RE: Funding, Bond and Production9 Dec 2020 08:31
I am not sure when a poster put the very negative views of Hur at the present time..is there ulterior motives behind this as it appears quite unbalanced post by not putting the more positives points of Hur to balace his post..
Just in case that you are oblivious of the positives....I put a few to balance your post for you and others to read ..
Hur has changed since the new bod change and the new ceo is a top notch experience in fracture basement.
The last update in October 2020 confirmed that current production exceeded their estimated one.
The water cut has reduced to 19% and under control.
Hur is a profitable,cash generating oil company.
The bonds as you mentioned is not due foe the next 18 months .
Oil price on the up
Low production costs..
Hedge in place to protect Hu of oil price price fluctuations.
Remedies are taking place to sustain increasing production.
Exploring further of their valuable assets in collaboration with partnerships are in the planning.
Detailed independent technical report of the accurate reserves is expected Q1 2020.
Big cash in the bank
Etc..
Well...if Hur is not the best oil company to recover from this decimated sp ..then please tell us where is to beat this?!
Holding very strong
GL