Harbour Energy Share Discussion Threads

[deanroberthunt] 26/1/2017 08:13

If the lenders wanted to pull the plug they'd be luck to get $400-500m in a firesale at this juncture.....PMO only paid $120m for 15-17kbopd for EON assets.

[steve73] 26/1/2017 08:04

Meanwhile the bonds are continuing to creep up...

Remember the debt holders have $2.8B in this company compared to the shareholders just GBP0.47B (i.e. almost 5x) so I'm happy if they're happy.

[nav_mike] 26/1/2017 07:41

Marshall Wace LLP again adding to their short position

An extra 400k shares (0.08%) since last report

Seem to be the only ones adding

[hearts1] 25/1/2017 21:54

Marvin, do shut up little boy.

[marvin9] 25/1/2017 21:02

Stolen from the HUR Thread, but you lot need a bit of good news:

North Sea Oil Producers Cash In On Asian Demand, OPEC Deal

By Irina Slav - Jan 24, 2017, 8:15 AM CST
North Sea Jette Field
Crude oil from the North Sea is flowing to Asia at record rates, set to reach 12 million barrels this month, Bloomberg reports, citing shipping data. Tankers carrying 9 million barrels are already on their way to Asian refiners and another 3 million barrels are to be loaded this week.

North Sea producers have been struggling with falling yields due to field depletion and lack of capital for investments in new deposits because of the price crash, in addition to a mini-glut of 12 million barrels of crude accumulated since the start of the price crash. The glut was relieved late last year thanks again to Asian refiners.

The increased demand for North Sea oil from Asia comes on the back of the OPEC production cut agreement that saw many Middle Eastern producers slash their exports in proportion with output cuts. This curb in Middle Eastern supply has made the more expensive North Sea blends inevitably more appealing, hence the record loadings.



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These developments, although certainly good for North Sea energy firms, raise the question how long it will take Middle Eastern producers to recapture the market share they will certainly lose over the next five months, until the production cut agreement is in force.
Related: Oil Prices Could Reach $60 This Year: Novak

If Chinese demand for oil continues to rise as predicted, to 12 million bpd, this year the hunger for alternative supplies will persist, allowing more players to replace Middle Eastern producers that supply Asian markets. Once there, they are unlikely to go quietly once the Middle East states return.

This prospect could turn the next five months into a nervous game and reduce the willingness of the signatories to the agreement to keep their end of the bargain, despite the recently announced setting up of a monitoring committee to ensure compliance.

[marvin9] 25/1/2017 20:47

LMAO pathetic

[ny_boy] 25/1/2017 20:36

Remember when starvin' marvin predicted PMO to be 400p ?

[seangwhite] 25/1/2017 20:04

Sobering thought that with Trumps vice president's appointment the US now has the Donald and Mickey duo in charge.Walt Disney must have known something all those years ago. His early work is now recognized for its comedy and satire.Might it be that the real life duo turn out to be funnier than the original cartoon characters.VGLTA

[marvin9] 25/1/2017 19:49

Just a thought???????????????????

Don't suppose Fat Tony has forgotten he is supposed to be sorting out the warrants deal after having a very very very festive greasy fat xmas do you?

Only a thought?

[marvin9] 25/1/2017 19:45

Produce that post????? I said it would be £ 2.50 by xmas 2018 if men with pants on there heads, the exchange rates are good and if Fat Tony came up with a good warrants deal.. the latter being the worry.

The all praising Windy trump,, ... was it not the good ole USA who created this oil crash in the first place by dropping sanctions against Iran.

Be very careful what you wish for.

Monkey's Paw if u ask me

[ny_boy] 25/1/2017 19:40

Remember when starvin' marvin predicted PMO to be 300p ?

[wooster4] 25/1/2017 19:13

where's your mate dweedle dee Marvin??

[marvin9] 25/1/2017 19:10

10 Greasy sausages sizzling in a pan……230;……… 10 Greasy sausages sizzling in a pan
If Fat Tony saw one… heeeeeee would gobble it down….. leaving 9 sizzling sausages sizzling in a pan

9 Greasy sausages sizzling in a pan……230;……… 9 Greasy sausages sizzling in a pan
If Fat Tony saw one… heeeeeee would gobble it down….. leaving 8 sizzling sausages sizzling in a pan

8 Greasy sausages sizzling in a pan……230;……… 8 Greasy sausages sizzling in a pan
If Fat Tony saw one… heeeeeee would gobble it down….. leaving 7 sizzling sausages sizzling in a pan

7 Greasy sausages sizzling in a pan……230;……… 7 Greasy sausages sizzling in a pan
If Fat Tony saw one… heeeeeee would gobble it down….. leaving 6 sizzling sausages sizzling in a pan

6 Greasy sausages sizzling in a pan……230;……… 6 Greasy sausages sizzling in a pan
If Fat Tony saw one… heeeeeee would gobble it down….. leaving 5 sizzling sausages sizzling in a pan

5 Greasy sausages sizzling in a pan……230;……… 5 Greasy sausages sizzling in a pan
If Fat Tony saw one… heeeeeee would gobble it down….. leaving 4 sizzling sausages sizzling in a pan

4 Greasy sausages sizzling in a pan……230;……… 4 Greasy sausages sizzling in a pan
If Fat Tony saw one… heeeeeee would gobble it down….. leaving 3 sizzling sausages sizzling in a pan

3 Greasy sausages sizzling in a pan……230;……… 3 Greasy sausages sizzling in a pan
If Fat Tony saw one… heeeeeee would gobble it down….. leaving 2 sizzling sausages sizzling in a pan

2 Greasy sausages sizzling in a pan……230;……… 2 Greasy sausages sizzling in a pan
If Fat Tony saw one… heeeeeee would gobble it down….. leaving1 sizzling sausages sizzling in a pan

1 Greasy sausage sizzling in a pan……230;……… 1 Greasy sausage sizzling in a pan
If Fat Tony saw one… heeeeeee would gobble it down….. leaving 0 sizzling sausagesssssssssss not sizzzzzzzzzzzzling in a pannnnnnnnnnnnnnnnnnnnnnnn!

[paulbiya] 25/1/2017 18:21

Trump as bonkers as Marvin. Breaking......

[marvin9] 25/1/2017 17:35

Hope you chick chick chcicks topped up on PPG, wowwwwwwwwwwwwwwwwwwwwwwwww flyinggggggggggg toooooooooooooooooooo the mooooooooooooooooooooooooooon do deeeeeeeeeeee dooooooooooooo deeeeeeeeeeeeeeeeeee doooooooooooooooooooooo..


Any news yet on PMO@??????????????????????? ARF! ARF!

;@)

[asa8] 25/1/2017 17:31

Once TD Has sorted finance he should step down

[nav_mike] 25/1/2017 16:15

The machines are in total control today (as they were yesterday)

The longer this fiasco of a refinancing goes on before completion, the more confident the likes of Marshal Wace will become

Get your damn finger out TD!

[adg] 25/1/2017 15:31

Dealt @ 92.2

[adg] 25/1/2017 15:29

I'm gonna buy another 10k in my Sipp in a few minutes - I've got a feeling