Member Info for DKOKS

From my recollection the Turkish company offered 10GBP and it was rejected by Povlsen. He might accept less today (although he does not need money) but I would hope for 12.50-15 range. Maybe have to wait until end of Sept to see how the transformation is going, especially increase in revenue

I'm in for 7.10 but will be happy if its way past that

I*rael is out of control, and if Trump does not get control over I*rael ( aka Netanyahu) and stop their aggressive war there will never be peace in ME. SOH is Iran's bargaining chip and every time someone (I*rael) steps out of line, it will be closed.

Agree with Gazza and B2M, this is absolutely despicable. If they have had 3 years and not done anything, then I agree with TL that they should lose it (but not happy as a LT holder). What has the company done in 3 years except looking for opportunities away from TL, Philippines and NZ.

6.90 if the Iran-war is over this weekend otherwise 5.5, but lets go for 6.90 :-)

Banana republics; drive on corruption

I'm an "old" investor from the Premier Oil days, and Premier had good oil assets but too much debt.

I agree with you, a combination of 2 and 3 would be the better outcome but would like to see a special dividend (20% of last years) to reflect the increased FCF.

Middle East will continue to be an issue and I expect that oil price will stay at 95-110 all year.

Are we still waiting for some of the licenses to be awarded, or did MurphyWA get the last ones as well?

Lots of talk about Cameroon but what about Nigeria, any news?

UK is f**ked if they do not unlock North Sea assets and remove/reduce EPL. Oil companies will not invest anymore in NS; other countries are starting to open up new oil and gas assets to become less energy dependant, but not bl**dy Ed (the Green crusader). HBR should dual-list in US or get completely out of UK, or hope for an election to get rid off Keir (the fool).

With fcf at $2.3bn (re Sekforde); deduct $300m for dividend. 45% of $2bn is 900m, or £666m, at a share price of $4 (£3) comes to ~225m shares but maybe I have missed something.

Thanks Laidback for the clarification.

My calc it would be roughly 220-250m shares at today’s price out of 1500m shares; massive

Looks really nice Sekforde but rather than buybacks (not a fan) especially such a huge amount, I would rather that they use it for reducing the debt.

Keep dividend as it is, no increase, but pay off debt.

I know HBR can service the debt but it’s too large.

Not sure if I am too keen on getting new licenses (commitments) when we cannot get the ones we have going. If we had any news about our current licenses I would be more excited getting additional licenses; but let us drill the ones we got.

Agree with your views, a7174anlaby, and are heavy into HBR; originally bought Premier Oil (great assets; see RKH) but have added more last year at £1.80 but still need HBR to perform. I believe they will when but first when llog gets going and if oil prices stays 80-100 this year.

A7174anlaby, what is a reasonable target price for Hbr?

I would not sell under £6 which is my expected shareprice target EOY 27

Can anyone explain why Aker BP MarketCap is 3.5 greater than HBR.

They have roughly the same revenue and debt; is it only due to the EPL?

With a positive trading update, i'm sure, will we soon see the reinstatement of a dividend?

Merry Christmas everyone, and lets hope that Santa will bring everyone one, two or more ASOS parcels 👍

With the rise in the SP and positive broker rating, is Saga now a potential takeover target?

I would say so with its over-50s customer database, recent business transformation and a balance sheet that is improving.

At 5 GBP, it would be a steal for larger companies to get an upcoming company with a trusted over-50s customer base.

Southmead, 0.13 pence is a mc of 40M but I agree that is still to low for a company with that potential, and the cash from the farmouts.