Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
The only Hurricane Energy shareholder is Prax.
Are Prax are still in the running?
Simple answer:
Yes or no.
Read this Kever and then tell us Prax are still in the running.
https://www.offshore-technology.com/news/shell-north-sea-assets-sale/
Results due on 1st September, see todays RNS.
Nimrod99
See
https://www.gov.uk/guidance/carry-forward-corporation-tax-losses
and note this paragraph:
“If your company is part of a group and has carried forward trading losses made on or after 1 April 2017, other companies in the group may be able to use those losses. This is called group relief for carried forward losses.”
I very much doubt we will get the full 6.48p and probably lucky to get half. Prax are not in business for the benefit of anyone other than their own shareholders.
It may be a consequence of the rising bank rate and increasing guilt yields.
What I would like to know is what Bernstein and Kerogen were told, or promised to gain their support for the scam given that the only guaranteed payment was less than the previously rejected offer of 7.7p.
Given that NEO are in partnership with Dana there is logic in a deal, particularly as the alternative to re use is dismantling. Interesting to note from the decommissioning doc that anchor chains, risers and umbilical’s are also shown with optional re use. WI has only been in use since 2017 so hopefully it should not require an extensive refit.
Down 116p
What's not to like?
Halifax Share Dealing have now transferred the DCU's from my ISA to my SDA.
Mariog
If that question was addressed to me Halifax Share Dealing. I used the abbreviation HSD assuming it would be known. HSD also provide the brokerage service for Iwed and Lloyds. The ex dividend date for the two dividends totalling 5.19p has been confirmed as the 6th June. HUR never mentioned the ex dividend date and it seems the market failed to take note as the sp would otherwise have adjusted to reflect the dividend.
Miffed!
“Stuck with DCUs till end of 2026”
This why I sold my Sipp holding. Having enquired HSD told me they would not participate in the matched bargain facility so it meant I would not be able to withdraw and close my Sipp until the end of 2026. The only alternative being to go through the rigmarole of transferring to another provider.
So when I sold it was a welcome surprise to receive the 5.19p dividend on top of the 7.64p sale proceeds.
Has anyone considered buying DCU's?
Thanks Laserdisc, and for advising destination port. I had been thinking it might be Immingham so it seems they are sticking to the BP contract.
Shredders
I am not in the “industry”. My knowledge of the Aoka Mizu and field production is consequence of being a long term HUR shareholder.
Rollo_Tomazzi
Are you referring to this Energy Voice article?
https://www.energyvoice.com/oilandgas/north-sea/516208/fpso-buchan-north-sea-jersey-neo-energy/
The data sheet suggests that she would be quite capable.
https://www.enquest.com/fileadmin/content/operations/ICOP_PDFs/ICOP_EnQuest_Producer_2019_03_28.pdf
Greener101
I doubt it but I am no expert in reading sp movement.
The Aoka Mizu is not ideally suited for use at Buchan if JOG are looking to maximize production in the early years. If you look at the March 2021 presentation they are forecasting a production rate of 35K bopd in the early years. Buchan last produced in 2017 with a water cut of 59% so in order to produce 35K bopd the production facility will need to have a total liquid processing capacity of 85K bpd and the AM’s maximum liquid processing capacity is 35K bpd. This would restrict the maximum oil production to 14,350 bopd.
Apart from this I rather doubt that Prax have acquired Hurricane with the intention of allowing a wind down of production from the one well until it become uneconomic. And finally Prax want to buy in to current producers rather than fields in development.
Minella
Settlement is normally 2 days after the trade. I’m with Halifax so I am not familiar with IG’s platform and how they provide information but there will be a contract note for your trade and you should have access to it. If you can find it the settlement date will be shown. The sale proceeds should be credited to your account no later than the settlement date and then be available to reinvest or withdraw. Phone or email IG and refer to the contract note (it will have a reference number) and ask what is preventing release of the sale proceeds and mention that you will be contacting the FCA if you do not receive a satisfactory reply.
Mariog
Apologies, please ignore previous post . You are correct.