Harbour Energy Share Discussion Threads

[mano300] 28/3/2021 09:22

https://www.investorschronicle.co.uk/news/2021/02/11/safer-harbour-for-premier-shareholders/

[andypop1] 27/3/2021 21:03

Simon,
Existing shareholders are expected to get 5%, creditors 18% and the Chrysoar backers 77% of the enlarged shares in issue.
You will get one HE share for every PMO share you currently hold.
Good luck.

[dbensimon] 27/3/2021 14:13

Andy do we know how many share we are going to get in the new entity?

[andypop1] 26/3/2021 19:09

Marky,
The lunatics on the asylum are mixing old news with new to create confusion.
The shares were never going to be suspended as such, it just so happens the expected date of completion was today with the new shares in HE listed and trading on Monday the 29th. Completion is now expected on the 31st so the shares in PMO will be suspended at close of business with HE shares trading the following day, April Fool's Day, quite apt really.
Good luck.

[andypop1] 26/3/2021 12:09

Marky,
Wednesday to my knowledge.

[andypop1] 26/3/2021 12:08

Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
Zama Field Unitization Process Continues, Led by Mexico's Ministry of Energy
Talos_Energy_Logo
NEWS PROVIDED BY

Talos Energy
26 Mar, 2021, 10:59 GMT

HOUSTON, March 26, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos," or the "Company") (NYSE: TALO) today announced that the unitization process of the Zama field will enter its next phase, as established in Mexican regulation. The Mexican Ministry of Energy ("SENER") is now required to propose finalized terms of a Unitization and Unit Operating Agreement ("UUOA") based on international best practices and considering inputs from the parties.

Petróleos Mexicanos ("Pemex") and the Block 7 consortium, comprised of Talos and partners Premier Oil and Wintershall Dea, did not propose a UUOA to SENER within the initial timeframe established by the unitization guidelines, which ended March 25, 2021.

President and Chief Executive Officer Timothy S. Duncan commented: "Since the presentation of the original key terms for the UUOA, significant progress in reaching a common understanding has been largely achieved. We appreciate the increased momentum and commitment from Pemex towards achieving a joint resolution. As we transition into this new phase in the process, we look forward to continuing to engage constructively with both SENER and Pemex and we are confident we can achieve a positive outcome for all parties."

Discovered in 2017 by the Talos-led consortium, Zama is a shared reservoir that extends from Block 7 to neighboring Pemex AE-0152-Uchukil Asignación in the Cuencas del Sureste, in the Bay of Campeche in Mexico.

[stansmith3] 26/3/2021 07:44

markysincerest apologies, i wont forget to put you on the nutjob list againbest

[markymar] 26/3/2021 07:35

Morning all,not sure if this is the last trading day of PMO or Monday but good luck all

[stansmith3] 26/3/2021 07:23

shafquietly holding based on your experience is completely different to claiming its going to treble, ganging up and trying to shout down anyone critical, claiming you averaged in all the way down and at the bottom, claiming you are in profit and that its going to then five bag...thats what the nutjobs have doneso you have a bit to go before you are considered in the onedb, whites123,adg,emily,patience a virtue class

[shaf200] 25/3/2021 22:50

I might be one if them nut jobs your taking about... I hold about 25K at average of 40p... BUT with the merger I feel it a matter of time before they double...wount be able to give you a fancy justification... just guts, instinct and 25 years in the game... I remember buying Taylor wimpey at 10p!!

[sbb1x] 25/3/2021 17:05

Whitebox Advisors LLC short position in PREMIER OIL PLC up 0.11% to 4.43% #PMO $PMO #LSE #StockMarket #Stocks #Shares #Business #Markets #Trading #News #Investing #Short https://t.co/vM411LdLkR

[julcester] 25/3/2021 06:01

Oil only up cos of the obstruction in the Suez Canal. Once that's cleared, price of oil will subside.

[andypop1] 25/3/2021 00:19

Ok young marky,
I understand you don't want to talk about the demise of PMO having held on to it for so long in the blind hope your misleading posts would come to fruition, so why don't you instead give us the investment case now that new management are about to take control?
Please don't forget to mention the 3.3 billion creditor shares and how they could possibly suppress any positive movement on the share price.
A bonus would be an explanation on private equity, is it the backers end game to exit with a profit or to leave an open cheque book on the table?
I would say thanks in advance but I don't foresee a reply that will add any value to this board.
Night mate.

[andypop1] 24/3/2021 22:40

Talks between Pemex and a group of foreign companies led by Talos Energy (NYSE:TALO) over how to develop the giant Zama oil field look set to continue past tomorrow's deadline, Bloomberg reports, as both sides try to work out the technical details of a potential agreement.
Despite years of talks following the field's 2017 discovery, both sides have yet to agree on who should have a majority stake in the combined filed and who would operate it.
The current round of talks reportedly still must establish how profits should be split and who will operate the shared reservoir.
If the two sides fail to reach a deal by the deadline, the energy ministry will be charged with finalizing an agreement, although Pemex and the consortium would still need to sign off on it, according to the report.
Pemex CEO Octavio Romero said recently that Pemex would consider allowing the Talos-led group to operate the shared field if it met certain conditions.

[andypop1] 24/3/2021 22:27

Young marky,
The toleration of each other didn't last long, I shouldn't be so trusting, lol.
Rather than acting like the petulant teenager you are, calling me names, why don't you tell the story of PMO's demise in your own words?
You should know the history given you have been promoting this for so long.
Over to you mate.

No tin hats were needed in the end but do keep them close by!

Good luck.

[shaf200] 24/3/2021 16:50

What goes down must go up.... hold on might be the other way around...

[crazi] 24/3/2021 09:46

Brent up nearly $2

All Oil stocks on the Bounce.

[csmwssk12hu] 24/3/2021 08:47

BMY BMY baby, shuttle hint there for today’s take a look at, can’t wait for this to sort itself out and see where it goes, the price pressure at the moment is the falling oil prices and short selling, would be interesting to see what happens when those oil prices pick up again imho dyor

[stansmith3] 24/3/2021 07:44

really?i didnt know that, that is some going