Hurricane Energy (#HUR) – recommended offer of initial 4.15p per share, possibly up to 12.5p per share

Hurricane Energy (#HUR) – board change General Meeting requisition from Crystal Amber Fund (#CRS)

Hurricane Energy (#HUR) – Energy Profits Levy update, argues formal sale process “progressing, with multiple expressions of interest”

Hurricane Energy (#HUR) – rejects indicative 7.7p per share offer, launches formal sale process

Hurricane Energy (#HUR) – July update, notes $89m working capital, “planned annual shutdown during September”

Is Hurricane a cracking short – Was Shakoor answers

Are shares in Hurricane Energy (HUR) overvalued at 7p,amarket cap of £141 million. On fundamentals, you bet. But…is it a stock to short. I asked the question to the Professional Northerner Bear, Waseem Shakoor whose expertise includes the study of small oil plays. Waseem says:

Hurricane Energy (#HUR) – Lancaster field update, told to lodge additional decommissioning security funds

Hurricane Energy will be able to pay off its debts, but how much remaining value there will be for shareholders is debatable

Hurricane Energy (HUR) is a company that I’ve been following and covering ever since the days before it drilled the Lancaster appraisal well; through the times when it looked like it could be a big AIM success story; and more recently when it was uncertain as to whether it would even survive.

Hurricane Energy (#HUR) – review of events leading up to rejected restructuring plan, argues “no further action is necessary”

Hurricane Energy (#HUR) – argues ‘pleasing’ operational update, but more ring-fenced funds possibly required

Hurricane Energy (#HUR) – operational & financial update, new auditor now commencing review

Hurricane Energy (#HUR) – tender offer acceptances for $77.984m of bonds at 78% of principal plus accrued interest

Hurricane Energy (#HUR) – company update & tender offer for $115m of its bonds

Hurricane Energy (#HUR) – operations update, net free cash down to $122m

Hurricane Energy (#HUR) – bonds update following decision of court not to sanction restructuring plan

Hurricane Energy (#HUR) – board changes including non-execs resigning with immediate effect

Hurricane Energy – Good outcome for all shareholders, except for Hurricane shareholders

Hurricane Energy (HUR) failed to obtain court sanction of its refinance scheme. When I wrote last week, I identified a likely core matter of timing as being critical to the outcome. The 30 page statement of reasons from the Judge had a theme running through it – is now the right time for an irreversible dramatic change to be imposed on shareholders? The answer was no. I see this as good for shareholders more widely but does not change my bulk order for beer and popcorn as I watch this particular situation play out to the death.

Hurricane Energy – An appealing way to loose cash

The Hurricane Energy (HUR) sanction hearing court case has been rumbling on for the last few days, as I last commented recently here. It has been fascinating to watch and listen to on and off, not least thanks to some dozy plonker called “Clive” who munched his way through cornflakes with camera and mic on in live court before the Judge! I, of course recommended beer and popcorn to properly enjoy the event - I was not disappointed over the last few days. But I rather think further fun and games will occur and a bulk order of beer and popcorn is required.

What soup will the Titanic serve tonight? Hurricane Energy publishes mammoth ESG Report

The question for the Titanic chefs is asked well after the iceberg has been hit. For Hurricane Energy (HUR) is also a busted flush, a sinking ship. Its assets are so poor that it will probably go bust at some stage whether or not it completes a debt for equity swap which will see shareholders lose 95% of the company. This company is, like the Titanic 109 years ago, holed beneath the waterline.  Against this backdrop it has today published a glossy 71 page Environmental Social and Governance report.

Hurricane Energy (#HUR) – Stena Don rig on hire for plug and abandonment of Lincoln-14 well required by end-October