Harbour Energy Share Discussion Threads

[frightened city] 07/12/2016 07:38

Dig into this article:
hxxp://www.epmag.com/mexicos-deepwater-round-exceeds-expectations-1451486#p=full
And you will see that Premier's erstwhile partner in Mexico, Sierra, has been successful in the Saline blocks in the Deep Water Round.
Premier nowhere in sight.
There is no future if the BoD has caved in to the bankers and abandoned exploration.

[deanroberthunt] 07/12/2016 07:37

charting for chimps

[paulbiya] 07/12/2016 05:09

Zak Mir. Peddling the bleedin obvious.

[ny boy] 06/12/2016 22:15

Until some significant news, I see this one trading in the 50/80p range

[seangwhite] 06/12/2016 20:17

Looks like a very red Brexit, at least in the financial sense for most.VGLTA

[ny boy] 06/12/2016 16:32

The bigger picture is the debt, this won't break 77p until some major positive news, in a trading range until then

[paulbiya] 06/12/2016 16:11

Red white and blue Brexit hahaha

[gilesgraves] 06/12/2016 14:53

Tullow had a much better day than PMO yesterday so its retracing more than PMO today.. Also remember though it didn't do as well as PMO on the OPEC news. PMO is the better bet long term I think. Its all swings and roundabouts short term. Long term these oil stocks are cheap. Its that simple.

[wooster4] 06/12/2016 14:46

tullow down 6%.

[the house of brexit] 06/12/2016 13:55

Look, if you're Long the problem today is with the POO, not PMO specifically. Like Giles says - look at the bigger picture and chill.

[bakedbean57] 06/12/2016 13:45

Not everyone was in at the bottom price and this shouldn't have been dropped in the first place as already stated was a defamatory media attack in coordination with shorting houses... not a conspiracy just good old fashioned ambiguous business... so the rises people mentioned are to most now artificial until this rerates properly and is allowed to do so.

[gilesgraves] 06/12/2016 13:39

Lets not get too down about this. Its just a bad day. After several amazingly good days. Tomorrow it will bounce back. There were "quad tops" in 2005, then the prices went through the roof. Quintrupling over the following couple of years. You have to take bad days in your stride. Just suck it up and stick in there. In the grand scheme of things these Oil stocks are cheap as chips. Just zoom out and look at the 10 year / 15 year picture. This is a once in a lifetime opportunity to buy these stocks cheap and sit on them until they bloom. Don't sell out every five minutes, its a sure fire way to lose your shirt. Just be patient.

[hearts1] 06/12/2016 12:48

Durrant needs to pull his finger out and end the debt fiasco.I hope he has hedged at least 25% of 2017 production at $56 plus.....

[volsung] 06/12/2016 11:40

I see the quad top as already happened. Oil should tank again as US production increases.

[ny boy] 06/12/2016 11:31

There would be a quad top at 77p resistance, hence why I will look to sell there. Still.. if it breaks, clear skies to around 100p. Can't see lower technically as 48.25p was a double bottom and 62p has held as support, below that support at 55p.

Don't see your 35p, unless OPEC renege on their production cut.

[deanroberthunt] 06/12/2016 09:54

anything's possible mein ober

[volsung] 06/12/2016 09:48

Back to 35p soon. Looks like a quadruple top to me chartwise

[ny boy] 06/12/2016 09:44

Just another retest of 62p area, should be a positive move north over the short term to test 77p restistance, just been busy buying Innovaderma (IDP)for a long term hold, bought some Tesco yesterday. Selective buying, there are a few others on my shopping list.

[deanroberthunt] 06/12/2016 09:18

chill out, I'm back in, last time I was in it went from 19p to 80p, so chillax

[deanroberthunt] 06/12/2016 09:12

it's all a conspiracy by the zionist elite

[begorrah88] 06/12/2016 09:10

Unfortunately PMO are still holding the door wide open for the shorters. The current timeframe of year end carries no weight and they know that.Even the last RNS said they expect deferral to be authorised again next month if required. Hardly signals a firm expectation of resolving the financing.It's rolled for the best part of 6 months and no urgency anywhere so any bond holders wanting to scalp the share price have an open goal at present.

[deanroberthunt] 06/12/2016 09:08

don't panic Mr Mainwaring

[nav_mike] 06/12/2016 09:07

They have been doing the same thing for weeks - on a likely good day for PMO they do their damndest to suppress any rise / momentum, then when oil has a wobble they attack hard.

Okay on some days (like OPEC day) they cant keep a lid on things, but by and large its kept
the price from trending up

I still cant get my head round it....oil at $54+ and we are at 63.5p