Harbour Energy Share Discussion Threads

[adg] 14/3/2019 08:51

Off topic - would be grateful of a bit of advice re Shares ISA

Regarding performing a "bed and ISA" of some shares,

I have my CGT allowance for 2018/19 pretty much used up.

I want to use £20k of bp shares I hold in certificated format and put them in my shares ISA to utilise the £20k allowance. If I were to sell the bp shares I would attract CGT so a bed and ISA function is I think allowable without paying any CGT - 1st question - is that strictly true?
- 2nd question - I am away from home just now so if I were to put £20k cash into the Shares ISA and then sell £20k of bp shares when I get home would that still be acceptable or does the broker have to bed & ISA the shares for me?

TIA
besltd

[stansmith3] 14/3/2019 08:45

rising oil price?lol

[jelenko] 14/3/2019 08:30

April can be a very positive month for PMO share price This has been the month when large moves have been made in the past say +30%. Let's hope this year can deliver a similar move.

[osirisra] 14/3/2019 08:16

Shorts closing maybe?????

[johnwise] 14/3/2019 07:34

Feds forced to raise oil price forecast amid Venezuela sanctions

[johnwise] 14/3/2019 07:28

Premier Oil PLC 53% Potential Upside Indicated by Berenberg


Premier Oil PLC with EPIC/TICKER (LON:PMO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Premier Oil PLC are listed in the Oil & Gas sector within UK Main Market.

Berenberg have set a target price of 120 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 53.0% from the opening price of 78.45 GBX.

[oilretire] 13/3/2019 23:41

There's also this headliner nearer the top of the Talos results......

In Mexico on the Zama project, our operations execution has been outstanding. As part of the ongoing appraisal program we confirmed the oil-water contact per our geological model and have encountered more sand than expected in the first down-dip location. We are excited about the impact this discovery will have in the Mexican economy and to Talos shareholders

[oilretire] 13/3/2019 23:37

ap1, "It's not got anything to do with Zama" - why do you say that?

That's far more information than I've seen to date & very positive.

Sounds like the ST has already TD'd if they have cored it?

And to have a protracted 'weeks' worth of DST program planned is very positive indeed.

[andypop1] 13/3/2019 22:53

adg,
It's not got anything to do with Zama, this is the latest update hot off the press.

"Block 7 – Zama appraisal program

As previously announced, the Zama-2 appraisal penetration was successfully and safely completed approximately 28 days ahead of schedule and 25% below projected costs. The well confirmed a contiguous Zama Upper Miocene sandstone interval thicker than the Zama-1 discovery well and slightly thicker than the pre-drill estimates for the Zama-2 well, with high quality rock properties analogous to Upper Miocene sands in the US Gulf of Mexico.

The Zama-2 penetration also reached the oil-water contact slightly deeper than the anticipated depth and consistent with our geophysical models. Preliminary pressure data indicates that the reservoir area around the Zama-2 appraisal well is connected to the Zama-1 discovery well and Talos expects the Zama-2 vertical sidetrack and the Zama-3 wells will provide additional information about the reservoir connectivity and consistency.

The next step of the appraisal program is currently underway with an up-dip vertical penetration in the Zama reservoir from the main bore hole of the Zama-2 well, called the Zama 2-ST, which has been cored and a drill stem test will be performed in the coming weeks. The second appraisal well, Zama-3, will be drilled to the south of the original discovery well and will help delineate the reservoir continuity and quality in the southern part of the field and will be cored to better understand the reservoir geology."

So it must be those pesky PIs, good luck with that.



hxxps://www.talosenergy.com/news/press-release-details/2019/Talos-Energy-Announces-Fourth-Quarter-And-Full-Year-2018-Financial-And-Operational-Results/default.aspx

[ny boy] 13/3/2019 20:53

Long term holders at higher up will eventually break even or make profits, unless they have been averaging down and already at break even or in profit, PMO is in play now on the back of rising oil prices and broker revised targets GLA

[seangwhite] 13/3/2019 19:18

Let's hope Jefferies are more accurate at forecasting than Berenberger for the long suffering holders of PMO. POO is on the rise which will help hopefully achieve somewhere close to an average of the two brokers between the two at 140p

[jelenko] 13/3/2019 18:56

My appologies, Jeffries are on £160p

[seangwhite] 13/3/2019 18:14

JelenkoThe Berenberger target is now 120p and if Zama comes in with a decent upgrade I would hope to see this raised.

[lbrokes] 13/3/2019 15:55

Bubbling hot

[jelenko] 13/3/2019 15:48

Johnwise Their target is now £1.60p

[onedb1] 13/3/2019 15:28

Lots to recover but things looking positive .

[ziblot] 13/3/2019 15:16

what a lovely sight.

[qs99] 13/3/2019 15:06

Nice bowl and upgrades from what has been posted...DYOR

[binarypilot] 13/3/2019 14:48

not had a day like this for a while.

Must be all those PIs watching the inventories and piling in, eh.

[ny boy] 13/3/2019 14:43

It’s been brewing, oil sector is where investors are at, as oil moves higher.

Me likes the 80’s but I don’t mind a bit of the 90’s too!

Close above 80p will be bullish imo

[tab27] 13/3/2019 14:35

We break 81.90 and we are out of this rut!

[colebrooke] 13/3/2019 14:34

EIA inventory saw a drawdown of 3.862 million estimates were for a build of 2.655 million oil moving up to new high on day BOOM

[adg] 13/3/2019 14:32

Good jump today - maybe there could be info leaking about zama appraisal?
Or perhaps a positive slant on purchase/smart deal of some of Chevron assets ?
As usual we will be last to know whatever it is !

[johnwise] 13/3/2019 14:26

Premier Oil PLC 53% Potential Upside Indicated by Berenberg


Premier Oil PLC with EPIC/TICKER (LON:PMO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Premier Oil PLC are listed in the Oil & Gas sector within UK Main Market.

Berenberg have set a target price of 120 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 53.0% from the opening price of 78.45 GBX.

[seangwhite] 13/3/2019 14:21

It would be good to get to the share price up to 96p which would still be a 33% reduction on the 52 year high. Zama update due soon could really move this in the near term.