Member Info for Neversellshell22

Sorry, my misunderstanding. We are trading now in US and I guess convert to get UK price?

Has everybody left the building ??

Got to give it you. You are class when it comes to running the numbers.....

Fingers crossed for

510 k BOPD eqv

Increased FCF

Heavy Debt reduction

Asset's sale

Buy back plan

And all the bells and whistles that go with that

Next Quarter

US Listing

Waldorf completed

BASF exit plan

Asset's sold

Even higher FCF

More buybacks.....

Tomorrow we will have 150 post on here. Its open day at the asylum.....

Good luck tomorrow all......

I wonder if trading will start in US today or tomorrow?

Looking like a decent day if Trump finally stops his nonsence.

Great find Kign…

So what could we be selling…

Egypt

This is by far the most valuable and strategic part of the package.

Key assets:

Disouq gas fields (Nile Delta)

East Damanhour (onshore gas)

West Nile Delta (offshore, operated by BP)

North King Mariout (exploration)

These are all gas-heavy assets, not oil.

Why they matter: Harbour is a major supplier of gas to Egypt’s domestic market and has strong infrastructure (pipelines, LNG plants)

Production is relatively stable and predictable.

This is the “premium” part of what’s potentially for sale—likely to attract the highest bids.

Algeria (strategic gas stake)

Key asset:

Reggane Nord gas project

Harbour stake: ~24%

It is a large onshore desert gas development in southwest Algeria and supplies gas domestically and for export. It’s important as Algeria is a critical gas supplier to Europe. It’s has Long-life reserves and stable long-term cash flow

It’s Less flashy than Egypt, but strategically important and steady income.

Libya (small but high-risk exposure)

Key asset:

Al-Jurf offshore oil field

Harbour stake: ~12.5%

It’s Offshore oil production in the Mediterranean

Operated via joint ventures linked to Libya’s state oil system. It matters as Libya has huge reserves but Political instability, production disruptions and security risks.

Could raise best part of a billion dollars….

Https://www.jibudocs.com/public/summaries/9592ae28-86fd-02b5-d5ae-6a7d55230bf4?utm_source=chatgpt.com

Waldorf is far from a done deal and when they went to the courts with a similar deal in 2025 it sank.

Good luck Waldorf (and therefore Harbour)

I think BP sent a very clear message to the Government by holding the Trading update presentation whilst in the US.

If that doesn't send a very clear message I don't know what does ??

Anyone else having problems with LSE page?

Bought a few today at the £19.65.

I guess if the price can hold up at this level with oil at 110 dollars a barrel we could be in for a bit of a rise when things stabilise.

Just back from a cruise to Japan (Celebrity) and was very very busy.

Good luck all..

Hi Sek,

Agree production around 515k or maybe slight higher.

Don't agree on the US listing. I think it will push our valuation quite a bit. The US and a listing with LLOG, Mexico and Argentina being over that way makes sense, especially with North Sea production decreasing.

Be great to get rid of EIG, BASF and LLOG shareholders as soon as possible with the Buy backs....

Looks like another positive day...

A few thoughts and bits from the call

Linda mentioned they have attractively priced European Gas collars. That makes lot of sense if it was true that there will be a glut when things are back to normal, especially with the increase in LNG. She also said oil hedges at 70$ floor to maximum 100$

Less uk production and increased US meaning more profit which sounds good.

Also mentioned a significant cash flow increase going up to 2030 which is always welcome.

I’m wondering if she is cooking a bit in Mexico. Now FID on both fields pushed out to “18 months or so”. Doesn’t seen like any momentum?

No mention at all of Andaman. She mentioned about “Divesting countries at sub scale and replacing it with acquisitions in countries we are currently present in and have a core position, more tactical.

What does she mean by this?.. I wonder..🤣

Huge Buybacks potentially on the way

No mention of a US listing.

Appreciate any thoughts or comments?

Https://www.investormeetcompany.com/meetings/full-year-results-288#Investor%20Meet

What was the reason for today presentation. Any ideas?

Looking very solid and exciting for the future….

Hi all,

Still haven’t a few Carnival shares but not a huge amount.

What happens to the Stockperks benefits after the end of this year when the shares change.

Thabks for any help….

What a world we live in when our share price and the price of oil and gas is dictated by one man 1000’s of miles away but then I guess one way or another it’s always been like that.

Bit surprised that Congress voted to let him continue with his madness but that’s our good old USA..

All I know is I have huge Confinance in production of well over 500 Bopd equivalent , significant debt paid down and exciting progress made in USA, Argentina and Mexico.

It what you don’t know always with Harbour that gets you but all things being equal we should be looking good and making plans to jettison LLOG shareholders, BASF and EIG.

Stop me… I’m Dreaming…Have a great weekend all…..

Https://oilprice.com/Latest-Energy-News/World-News/EU-Considers-Lower-Energy-Taxes-as-Hormuz-Crisis-Drives-Costs-Higher.html

I remember in the presentation Harbour saying they may introduce a second rig for LLOG assets.

Can’t remember when but I guess they will be busy proving up inventory first.

Surely time to start thinking about it soonish??

What I don’t understand is why the paper Brent oil price is just over 100 bucks but Brent oil is actually selling around 140

The strait is closed and the market has lost 16m barrels from it but still the paper price is far lower than when Russia invaded Ukraine when the market lost almost zero barrels

Courtesy Krackenoil on Lse

Very good point meoryou,

Someone like BP or Shell could offer to buy BASF, LLOG (after lockin) and our beloved Chairman’s EIG shares and that would be very near what they need for a takeover.

They would maybe keep Argentina ( where we are partners with BP), Mexico and Andaman and spin off the rest.

We are in a very very precarious position at this time and a price less than £4 may seal the deal…🤬🤬🤬

Oil up over 8% this morning (I’m in Japan). Roughly 104 $ a barrel.

I can see us having record production during the last quarter and wouldn’t be surprised to see around 530 Bopd equivalent..

Looking good for us and sad for the world in general…😀😢