Latest from the Blog
Oil price, Jadestone. And finally…
Oil is up ahead of the Independence Day weekend as equities also head into the break on a high after good Non-Farm Payroll numbers. I notice that Jadestone is going to arbitration in Singapore after being jilted by Inpex...
Oil price, Premier, Reabold. And finally…
Oil is in quite good nick, this week's inventory figures have helped, Premier continues with its Andrew and Shearwater deals but have quit the Tolmount acquisition. Reabold have announced news from Romania but that well is early days yet.
Oil price, Predator, Trinity, GMS. And finally…
Oil rallied nicely yesterday as markets found strength, today all is about window dressing on the last day of the month, quarter and half means leaving no big open positions to make you look a fool...I look at Predator who are preparing in some detail for drilling in Morocco and are clearly excited. Also Trinity who have received the VAT money and GMS who had a trading statement yesterday.
Oil price, Sound, Echo, Solo,DGO, Jadestone. And finally…
Oil ended the week slightly down on more virus worries but markets are better today as is oil. I look at the interesting Sound deal in Morocco and the good news from Echo Energy. Solo has raised a potential $5m and updated on cost strategy whilst DGO has had its redetermination satisfactorily. Finally Jadestone looks like it has made another cracking acquisition.
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.