Thursday broker round-up
30th May 2019 13:13
(Sharecast News) - Sophos: Numis downgrades to hold with a target price of 320p.
Read moreBerenberg starts Hurricane Energy at 'buy' ahead of imminent announcement of 'first oil'
30th May 2019 10:58
(Sharecast News) - Analysts a Berenberg kicked-off their coverage of Hurricane Energy with a 'buy' recommendation and a 100.0p target price ahead of the expected announcement of first oil at Lancaster, which they predicted would come in the next few days.
Read moreMorgan Stanley reiterates 'buy' for shares of Hurricane Energy
16th May 2019 15:54
(Sharecast News) - Analysts at Morgan Stanley reiterated their 'buy' recommendation for shares of Hurricane Energy, telling clients they continued to see a "realistic bull case" for the company under which its shares would trade over five times higher by the end of 2020.
Read moreHurricane Energy's Aoka Mizu FPSO sets sail for North Sea
15th Oct 2018 08:18
(Sharecast News) - UK based oil and gas company Hurricane Energy revealed that its Aoka Mizu floating production, storage and offloading vessel departed Dubai on Monday.
Read moreHurricane Energy losses widen ahead of first production
20th Sep 2018 10:22
(Sharecast News) - Hurricane Energy took a sizeable paper loss in the first half of its trading year ahead of first production pencilled in for the first half of next year.
Read moreHurricane Energy makes good progress at Lancaster Field
13th Sep 2018 14:29
(Sharecast News) - UK-based oil and gas company Hurricane Energy updated the market on its operations on the early production system development of the Lancaster Field on Thursday, reporting that the installation of subsea umbilical, risers and flowlines (SURF) had been successfully completed.
Read moreHurricane Energy reaches farm-in agreement with Spirit Energy
3rd Sep 2018 09:57
(Sharecast News) - British oil and gas company Hurricane Energy has seen Spirit Energy farm-in to half of its Lincoln and Warwick licences in the Greater Warwick Area.
Read moreHurricane Energy confirms spudding of Lincoln Well
9th Nov 2016 13:07
(ShareCast News) - Hurricane Energy confirms the spudding of the Lincoln Well, which targets targets a basement prospect geologically similar to the nearby Lancaster structure. "Seismic interpretation indicates a well-connected fault network within the Lincoln basement," the company said. "Encourag
Read moreTuesday newspaper share tips: Premier Oil, Tullow Oil, Hurricane Energy
19th Apr 2016 14:01
(ShareCast News) - When capital and labour clash, the former is likely to come out on top, something which some UK oil explorers should note, the Financial Times's Lex column said. OPEC ministers meeting over the weekend in Doha failed to get a grip on their levels of production by agreeing to freez
Read moreHurricane Energy raise £52m in placing
18th Apr 2016 11:41
(ShareCast News) - Oil and gas explorer Hurricane Energy said it had raised £52.1m through a share placing in a deal that will see private equity firm Kerogen Capital help finance drilling at two wells on the Lancaster field in England's north-west. Oil and gas explorer Hurricane Energy said it had
Read moreHurricane Energy slashes expenses, losses reduced
23rd Sep 2015 08:43
(ShareCast News) - Hurricane Energy said it has cut its post-tax loss by 56% for the six months to 30 June to £3.2m after slashing operating costs. The UK-based oil and gas company said on Wednesday operating expenses for the period plunged by 37% to £3.1m. The reduction in expenses was primarily
Read moreHurricane Energy demobilises drilling unit at Lancaster field
3rd Jul 2014 10:53
AIM-listed oil and gas group Hurricane Energy has demobilised a drilling unit on the Lancaster horizontal appraisal well that had been located West of Shetland approximately two days earlier than planned. The unit successfully drilled and tested a one kilometre section on its wholly-owned Lanaster
Read moreFriday newspaper round-up: Hurricane Energy, Tesco, Property market
27th Jun 2014 07:27
Hurricane Energy said it successfully drilled the first exploration well into granite rock beneath the Atlantic waters close to Britain. It said that the gusher at its Lancaster field in the West of Shetlands proved that oil could be produced from "fractured basement reservoirs", describing it as a
Read moreHurricane Energy losses widen on pre-IPO costs
14th May 2014 13:46
UK-based oil and gas group Hurricane Energy, which floated in London in February, said losses widened significantly in 2013 as a result of one-off financing and costs associated with its initial public offering (IPO). Hurricane, which raised £31m in pre-IPO fundraising, recorded a loss before tax o
Read moredotDigital directors each sell 1.5m shares to meet investor demand
26th Feb 2014 15:23
Three dotDigital directors this week each sold 1.5m shares in the software as a service provider to meet strong demand from institutional investors. Chief Executive and Finance Director Peter Simmonds, Chief Technical Officer Simon Bird, and Chief Operating Officer Tink Taylor, each pocketed £447,1
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