Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Only way to do it karmakanix follow the indicators there never wrong unlike some of the so called experts on here who have yet to be right.
ATB ;-)
Yep dip bought this morning and just sold ;-) kerching !
Looks like plenty dip buying in HBR. UPDATED
Harbour Energy Trading buy/sell volume updates at 14:55 Gmt.
Buy Volume: 1,678,476
Sell Volume: 592,154
Unknown Volume: 5,619
NoFear.(*__*).
For all that loves the Harbour Energy Trading buy/sell volume updates at 12:47 Gmt.
Buy Volume: 539,680
Sell Volume: 348,266
Unknown Volume: 2,373
NoFear.(*__*).
29th November 2021 - HBR has 21.73% interest.
[CNOOC confirms first oil from delayed Buzzard Phase 2 project]
confirmed first oil from the £500million Buzzard Phase 2 development, located around 62 miles north-east of Aberdeen in average water depths of about 96 metres.
CNOOC's European subsidiary operates Buzzard with a 43.21pc stake, alongside Canada's Suncor Energy with 29.89pc, private equity-backed independent [Harbour Energy with 21.73pc]
Dutch firm ONE-Dyas with 5.16pc.
Read the updated free article here
Click 'N' Read and Zoom in:
https://archive.ph/M1gWD
https://www.energyvoice.com/oilandgas/north-sea/367632/cnooc-confirms-first-oil-from-delayed-buzzard-phase-2-project/
Epiphany 121… Thanks a lot for your post and the link. With regards to inside dealing, I am afraid it’s an absolute joke. People say that HBR Director who bought 120,000 shares last week should be praised for making the sp shoot up. That’s ludicrous in my opinion. First of all, you need to have buys of millions of shares to see sizeable sp movements. Secondly, if that Director bought because he ratified dividends at Capital Market Day or he knows of some good news about HBR that you and I are not aware of, then he should be jailed and lose his job, not be praised as a hero and saviour. That’s why in a way, I wish the sp tanked and he stood losses, rather than handsome gains on top of his already very fat salary and bonus package
Oil - I can't argue against what you write. There are better resrictions on the US markets against directors buying based on inside info (it still happens a lot, don't get me wrong) as comapnies are required to report quarterly and there are closed periods every quarter - no such restrictions here when you only have 2 half-year reports and a few updates. I'm not sure if/when the directors can trade ahead of these updates, but it should be a lot tighter.
NBP = National Balancing Point gas futures and is the UK benchmark. It's second only in liquidity in Europe to TTF which is nat gas traded on the Dutch markets and is benchmark for European gas pricing. Link below.
https://en.wikipedia.org/wiki/National_Balancing_Point_(UK)
If anyone wants to track NBP spot as well as futures prices, this is the link.
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188710
Maybe there not going to announce anything that's not already out in the public domain.
Just a thought ;-)
Epiphany121... I look at Natural Gas price which lost 11% today. I thought that was the one HBR sells, but happy to be corrected. Even this NBP you mention was a lot higher a few weeks ago, when our sp was 350 than now. and Brent was 86 as opposed to 72 today. I am not complaining about the sp rising, but I am livid that it is still seemingly legal for Directors to buy huge amiount of shares in a company where they are the only ones (in theory, at least) who know how the company is doing and what will be announced to the market. They should wait till after such vital announcements, trading updates, result day and CMD to buy or sell shares. I wish I had that inside information!!!
Oil - " Still, with Gas down a massive 11% (eleven %) I wonder how on earth did we manage to finish up"? Which gas prices are you looking at? Whatever it is you're looking at doesn't really matter, because the only gas price that matters to HBR is NBP price and that was up about 8% today. Tolmount pricing is linked to NBP. Could that be an easier explanation as to why HBR ended up today - both oil and gas moved up favourably?
@Oil..Wait for tomorrow then. We did well as for the other stocks too.
Shut Your Gob. Bloody MonaLisa.(*__*).NoFear
No Fear… 13:50 hrs today: Oil is shooting up over 5% and HBR will fly.
Oil shot up only 3% and HBR ended up 1%… Still, with Gas down a massive 11% (eleven %) I wonder how on earth did we manage to finish up… we sell Oil & Gas. Oil gained 3% (after losing 12% on Friday), whilst Gas lost 11%… The answer is very simple … Directors and people in the know have knowledge of something really good for HBR. Dividends? Share buybacks? Tolmount finally online? Possible bids? All of those? Who knows.. Truth with Oil at 86 Dollars and Gas at 6.3, HBR sp was 350. Now with Oil at 73-74 and Gas at 5, HBR is well over 400… Go figure…
Brent and WTI spot prices are shooting heading for 5% since last night opening. Holding strong with plenty of green shoots.
Updated shared interest data: Oh HapPyDaYs.(*__*).NoFear
29th Nov 2021
CNOOC's European subsidiary operates Buzzard with a 43.21pc stake, alongside Canada's Suncor Energy with 29.89pc, private equity-backed independent Harbour Energy with 21.73pc and Dutch firm ONE-Dyas with 5.16pc.
https://www.argusmedia.com/en/news/2278082-uk-buzzard-field-output-boosted-by-phase-2-startup?backToResults=true
Hi Shal1000,
Great to see we had an opening upwards gap in HBR this morning as for the rest of other stocks too. Anyhow, I believe that anything it's possible for the hbr BoD if they think that is a great not to be missed opportunity since they're already the 'kid's playing in the block' with the big O&G toys and who not better that themselves being from the same hood. Hahaha. (*__*).
Harbour Energy News Update
[@oil, Shut-Your-mouth]
BEIJING, Nov 29 (Reuters) – CNOOC Ltd , a listed branch of China National Offshore Oil Corp (CNOOC) SASACY.UL , said on Monday it had started production at the second phase of its Buzzard project in Britain.
The project is expected to reach peak production of about 12,000 barrels of oil equivalent per day in 2022, driving Buzzard's total production to 80,000 barrels of oil equivalent per day.
Located 100 km (62 miles) northeast of Aberdeen with average water depth of about 96 metres, the project will use the existing Buzzard facility and has built a set of underwater production systems, two production wells and two water injection wells.
CNOOC Petroleum Europe Ltd, a wholly owned subsidiary of CNOOC Ltd, is the operator of Buzzard and holds 43.21% interest in the project.
The remaining interests are held by Suncor Energy , Harbour Energy and ONE-Dyas.
Click 'N' Read 'N' Zoom in https://archive.ph/ACVlt
So does anyone reckon hbr should make a bid to complement the tuna field? I think it would make sense as they have expertise/resources around the area.
Indonesia offers 8 new oil and gas blocks for bids
JAKARTA, Nov 29 (Reuters) - Indonesia is putting eight new oil and gas blocks located across the archipelago up for bids, Tutuka Ariadji, the director general of oil and gas at the country's energy ministry, said on Monday.
The oil and gas blocks had a total capacity of at least 500 million barrels of oil and 22 trillion cubic feet of gas, data presented at an energy conference by Ariadji showed.
"We invite potential investors who are interested, who have technical capabilities and have good financial ability to participate in this bidding round," Ariadji said.
The blocks offered are: the West Palmera and Bertak Pijar Puyuh blocks on Sumatra island, the Paus offshore field in Natuna, the North Ketapang and Agung I blocks in North Java, the Karaeng and Agung II blocks in South Sulawesi, and the Maratua block in East Kalimantan.
The Bertak Pijar Puyuh, North Ketapang, Agung I and Agung II blocks will be offered via a "direct proposal tender", while the rest will be offered in a regular tender, Ariadji said.
All but the Bertak Pijar Puyuh block are unexplored.
Direct proposals will utilise the "production sharing contract", under which contractors shoulder the cost of exploration and production in exchange for retaining a bigger portion of the oil and gas they recover.
Regular open tenders will allow flexibility for contractors to choose between a production sharing contract or a gross split scheme, under which the government reimburses the exploration and production costs shouldered by the contractors in exchange for a higher share of companies’ oil and gas earnings.
This is the second round of oil and gas bids Indonesia has issued since the pandemic started.
Indonesia awarded oil and gas blocks to local upstream energy company Energi Mega Persada and Canada's Husky Energy Inc in September, in the country's first such tender in nearly two years.
(Reporting by Fathin Ungku and Bernadette Christina Munthe Editing by Ed Davies)