Harbour Energy Share Discussion Threads

[steve73] 16/2/2018 09:22

AI, there's only occasional AIS coverage at Catcher so it's easy to miss the offloads unless you can set-up an alert when a tanker shows it's destination as CATCHER, and then hope that it passes by an AIS station at some point. That was how the first offload got picked up.. The Navion Oslo (IIRC) left Aberdeen anchorage and was "live" for just a couple of hours on it's way to the Cat. Next indication was about 3 days later on its way to discharge its cargo.

I'd expected the 2nd offload from late last week (with a 10 day window), so it's either imminent or it's been and gone....

There's a few who keep a close eye on ship movement on LSE, but I've not seen anything mentioned there (although I don't both to look in there often - too many complete nutters on that board, thankfully we're not infested!!)

[american idiot] 16/2/2018 09:02

Dean, read up on recent Shale oil production increases in the US. US oil production is going through the roof at present and could potentially drive oil prices down much furthur. Highly indebted oilers like PMO will come under huge pressure if POO does fall.

It certainly will pay not to be too bullish here. Caution advised.

In the meantime, enjoy this little bounce :-)

[deanroberthunt] 16/2/2018 08:55

shares can be irrational far longer than most can remain solvent or patient...eventually value will win out, but you have to be prepared to wait...

[american idiot] 16/2/2018 08:51

Buy in the closing auction (or towards 4:30pm) and sell on the early morning rise seems to work well here recently.

Buy and hold doesnt work here. You gotta trade the moves where possible Beg.

[nav_mike] 16/2/2018 08:11

I have to admit its hard not to get caught up in the conspiracy theories, when you glance at SETS and see what they are doing

On another supposedly bullish day for oilers, they are smashing the bid for all they are worth.

Lets hope its only temporary :)

[begorrah88] 16/2/2018 08:04

It'll just be more of the same today won't it?

Lift early to pull punters in and then the bot walk down

Except lots more PI's are wary and will take any profit they can see now

[american idiot] 16/2/2018 07:51

Ah brilliant Beg, thanks.

I completely missed that.

I like to track offloads thats all just to confirm things are going accordingly.

[begorrah88] 16/2/2018 07:39

Do you mean this from the 24th?

24 January 2018

Premier is pleased to provide the following update on its operated Catcher Area development, which was successfully brought on-stream on 23 December 2017.

The first export cargo of Catcher oil of approximately 500,000 barrels was lifted yesterday, earlier than anticipated, and has been sold at a premium to Brent. The second cargo, which is scheduled for the third week of February, has also been sold at a similar premium to Brent.

[american idiot] 16/2/2018 07:28

Ok, so Brent bounced back last night and the FTSE is up 30 points. Wall Street futures up around 90 points right now. Indices recovery continues...

Hoping for a bullish start here today.

FWIW, theres a bloody great potentially bullish Inverse Head & Shoulders pattern developing on the Brent Oil chart still. IF we see a break above (around or about) $65.5 then theres a price target of $68.5.

From past experience, these type of patterns have a habit of playing out. I sure hope this one does.

Anybody a rough idea when Catchers first offload is anticipated to be ?

[prewar] 16/2/2018 07:00

Don't encourage him please.

[oilretire] 16/2/2018 06:24

Errr, Marvin why are you comparing company values using the SP??

[marvin9] 16/2/2018 05:56

Yep as said; Rockbopper 25p.............. PMO only 70p REALLY?????????????

[marvin9] 16/2/2018 05:55

RALF! Your up early; did you get poked in the bum early this morning by Puppet Jabba.

What's wrong cant he sleep now the oil price is recovering and has been given a telling off from his share price manipulation mates?

[emilio] 16/2/2018 04:55

STARVING also playing his DIDI every day ! asa

[marvin9] 15/2/2018 21:34

How can Rockhopper be valued at 25p and PMO only be valued at 70p?

Lost for words

[asa8] 15/2/2018 20:45

Big boys plaything this is for now fundamentals out the window could be a £1 tomorrow or 50p

[mt150] 15/2/2018 20:40

It is plain ridiculous and as nothing to do with fundamentals of a company. Im sure if for example company A had hedged 70% of production and company B 10% production they would both perform the same

[paulbiya] 15/2/2018 18:34

Same applies to TLW where algos also present....and it isn't an aim stock or small......

[paulbiya] 15/2/2018 18:33

Agreed. PMO, TLW and ENQ are performing badly in synch. But ENQ in a worse position

[s34icknote] 15/2/2018 16:46

Enq and Tlw the same. Lack of confidence and long term vision .Sicknote

[begorrah88] 15/2/2018 16:25

This is oblivious to oil at presentJust machine driven to take it (& the other small oilers) downThe POO spikes come across as just a minor inconvenience the walk down is interrupted by