Harbour Energy Share Discussion Threads

[stansmith3] 21/4/2020 20:39

yes all good here, thanks too true

[cyan] 21/4/2020 20:36

Hi stan.
I have reasonable health and family are all well thanks. You keeping well too?

These are strange awful days for so many and while we bemoan our shares performances we must count our blessings.

[stansmith3] 21/4/2020 20:25

cyanlong time no speak, hope all ok with you and yours

[cyan] 21/4/2020 20:22

Good evening RBonnier.
I heard that too. I also heard , if successful might be ready to start volume production for general public as soon as September. We can but hope it works to save countless lives.

[rbonnier] 21/4/2020 19:54

Dont be expecting a vaccine anytime soon .

Depends what you class as soon I class soon as 9-12 months .Clinical trials start on Thursday of this week i hear the scientists are 80% it's going to work.Keep praying it does then come this time next year this nightmare will be over .

[traderpawel] 21/4/2020 19:40

What is the likeliness of pmo going bankrupt?
How much cash do they have to keep them going? Would banks be keen to lend again?

[stansmith3] 21/4/2020 19:26

just wait til all those saudi tankers pull up off american coast50mmb two weeks out

[andypop1] 21/4/2020 18:53

The Brent June contract is now down 31%, $17.60 as i type.

[onjohn] 21/4/2020 16:28

10p is coming
What you want to ball with the kid
Watch your step you might fall
Trying to do what I did
Mama-unh mama-unh mama come closa'
In the middle of the club with the rub-a-dub
No love for the haters
Mad cause I got floor seats at the Lakers
See me on the fifty yard line with the Raiders
Met Ali he told me I'm the greatest
I got the fever for the flavor of a crowd pleaser
DJ play another
From the prince of this
Your highness
Only bad chicks ride in my whips
South to the west to the east to the north
Bought my hits and watch 'em go off a go off
Ah yes yes y'all ya don't stop
In the winter or the (summertime)
I makes it hot

[heialex1] 21/4/2020 16:27

Whatever happened to the proposed acquisition? And whilst I'm a backer of PMO, the price agreed previously looks insane at this stage... surely there will be better deals out there now?

[stansmith3] 21/4/2020 15:52

inventor of the polio vaccine said a vaccine may not be found

[eggy toast] 21/4/2020 15:21

SARS 'cure' wasn't followed through because the problem disappeared and as there was supposedly no money in finding a 'cure' for a virus that wasn't troubling anyone, the companies stopped the research.

[binarypilot] 21/4/2020 12:18

This virus IS a form of SARS.

SARS-CoV-2 is the name of the virus that cuases the disease COVID-19.

So dont be expecting a vaccine any time soon.

[zztop] 21/4/2020 12:07

No cure for virus... never found on for SARS

[manics] 21/4/2020 10:35

...and indeed now we see the bleakness reflected in Brent. Down over 21%.WTI was foreboding.

[investor114] 21/4/2020 10:31

Oil stocks not the stocks to be in now... its Bioteck and Pharma looking for a cure for the virus.


4d Pharma(dddd) might be worth a look at but as always DO YOUR OWN RESEARCH.

[sbb1x] 21/4/2020 08:58

Andypop1 is that the original Andyp from lse 2016/2017 ?

[stansmith3] 21/4/2020 08:42

andyi know you dont follow enq so much after being proved rather right and outplaying onedb1 again, but i thought it might tickle you to know that amjad was buying yesterdayhe doesnt half pick the times! of course the natives see this as very positive

[manics] 21/4/2020 08:20

whites123: have to disagree with this:

"The picture in the market is not as bleak as this eye-popping headline would suggest."

We can't say a situation of this gravitas is limited to the May contract because it very likely won't be. As things stand we are decently likely to repeat at June expiry, unless cavernous new storage suddenly comes online and/or demand goes vertical over the next four weeks. We can each take our individual view on that hapenning.

Contract expiry doesn't wipe the macro slate clean each month, and so it's bleak to the point that we are writing history in oil markets.

[sandcrab2] 21/4/2020 08:05

I'm confused. You think PMO is going below 5p?

[1corrado] 21/4/2020 07:44

someone said that the new ceo is like a poundland ceo may be he is right get ready not long to go..............i have no position but looking to buy below 5p.

[whites123] 21/4/2020 07:38

TLW and PMO always seem to appear in the same sentences...
So I am certain many PMO supporters will be pleased to read and absorb the TLW news today.

Many countries now relaxing the lockdown restrictions. This WILL have increase the demand on oil. Anyone who plays the line of the demise of oil really needs to re-evaluate their claims. It would lead to WW3. No doubt at all.
Oil price will be supported by Saudis, Russia etc now. Possibly even further cuts ontop of the historic cuts we saw (Which have not played out yet).
The demise of many US rigs will further strengthen the likes of PMO and TLW position in the market place.
A lot of people stand to become very rich off the rebounds WHEN they come..


Tullow Oil PLC
Appointment of Rahul Dhir as CEO
RNS Number : 2660K
Tullow Oil PLC
21 April 2020

News Release



Appointment of Rahul Dhir as CEO of Tullow Oil plc

21 April 2020 - Tullow Oil plc (Tullow) is pleased to announce the appointment of Rahul Dhir as Chief Executive Officer and an Executive Director of the Group. Rahul will take up his appointment from 1 July 2020 and Dorothy Thompson, currently Executive Chair of Tullow, will return to her position as Non-Executive Chair after a limited period of handover.

Rahul brings extensive leadership experience in oil and gas to Tullow. He is currently CEO of Delonex Energy, an Africa-focused oil and gas company that he founded in 2013. Under his leadership, Delonex has delivered low-cost drilling and seismic operations along with leading social and environmental performance in sub-Saharan Africa. In Chad, the company has achieved material exploration success and discovered substantial oil resources. Delonex has also delivered exploration campaigns in Ethiopia and Kenya where Delonex operates Block 12A with Tullow as a non-operating partner.

Prior to establishing Delonex, Rahul served as Managing Director and CEO of Cairn India from its IPO in 2006 until 2012. During Rahul's tenure, Cairn India delivered operated production of over 200,000 barrels of oil per day with operating costs of less than $5 per barrel of oil. Cairn India also successfully delivered over $5 billion of development projects including the world's longest heated pipeline at a finding and development cost of less than $5 per barrel of oil.

Rahul started his career as a Petroleum Engineer, before moving into investment banking where he led teams at Morgan Stanley and Merrill Lynch, advising major oil & gas companies on merger and acquisition and capital market related issues. Rahul is a UK citizen and was educated at the Indian Institute of Technology (BTech), the University of Texas (MSc) and the Wharton School (MBA).

Dorothy Thompson, Executive Chair of Tullow Oil Plc, commented today:

"I am delighted to welcome Rahul to Tullow and am very pleased that he has accepted the position of CEO. His oil & gas, financial and African experience combined with his record of strong leadership made him the stand-out candidate for the Board. I look forward to Rahul joining Tullow in July and working with him closely in the coming years."



Rahul Dhir, Chief Executive Officer-designate of Tullow Oil plc, also commented today:

"I am very excited at the opportunity to lead Tullow and re-establish it as an iconic company in our industry. The company has high-quality assets and great people. It also has a unique position in Africa, built on a proven track record of responsible operations, strong relationships and a commitment to sustainability. I am looking forward to working with the team and the Board to re-build an exceptional business."