The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Thank goodness Gas is only up 9% and we are 75% Gas.
We be in serious trouble if it rise much further..lol
“HBR trading on unusually/extremely low volumes here which makes SP manipulation very easy at least until the AGM updates next week.”
Exactly, just reviewing all the unusual single figures share trades (all sales only!) of less than 10 shares today, amazing!
HBR trading on unusually/extremely low volumes here which makes SP manipulation very easy at least until the AGM updates next week.
Harbour Energy and partners make gas discovery offshore Norway
Norwegian Offshore Directorate announced that Harbour Energy, along with its partners Sval and Aker BP, has made a gas discovery at well 15/9-25 in the North Sea, building on previous findings from two other exploration wells.
This discovery, which lies northeast of the Sleipner area, approximately 210km west of Stavanger, has been estimated to hold between one and three billion standard cubic metres of recoverable oil equivalent.
Drilled using the Noble Integrator rig to a measured depth of 2,872m below the sea, the well 15/9-25, which is the first in production licence 1138 awarded during the 2021 Awards in Pre-defined Areas (APA).
The primary exploration target for well 15/9-25 was to prove petroleum in Middle Jurassic and Triassic reservoir rocks within the Hugin and Skagerrak formations.
The secondary target aimed to delineate gas previously proven in wells 16/7-2 and 16/7-10, located in the Ty Formation from the Palaeocene.
This well identified a 22m thick aquiferous sand layer with very good reservoir quality in the Hugin Formation and a 10m gas column in a 118m-thick sandstone reservoir with very good reservoir quality in the Ty Formation.
Harbour and its partners are now assessing the technical and financial viability of connecting the discovery to the existing infrastructure in the vicinity.
The gas/water contact was found at 2,330m below sea level, aligning with previous findings.
Although well 15/9-25 was not formation-tested, extensive data acquisition and sampling were conducted.
The well was terminated in the Smith Bank Formation in the Upper Triassic.
Last month, Harbour Energy signed a five-year master service agreement (MSA) with EthosEnergy.
The deal positions EthosEnergy as the primary service provider for the maintenance and support of Harbour Energy’s light industrial gas turbines across three North Sea production assets in the UK sector.
https://www.globaldata.com/newsletter/details/harbour-energy-and-partners-make-gas-discovery-in-north-sea/
Not to long to wait with AGM and update due in coming week.
We also have major drilling news due and if we hit again all the better…
It's obvious that there's upwards pressure on the share price.
It's also obvious that there's forces trying to pin the price to the 280s range.
As we move nearer deal completion and as long as there's no negative noises around the deal going through, then the price will keep pushing slowly upwards.
Whoever is pinning the price down obviously wants a low entry point once they're certain the deal is going ahead. Also, from this value they'll short the life out the share of they get a sniff of the deal not going through.
It's hold your breath and wait at the minute as this will either fly or tank in the next few months.
Of course we are over £3 in old money (pre-ex-div)....around £3.07
Certainly looks feasible. That 300p level where am averaged seems to be a level we have to take out , probably a psychological level more than anything as its been so elusive Yet sooner or later it will fall. And the more often we retest the more likely it will get taken out once and for all.
Trend is good and momemtum is there too, from a TA point of view it looks good to me indeed
I wonder how much BASF's assets are contributing at current energy prices.
😂you back Rookie was getting worried thought you got stuck on a big dipper or something in disneyland
Missed ya 😘
TA looks good for a break out and maybe push on to retest 3.20
Recent investment
If you own 8600,000 shares and you make a £25000. Purchase.
If stock increases in value 2% then it is self funding .
Just a thought