Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Hurricane Energy Looks Very Undervalued

By Gary Newman

6 June 2014 09:16

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Hurricane Energy (HUR) looks to have huge potential and has already had two large oil strikes off of the UK

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Comments

wildrides

6 June 2014, 10:13

I would just stick the money in Dell Boy Lemongas’s LGO .
Proven field , 28 wells to drill in soft sandstone, on land, in next 12 months . First well already producing , second drilling now . Another 4 to drill from same rig drill pad without moving to next pad .
Whats not to like ?
Forget Rare earth , Inspirit , Solo , and the African “Tuck” business etc etc
This is DL’s company maker.

THE Lemon gas share that is doing the business with the share price and backed up by producing assets NOW
sw9991

10 June 2014, 15:50

12 months is a long time in AIM to wait for the final production figures to come out for LGO. So far they have drilled just 2 of the 28 wells. No doubt there will be a peak in share price activity at the beginning (i.e. now) and towards the end of the drilling campaign. LGO will drop back though, more than likely quite significantly and interest will wain for quite sometime.

LGO is looking to be producing figures of 4,000 – 5,000 bopd if everything goes well over the next 12 months. HUR on the otherhand could achieve figures of 8,000 bopd in 3 weeks time. Logically why would you buy into LGO at this time?

Don’t get suckered into the hype in LGO wildrides, it won’t last throughout the entire drilling campaign!
wildrides

10 June 2014, 21:04

SW991
Not sucked into anything ;)
Been in since 0.75 (first time around ) so its already a multi bagger for me . Its been a long wait , but paying off . Key thing is it will keep on paying . Ive taken profits twice and now riding “free”