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Also heard same on Kerogen owning substantial amount of the CBS, interesting that they no longer have HUR board representation, and they have stated on few occasions that they would be happy with a sale/takeover here at the right price whatever that may be, however with oil prices now notably rising, difficult to say what is happening at present.

Now awaiting a better than expected CPR along with production updates this month, GLA.

Spot on GB, and Brent could be even higher from H2 onward, good note.

This represents an opportunity! Markets are never rational but usually forward looking, and with patience, HUR will IMHO massively re-rate upward this year, as now truly significant tailwinds are unexpectedly present for the global O&G industry, and no matter how one looks at at it, HUR will also undeniably hugely benefit according. HUR SP today represents notable Multibagger potential here which can often be ignored by the markets until....a simple spark, and a better than expected CPR or production here could just provide what’s needed, also noteworthy that by the looks of things, HUR BOD have now fully avoided dilution, DYOR, and GLA.

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Agree with consensus, upward re-rate here will now be extremely fast & furious with Brent going strong closing in on $69!

Noteworthy here again that amazingly with Brent currently trading circa USD $68, strangely due to continuous and direct negative interference by our CYA do absolutely nothing BOD/Executive Team, HUR is today undoubtedly the most undervalued/oversold O&G company trading in U.K. stock markets, now with PoO notable rapid rise, and hopefully CA positive interference this very unexplainable phenomenon will soon change for the much better, DYOR.

Amazingly with Brent currently trading circa USD $65, simply due to continuous and direct interference by our wonderful BOD/Executive Team, HUR is today undoubtedly the most undervalued/oversold O&G company trading in U.K. stock markets, hence, CA interference here is now both timely and very much welcomed, DYOR.

“Ohhh yeah....what about OPEC + and the Saudi's .... turning the taps on ?”

You overestimate OPEC+ spare capacity with their long underinvested ageing fields and rapid decline rates, particularly as global demand upticks without viable any alternatives in place.

Massive lack of investment in the global O&G industry since the late 2014 Shale induced huge price drops, and subsequent further underinvestment since the COVID Pandemic are now evident, and a clear example of this is highlighted here by the Bloomberg article stating the “major decline in R/P ratios”; as demand upticks, PoO IMHO is for now only going up until sufficient viable alternatives become available and along with that, so will the value of HUR’s prolific acreage once/if a better than expected CPR becomes evident here by month end, DYOR.

Interesting Bloomberg article, highlighting huge lack of investment in the O&G industry now leading to major decline in R/P ratios; oil is certainly here to stay until sufficient/viable replacements are found, and prices likely to go lot higher from here as we continue on the Pandemic recovery process.

Therefore, a better than expected HUR CPR here will significantly impact the HUR SP and take it very much north of these clearly unsustainably extreme lowball levels, DYOR.

Bloomberg:
“The reserves-to-production ratio, which gauges long-term prospects across the industry, has fallen below critical levels.”

https://www.bloomberg.com/opinion/articles/2021-03-02/big-oil-is-unwilling-to-bet-on-the-future-of-crude

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Possibly, it certainly is an unusual RNS and could simply be delay for the CPR later this month.

~USD $65.

Could explain the reason why HUR SP is being kept so strangely low at the moment, easy to manipulate a very small market cap here wether with MMs assistance or other means, time will tell.

Apparently, desperation of those still trying to buy back in here even cheaper than today’s bargain basement SP has no bounds, maybe PoO is also still $35, lol.

Topped Up here, and also looking forward to exciting times ahead for long suffering HUR shareholders.

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HUR would certainly be of immense interest to Shell, particularly with extremely fast rising oil prices and overall outlook, if a takeover/bid comes here, it will have to be 14p+ as absolute minimum today, and likely lot higher as the year progresses.

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