Harbour Energy Share Discussion Threads

[nav_mike] 30/11/2016 18:11

Will our resident shorters begin to close, or will they lurk in the shadows waiting for the current euphoria to quieten dowm?

[leoneobull] 30/11/2016 18:05

Cheers Dean!

[leoneobull] 30/11/2016 18:02

Pmo is worth 3 pounds by the end of next year dyor and if you wish to take the advice of ny boy please check in to paupers' anonymous

[mpclag] 30/11/2016 17:46

pmo must surely be heding at $54 for 2017

[oilandgas1] 30/11/2016 17:37

It was close and the shorters lose on this one for now.

Pmo need to increase production (news)
POO needs to move above 55$
Pmo needs a debt deal asap 4 to 6 weeks??

Risks post OPEC Deal
Risk: compliance: quotas not stuck to for 6 mths and could be hard to track and manage - transparency.
Risk: shale ramps too quick for market, how soon? How much?
Risk: what Trump does in oil industry, in particular with Canadian imports.
Risk: demand increases need to continue

Actual proposed deal: 1.2m to 32.5 01jan17
KSA 486kbopd cut to 10.06mobpd
Iran capped at 3.797mbopd
Iraq cuts by 200kbopd
( non-OPEC and Russia to possibly cut too.. about 600kbopd on 09Dec16)

OPEC and Non OPEC (TBC on 9dec) = 1.2 + 0.6 = 1.8mbopd

[ny_boy] 30/11/2016 17:36

The REAL ny boy is buying - keep going up PMO!!!

[jotoha2] 30/11/2016 17:25

Ny boy was here at 20p spouting doom and gloom , just keep buying when he is putting a damper on PMO.

[puzzler2] 30/11/2016 17:21

So, a near 20% gain for those of us who bought close to 50p (some 2-3 weeks ago in my case). Where's NY Boy to tell those of us who had the foresight to believe that OPEC would do a deal, that we're "deluded bulls"?

[emilio] 30/11/2016 17:15

Starving Marvin is Bankrupt !

[wooster4] 30/11/2016 17:14

Where is dippy marvin??

[bakedbean57] 30/11/2016 17:09

Let's hope the media in relation to POO and PMO in particular don't play their part like they did in the recent short attack, if it's apparent again I hope someone takes note as it was blatant last time... Hoping some coordinated PR and appropriate financial updates outside of the Monthly roll over are in the pipeline and we take a proactive stance to allow the catalyst we need to rerate properly. I'll take that today hopefully POO continues into an upwards momentum to stabilise the fundamentals, here is to what could be a great Xmas / Year end result the long term faithful deserve.

[manics] 30/11/2016 16:56

Potentially an incredible recovery to come here if the market can come to believe (motivated by improved and confirmed fundamentals from Tony) that Premier Oil will indeed survive the one of the worst downturns their sector has seen.

[eastender boy] 30/11/2016 16:30

Like I said earlier today 60p finish. the tide has turned and I look forward to see the shorts closing their positions over the next few days. not sure about £1 by xmas but I can see 80p

[chutes01] 30/11/2016 16:29

surely no-one was short here ??

[mreasygoing] 30/11/2016 16:26

Marvin Marvin, you've taken one hell of a beating.

[leedskier] 30/11/2016 16:19

1.2 million cut by OPEC effective beginning January.

Indonesia as a net importer asked to be suspended because it could not cut.

The agreement is subject to 600K barrel cut by key non OPEC producers. Received pledges including a pledge from Russia to cut 300K barrels a day.

Another future press conference maybe in Moscow in respect of the non OPEC cuts.

[leedskier] 30/11/2016 16:13

Up and running now.

[leedskier] 30/11/2016 15:42

Web cast of the OPEC news conference due to start shortly. Meanwhile chatter from a lady who is apparently tuned in to the oil market.

[leedskier] 30/11/2016 15:36

Georgi KantchevVerified account
@georgikantchev
Wall Street Journal financial markets reporter; [e-mail]

[leedskier] 30/11/2016 15:36

Georgi KantchevVerified account
‏@georgikantchev
*OPEC Deal Being Drafted
*Indonesia OPEC Suspension Doesn't Significantly Affect Size of Cut: Sources @WSJ

[lodgeview] 30/11/2016 15:28

What's that smell? Hahahaha!!!!!

[ny_boy] 30/11/2016 14:54

Come on you beauty!!!!

[mreasygoing] 30/11/2016 14:48

Never happy. Never sad. No emotions with shares. I'll leave that for the ladies ;-) or gents who like jumping up and down for joy or slitting their wrists.