Harbour Energy Share Discussion Threads

[marmar80] 01/2/2019 09:52

Oil is -0.6%. Nothing mad.

[lodgeview] 01/2/2019 09:48

Told you oil would plunge. A nice short here.

[binarypilot] 01/2/2019 09:17

I already have Lodgeview filtered from another thread somewhere.
Myabe ithaca.

A complete tool.

Seems he is behaving the same here....

Just filter

[oilretire] 01/2/2019 08:25

Translated marky link......


Premier Oil will drill four development wells this year in Natuna Sea Blok A. The drilling aims to increase production in the block.

Information obtained by Katadata.co.id, Premier Oil drilled wells starting April 2019. Drilling takes around seven to eight months. As a result, the target can be completed from October to November 2019.

The total investment will be issued by the British company to drill four wells reaching US $ 100 million. "Four wells will be drilled at Bison Field, Iguana, Gajah Putri and GBA8," said the source some time ago.

In this block, Premier acts as an operator with 28.67% management rights. Premier also has partners in the block, namely Petronas by 15%, Kufpec at 33, 33%, PTT EP and PHE 23%.

Citing the Premier official website, during the first half of 2018, the net production of Natuna Sea Block A averaged 12.8 thousand boepd. With this drilling hope, production can increase.

Besides Natuna Sea block A, Premier manages Tuna Blocks in the North Natuna Sea. This company has management rights of 65% and partnered with MOECO (25%) and GS Energy (15%).

(Read: Efforts to Boost Oil and Gas Investment that Dropped in the Last Three Years)

Premier has signed a Memorandum of Understanding (MoU) to sell gas from the Tuna Block in the Natuna Sea to Vietnam. It is planned that the Tuna block will flow gas in 2023.

[markymar] 01/2/2019 08:24

Premier Oil Drills 4 Oil and Gas Wells in Natuna To Increase ProductionThe total investment to drill four wells reached US $ 100 million.Premier Oil will drill four development wells this year in Natuna Sea Blok A. The drilling aims to increase production in the block.Information obtained by Katadata.co.id , Premier Oil drilled wells starting April 2019. Drilling takes around seven to eight months. As a result, the target can be completed from October to November 2019.The total investment will be issued by the British company to drill four wells reaching US $ 100 million."Four wells will be drilled at Bison Field, Iguana, Gajah Putri and GBA8," said the source some time ago.In this block, Premier acts as an operator with 28.67% management rights. Premier also has partners in the block, namely Petronas by 15%, Kufpec at 33, 33%, PTT EP and PHE 23%. Citing the Premier official website, during the first half of 2018, the net production of Natuna Sea Block A averaged 12.8 thousand boepd. With this drilling hope, production can increase.Besides Natuna Sea block A, Premier manages Tuna Blocks in the North Natuna Sea. This company has management rights of 65% and partnered with MOECO (25%) and GS Energy (15%).(Read: Efforts to Boost Oil and Gas Investment that Dropped in the Last Three Years )Premier has signed a Memorandum of Understanding(MoU) to sell gas from the Tuna Block in the Natuna Sea to Vietnam. It is planned that the Tuna block will flow gas in 2023.

[the guardian] 01/2/2019 08:17

Congratulations, you have joined my pond filter.

lodgeview31 Jan '19 - 17:32 - 43339 of 43355 (Filtered)

[markymar] 01/2/2019 08:14

https://amp.katadata.co.id/berita/2019/02/01/premier-oil-mengebor-4-sumur-migas-di-natuna-demi-naikkan-produksi

[oilretire] 01/2/2019 08:05

Thanks oil/whiskey, whilst PMO have not been directly linked with the CoP assets there could of course be a tenuous link via Ineos/Cheveron.

[jelenko] 01/2/2019 07:50

Ineos have pulled out of Conoco Phillips deal not Chevron!

[fitton] 01/2/2019 07:34

I have no real idea of the financials involved with the Chevron deal but my view is this.PMO will not raise money to buy the Chevron assets or operating licenses on its own, they can't afford it.They would never be able to launch a rights issue with the share price so low and a market cap of £600m. However, they could probably sell the NON producing Zama asset without any problem.I expect they have already had indications of interest.This money could then be used to finance part of the Chevron assets with possibly rights issue and, or, another form of debt financing.
The key to the deal would be they will then have purchased a producing asset with the sale of a non producing asset.This would in my opinion very well received by the market, subject to the terms of course.Ineos have pulled out of talks so it maybe the asset are to expensive in the current market. I must admit I still get the feeling that PMO are still way to small to pull of any deal.

[rbonnier] 01/2/2019 07:08

lodgeview 43351 of 43353 Filtered

I suggest everyone else does the same what a cretin .

[lodgeview] 31/1/2019 23:55

I expect a collapse in the POO overnight.

[cumnor] 31/1/2019 23:19

LV is an idiot, plain and simple. Bless him.

[newswseller] 31/1/2019 22:41

Lost your shirt eventually??

[lodgeview] 31/1/2019 21:35

I am very bearish on oil and PMO with 2.3 billion debt.

[seangwhite] 31/1/2019 20:44

Let's be kind to LV as he does not only thoroughly read the Mail and all of tweets from Nigel before thinking long and hard over every single one of his posts on this BB

[the guardian] 31/1/2019 20:17

You aren't short on PMO by any chance?

[lodgeview] 31/1/2019 19:30

This will tank tomorrow folks.

[markymar] 31/1/2019 18:46

Any one who buys chevron assets must have deep pockets and you would think PMO would also be of interest to them with 4 billion tax advantage they hold in North Sea.We are at a time where we are seeing a lot of take over activity as dog eat dog and Premier is undervalued and must be radar.

[ziblot] 31/1/2019 18:39

As far as I'm aware pmo are interested in any NS assets that make commercial sense.