Member Info for hasiba

Genghis and adoubleuk and perhaps some others speculate that the problem is a perched water in the fractured reservoirs which is a complete speculations and should never be posted as a definitive statement here to scare the investors...
Stop it guys!

Genhis...please don’t patronise me..!
Where on HUR site or anywhere mentioned it was confirming a perched water Problem?!
Or you are in the know and everyone else in the dark and don’t understand as you put it!

Put a link here from any site confirming it is a perched water problem?
I challenge you...come on before you start patronising us..

adoubleuk....“ None of your links has any relevance whatsoever to Hurricane's situation. Ie a perched water zone in a horizontal producer in fractured basement.“

Who confirmed it was a perched water .....!?
Only you saying so !

There is a technical committee now looking into the issue .

adoubleuk...“ No I didn't. I sold because the CEO has been 'replaced', and I see no reason to trust the new BoD until they come up with a forward-looking plan which makes sense. ”

It is quite unusual for an investor to do this....you invest in HUR and its potential and Dr Trice is still there in advising role...
CEOs come and go for a variety of reasons, and do you have such a dim views on the new bod and ceo?
Of course it’s your decision to sell or buy ...
Anyway we have a different views and now sitting on the opposite sites of the argument but time will tell who comes a winner in making money of committing a mistake to learn from!

https://res.mdpi.com/d_attachment/ChemEngineering/ChemEngineering-03-00051/article_deploy/ChemEngineering-03-00051.pdf

https://petrowiki.org/Controlling_excess_water_production

https://www.onepetro.org/conference-paper/SPE-187009-MS

adoubleuk... “”What you say is true, but it applies to worked-out old N.Sea 'conventional' fields, where continuing production with high water-cuts, even at a loss, is cheaper than shutting down and decomissioning.
This is something else, and I think you should do some further technical research into the 'Hurricane story' before making sweeping statements...“”

Can you please back this with your source of information link?

There many source of information available on the different sites and articles confirming the water cut and floods are common issue in old and new or current well producing oils and even gas and remedies are available in different forms and even some of these wells production ended better oil volume production than before after remedies .
The new ceo appointed had worked in Shell previously and Shell together with BP have many oilfield encountered the same issue and they are continuing to produce oil commercially profitable .
From your inputs ..the impression you give as if HUR is uniquely have this problem and you sold all your holdings due the fear that the company is going to duster...which I don’t agree.
It is a common issue in oil wells and can even be ultimately be a good thing after remedies.

We need to balance our posts here by giving a balance views...
Ramping and deramping are equally bad for genuine investors..

“Almost 85% of the oil wells is producing with water cut more than 97%. Increasing water cut or even watered out phenomenon was frequently happen during production stage”
Technical committee has been formed already and almost all have remedies by chemical or mechanical methods...
The market is projecting the worse scenario as if the company is going bust and if there was no remedies available which is an absolute joke that is reflecting in the current share price...
I have every confidence that this Common issue Will be resolved by the new bod and their newly formed technical committee that was formed to resolve the issue.
Holding strong with confidence..
Daily fluctuations is an emotional reaction and to be ignored..
All bad news are out and remember this issue is common in early producing oil wells and not only specifically affecting HUR .
GL holders

Brent heading towards $45\50 soon .
Holding Strong pmo and Several other oilers too..
PMO looks very strong..

60p then off towards 90p.

..To see the old timer Dodger back and well done...
Bunks...I know it was a disappointment today for G but this is what happens when trading volume is very low so in a way it is not that disappointing and will recover rapidly by the end of this week me guessing...
Genl is a very strong safe core share to have and let’s hope Barazani clans pay us soon ..
Sold DLAR and kept cash and added a few more cpi...
Oil price is forming solid consolidation base and will head towards $45\50 brent ..betting and hoping this will happen soon...
Heavy in oilers....happy with all of their performance and a couple up by a few folds ,though very disappointed with HUR which overall lost me a few grands Paper loss..
New Support services Shares did great for me luckily and DLAR made me 40%+ profits in less than two weeks!!
Lots of commissions paid lately to my stockbroker!!
Holding G and Gkp still in big numbers in both

Added 25209 shares

Of today’s posts....takeover bid 30p ? and RNS tomorrow ...
That’s it...all sorted and sleep well...
:::)
Guys slow down it’s getting hilarious!

Cont....
My real example was FARN I bought previously at low price then it went up to 395p then started to drift towards 350p ...I sold it and never looked back...
Just an example...for illustration of my strategy...

Very happy for you making some profits on CWR..
Rangor.... the share price and market value is determined by sentiment and fundamentals and they drive each other to determine the valuations by the market...
IMO CWR has both and looks strong.....then its up to you to sell or keep.
No recommendations from me ...sorry as I wouldn’t feel good to do this..
Though in my case I always put a target to sell if the the share I made good profits on starting to decline a certain percentage from its high point..to save my profits.
GL

Sentiment and fundamentals drive each other to determine the market valuations of any share..and this reflects In the share price.
Currently with HUR both seemed lacking or at least the sentiment is ,and needs a catalyst (News) to break this uncertainty and move the sp in either direction. We only are considering and hoping for a positive news to do this but the market is considering both possibilities...hence SP in a limbo land at present..!
GL ...tomorrow another casino day!

It’s all good and safe with G....that is why I am still here...
If you add the 8.11 p dividends with the current sp=136p this is more than 100% rise from year low.
I am patiently waiting for more expansion with gas news too.
With due respect to the believers in chart reading and accordingly investing...My advice is just ditch the charts and you will either get confused by it or getting it wrong most of the time at this volatile market....The charts are belong to professional traders in the city with all their sophisticated softwares..
My view is to diverse as always in a good recovery stocks and they are delivering very well and big gains....some are leaner and far more cost efficient now so their profits will be enormous. This is why the market is pushing their sp now..
Balance sheet and tangible future growth are the two important factors I look for.
I enjoy others to profit too as happy as I do...
Investment in other dream shares wouldn’t work now...
Perfect time to become rich...
I am now half oilers and others are in other sectors mostly support sectors...like
SHI,CPI,RPS,DLAR and a few days ago I bought MTRO..
Still in many oilers as before but cut on bio pharma and gold shares recently...
Still hold a couple Shares in biopharma and healthcare..but far less numbers than before..
Holding strong in G..
GL

Just imo...
This share is a two way bet ....win win on whatever the market direction goes!
All bad news is behind it, more contracts, SFO dropped their investigations..and increasing revenue and profits.
SP still undervalued by any measure for its future growth..
Excellent recovery play...
Holding strong now
As always dyor

“My son gets all my profits (but I keep my losses).“
What losses!
::))

Bunks,Ocelots,Dodger,Jim,JL and other holders...
Guys G is swimming in a blue water .....time to come out ..
Promise you it’s safe now!

KenniGT...
DBNO..needs your help and mine.......this is humanity..we all have to be kind to each other.
GL