Member Info for Slift

100 percent rise?

More like 2.58 percent drop.

The services contract extension should be worth about $15-20m.
Every little helps.

NEO Energy also acquired Exxon's North Sea assets for $1b this year. Hopefully Petrofac lands some big contracts with NEO Energy to develop those assets. Or at least, there's potential for Petrofac to win those contracts with the current working relationship with NEO.

GLA.

Yup, unfortunately, we don't live in an imaginary world.
At least, I don't!

"HUR have cash; HUR have more debt than cash pls decom costs to add into the mix."

Also something that people tend to miss is the AM termination fee.
Termination fee would sit at about $40m currently.

The Lincoln Crestal well is in the process of (if not already) being P&A. $6m I believe it was.

Agree Genghis15,

Whilst the BOD may be incompetent to move this company forward, they have been 100% honest throughout the past year. In fact, they warned the shareholders well in advance of what's to come.

"significant reduction in resources" --> resources significantly reduced.
"significant reduction in reserves" --> reserves significantly reduced.
"significant dilution to existing shareholders" --> ????

Still waiting for this 100% rise.

JoeSoap,

LOL!
I don't know how someone can be so ignorant about the factual information regarding the CB.
The documentation (or at least the ones provided to shareholders as placing documentation) is written in plain English. How does someone misunderstand, persist with the misunderstanding and post misleading information "for readers to draw their own conclusions", I don't even know!
Deluded? Denial? or just Dumb?

18% dilution? more like 200+% for partial D4E/restructure of c. $80b.

CaptainSwag,

It'll be interesting to read CA's monthly report. It's out this week right?

I still have no hope for HUR, unless BOD change their strategy altogether.
But it's possible there could be a buyer.

lol wtf.

You went from 2.5-3.5p to 12p now.
Jesus, make up your mind lmao.

y11-shx,
"Do you think a company valved so low with so much cash in the bank doesn’t have a forward plan?"

lol, if you do some research rather than gambling, you'd have known.
HUR missed weather window for FWP in 2021 (incompetence of BOD).
No rig secured, no rigs available now.

Fevertreeman,

Yeah sure, I'm with CA on the value within HUR's assets.
However, it's too late. No FWP in 2021 will really mess up the future of this company. Not even CA can help that.

CA should have made moves following the technical review update in September. CA has opposing views to the board since then too. But they didn't.

P.S.S. Also don't be a sheep. Baaaaa!

Yes, everyone panic buy following an activist investor, rather than fundamentals.

P.S. Don't gamble.

HAHAHAHA!

You're "busy counting your patient gained" I bet! Well i'll tell you that i'm fairly happy with my 10%.
Hahahahaha.

"Slift go run alone... your inexperience in oil and gas and and utter contempt and bitterness for this company shows through I suggest you write your long winded post on the company’s you have your clever money invested in sorry short term traded on !! instead of making yourself look a bigger fool on here... if it fails which I don’t believe it will you can laugh and gloat as much as you like and if it succeeds I would take great pleasure in reminding you..but I doubt I will care I would be to busy counting my patient gained whilst you trade in and out for your 10%"

"That’s very rich coming from you.., the Self-proclaimed comedian of the board..! You seem to object to any positives I wonder why?!"

"Thank god..!! No doubt you will be sniffing back again once you’ve made your 10% somewhere else With your snidey deramps good luck and good riddance.! For now..!"

Only downsides I see here is a production guidance downgrade (maybe AGM trading update).

Expecting Dusaffu, Gabon sale to complete very soon too.

GLA.

Where is this fool at?

Blackrock 2.68% -0.15%
RYE BAY CAPITAL 2.29% -0.24%

dflynch,

Okay fine. You got me.
Double your stake here please on the basis of your interpretation.

dflynch,

Are you in denial?
Both Joesoap and I have tried to clarify your calculation and interpretation of the CB documentation regarding conversion.
Yet you decide to ignore us and carry on, it's rather amusing.

"The required 442,307,692 shares at current SP would require the expenditure of some £11million."
This is false.

Yellowman,

My comment was for everyone here.
Sure I took a lil loss, but more than recovered from it.

I don't see HUR going above 5p. Ever.
Better opportunities elsewhere.