Member Info for tiggerman

Luv u. MPs do not necessarily read every e mail. BUT they do have staff who do, and they do plug in to massive weight of opinion. And they respond and act.

brandon.lewis.mp@parliament.uk
robert.goodwill.mp@parliament.uk ( MP for Whitby )
simon.clarke.mp@parliament.uk ( MP Middlesborough )
rishi.sunak.mp@parliament.uk ( MP Richmond )
Kwasi.karteng.mp@parliament.uk ( business sec. )
andrea.leadsom.mp@parliament.uk ( business minister )
sajid.javid.mp@parliament.uk ( chancellor )
PLUs your own mp
Plus any mp you choose to add.
Bang it to them.
This is not just your shareholding. This company is a National necessity, an employer in a deprived area, in the N. Powerhouse, a potentially massive contributor to the Treasury, a big donor to local funds, a 7% potential export increase on the GDP, a non offender to the critical green and climate brigade, a help in global feeding the poor, and a bright , bright star in the Whitby and the Yorkshire firmanent.
If the Government does not back them, the damage will be far greater than any Brexit coc= up.
Do write to your MP and all above. It does have a major effect. ( I do have previous success stories with autistic teaching )
Do it now. All MP addresses as above or just go online.

What on earth are you suggesting LONGWAIT ..... that my contributions are looking well researched, learned, and erudite. Even I would have difficulty in agreeing with you.

........ is shown on the Marine Traffic website as having arrived alongside the AM 4 minutes ago.
Possibly 500,000 BO to offload this time at$68 /$ 70 per barrel. This should really drag the SP down.

I do seem to live in the most extraordinary world where voting majorities are treated as losers, and where the most excellent of news , allowing a company to sell its product at higher prices and thus make millions of extra $$$$'s, is taken as bad news resulting in in a hit on the SP.
With a host of good news and positive statements on the way this week , we should be able to reduce the SP below 40p.

Whatever ones views on global politics C's, 5% of the world's oil supply is going to temporarily disappear for a while. On Monday , oil producers SPs will rise. H. E. S gender has still to be established, but will probably rise. BUT the rest of the week will see good news. The next tanker offload at the higher price. The rig moving to establish the 4th of 5 successful oil flows at 10,000 BOPD, and a Friday company good news confirm action. The SP must Respond to that. Fingers crossed for 70p plus??????
It is time. Fractured granite basements are. no longer a total fairy story, high quality
Oil, top quality management, massive future reserves , exponential cash flow, low opex, low debt,. What else to wish for.
I

60dollars gross 40 dollars net
3 wells X 9000 bod = approx £380 M per annum
= approx 16p a share
X 5 GIVES SP of 80p X10 = £1_60p
For the time being I would settle for £1_00
Only a quick approx calculation lying in bed

The value of a company is its Market Cap .... which is number of shares X Share price.
The SP is determined in varying ways dependent upon the style / product / turnover / assets / trading future / market sentiment / demand / broker opinion / management capability ..... etc etc etc.
HUR is a company with technically skilled management ( but who do not particularly value their shareholders.)
But they do have a proposition ( granite basement oil reserves ) which they are currently in a state of proving. Lincoln Crestal once proven up ( but now at very early stage ) will hugely enhance the HUR granite basement proposition AND significantly increase revenue. This spreads investor confidence for current state and for future prospects.
The product is high quality ( gas / oil ? , but the long term questions over oil remain ( Corbyn may ban it but Sturgeon will go bankrupt without it ).
Sentiment is good, broker opinion is good , demand for oil appears to be increasing rather than diminishing, and revenue is well on the up. LC success will almost certainly provide confidence that HUR will access more and more of the Rona Ridge assets , and revenue will increase even more significantly. All this should soon reassure one of the major producers to move in and make an offer. Bingo.
My gripe is with HE management being reluctant to inform and look after its shareholders in a much more open and informed way.
That said, I can only believe that this company has a future, it has product, it has growing income, it has gas still to come on stream, it has huge future reserves, and it has knowledge and talent.
It also has an understated market price / SP. ( HE should market itself a bit more energetically ) . Monday should , if all rumours are true, see the SP jump to 60p ? 70p ? 80p ??? ....... and thus a near doubling of the Market Cap.
And we still have further confirmations on Lancaster flow rates, another AM offload ( a bit bigger this time ??? ) , and the company review / report on 20th Sept.
The sun is rising.

Had SXX for 10 years and HUR for 6years and just about kept my marbles. Today looks like it might just be the first day of the rest of my life. Just hope the market respond s with the hope and enthusiasm that I feel. And as Strictly C D is on I needed something we sensible to occupy my time. Roll on Monday.

Mo ver123 you are ( present ) too tense.
But you can relax if SOlaN is right and

Success with L C zt5000 / 10000 BOPD massively validates access to all the Rona Ridge assets with future drills as well as in creasing cash flow and opens up takeover opportunity. SP should respond accordingly. Why not £1????

Just a curious question. Share volumes after hours ( yesterday 20 million plus , but in practice on all trading days ) was shown, but not included in yesterday volumes.
Same trades included on todays opening trade summary, but not included in todays volumes,- which technically they ought to be.
Is there any specific reason for this exclusion ?????

Am I correct in assuming that H.M. is one of the 168 landowners in receipt of " royalty " payments from SXX for her mining rights.
If I was Boris or javed, then I would be trying to keep on the right side of her with a bit of debt underwriting.
Maybe we will hear about it from Javed today when he lines up our economy for the next couple of weeks.

My son ( big in the recruitment industry ) was chatting on the phone about business and SXX last week whilst lying by the pool on holiday in Portugal. When he finished , he was accosted by the guy on the adjacent recliner who introduced himself , not only as a recruitment man , but one who did all of the SXX recruitment in Yorkshire. An amazing coincidence. He did comment that recruitment had slowed down until the bond issues were resolved, but that the expectations and enthusiasm for the project were great.
Its a small world.
Good to see that Ann Turley MP from Redcar is also hot on the case. Thanks for the northern news link - repeated.
https://youtu.be/hSmclJkth4c

I am quite unable to comprehend why a significant Aim oil explorer cannot provide the shareholders in the company ( technically the company's owners ) with basic information on the progress - success or lack of it - of drilling campaigns.
I have been invested in various Aim and Footsie drillers and miners and most of them have had no problem in keeping their shareholders informed.
HUR is not a private club.

If ever there was a project which won more hearts and minds than any I can remember in my very long life, it is this one. And it is the heart and soul of Yorkshire,
Robert Goodwill ( C ) had a majority at the last election of 3345
Simon Clarke ( L ) was 1020
And at the end of the day, the Government do not have to stump up $500M, merely to underwrite it and soon after collect the tax benefits. ( massive ). See the GDP increase, reduce the balance of export payments, increase Yorks GDP by 15%,
turn Whitby into the most prosperous N.E. town, - and allow it to be doubly re-invigorated by a spectacular return of the Fishing industry. Imagine - locally caught cod and chips. People will travel from far and wide to taste the experience.
Both good MPs

There are those who maybe think that writing to your MP is a waste of time. Let me reassure you that it is not . Over many years of serious and courteous writing, I have had very successful outcomes .
This morning , despite not even being one of Roberts constituents ( albeit I am a red blooded Tyke ), I received a kind and encouraging letter in the post, to advise me that;
a- he is working very closely with Ben Hauchen ( Teesside Mayor ) and Simon Clarke ( MP for Middlesborough )and Rishi Sunak ( MP for Richmond ) to ensure that this is addressed with the highest priority by The Treasury and The Dept. for Business ( Adrea Leadsom and Sajd javed ). He also has a meeting with Boris planned for 2nd September.
b - He is in daily contact with CF who is also in contact with Government at all levels.
I have little doubt that the SXX cause is in excellent hands, is being treated with absolute priority and that it will resolve successfully.
But do keep up the pressure on all concerned.

A good find, which I will repeat.
https://pressreader.com/@nickname13015663/csb_iNBfNi3Cx0vbz1ozp_AZW9wj7453CTA4MpASOd-rhbhTxp_KBnBIibvZWg8tY1-t
Well, it would seem in no doubt that Boris, Andrea, Sajid, Robert and the rest of the gang have certainly got the SXX message, and I cannot believe that their first move in a Halloween Brexit, and a quick General Election will be to totally write off their Northern Powerhouse support as well as as 100 plus years of significant GDP. They would do better to vote Jeremy and Diane into office.
Interesting article in todays Biz Section of the D Telegraph ( P.3 ) on Ben Hauchen and the opening of Teesside, Port of Tyne, Milford Haven, and London Gateway as Freeports. All part of the Boris package to reboot the Northern Powerhouse and " turbo charge the Northern economy. All grist to the mill.
I will be astounded if SXX do not complete Stage 2 financing.

Adoubleuk,
Many thanks for your kind, courteous, and informative response. Most helpful, and a standard of contribution and debate which I hope will long continue across this board from all contributors .
It is sometimes not easy ( at my age particularly ) to accurately memorise and reccollect the full depth and breadth of all the activity, when all one is actually seeking is increasing and positive activity in the SP - long overdue.
HUR is after all an explorer ( albeit now a fresher producer ) and I would surmise that at some not overdistant future date, one of the major producers will take a serious interest in acquiring HUR's assets ( at a decent price ). My view of the assets may be regarded as over-optimistic by some, but my own logical assessment tells me that they are seriously undervalued.
Lincon Crestal, I hope, will soon re-establish that value.

I am not an engineer, an oily, or an accountant, but I was drawn into investing in HUR by Dr. Robert Tices convictions about oil in N.sea fractured granite basements.
Earlier this year , this was initially proved up when the two Lancaster wells came on stream, and whilst still in a period of flow and various other checks, they have seemingly produced three offloads which tie in with the wells ability to annually
flow 17000 bopd net. And possibly even better.
My simple maths tells me that this amounts to - say - 6,190,000 bop annum converting from gross Brent $60 per bo, to net $40 per bo - say $ 250,000,000 net cash flow in a full year. Not at all bad.
Therefore in a full year EPS would be approx 12 cents or 10p EPS ( HUR EPS for year 2018 3.11p ) . Lancaster performance alone makes the shares look dirt cheap.
Warwick Deep ( 50% owned ) was a non starter albeit there may be some future in it as I understand. Warwick area second drill - Lincoln Crestal ( 50% owned ) is on the cusp of a promising discovery, and should oil be present , is it reasonable
that from a close and very similar fractured granite rock, ( even connected ) it could well produce similar flows to Lancaster,- and also have a second fork well drilled as well.( another possible 17,000 bopd in due course.
The same argument would also apply to the third Warwick Area, 50% Spirit Oil drill later this year
There is also the strong possibility of connection of gas flows to the shore pipeline which would produce additional £ cash flow ??.
All of this makes the HUR Market Cap ( £853M ) look tiny and the SP look even more dirt cheap.
Then of course, as still yet unaccounted for, the massive reserves within the Rona Ridge Licence area and Halifax, Whirlwind and Strathmore potential, to which it is as yet impossible to apply any accurate forecasts. But fractured granite basements in this area have demonstrated what they can produce ( so far ), and the chance / opportunity for success within the area is high.
Should Lincoln Crestal strike with any comparable force to Lancaster, then surely this SP shlould start to rock and roll
I remain as ever optimistic, but would be pleased to have either critical or approving comment. AS I said earlier, oil exploration is not my field. Only hope.