Hurricane Energ Share Price (HUR)

Yes.
I remember you said it was mentioned in a CPR.
But if it's important, why is HUR talking about six months production being the key thing?
Why not three years?

Longwait

The models predicting water breakthrough in Year 3 are not mine!
There are 2 of them covered in the Lancaster CPR. One is Hurricanes own model and the other is by RPS. They have similar results. Hurricane model a Low Case that assumes oil will not flow from below structural closure and that results in the water breakthrough. Hence, until they explain the WD failure to flow then the risk remains significant (IMHO). They remain economic, but without the upside potential. I suspect the CMD next year may be when they seek to explain.

All the best

Thanks guys sent donation £10.00

Thanks, SIPP.

'Hurricane is also mulling a number of funding structures, including “those that do not result in a reduction in licence equity”.

The company also provided an update on the Whirlwind discovery, saying it was not a suitable candidate to be tied back to Aoka Mizu.

Subsurface and development teams are working on the best appraisal option for Whirlwind.

And Hurricane will relinquish the Strathmore asset, which, unlike the firm’s other reservoirs, is sandstone, not fractured.'

I can get back in the freezer now and dream.

https://www.energyvoice.com/oilandgas/north-sea/208189/hurricane-starts-exploring-options-for-full-lancaster-development/