Latest from the Blog
Oil price, Zephyr, Kosmos, Trinity, Gran Tierra, Kistos. And finally…
Oil still rises, the IEA are no different to the others, it will be another good week. Zephyr announce that it is ready for the next phase at the Paradox Basin and Kosmos got the offering away at a very decent premium. Trinity are in-line with expectations and so are Gran Tierra.
Oil price, Kistos, PetroTal, Kosmos, Echo, Hurricane, Union Jack/Reabold. And finally…
Oil continues to rise, today the Opec and EIA reports show increased demand and reduced supplies which should have been expected all year. Russia have been hosting an Energy week at which both Putin and Novak made positive comments about the price of oil, $100, and the availability of gas when the Nordstream 2 pipeline comes in. Kosmos has bought stakes in Jubilee and TEN in Kenya from Oxy and i feature an interview with Andrew Austin at Kistos. Yesterday saw another excellent update from PetroTal who are at last on the move. I also look at the West Newton result and its implications for Union Jack Oil and Reabold Resources.
Diversified Energy Company.
I look at the response by DEC to the article published by Bloomberg earlier today.
Oil price, IOG, President. And finally…
Oil remains perky, IOG have a technical on the rig when it arrived at Southwark. The good news is that with Blythe and Elgood completed first gas is still expected in Q4 2021. And President has a big round up and all parts of the business are going well.
Disclaimer: Malcy’s Blog is provided for general information about the international oil and gas industry and the companies that operate within it. It does not constitute investment advice and Malcy does not buy or sell shares, warrants or bonds in any company written about within the blog. Information is taken from publicly available sources and any comment is that of the author who does not take any third party comment in the publication.