Member Info for LEGENDS

Blackrock and corruption; never.

You would think looking at our SP we had liquidity problems and not having a turnover in the $billions Q2.

We live in probably the most corrupt era in human history; sad....

How desperate are BASF for cash right now? The SOH block must be hurting bad. I wonder who the buyer(s) are/is.

I don't think WD are interested in a full TO of HBR, after all they are a maritime company not an O&G upstream company. Stranger things have happened.

I think Linda hinting at no more spending and happy with the current size could be either, they are in talks with a buyer or a 50/50 merger with the likes of AKER BP or a USA mid size like Marathon Oil. Good to see that Mad Ed has the country needs first and banning the next generation from high skilled, high paid jobs, and plunging the UK into darness as we can't afford to pay our energy bills.

Blackrock aka BOA are involved. Strange why BOA have been appointed to facilitate the Egypt sales though. You scratch my back and we will scratch your USA listing back....

Https://morningbulletin.agcc.co.uk/td/cl/eyJ2Ijoie1wiYVwiOjQ5MjgsXCJsXCI6MTg2NzkyODUyMDA5NzgwNjcyLFwiclwiOjE4Njc5Mjg3Mjc5NDY1NDEwMn0iLCJzIjoiMzFlMmZmMzhmNWJmOTQ2NyJ9

I think the market is waiting for next weeks numbers. Knowing our luck, the SOH will be fully opened at 7am on the 7th

Its called Blackrock AKA BOA. They have tried every trick in the book since BOA made a sell recommendation way back early 25. I wonder if they want to push HBR state side....

What we need to take into consideration is that HBR have zero exposure to the disaster that is Iran and the SOH. Iran can block the SOH anytime now, or in future conflicts, and there will be future conflicts. The world leaders know this and so does the industry. HBR are a prime target for safe liquids and gas reserves, but what price is the industry and governmens willing to pay?

Look at the time when the fall started. The cause is called Blackrock (AKA BOA).

This has been going on since BOA announced a sell recommendation way way back. You have to wonder what their end game is regarding HBR.

Are they trying to push HBR to move stateside, who knows?

Other oilers rise much higher today ... why ?!

That is because we have a lunatic in charge of our energy, and HBR are trapped in the UK North Sea asylum for now.

If HBR traded in the USA market and not FT250, we would not be sitting at 294.40.

From poster on ADFN.

This is what happened : the recent big block sells on HBR.L (Harbour Energy) were both secondary sales of existing shares by major (or significant) shareholders — not primary placings( I fear some may have interpreted it to be this way ) where the company itself issues new shares to raise fresh capital for Harbour. The proceeds went entirely to the sellers, and Harbour was not a party to the deals.

Here’s exactly what happened with the last two:

1. March 10–11 2026 — Potomac View Investments, L.P. (managed by EIG, then Harbour’s third-largest shareholder with ~7.3%) sold 60 million shares (~3.8% of the company) via an accelerated bookbuild. Priced at 255p, raising ~£153 million for the seller. EIG’s stake dropped to ~3.5%, and they agreed to a 90-day lock-up on further sales. Barclays was the sole book runner

2. March 16–17 2026 — Another secondary block of ~44 million shares was placed at 267p (an ~8.25% discount to the prior close). JP Morgan acted as sole bookrunner. Books were covered quickly with demand exceeding the size. The seller’s identity wasn’t publicly named in the bookrunner updates (unlike the EIG one), but it was structured identically as a secondary placing.

Hope that helps as they were classic block trades but for me having these specific investors leave is not seen as bad — if anything it’s a mild positive because the overhang is now gone and the shares are in fresher, potentially more supportive hands. As always this is just my opinion as a trader holder of HBr stock and market professional

So that's a small part (UK) of the 2-year itch scrathced I mentioned yesterday. I wonder what/when the larger itch (USA) will scrathed.

HESS and Harbour's production about identical. Chevron paid $55 Billion in an all-stock deal. Our CEO is open to M&A in the USA. Earlier this year it was muted that HBR would be looking at M&A with companies who are mainly operators. The closest US Indes are AKER BP, Marathon and lower down Murphy. We are getting close to that two year M&A itch....WD announced late Decamber 2023.

Another M&A announcment probably

Don't mention Xcite, I'm still in theropy. If only we knew that the NET Z nutters were already in play, and planning the end of O&G in the North Sea back in 2010/2011. A lesson learned. I wonder why BASF are hanging around, are they waiting on the next M&A deal (every 2 years) to double HBRs production.

What is the point of ACORN. £billions spent then a few years down the line due to Mad Ed, they wind down and then close the only large scale Co2 producer left in the north east: https://www.shell.co.uk/about-us/what-we-do/oil-and-gas/st-fergus-gas-plant.html

I did mention a merger with Aker BP would be a possibility.

You would need to add the $11b HBR paid to require WD assets to that number. We seem to still be getting valued has old HBR for some reason.

We forget that HBR tends to double in size every two years. Let's see if this business stratedgy continues. A good business fit would be with Aker BP or the Aussie giant Woodside. Combined with one of these peers, would make the new co a 1 million barrels per day operation.