Member Info for BurrenBoy

Yes, to ensure bondholders get lots and lots of free shares for debt swap!!

Get ready, the price of oil is flying up. HUR are making more and more profit every off load.

Between two holders.

Between two holders

Because it wasn't a buy, it was a swap!

BigBear2
Based on your statement do you have shares in HUR. Just curious if you still think there's value or have you sold?

The sad thing is that nothing at allon these boards can affect the share price, it's all just to pass the time! We dont have enough stake and if we did we wouldn't be writing here!

It's just a smoke screen. Like betting on heads and tails!!

If you short and thenbuy shares they cancel each others benefit out, therefore looking at short positions is meaningless!

Just look at short tracker, you will soon know! Its accurate to that amount of trade.

Probably the same way Robert Trice came up with the resource estimates!

A positive is that Antony Maris is starting from the all time low, even without a CEO the company couldn't do any worse! Antony will not want to be the one that finished HUR off. No one takes on a new job expecting failure!

Suddenly we have out of 18,000 bopd as the well currently shut in is surprisingly turned back on!

The share has just been manipulated, that's all. Probably resources haven't fallen by 90%, highly unlikely.

If more resources are declared we may be able to drill with existing cash and therefore avoid dilution. HUR will soon have in excess of 100 million.

There is very likely huge manipulation on the resource. The original or current estimates cannot be taken, it would be too much incompetence. The real resource is known but probably not being disclosed, if its somewhere in the middle that's a lot of millions to be added.

Thank you for the comments.

Not such a bad deal if they get 7.5% for an extra 3 years, and the equity. If all goes to plan HUR could have multiple producing wells across multiple fields, oil could be 75 dollars by 2025

What I meant was we give 20% to 30% of company to bondholders in exchange for new terms, possibly extra 100million for forwards work plans, all bundled up on the current 7.5% coupon and extended to 2025.

That's what I also think, maybe 20% to 30% dilution with bond terms extended to 2025 with extra financing.