Member Info for Espenviking

FYI only, came across this one.

https://www.harbourenergy.com/media/40qn4lii/harbour-energy-plc-completion-of-acquisition-investor-presentation-240903.pdf

Yeah, who knows really g/gw,. Either way, it’s happened as they say. Let’s hope our main partner, selan, will deliver on their part. Onwards and upwards.

G, of course entitled to have that opinion. I probably see it somewhat different.

1. Viking is massive

1.1 project is well ahead of Camelot

1.2 harbour is operator

So they will have invested a lot to reach this stage, as result will also be lot closer to see revenue commence.

Just my view of course.

Ignore my previous msg g. 70/63 are oil as you, based upon the image on the presentation. Not sure about 64, should say. Onwards and upwards

I knew 70 was, but did not know for 64/75. Anyhow, whatever brings us some well-needed revenue will do.

Oh well, not until we’re in q2 now, when we should see “A significant increase in production and cashflow from the work program is anticipated from Q2 2025 onwards.” And hopefully some initial gas from the work lovers in the meantime.

Let the good times roll. Gas prices are on rise as well it seems from reading newspaper articles.

Https://www.energyvoice.com/renewables-energy-transition/ccs/uk-ccs/563835/harbour-energy-looks-to-withdraw-from-uk-carbon-capture-project/

Especially seeing sun is already the operator.

I’d say the answer seems to be in the rns.there Sheen a number of farm-out deals signed in UK ccs space, eg sumitomo and bp. The latter bought 40% from Harbour in fact - see article

https://www.power-technology.com/news/bp-carbon-capture-deal/

Looks they already have their hands pretty full - 4 other uk ccs projects on the go. Seeing this one was inherited makes sense they offload it, rather than any of the others.

https://www.upstreamonline.com/carbon-capture/harbour-energy-to-exit-uk-ccs-project/2-1-1746055

It all depends on the agreement. Usually there is an Exit clause, so will depend on the legal wording and terms.

Https://uk.investing.com/news/company-news/synergia-energy-to-fully-acquire-camelot-ccs-project-93CH-3812783

One have to assume that if they’re pulling out, they will offer it to Syn at a significant discount to its value

Wow, so we might end up getting 100% of the ccs license.

Very nice G, I was actually just checking out a colleague’s new ioniq (EV) the other day.

Yeah, it was mainly the license plate that took my attention.

I heard this one was parked outside the AGM office location today? Was that you G?

https://www.autogespot.com/index.php/ferrari-f40-1/2024/03/17

One would Like to think, in event there’s been good progress since rns on the 8th, they would try and publish it prior to AGM.

We will do Gordon!

Haha, good one G. And indeed, let’s see. Even if that’s what it says, if it will be delivered upon is another matter. Fingers crossed.

Sorry, not sure if last message sounded somewhat blunt, wasn’t the intention in that case!