day" then open another or more T20 etc,







Putting time pressure on your trades and also high costs of frequent expensive trading on T-20's the road to the poor house long term imo. #justsaying.

[shakudo] 04/5/2017 15:31

CPR at the printers no doubt. Out tomorrow or Mon.

[telbap] 04/5/2017 15:17

Ngms is busy negging on the sou. Thread.He has some real solid knowledge but for sure his cup is half empty.

[buffythebuffoon] 04/5/2017 15:06

"Some decent movement at last..... wonder why today though?"

Must be the bran.

Buffy

[big7ime] 04/5/2017 14:57

AMER just struck oil again, they are on a roll!

[terry hardacre] 04/5/2017 14:56

Volume only 12 million shares today though. Not enough to represent serious insider interest in my opinion - might just be a significant breakout that has snowballed the buying. Who cares for now, but rumours of buy outs etc are premature IMO

[f1araway] 04/5/2017 14:54

What the hell is a, "Roumer"?

[rutter] 04/5/2017 14:52

Still got legs by the look of things. Long time waited for this kind of day

Would like to have heard ngms two penny worth

[francis55] 04/5/2017 14:46

Roumer an Israeli co interested

[leeson31] 04/5/2017 14:36

specially, when then NAV is billions of $ ... a few $ drop on oil makes no diff to HUR. this is nav play imo, massively discounted to it.

[kirtonender9] 04/5/2017 14:18

Rayrac I have a core holding but trade others on T20s. So I have to close before "pay day" then open another or more T20 etc,

[leeson31] 04/5/2017 13:49

an attack at 70p this arvo ?? :-)

[rayrac] 04/5/2017 13:43

Looks like some take profits at below the bid. But if times are hard and it means decent food on the table..then who can blame them? I think many sail close to the wind, so like to sleep at night.

Otherwise I can't for the life of me, see a reason to sell down here!

[master rsi] 04/5/2017 13:33

Profit taking or the normal retracement induced by MMs?

after reaching 67.75p there was a sudden marked down to 64.50p, that is 38.2% fibonacci retracement, the normal MMs workout or you could say the order book manipulation.

The positive part now is order book got strong again on the bid side, were not long ago was level to negative from time to time

DEPTH
bid side 41
offer side 24

volume and Breakout bullish

[rayrac] 04/5/2017 13:29

I see no harm in insider dealing...as long as it's on the upside and I'm holding the shares!

Really, this has been held back and now some are complaining about lack of news! No pleasing some peeps?

Look at it like this, for those who keep taking profits. We would all think we'd been done if someone offered £1.50 share...well I would! So just enjoy the ride and thank you're lucky stars and how smart you are in buying the darn thing in the first place?