Harbour Energy Share Discussion Threads

[colebrooke] 16/1/2019 15:50

Decent crude draw: #EIA Inventories:Crude: -2.683 MbGasoline: +7.503 MbDistillate: +2.967 MbCushing: -0.743 MbProduction: +200K b/d (11.9 Mb/d)Total Demand: +1100 Kb/d (20.864 Mb/d)Total Petroleum Inventories: +5.0 MbIt's the season for crude draws!

[mcinta] 16/1/2019 15:39

Shares don't go vertical all the time, they are slow burners. Long haul for myself, its a pension busting winner in the long run...

[chutes01] 16/1/2019 15:30

lodge, be careful, this may be the verge of being called in over 2.3 Billion debt

[stansmith3] 16/1/2019 15:27

so i take it the all the bullish posts and attacking of anything remotely not bullish doesn't make you feel better?

[lodgeview] 16/1/2019 15:16

I'm actually frightened and worried. POO up and PMO down.

[onedb1] 16/1/2019 15:10

Oil up PMO down .. need to check my eyesight must say . Sometimes I think I just need to go for a long walk or holiday as taking a view on a daily basis is just a recipe for increased fury lol .

[seball] 16/1/2019 14:14

Strong Buy imo

[colebrooke] 16/1/2019 14:03

Drilling beneath the current discovery to test a deeper prospect and find that elusive oil water contact.

[vikingwarrier] 16/1/2019 13:56

That's comical. Corbyn has no chance

[chutes01] 16/1/2019 13:49

yes, the market May be in for a shock next week.

This looks extremely vulnerable, prospects of a Corbyn Govnt will hike rates and make Premiers debt unsustainable, hence I think the grab for more assets via a RI, otherwise Premier will not survive, as US banks want Catcher/Zama
Be careful

[chutes01] 16/1/2019 13:40

heading to 48p next week

[marvinridesagain] 16/1/2019 13:20

stansmith3
16 Jan '19 - 07:35 - 42805 of 42825

Don't you dare compare me with this idiot; all my posts are in the interest of improving the share price and stamping insider dealing and share price manipulation and putting in place a CEO who is capable of doing the job.

Jabba is not

[marvinridesagain] 16/1/2019 13:17

Ref: Steve73
16 Jan '19 - 03:18 - 42801 of 42824

Stevebore; get over yourself, your little tin pot thread would not influence the markets lol.

So your assuming the financial world homes in on your little thread and it influences the share price lol

ARF ARF ARF.

Nothing more than insider share price manipulation with the help of Jabba.

[fireplace22] 16/1/2019 13:15

markymar, only if Sealion and the Falklands resources generally don't become stranded assets, they can't be left undeveloped for much longer; peak oil coming much sooner than expected. .

[vanadiumx] 16/1/2019 13:08

Cyan - thank you. I will read these with interest

[markymar] 16/1/2019 13:06

They need to keep sea lion as it's the tip of the ice burge The prospects in Falklands is huge,low tax and more oil there than in North sea.

[fireplace22] 16/1/2019 11:54

If Corbyn gets in the Argies will probably get the Falklands never mind farming in to sealion

[cyan] 16/1/2019 11:51

Hi hsfinch.
You are spot on. Unlikely they could sell SEALION or get another partner.. PMO have recognised this for sometime,imo.

However, one must acknowledge that SEALION production will be more profitable than the North sea due to the low tax regime in the Falklands.

[hsfinch] 16/1/2019 11:46

I don't think Sealion will go ahead unless PMO gets more partners onboard. But who is gonna buy into it. They've been trying to farm down for years. No one's interested. If oil gets back to $100 somebody might be tempted. Or if Corbyn gets in, maybe the Argies will farm in. Messier than Brexit. So ain't gonna happen. IMO.

[cyan] 16/1/2019 11:35

Good morning vanadiumx

I should declare that I hold RKH. The SEALION operating costs will be almost the same as in the North Sea.

Please read the September presentation from RKH, notably page 8

"Field opex $15 per barrel"



That's interesting because that shows how close the costs are to the North Sea.
An article on North sea production;


2nd March 2018

"The new report suggests that spending was greater than previously reported. It also shows operating cost per barrel of oil produced has halved since 2014, at least in US dollars, reaching just above $15."

However; the BIG plus for the Falklands is the much more favourable tax regime .

[vanadiumx] 16/1/2019 11:07

Serica (SQZ) managed a deal like this v successfully last year, punching way above its weight.