Member Info for shedful

People wee talking about SP value well when HUR initially came to the AIM market they were valued at 45p now I realise loads more shares in the company but the fields are also getting bigger so is a 10 or 20 bagger out of the question ? Considering most people think a consortium rather than a company will buy out HUR surely it’s not out of the question considering the amount of initial 2P reserves they could confirm over the next year or so. DrT is for the geology the banker Kerogen is in for the money

From Hur website and haven't they recently given back Typhoon. https://www.hurricaneenergy.com/expertise/what-are-basement-reservoirs/how-does-oil-get-into-a-basement-reservoir

I’m in for the ride too.

Did you not say recently that steifel have a value of a fiver a share or did I read you wrong Once EPS starts and becomes successful Then the SP will climb higherr.

At least Achillies is not on the BB PS According to the movies Valhalla is within the Norgs land, close to Rome, :-)

Yep first oil in 2018

WW I like rocks as a bit of a hobby over more years than like to remember. I also agree with what you say, but looking at other RF its very possible HUR can do the same. I say to you look at what has been achieved elsewhere. I as an engineer work to kiss its the best way mate.

What I originally said was you and AD s.l.a.g. people off without giving an answer. But Wizz is an airline

I love you too sugar haha

Actually it was s.l.a.g. Wizz is an airline

Pj you **** without giving answers same as AD lol

Ok Have you looked at other RF basement fields also from previous conversations that I have had , that RF May be possible

Looking for at least 44 percent RF

And a better one tomorrow

I hope that’s correct

Hi Sipp DrT she’d is on the Isle of Lewis and it rocks

I remember our new chairman and fellow ex members of Tullow started T5and were looking to raise money to look for oil in Africa about 3.5 years ago. At least we have a chairman who has a lot of experience , heres hoping its used wisely, along with Dr T and the rest of the BoD.

Available? https://www.offshore-mag.com/articles/print/volume-77/issue-3/productions-operations/field-developers-assess-viability-of-fpso-redeployment.html

Genghis I didn't mean to imply that HUR would be sold for that, I was looking at the billion barrels reserves Maersk had on its books. Now if I look at that deal a different way I believe it gave Total an extra 160,000 boe per day and ramping up by a few hundred thousand in several years to around 500,000 boe per day. HUR, once the EPS has started and they are earning money and achieve RBL which is my preference. Then HUR can say drill 6 plus or more wells at say 50 million per well and hire an FPSO which would be cheaper than platforms and hopefully quicker to hire etc. say cost around 500 million. This is my understanding of a cheap way to prove a field up. Therefore HUR would have say 9 well say producing10k to 17k per well which is equal to a min of 90,000 bopd or max 153,000 bopd. Surely then you are raising the bar and price of the fields, How long would it take 2 to 3 years ?? No doubt someone or some people say tosh and then hopefully they will then explain the tosh, rather than wither away.. , but thats what a BB is for.!

Genghis You need to read it again, I did not say HUR would get that valuation I said it is possible that all the assets could be bought at one go. I do understand the valuation between C & P I also understand that HUR need to get their fields proved up to it suite and I would expect on start of EPS and 6 months into the EPS HUR may possibly get an RBL or some other type of fair finance rather than a lot more dilution. Even though Maersk had fields overseas most of their reserves are in the NS.