RE: HUR- U.K. Stock Market Multibagger of 20216 Jan 2021 10:20
Our recent update in December stated that .......Since the 11 September 2020 technical update announcement, a significant amount of work has been completed to further refine the revised technical interpretation of the Lancaster reservoir systems and formulate further development options for the field.
Directors purchased at circa 3p on 24th September, so at these levels Hurricane is a bargain in my view. 12k production and with potential ramp up possibilities and an appreciating oil price presents a perfect storm.
Crystal Amber are no doubt adding and perhaps Chrysaor are thinking about an offer to add to their North Sea portfolio. This would present a good low cost option to funding Sea Lion.