Blog Archive2020-01-25T16:35:11+00:00

Blog archive

Oil price, Eco, Predator, Hurricane, IGas, Far, Zephyr. And finally…

Oil is quiet, yesterday it was good inventory stats offset by more worries on inflation. Predator announce that the rig is on its way to Guercif, Eco has been further delayed to the Tullow problems, Hurricane have 3 announcements but shareholders should vote to save their equity. I interviewed Steve Bowler CEO og IGas where he talked me through geothermal and hydrogen. Zephyr are also on the move with more wells on stream and earning money.

Oil price, Challenger, Sound, Scirocco, Helium One. And finally…

Oil is up again today as buyers realise just how big a week it is, Iranian elections upcoming, the Putin-Biden talks, the Fed meeting and the IEA volte face. Shell consider a sale of $10bn of Permian assets and Scirocco have made moves into the sustainable area while Challenger update on Saffron-2. Sound have done a very smart deal in Morocco and Helium One Global have started the drill bit spinning.

Oil price, Predator, Zephyr, Gulf Keystone, Jadestone. And finally…

Oil is modestly holding its ground today and with a fair wind will be up on the week despite the attempts of two of the reporting agencies. Predator update on Morocco ahead of their drilling and I look at the LNG situation whilst Zephyr are joining the OTC where friendly Americans might like to buy the shares. Gulf Keystone update on growing production at Shaikan and Jadestone confirm their dividend.

Oil price, Serica, Longboat, Pharos, Hurricane, Zephyr, Lekoil, Decklar. And finally…

Oil is quiet, the reporting agencies are out this week and the EIA were somewhat bearish in their comments. They don't generally take into account the politics of the situation and have based their views on supply and demand data. A good result from the Rhum R-3 well for Serica and Longboat announce a raise of £35m and two of three deals to get them started. Pharos update on Egypt and Vietnam but no comment yet on the farm-out whilst Hurricane update on production as they will until 5th July. Decklar has acquired the opportunity to participate in the Asaramatoru field in Nigeria, located in OML 11. I speak to Zephyr CEO, Colin Harrington who tells me about all things Paradox and their new environmental brief and Lekoil Ltd worry about their CEO...

Oil price, IOG, Zephyr, Getech Group. And finally…

Oil is quiet today after a week when it yet again broke recent records after a positive response from the Opec+ meeting. IOG are making good progress with Phase 1 as the Blythe and Southwark gas platforms are installed. Zephyr's results merely prove quite what a ride it has been for shareholders as the stock has quadrupled this year so far. Finally Getech has finals in which the company spend time giving its plans and mission statement for the future.

7 June 2021|Categories: Daily Blog|Tags: , , |1 Comment

Oil price, Challenger, Predator, VOG, Hurricane. And finally

Oil will be up strongly on the week and economic stats are pretty good. Challenger updates on the Saffron-2 well and Predator has raised £1.5m at 15p. VOG also announce positive news across the board and Hurricane walk away from the Aoka Mizu contract when it expires in the hope of getting a cheaper deal, if not that's it, all over...

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