Member Info for Neversellshell22

Could be a beauty. Even more so if they issue an RNS for Tolmont.

But if not, hey-ho its just another day of 200k+ barrels of oil and gas, our debt reducing and some serious chatting about take overs, mergers or new fields.

https://oilprice.com/Latest-Energy-News/World-News/Shell-TotalEnergies-Among-Winners-Of-Latest-Brazil-Oil-Tender.html

Just trying to work out the true value here.

Not easy especially with Gas all over the place.

However with over 200k of gas and oil and potentaily being debt free by 2023 (although I think they will spend on an addition) surely its got to be about £8.

Any thoughts ??

1) Harbour Energy seems to have plenty of oil and gas. The company says its reserves rose from 451m barrels of oil equivalent (boe) to 488m boe last year, despite the impact of a year’s production. There’s a busy work plan for 2022 and I’m confident the company will be able to replace its production again this year.

2) Harbour shares do not look expensive to me, even allowing for Harbour’s steep $2.3bn net debt pile. My sums indicate that even including this debt, Harbour’s business is valued at less than 10 times free cash flow. That’s fairly cheap, in my view. A forecast dividend yield of 4% is another attraction for me.

3) If oil prices stay high this year, Harbour could potentially become debt free in 2023. That’s sooner than expected. My analysis suggests this could open the door to larger shareholder returns, which could provide a significant boost to the share price.

https://www.rigzone.com/news/petrobras_gets_112_bn_for_atapu_stake_from_shell-15-apr-2022-168668-article/

Your right Bacchusll,

However profit is always good to take and everybody circumstances are different.

Personally I see Harbour as an exiting company who in the current environment will produce amazing results.

I would imagine there are so really interesting discussions goi g on about taking over fields, mergers, take overs etc…

All of our shackles are off now we are paying off debt at a crazy rate, producing over 200k BOPD, Over 50% of which is Gas at lot of which isn’t hedged.

There is always a time to sell. I’m just not convinced it’s now. Taxi for Harry please….

Popped £20k into ISA today.

Could be a bit more short term pain but long term class act who have prospered through the ages.

Good Luck All....

https://www.livemint.com/industry/energy/shell-plans-gas-fired-power-journey-in-india-11649790500279.html

I think the locked up shares was alot of fuss about nothing and doesn’t seem to have had an effect.

Entering the FT 100 next quarter with all associated buying should also be a big help to us….

Morning Plebeens,

Just trying to understand why the automatic identification system would be off. Is this usual.

Do we expect an RNS when Tolmont goes live. Harbour arent to keen on sending out RNS.

Great time to start producing from a gas field......Hopefully production still over 200k BOPD.

More importantly who are they talking to re mergers, takovers, new fields etc etc....

NSS

Timpan 1 is a wildcat which should start in May with our partner BP & others...

https://www.upstreamonline.com/exploration/premier-mubadala-identify-mighty-andaman-sea-gas-resource/2-1-862496

90% of 2022 drilling break even below 35$ a barrel and 35p a therm gas.....

Nice.............

Sea lion is for better or worse now history.

We have exciting project in Tuna, Zama and Tolmont East to look forward to.....

Thats an incredible buy in price. Well done....

Can I ask what made you sell at this particular time.

Good Luck Mucker....

Looks like BP & Shell are now very very comfortably at the Heart of the UK Energy plan....

Future looks promising....

https://www.express.co.uk/news/science/1593377/uk-energy-strategy-kwasi-Kwarteng-rolls-royce-shell-bp

https://www.energyvoice.com/oilandgas/asia/402077/shell-restarts-prelude-floating-lng-offshore-australia/

We must be up and running by now.

That means we are making a serious amount of money and have some amazing assets to come on board next year.

Which to me means there is plenty to go in the share price.....

Heres to a good week.

Hi all,

How many shares do you need to get OBC.

Many thanks

https://www.upstreamonline.com/exclusive/happy-days-shell-s-graff-discovery-in-namibia-holds-2-billion-boe-of-oil-and-gas-sources/2-1-1197669

Looking like a decent find.....

I wonder with all thats going on and with new oil and Gas seemingly now being welcomed by many whether we might amend/change/water down our strategy and not reduce our oil and gas so much.....

Stranger things have happened......