Member Info for daltry

I heard that HUR (from a good source who should know) also sell to Shell. Are they there?

Correct ! DE

Yes, Genghis is correct.
One can sell (or buy) a forward market date whenever. It can lock in a forward 'to be delivered' cargo still underground. As long as they close the paper contract, or deliver the oil t the market on the contract due date instead, they are fine.
Usually, they close the paper contract when the physical oil is sold to a buyer in a physical contract.

"Manipulated"

Thank for the info, JohnPWH.
Not to split hairs, but I paid for my shares@ 45p .
He was given his free at day one.
For the record, I am a fan of Dr. T. as a geologist, not a CEO.
We need a city Mandarin to get this SP up. 10p to 45p is a big ask in percentage terms. ....

BD = Barrels per day, in this case , methinks...

Genghis - How many share do the BoD own? Not many. Wonder why? So why should they care about the SP. They have free options etc. Can I have some free money options please?

People said that about the recent hiring of the lady non-exec........

The HUR BoD salaries ought to be adjusted to the SP. I measure this company's success by the SP.
I don't want to hear at the CMD "Haven't we done well...." when the SP is at 10p! "No you haven't !"
Absolute disaster.

If Dr.T + team can't seem to do anything about this blatant SP manipulation going on, then perhaps he ought to swallow his pride and ask other CEOs and CFOs how they manage such criminal behaviour.
I'm getting a bit fed up with this lack of action by the authorities(AIM board and FCA etc etc.).

"manipulated".

Aquasulis - Thanks for that detail.
Let's hope some hedging has been done.
This would come under the CFO's remit, I suspect. I say no more. CFO ? Did he?
The advanced notice of the last OPEC+ meeting should have been enough of a 'heads up!' to exercise such prudent caution.
As, you say, we'll soon find out.

I have sent a copy of my last post to Dr. T. Many would be interested in the reply.
90% of companies fail due to poor financial management.

I copied this from Jadestone RNS today.
Highlights
"Significant downside protection in place. Half of Montara’s production is hedged at an average price of US$68.45/bbl through to September 30, 2020, resulting in a blended realised price of c.US$60/bbl based on current oil prices (including latest realised premium); "

Like Jadestone, I sincerely hope HUR production is hedged ???????

Good read. Logical, and not as obvious as it appears. Thank you, the originator and dryland.

https://oilprice.com/Latest-Energy-News/World-News/Russia-Can-Live-With-25-Oil-For-Years.html

https://oilprice.com/Latest-Energy-News/World-News/Overexposure-To-Oil-Is-Hurting-Big-Banks.html

Well, Dr. T and his team are going have to come up with a strategy for
the immediate future and tell us their plan in the next 2 weeks !

HUR is no. 7 whilst

Take a 2-3 year view. This is going to be a roller-coaster year .....