Member Info for Neversellshell22

And Wintesahll Dea have been cleared for more.....

https://www.offshore-energy.biz/wintershall-deas-drilling-ops-with-transocean-rig-cleared-for-take-off/

Norway is surely an exciting area for us.

Not only are Harbour drilling Amethyst currently but we are drilling Ringhorn North any day now as well.

Wintershall have numerous project going on including appraising Bergknapp which has recoverable of between 50 and 100 million barrels. They are already producing from multiple fields in Norway...

https://wintershalldea.no/en/where-we-are/production#:~:text=Wintershall%20Dea%20is%20one%20of,operator%20of%20three%20producing%20fields.

And I know its known news but they did very very well in the last auction and got 13 new licences some with partners.

https://wintershalldea.com/en/newsroom/pi-24-01#:~:text=Wintershall%20Dea%20has%20been%20awarded,in%2019%20discoveries%20since%202019.

And when you think that Norway ius only about half of the picture it does make you feel a bit better.......

Nothing to see really but a few changes in their leadership team which I assume we were involved with....

https://wintershalldea.com/en/newsroom/changes-wintershall-deas-leadership-team

What might that mean?

Shorter transferring to institutes.?

Confidence?

Something else?..

Cheers NSS

Ps how much have the other matches pairs been for?

Rookie, Even the most confident of investors are feeling rubbish after today. Another big drop for no reason.

Crazy when oil has hardly moved and we technically produced 500k barrels.

Start to wonder if oil and gas is really the past?..

Re the competition of this deal is due to be done in Q4. Now I would imagine some of that is buffer so as not to look bad. We could have it all sorted out earlier.

Whilst I have an unhealthy amount in Harbour I believe it will come good and 500k of production per day can’t be ignored. I’m also comforted that BASF and Letter One are happy to get into bed with us at least short term.

I think German who must be the biggest concern re the deal will be happy to let it go through especially as they are a very green country and we’re dealing in dirty and bad commodities. Lest we forget the world couldn’t survive without it currently.

With everything time and patience will tell us if we are on a Winner.. Good luck all…

Always worth another look….

https://www.harbourenergy.com/media/n4phn4it/240118-investor-presentation-t-o-update-jan-2024.pdf

I can’t think of any reason why the deal won’t get done.

The top people in numerous companies have green lighted it to this stage and multiple banks have casted their eyes over it and given it the green light also.

Whilst I understand the time it will take to get approvals from governments they really don’t have much to disagree with as most governments policy is that oil and gas is bad.

So I think it’s full steam ahead, plenty of bumps in the road but I expect an SP of over £3.60 well before the deal is completed.

One final thing….Drilling results from Andaman and Norway are due in the next week or so.

Boom…….

Hi Collingham,

I’m not Charty at all. What do they say please?

Thanks

Well a pretty grim week but only a moment in time.

Not a perfect storm but a tough week with oil and Gas against us and GS with their rating.

Things can change very quickly in this game and as much as we were promised 100$ oil this winter and got less than 80$ things could easily work the opposite way very quickly.

Remember we have some amazing assets both now and in the future and are getting paid for production of over 500k barrels per day.

There were many many clever heads involved in this deal from many companies, countries and banks and they must have been pretty sure it would get the green light to proceed with it.

That’s what I’m holding on to and why I have a decent amount invested.

Here’s to Ireland, England and Scotland winning the rugby, everyone having a good weekend and coming back to face the week refreshed on Monday.

Life is short…. Enjoy every second….

No Harbour but quite interesting in the fact that hardly any real interest.

Will the government ever get serious about the North Sea..??

https://www.youtube.com/watch?v=0PL2NglrYpg

Just wondered if anybody has any idea why Shell keep their debt so high. Currently 43$ Billion which they seem very happy with.

Would have thought that they would have taken the opportunity to pay a bit more down than they have down?

Https://wintershalldea.com/en/newsroom/pi-23-10

https://wintershalldea.com/en/newsroom/pi-23-09

https://www.offshore-mag.com/drilling-completion/article/14302027/plan-submitted-for-next-phase-drilling-on-block-30-offshore-mexico

I didn’t realise but if the deal goes ahead we already have production in Mexico, the big beast Zama and some other fields still to be explored.

Not sure about the tax and stability side but I’m sure due diligence has been done….

https://wintershalldea.com/en/where-we-are/mexico

Https://www.fool.co.uk/2024/01/29/mega-profit-shell-could-be-the-ftse-100s-best-value-stock/

Some have been shared before but thought worth sharing on a quiet day.....

There is an interesting Timpan one and also an up to date Indonesia one from January..

https://www.youtube.com/watch?v=fqGJCxC50IA

https://www.youtube.com/watch?v=RHxns3peIf0

https://www.youtube.com/watch?v=LCjjSf9aUME

Timpan

https://www.youtube.com/watch?v=LCjjSf9aUME

Latest Indonesia

https://www.youtube.com/watch?v=R1VnZMsuGPo

Worth noting Wintershalls production cost are less than 6$ a barrel.

Enjoy......Sshshh Don't wake the Baby.....

And we have a rig there drilling 3 more wells at the moment....

https://drillingcontractor.org/noble-secures-contract-with-totalenergies-offshore-argentina-66324

Argintina holds more of our resources than any other country.....IF

IF and its a big IF all goes well with the merger we will begin production from Fenis Gas Development Project in early 2025.

Sounds a pretty serious development, has cost over 700$ million and we own 35%..or might..

https://www.offshore-energy.biz/jacket-and-topside-built-for-totalenergies-gas-project-on-their-way-to-argentina-gallery/

Most oilers having a positive start but we seen to be struggling to get going.

Hopefully things progressing in the background.

Heres to moving forward.....

Completely agree.

A nice steady 4% rise is always appreciated.

Meanwhile information going out to governments to get the deal sorted and drillers drilling many many places.

So far so good......