Member Info for daltry

https://oilprice.com/Energy/Energy-General/Shale-In-Crisis-As-Oil-Prices-Collapse.html

Or,
Stop the rig producing, and have free storage by leaving it in the basement....

Can HUR store their oil produced until prices recover? Or are they committed to a contract with BP? I would have thought BP are going to have too much capacity as it is?

HeidHoncho. Hedged HUR? - Good question. One that needs a verifiable answer?

Genghis. - You are right, of course.....
However, I don’t see oil SP dropping to $15 tomorrow. It will take a little time for users current stocks to deplete, and the the SP will lower as the Saudis implement their plan. I’m surprised more producers of commodities don’t hedge, as a matter of company policy. There are huge long term advantages and negates the ‘unforeseen events’. Not looking for a fight here.

HUR should hedge its production forward whilst this incoming oil price war rages.

“If the current state of the world economy has convinced me of one thing, it's that it's being run and 'manipulated' by people who've got no balls. And by that, I don't mean women.”
YES !!!
An opinion echoed by millions of people born pre 1980.

OK, OK, Yes there is such a word.... still sounds Yankee to me...

Most US Shalers are well hedged against this price drop.
So, don't expect much immediate fallout there.
Its all dependant on how long this low PoO lasts.
Is there such a word as 'optionality'? Sounds 'US Speak' to me....

Barnyards - if the filter button is your thing, and it turns you on, who are we to deprive you of your toys?
JAdam is appreciated on this board. We don't always concur with him, but he presents his view in a sanguine manner.

You are a good man JohnPWH.
Only joking. re Dr. analysis.
Please take all my quirky remarks with a pinch of salt. For all I know, you are a real Brain Professor! Your input on this BB is always appreciated here.
BTW, I think you are right: Dr. T is hinting that the CMD will contain some welcome news.
Meanwhile, we all wait , and wait , and wait....

JohnPWH - Analysis of Dt T's mind by BrainProfessor JohnP......... This is going too far ! We want HUR SP analysis !
I hope the good Dr has something exciting to say at the CMD.

https://www.proactiveinvestors.co.uk/companies/news/914454/hurricane-energy-hit-with-extra-costs-as-spirit-energy-partner-funding-stalls-914454.html

The only way to trade here is to put in a limit order beforehand.

LongWait - You are probably correct. Very few are selling.
So, what drives this SP so far down and for so long?
It just doesn't feel legal to me. Unless manipulated. Which is illegal.
There is a lot of explaining to be done. I hope, it will be at the CMD...........

DiveCentre - I concur. Its just that some people expect a rabbit to be pulled out of a hat.
Long term patience is lacking. I have every confidence in Dr. T .
The SP is the elephant on people's minds. No one expected it to be this low, this long. No one. Yet it is...
It is being manipulated, I'm sure. To what end, I don't know.
I hope the intention is not to destroy this share. AIM+ Hedge Funds have done that many times.

You are the sort that writes on Tripadvisor reviews.
"We had a lovely time - everything was just perfect! The towels on the beds were a lovely touch! We can't wait to come back! etc etc. " FFS !

I think everyone expects too much from the CMD. If it ends up a damp squid , like last time, then God help us all.
And if there is any negative news, then slit your throat...
There are times when I wish this BB didn’t exist. It’s holding a lot of people’s hands........

You are cruel, Cebo....no prisoners...

Hearsay... typo last