Member Info for Nitro182

Well Israel have said this is a prolonged operation so therefor oil/gas will remain high and the sp has to adjust accordingly.

It has to break out. The company are turning over 1billion fcf at $65 , at $75 it has to be 1.5billion. Debt will be paid down easily and we already get a 10% divi. This is so undervalued.

So it's the royal international air tattoo in the next few weeks at us airbase Fairford , usually the us air force have a massive presence however this year they arent attending. Make of that what you will.......

Also the UK government know what's coming as they have already announced winter fuel payments because of prolonged gas and possibly oil prices!

Sekford - saudi have already turned the taps on and the price of oil went to $60 ! Saudi will be very happy right now ! You sold too early or something?

Israel is basically the US.

And the higher oil prices will only benefit hbr even more so this will be reflected in the sp. At this rate debt will be paid down easily !

I'm just going to hold , this escalation is just the start and I can only imagine this uncertainty will rattle oil markets for the foreseeable future.

Oil markets don't like uncertainty and this is an extreme case just like the russia Ukirane situation. Russia were still pumping oil and gas when brent went over $100 ! Iran is very much the same situation. Won't be long before their oil is sanctioned.

Just got to watch the charts.

Thing is i dont want high oil prices and economic turmoil, seen enough of that over the last few years. Just want a nice simple earner where the sp keeps going north ! $70 brent will do nicely.

20p incoming maybe lower. Still watching.

Still watching.

Wishful thinking ;-)

And hbr have hedged at $78 Brent(from memory), but only 20% of their production. Higher Brent prices will make a big difference.

Slow and steady, Brent has gained $1.5 since the ftse closed yesterday. Sounds like someone sold prematurely ;-)

Well i believe there's a reason why winter fuel payments were announced just this week, its because of this escalation therefor causing oil and gas to go through the roof. Hello high oil and gas prices for the foreseeable future !!

Sp wise probably won't see a lot of change until there's an rns regarding the basf share purchase. If oil and gas stays where it is now then the sp should also rise to the next trading update in August as results should be very good! Looks like there's some confidence in Brent now (driving season,tarrfis) and also European gas is bullish as ever due to storage levels being only 30% full. Should now be a no sweat enjoyable share to own.

Yes Without , taken from the energyvoice article .

“A final investment decision will be taken later this Parliament, subject to project readiness and affordability,” the government stated.

So , today's news isn't exactly news ! Just more fluff from Westminster. Waffle waffle and more waffle.