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Still waiting for Proposed acquisition circular, due Q2.
Same to day, all EU indexes up, FTSE DOWN !!!
Has the actual agreement itself ever been published? Does anyone know where it can be found?
Interesting reading!
The Telegraph 27 March 2024:
Europe’s gas use to surge despite net zero promises
Only Germany tops Britain for future gas power generation
Europe plans to build enough new gas power stations to supply 60 million homes despite a target of decarbonising electricity grids by the middle of the 2030s...
https://www.telegraph.co.uk/business/2024/03/27/europe-britain-gas-use-surge-despite-net-zero/
Testing the support at $81 WTI.
could see some money out the market before the long bank holiday weekend.
Futures down now? spoke too soon.. oil price rise stuttering
You just cant fix stupid
You really think I give a fxck about what you have to say.Ive been on here for 4 years what you think I've got a crystal ball
Jeffff.....Currently on tour in s east asia with the wifeys laptop ;-)
... Hong Kong & China !!! wft
Says it all I'm afraid, LSE is reflecting the UK, a lost cause !
aimo & dyor
Blimey,
Never thought I’d agree with a word you said Jackabe but think your right on this one. I take back everything I’ve said. Just a quick insult please and you can slither off…lol.
Every day we get closer to our 500k capacity and the exciting times ahead.
Never thought I’d flag wave for Argentina but looks like a great place for us to “Drill Baby Drill”.. as Uncle Donald would say…
Still need the us 10 yr sub 4s either that or someone to buy in from the open mkt rather than percentages changing hands off book ;-)
RUSSIAN OIL REFINING CAPACITY TAKEN OUT BY DRONE ATTACKS REACHES 14% OF TOTAL - REUTERS CALCULATIONS
Wait for it .....
Very true sitting duck but my understanding is we get all the profits from June last year so happy days.
Oil around 90 dollars and gas around 90p works magically for me….
Norway is high tax, but it is consistent, predictable, reliable , in marked contrast to the UK, which is frankly, a banana monarchy.
Oil looks as though its finished consolidating and is gearing up to embark on the next stage of its run. To new ATHs is my guess. However, a recession could throw a spanner in the works.
Should it play out - I hope the WD acquisition is over the line before we break $100 crude.... Tick tock.
Good to have you with us… Now throw a few insults and slither off, there’s a good fellow…lol
Meanwhile Harbour continues moving bigger, drills keep drilling and we march quietly towards our new future….
Go off and read the 2010 Rockerfella report you may take a different view
But then again probably not 😂
RUSSIAN GOVERNMENT TELLS OIL COMPANIES TO CUT OUTPUT TO 9 MILLION BARRELS PER DAY BY END OF JUNE
Always good to see Brent Oil, UK and European Gas prices all nicely on the rise again here:
https://tradingeconomics.com/commodities
Halfway through "The life of John D Rockefeller Sr". I highly recommend it. And it reminded of a quote from the great man that I thought I'd share with you all, from The Prize by Daniel Yergin (another great one).
"Hope if crude oil goes down again our Executive Committee will not allow any amount of statistics or information to prevent their buying, we must try and not lose our nerve when the market gets to the bottom as some people always do. We will surely make a great mistake if we do not buy."
Now granted this was in the late 1800s and he was talking about standard oil and oil in general. But its interesting, to some.
I hope Linda Cook has read it and runs Harbour in a similar style.
Hoping that the silence is a positive sign and documents are being agreed and signed.
It was encouraging that Harbour have sent all the documents to various countries and done are already completed.
Drills going on in numerous countries and new projects coming on line.
The “Calm before the storm” but hopefully in a positive way.
One thing is for certain, the till are rolling and we are producing 500k BOPD equivalent… Onwards and upwards….
Make that nearly 200 points of FTSE up-move.....damn calculator lol
Another good day on the markets that good old Harbor fails to join in with
Whats the betting that when sellers come back into the wider market, we get taken down to
Trying to stay positive, Brent still around $85 so perhaps we are just consolidating around 270. Just frustrating that the FTSE has jumped best part of 160+points and weve seen zero benefit
You read that yearly report and realise HBR are buying a giant.
$80.68 WTI target
Norway is a great area for us. Production around 160k BOOD equivalent currently and we are 3rd biggest producer (excluding state).
We have Maria phase 2 under development and also the recent Adriana Discovery which pushes up from 19-31 to 28-43 recoverable and it’s close to other fields so easy to tie back.
We also have the deeper Sabina which we might go after in late 2024-25.
Not the greatest tax regime for stable and we seem to have a good strike rate..
Seems like an area we can tick away in for decades to come….
https://wintershalldea.no/en/where-we-are/maria
https://wintershalldea.com/en/newsroom/pi-24-04