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I concur, and good luck everyone.

Could Be Good News For Oil Bulls.
“ Pelosi Says Stimulus Bill Being Drafted While Some Issues Remain”:
https://www.google.co.uk/amp/s/www.bloomberg.com/amp/news/articles/2020-10-20/pelosi-says-stimulus-bill-being-written-still-issues-unresolved

HUR “Forward Work Programme” will awaken a sleeping giant here IMO, GLA.

Same here, couldn’t resist a top up at this SP, now will sit back and await the next update.

Agree that HUR “ Forward Work Programme” RNS can drop anytime and when it does, also agree that it will be a game changer here, particularly, in the SP direction IMHO:

“ The Company is making good progress on a proposed work programme and will provide further updates when appropriate.”

“ Oil steadied as Saudi Arabia vowed that OPEC and its partners will do what’s necessary to balance the market“

“Market keeping close eye on stimulus talks in Washington”

https://www.bloomberg.com/news/articles/2020-10-18/oil-stable-as-stimulus-hopes-run-up-against-fresh-virus-surge

“Oil Holds Steady Before OPEC+ Meets to Assess State of Market”:

https://www.bloomberg.com/news/articles/2020-10-18/oil-stable-as-stimulus-hopes-run-up-against-fresh-virus-surge

Interesting read:

https://www.google.co.uk/amp/s/oilprice.com/Energy/Oil-Prices/Could-Big-Oils-Shift-To-Renewables-Be-Good-For-Prices.amp.html

Also agree here, it would certainly “be nice to get a good surprise rns after a year of bad one or those with enough gaps to erode confidence.”

Bullish signs for oil continue further with data just out today:

https://www.streetinsider.com/dr/news.php?id=17473201&gfv=1

HUR today is probably one of the most (if not the most) undervalued O&G company around, and it even has decent production, it cannot stay at these levels for long IMO.

If a bid comes in what’s left of this year, it will certainly be very suspicious with the way the SP has behaved so far, and trading in a manner whereby completely ignoring current production and any future potential here IMOO.

I think if anyone looks in detail at the area in which HUR assets lie, it quickly becomes evident that it is extremely prolific, hence the recent M&A interest there. However, funding a comprehensive drilling campaign might be an issue at present but if POO rises a bit from present levels and in the meanwhile no one buys HUR, then at current depressed SP, upside potential will be massive here, in my opinion only.

“Saudi Prince, Russian President Urge OPEC+ Compliance”:

https://www.bloomberg.com/news/articles/2020-10-13/saudi-crown-prince-and-russian-president-urge-opec-compliance

Possibility is clearly there but need to await relating updates/confirmations here which could be game changing overtime; CA team will certainly have done their due diligence before significantly increasing their HUR stake, possibly even had detailed discussions with HUR team by now.

Volume is still relatively and difficult to pick up in larger numbers.

Absolutely at these lowball levels, getting quotes.

Ship watches are kindly providing factual information here which is very much lacking at present, don’t knock it just because it seems extremely positive this time round, if true, it will likely get reflect in the SP once we get some kind of relating confirmations in this respect, hence, a nice heads up IMHO.

There has certainly been a lot of unsubstantiated doom and gloom on here in recent weeks which in part due to the brutal kitchen sinking of HUR on 11 September has unnecessarily been further exacerbated IMO.

Chrysaor acquisition has simply called into attention the massive potential for M&A in this area, particularly while such low valuations are still around before any anticipated uptick in O&G prices in near future, and this in HUR case, just highlights how likely/imminent a potential takeover bid here could be IMO, time will only tell.