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Greglittlepecker
One of numerous articles, this one date just 10 days ago -
"When I last wrote about Hurricane Energy (LSE: HUR) in June, I warned things could get worse. But I have to admit I didn’t think the Hurricane Energy share price would fall by another 50%. Unfortunately that’s what happened on Friday, when the company said its Lancaster oil field may contain nearly 90% less oil than previously thought. Hurricane shares have now also fallen by 90% in 2020. Is there any hope for this former market darling, or should shareholders bail out now to avoid the risk of a total loss?
What happens next?
Unfortunately, I don’t think Hurricane Energy’s share price is ever likely to recover to the levels seen late last year."
Now get off our f00king BB you troll.
Filtered
Topped up 40k (15.15ish) and happy this time next year me and the rest of the LTH will be partying in Trinidad.
Gregoeck - what is your reasoning for spreading doubt and gutter dribble here
DO YOU NOT KNOW WHERE TXP are in their hugely successful story
Have you done NO RESEARCH - thought not
You are pathetic
GOOD BYE
No downside here with the huge Cascadura discovery already in the bag
GLALTH
Having read Greg’s post and modas operandi I would suggest not to engage. I have reported the posts/vendetta to admin to review.
Chinook is now close to total dept, with the existing discoveries values already dwarfing the MCAP and an announcement also due imminently around the gas contract with State owned NGC revenues will do the talking.
TXP fully funded both for Chinook and Cas Deep.
I suspect well over 5p.
Im happy to just discuss what price TXP will be in a few weeks, I say sub 50.
Greg while you talk your nonsense what does your CEO say,
Reflecting these new technical interpretations, the Company's unaudited estimate of 2C contingent resources in the Lancaster field has been reduced to 58 MMbbls remaining from 486 MMbbls in the 2017 CPR.
· The Company's estimate of the OWC in the Lincoln field is now 1,846 metres TVDSS (± 50 metres), compared to a range of 2,109-2,325 metres TVDSS estimated in the Company's 2017 West of Shetland Assets CPR ("2017 WoS CPR"). Accordingly, the Company's unaudited estimate of 2C contingent resources for the basement alone in the Lincoln field has been reduced to 45 MMbbls gross, compared to 565 MMbbls gross in the 2017 WoS CPR.
· More definitive estimates of the range of reserves and resources will be made available in an updated CPR in Q1 2021.
Operations - Greater Lancaster Area ("GLA")
· Hurricane continues to adhere to the strict procedures in place for UKCS offshore activity during the COVID-19 pandemic, with negligible disruption to the Company's operations during the period.
· The Aoka Mizu FPSO continues to deliver excellent uptime, with an average of 99% in H1 2020.
· Lancaster EPS production averaged 14,600 bopd for both H1 2020 and the year to date ended August 2020. Prior to the recent scheduled shutdown, field production of c.15,000 bopd was from the 205/21a-6 well alone on natural flow, with the 205/21a-7z well currently shut in to manage reservoir voidage and pressure decline.
· In light of the revised interpretation of the OWC, the area of the P1368 Central licence outside the determined Lancaster field area is being voluntarily relinquished and, following relinquishment, the Company will be released of its obligation to drill the Lancaster commitment well.
What does the CEO say about the wall of cash coming and we wont even talk about your share graph as it hurts me laughing. To be honest so are so stupid you are a embassaement to yourself. I know it hurts.
Well at least he has admitted I was correct
Even a thankyou....
I didn’t think TXP had any debt, thank you for educating me and spurring me on to do my own research. I agree they have $15m of debt with nearly $7m cash when last reported.
At least it’s not $230m with no chance of repayment when due.
You can buy at the mid now.. This ramptastic episode is coming to an end soon...
bully, it is a right dog but that comes with DYOR like l did here, if l boy is clever he will have a large short.
I would be too embarrassed to even post on the merits of the other board, shame others not as savvy as we here and long term
gets even better. Even a total muppet would not even post on a stock that is reaching TD on proven hydro carbons.
I didnt mention debt vs cash, it was quoted in that paragraph.
I merely said TXP had some debt. NGMS told me "it had none"
But he is a known liar....
He made this statement (on the HUR board)
Maybe you guys should keep the little ramper over here...
NGMS on TXP
"Except they have no debt..."
I simply corrected him and thanked him for showing me this share as its a good short opp....
now come on Greg, you should know we have plenty of cash available for development , please watch the last update presentation for further info if your not aware,
GLA LTH
that's a very small timescale on the face of it , ill stick with Sunny day on Thursday , a strong gas kick may slow us up
GLA LTH As long as its postive ill be happy, now when are we going to sign the deal for the off take agreement , ?
This has been well ramped by NGMS but equity dilution coming to develop this resource. Nice short... You can see the money flowing out now.
will be slow and steady...We are nowhere near TD. far from it. I figure another 8-9 days before TD.