RE: With Brent at ~USD $64 and Rising, No News Here is Now Great News!16 Feb 2021 10:36
Hurricane essentially have "kitchen sinked" by resetting expectations on CEO Antony Maris’ first day, which has enabled him to build from a low base. Now since this happened in Q3 we have seen oil prices climb some 30% and production stabilised to 12,000 barrels. We are looking like a very attractive proposition to a potential buyer who buy into production, potential 100% upside from Lancaster and further development opportunities at Lincoln.