Member Info for Neversellshell22

https://www.reuters.com/markets/quote/NGLNMc1/

https://twitter.com/Shell/status/1537781867168112640?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

https://www.shell.us/media/2022-media-releases/shell-launches-shellenergybrand100renewableelectricityplansintex.html?utm_medium=social_organic&utm_content=serl_link_000_&utm_campaign=global_awareness_usa-launch_jun-jun_&utm_source=twitter&postid=7125967238&linkId=169682705

Page 10 Jimmy

Cheers

NSS

https://www.harbourenergy.com/media/rudnvbom/2021-annual-results-presentation-vf.pdf

Anyone fancy a stab.....

Production 210k BOPD
Debt 1$ Billion
Debt free Mid 2023
Timpan 1 more well this year
200$ Million Buybacks
Tolmount at 20k Net Harbour
Tolmont East producing early 2023
7 Rigs in action currently
Dividend up to 125$ Million
Zama FID on Track 2023
Tuna on track 2023
Windfall Tax 1.5$ Billion (excluding investment tax savings)

You never know.........

total of 250$ million per year is what I meant...

Anyone fancy a stab.....

Production 210k BOPD
Debt 1$ Billion
Debt free Mid 2023
Timpan 1 more well this year
200$ Million Buybacks
Tolmount at 20k Net Harbour
Tolmont East producing early 2023
7 Rigs in action currently
Dividend up to 125$ Million
Zama FID on Track 2023
Tuna on track 2023
Windfall Tax 1.5$ Billion (excluding investment tax savings)

You never know.........

Board own 2.6% of Company
NEDs Buying in...
Buybacks at fantastic price in
GIC nears exit (possibly)
EIG Significantly reduced holding
Shareholder structure tidied up
New influential shareholders
Record debt Reduction
Oil Above 100$ all year
Gas at very high price.
Average Broker price over £5
Tolmont Ramping up
Tolmont East Gas due 2023
Drilling at Catcher
Drilling at J Area
Drilling at Andoman near completion
Possibly Company changing discovery at Timpani
8 Rigs currently (expected plan)
Zama FID nearing
Tuna FID nearing
Net Zero Projects progressing
Great M&A Record, possibly more coming.
Likely Dividend increase
Favourable $USD to £GBP exchange
Excellent Safety Record.

Lucky,

The company confirmed it to me earlier this week.

NSS

So I think Harbour get a B+ for their SP this week.

We have stayed pretty much the same with oil 6$ lower. Having said that our potential giant discovery didn't really set things on fire. Wait till they have drilled some more wells.

All things being equal we have 8 Rigs on the go at the moment......

Another 1.4 million barrels produced this week....
Another 50 $ Million off the debt this week.....

Heres to next week.....

Cheers

NSS

Barclays ....Over Weight (like me)

Same target £5.40.

That's a start.......

Hi OTB,

I don't know anything about these things but Harbour confirmed to be they would be leaving the FT 100 this month and Haleon would be taking their place.

NSS

Always the best day of the week.

Lets hope for a calmer day and if possible a bit of a positive finish.

Every day closer and closer to being debt free, so many exciting projects and hopefully our structure becoming more stable.

Wouldn't it be wonderful if everybody was nice to each other on the board today.....

NSS

They are a pretty hefty charitable trust with over 8$ Billion in investments.

They're investments since 2017 have gone up from 5.4$ Billion to 8.3$ Billion so they must know a bargain when they see one....

https://helmsleytrust.org/about/#hero-section

Worth a listen from 1 hour 14 mins

https://www.investis-live.com/harbour-energy/621f425df73bbc2300ae931e/ppaod

I'd much prefer to focus on Harbour than give the children more to gossip about.

As Bush mentioned earlier J Area is back online which is great news for us and one of their big hopefuls is JM side track which they are very very confident of coming in.

Im very hopeful we will exceed their 195-210k boepd forecast with all those drills doing their stuff....

One other point Lucky.

You have been rude in your replies to me on 2 occasions now. Its just not necessary my friend.

We all have our views and none of us knows for certain that we are right in our comments.

Good luck Amigo, We are on the same side....

NSS

Thanks again Lucky for comments.

I guess I don't trust EIG and like thinks more transparent. That's not to say they have done anything wrong but being completely unable to understand who owns shares makes me uncomfortable. The fact that all of this became public at a very low SP and just before Timpan surely wasn't a coincidence.

My other point was they stated 16% now down to 15.35% so they could be distributing further shares.

I have a very large holding (for me) and my average buy price is £4.60 which Im confident we will pass some time this year. I bought in low £3's but bought most as usual near the top at £5.05

Here's to a great update....

All things being equal we have 8, yes 8 drilling rigs doing their stuff at the moment.

Even if we say 1 or 2 are not in action that is some serious drilling.

Hi Lucky,

Sadly I think we will be hit badly with the windfall tax. I heard from IR this week and then commented on the 1.2 Billion the analyst quoted and didn't make any arguement about it.

I guess we have to remember the tax will actually cover 3 and a half years so about 300 million a year.

The bit where we could shoot and score as you say is bringing forward projects with the new tax rules. This could make a massive difference to future taxing....

So we could be in a give and take situation. I certainly know come late 2024 I would be spending like crazy, prices dependent....

NSS

RNS 8th July
Harbour announces today that it has been notified by EIG that their notifiable interest in the Company has changed from approximately 37 per cent to approximately 16 per cent.

RNS 12th July
EIG holding through R. Blair-Thomas 15.34%.

So possibly EIG are still selling but could be just sloopy recording of their 8th July holding. Personally would be happy for them to keep selling to clear them out....

Must say since this announcement on 8th July it feels much calmer and given the price of oil I believe we could be set to move up steadily....

WTFDIK......

NSS