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CategoryHUR

Hurricane Energy – Fantastic year but still plenty of potential

I covered Hurricane Energy (HUR.L) shortly after the Lancaster Pilot hole flow test in September 2016, tipping the shares at 38p with a BUY target of 55p. This initial share price target was reached last week, returning investors 45% in just shy of 7 months. There has been plenty of positive newsflow in the past few months, so I take a look at what has happened since my first tip and whether I believe there is further upside due from here.

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Hurricane Energy – Huge Potential at 38p

Hurricane Energy plc (HUR.L) released a very exciting RNS this morning here, giving an update on appraisal drilling on its Lancaster development. The 60 day well confirmed all objectives were met, with the results coming in significantly better than prognosis…