Member Info for Neversellshell22

Not much debt to pay this year or next though is there?

Strange trading today. SP refusing to budge an inch either way???

A bit unusual???

What happened with Google this morning.

Showing us at £11.60..???

So do we think booking are as robust as we are told or are things levelling out now.

No idea when are results are but still expect them to be good.

In a couple of years we’ll surely be in a much better place with the debt worry gone, our rating back and a much better SP….

Brilliant, Thanks Kign.

Just thought worth sharing....

Another nice steady day hopefully.....

Found the comments below interesting. A new government this year which could go either way and in an area already awash with gas.

Im not saying its not brilliant but its not quite as easy as if it was in Norway or NS.

fingers crossed that with a huge global partner all will be well....

"While Layaran-1 benefits from negligible reservoir CO2 and improved reservoir quality, the challenge lies in developing a resource of this magnitude," Harwood said. "With local demand constrained, Mubadala will need to explore new markets, potentially through improved connectivity with the rest of Sumatra or by restarting exports from the mothballed Arun LNG plant."

He claimed that pipeline connections to Singapore, Malaysia or Thailand would be under consideration, although the Sumatran/Indonesian authorities may push for domestic sales.

Dr. Munish Kumar, senior analyst for upstream at Wood Mackenzie, added, "The success of this endeavour will test the efforts made by Indonesia's authorities to streamline processes and create a more favorable investment environment. The upcoming installation of a new Indonesian administration in late 2024 adds an element of uncertainty, but the discovery of gas and condensate at the Layaran-1 exploration well is an exciting development, placing Indonesia ahead of Guyana, Namibia and Malaysia in terms of discovered resources in 2023."

I especially like this bit…..

“I am confident we can realize the full potential of this block, in line with our commitment to support the government’s ambitious development timeframes.”

Don’t feed the Fish…….

Suprised to see such offers if according to CCL all is roses in the garden.....

https://www.ncl.com/uk/en/?CID=PM_DIG_NA_MFEXP_FBK_NA_NA_DISC35TAKEALL_NA_NA_UKI&fbclid=IwAR1SXEmLZTyXxTMxj1oRjZP-Bzs9MSTc6Xl9X0EIRELVxqhIYMhIQofqrCs_aem_AVj495xhTZeka2zJodtz8ED_04ddBgVp8kIPrnKe594gGPuHL1glHQoApnqMm1yvLuSh-VrvLtrTPEUSuMmLuLFr

The only trouble with the link is they have the Gas in place wrong according to Mubadala...!!!

CEO increasing already big stake in company

Debt almost removed. 100m $ remaining.

Sensible xxx to protect investment grade in 2025

Major hurdles German and Norway overcome regarding merger

Currently production 172k slightly ahead of guidance

9% Year on Year dividend growth

Zama FEED expected this year with Khan 2 in H2.

Indonesia huge potential with testing and further drilling this year.

Ever improving safety record.

Viking CCS progressing to FID & huge potential with Wintershall projects.

Liquidity of 1.6$ billion

2025 Free Cash Flow marginally improved on 2024

Huge Wintershall Dea upside with 500k production and global expansion.

Shorts significantly reducing

That would be good indeed botbot.

We are overdue for a rise but sometimes these things come slowly.

"Always follow the money" and with record booking, record capacity, record per dium and other endless records the money must be there.

To be honest I don't think carnival need to do anything other than keep going as they are and the debt will drop, the grading will com, the share price will rise and the dividend and buy backs will be reinstated.

The rest (Isreal, Ukraine) and associated crackpots are completely out of their hands....

Patience dear boy ....As my dad always said to me......

CEO increasing already big stake in company

Debt almost removed. 100m $ remaining.

Sensible xxx to protect investment grade in 2025

Major hurdles German and Norway overcome regarding merger

Currently production 172k slightly ahead of guidance

9% Year on Year dividend growth

Zama FEED expected this year with Khan 2 in H2.

Indonesia huge potential with testing and further drilling this year.

Ever improving safety record.

Viking CCS progressing to FID & huge potential with Wintershall projects.

Liquidity of 1.6$ billion

2025 Free Cash Flow marginally improved on 2024

Huge Wintershall Dea upside with 500k production and global expansion.

Quite a few things to like in the update.

Debt is almost gone which is very rare for an oil company. Wintershall deal rubber stamped by Germany and Norway should be a shoe in. Wintershall boards announced stepping down which shows their certainty of the deal.

Still talking about 500k production so Winteshall must be increasing theirs. Next year much more profitable with less capex. Our production slightly above guidance which is always good. Also some very good hedges in the future..

Investment grade will be huge and FT 100 should represent some stability.

Indonesia, Tangkulo being tested which sounds promising and Layaran 2 being drilled soon. Could be a hughe new frontier....

No real news in Zama and personally I’m have "cash in and move on thoughts".

Plenty of small discoveries/ exploration in North Sea and Norway which is our bread and butter at present.

The only think I am concerned about it where the SP goes with all the new shares. I know the market cap, investment grade and extra production but we have some major sellers looking to off load nearly 40% of the company as we did before who by the sounds of it don’t want to hang around…We shall see. Perhaps when the dust settles we have more new ii who want in on the deal.

Also worth remembering we paid a heafty price to get this deal done and beaqt the big boys. I still wonder why we managed ??

All in all things look great and with a fair wind we should do well. We shall see.

Please share any thoughts positive and negative.....

Enjoy The Sunshine......

NSS

Thanks Stevo.

The one thing that did surprise me is they still only have 35% signed up to support the deal.

I also like the fact they are testing the Wlidcat… Could be really good news…!!!… or.. lol

Hi Gents,

As our regular financial gurus I was wondering if either of you would be so kind as to share your thoughts on todays financial news. Greatly apprechiated.

Many thanks

NSS

Decent update pretty much as expected. Great news on Germany and the deal at large. And I like the fact they are testing.. They must have found something.. We shall see…

Bonker99.. Don’t feed the fish….

Can’t get Stockperks to work either. It’s won’t give me the blinkin credit….

In advance of some excellent news tomorrow I'd like to congratulate Harbour on the fantastic work thats happening..

Whilst I don't expect amazing news about current and recent financial results, its the future Im looking to.

We should have some drilling news tomorrow from Andaman, a couple of Norway discoveries and might be some Zama news.

But the biggie is how far has the Wintershall dea deal gone. We know their board have announced they will be stepping down after the deal and they must be confident that its a done deal....

So good luck all, heres to a decent day......

Looking at the sensations could the free cash flow be around 15$ million dollars for his quarter?….

Hope results aren't as bad for us.....

BP's first-quarter profit was hit by lower oil and gas trading, missing market forecasts, but the British energy company confirmed a $1.75 billion share buyback.

The London-based oil-and-gas giant said Tuesday that underlying replacement-cost profit--a metric similar to net income its U.S. peers report--was $2.72 billion, a marked decline from $4.96 billion in the same quarter last year. This missed a forecast of $2.87 billion, according to a company-compiled estimate from 24 analysts.