Harbour Energy Share Discussion Threads

[rich73] 10/2/2017 07:16

I just get "HTTP 500 Error" for all the chat boards. I have done since yesterday evening on several devices. Something is very broken.

[leoneobull] 10/2/2017 07:10

Dear all.

A warning - i think the LSE site has been hacked. When one goes to PMO the website says not protected and then it says there are 363 cookies attached to this site and a warning saying it is trying to steal credit card details.

The PMO thread is blank with no messages! Did abody else notice same thing?

[marvin9] 09/2/2017 16:55

Ultra under valued!

[patience a virtue] 09/2/2017 16:25

One further top up done.
'Once you see the light at the end of the tunnel it seems quite exciting' - TD.

[deanroberthunt] 09/2/2017 15:57

chill....
if you built it, he will come....

[investordave] 09/2/2017 15:52

Incredible. The share price goes up 3p and the sellers come out in droves. Bar stewards the lot of them.

[deanroberthunt] 09/2/2017 14:15

worth a listen if you've got 5 mins:

[bakedbean57] 09/2/2017 14:01

At last op update we peaked at c95k boepd.

[deanroberthunt] 09/2/2017 13:26

and hearts1, they are currently over 80k now, Q4 2016

[deanroberthunt] 09/2/2017 13:23

what about further progress with EON assets + infills ?

I still think it'll be nearer 120k than 95k

[nav_mike] 09/2/2017 09:08

Link to interesting article on the methodology of stock manipulation by the large players (via the lse board)

apologies if posted here before

[deanroberthunt] 09/2/2017 09:00

On my rough calculation Premier could be producing circa 120kbopd by mid 2018, with a guide price of Oil around $65, and with a worst case of all in costs including capex at $50...that equates to $657m fcf pa....

with that scenario playing out, they could in theory pay off the debt within 4 yrs.

[begorrah88] 09/2/2017 08:57

If you didn't laugh you'd cry

MM's fielding the buys [is the shorter YTS boy late in today?] and taking the bid off when no sells are going through.

We had 79p on the bid - no sells
Now 78.5 on the bid when still no sells have gone through.

Ah well, more of the same for a while yet then

[deanroberthunt] 09/2/2017 06:39

PMO & RKH need to engage a Major Oiler for Sea Lion, Farming out a decent chunk and let them run it.....XOM or RDS would be the ideal

[leoneobull] 08/2/2017 21:00

I find it astonishing that if a PI tried to entirely manipulate and dominate the order book they would probably be arrested for fraud. Meanwhile absolutely fine for shorters to do so

[marvin9] 08/2/2017 20:49

MARKET WATCH: Oil prices drop pending US inventory report
HOUSTON, Feb. 8
02/08/2017
By Paula Dittrick
OGJ Upstream Technology Editor


Light, sweet crude oil prices dropped more than 80¢/bbl on the New York market Feb. 7 for a second consecutive day and prices continued to drop in early Feb. 8 trading in advance of the weekly US oil and products inventory report from the US Energy Information Administration.

Analysts and traders surveyed by The Wall Street Journal in advance of EIA’s report forecast that US crude inventories rose 2.5 million bbl for the week ended Feb. 3. Separately, data from the American Petroleum Institute showed US crude oil supplies rose 14.2 million bbl for the week ended Feb. 3.

The Organization of Petroleum Exporting Countries and other major producers started production cuts in January. US rig counts and production, meanwhile, is climbing.
Commerzbank analysts estimate the US is producing nearly 9 million b/d. EIA estimated US production as of Jan. 27 at 8.915 million b/d. EIA has forecast 2017 US production will reach 8.98 million b/d.

BP PLC is considering ways to increase US unconventional oil and gas production, BP Chief Executive Officer Bob Dudley told analysts Feb. 8 after BP reported its earnings. BP said it would be cash-flow neutral if Brent prices were $60/bbl during 2017 (OGJ Online, Feb. 7, 2017).

When asked about future investments, Dudley said BP will use “a lot of discipline.”
Energy prices
The NYMEX crude oil contract for March delivery dropped 84¢ on Feb. 7 to $52.17/bbl. The April contract was down 85¢ to $52.78/bb.

US natural gas futures for March delivery gained 8¢ to a rounded $3.12/MMbtu. The spot gas price at the Henry Hub in Cushing, Okla., jumped 12¢ to $3.04/MMbtu.
Heating oil for March fell 1¢ to a rounded $1.62/gal. Reformulated gasoline stock for oxygenate blending for March dropped 2¢ to a rounded $1.49/gal.
The Brent crude contract for April on London’s ICE fell 67¢ to $55.95/bbl. The Brent May contract was down 77¢ to $55.33/bbl. Gas oil for February closed at $485.75/tonne, down $8.25.

The average price for OPEC’s basket of benchmark crudes on Feb. 7 was $52.78/bbl, down 99¢.

[marvin9] 08/2/2017 20:41

IMHO we should sell our interest in Sea Lion, we do not have the management skills or experience to bring this production on stream, or if so, the urgency; at best we need a partner to provide these lack of skills but again would be costly for PMO share holders.

Sell it, bring the debt down or better still, use the proceeds and buy something closer to home..

[hearts1] 08/2/2017 19:56

Another point is this is a large company, hopefully 350 next year. It's not an Aim style Lenigas pump and dump Ponzi which farts out news flow to keep the mug punters happy.Wait for the March update.

[hearts1] 08/2/2017 19:54

Fair post by Deano, in most industries where banks are significant lenders they have a big say on capex or acquisition. If it stops another Solan then can only be good. It was a good deal but the PMO market needs to rebalance before it can set sail.

[marvin9] 08/2/2017 19:05

Beano,, glad to see the wacky backy arrived and your fully tanked up.

Tony has been in the naughty corner since he announced an average deal, me and you could have put together a better deal in half the time.

He moaned the deal took so long to resolve because of the amount of lenders involved; with the time taken, I assumed he would have dumped a few and consolidated the loan with a few less. but no.

For you insolence Tony gets a C - for lack of effort.

If things don't improve he should get expelled and sent to the naughty corner for good.

[marvin9] 08/2/2017 16:09

Nicked:

Just spoke to Elizabeth at pmo regarding what's happening as you can guess all shareholders are frustrated with the Shorting

She said it's the convertible bond holders Shorting as balancing their books. Didn't really understand how it works but that's what she said. Hopefully shouldn't continue much longer.

Also with regards to the warrants she said it was a no brainer compared to the interest the lenders were asking for.
Pmo will do well but maybe short term pain
Good luck all holders