Member Info for dandelion1

Hear, hear, absolutely concur Botbot, HUR valuation today is baloney, correction on the way here, and good luck all in HUR.

Good post but barring a sudden/rapid takeover here, hoping for much more than 15p+ at HUR overtime, lots of potential in place.
GLA

Brent now back circa $45, interesting to note that HUR SP is one of the very few O&G shares that offers the most potential upsides based on forward plans/anticipated ongoing updates regardless of oil price fluctuations, however, needless to say that also at same time, HUR will additionally, significantly benefit from higher oil prices ahead, hence, great place to be in the long run here IMO.

All sounding great here ahead, GLA.

Hear, hear, good post LD, and with you on that all the way; HUR valuation today is nonsense low.

At this brutally Kitchen Sinked SP, and with the great variety of positive possibilities ahead, HUR IMO is now a "Sleeping Giant" about to slowly be awakened.
GLA

If to become true at some point in the long run, I'm happy with 20p+ here, and likely let others profit from the remaining 30p+ profits if ever to be fact overtime but GLA, and no issue with being extremely optimistic, anything is possible in the markets with both HUR and POO over a long period.

Article from last month but nevertheless interesting read/input on Oil Prices (by GS) for a Biden Presidency:

https://www.cnbc.com/2020/10/12/goldman-says-biden-election-win-could-be-positive-for-oil-prices.html

All looking great here, "Forward Work Programme" seemingly in progress with CA plus other major shareholder involvement, and with updates on same expected soon. HUR is certainly looking much more proactive under the direction of the new CEO/Team looking to maximise current assets/licenses while positively moving ahead and utilising production, GLA.

As activist investors, CA will want to take on a bigger role in HUR's future, and IMO, always knew that this is a long term hold with potentially massive upsides but much smaller downside risks at these levels. They are certainly IMO looking for much higher returns than their current 9.2p average, and expect to get that via more involvement in HUR forward plans, DYOR.

Personally, I much rather HUR SP slowly works it's way up to ~20p+ or wherever fairer levels lie here rather than get a premature sudden bid at 12-14p or whatever which in the end, may or may not work but that's just my opinion.

Also IMHO and with increasing O&G M&A activity, a HUR takeover in double figures is looking more and more likely even this year, HUR represents a unique North Sea entry opportunity for potential bidders, time will tell.

Good timely post, and as already mentioned, additionally noteworthy here is that HUR production is also hedged, hence, no worries on short term POO fluctuations, and longer term picture should be a much much improved situation.
GLA

Additionally noteworthy is that HUR production is also hedged, hence, no worries on short term POO fluctuations, and longer term picture should be a much much improved situation.

Absolutely, also strongly believe/agree that HUR SP offers one of the most (if not the most) upside potential in the whole FTSE and hence, eagerly await updates here including on the company's "Forward Work Programme" which IMO, will help alleviate much of the unsubstantiated doom and gloom scenarios flying about here that are all likely already priced in the now very much suppressed SP, please DYOR.

Interesting read:
https://oilprice.com/Energy/Oil-Prices/Hedge-Funds-Boost-Bullish-Oil-Bets.html

Agree, overall markets with oilers in particular have all been doing badly in recent days, HUR is probably by far the most oversold amongst them, and also IMO the tide here will likely change to the positive very soon along with some other oilers.

Impossible to tell at this stage (unless you are in the know!) but could be building on already gathered data/analysis, depends on what they have been commissioned to gather/perform but they are very high tech as stated, IMO, it can only highlight improvements on the earlier brutal Kitchen Sinking performed.

Looking good, looking very good, breakout here could finally be about to begin, GLA.

Looking very good here, thanks Laptop15.