Blog archive
Oil price, Echo. And finally…
Oil is solid ahead of the Opec+ meeting on Sunday and the EU sanctions and -possibly- a price cap on Monday. Today Echo complete their restructuring which is good for the balance sheet but somewhat dilutive.
Flash blog: Genel, San Leon, Zephyr, SDX, Rockhopper.
Genel update on receipts from the KRG, San Leon update on Nigeria whilst the Spanish Archer arrives at SDX. I also note yesterday's RNS from Rockhopper.
Oil price, JOG, Sound, Arrow, Eco, Zephyr. And finally…
Oil has picked up sharply today with markets worrying about the Opec+ meeting on Sunday. JOG get an extension at Verbier to match the GBA whilst Sound restructure the Phase 1 Micro LNG. Eco has results which are history and Arrow has its best ever quarter. Finally Zephyr publishes a new presentation, worh a glance.
Oil price, Scirocco Energy. And finally…
Oil had another bad day and week as China is really threatening a blow up. Elsewhere Opec+ is upcoming and the EU sanctions. Scirocco has welcomed the signing at Ruvuma.
Oil price, IOG, Hurricane. And finally…
Oil was quiet with the US shut and IOG announce the return of Saturn Banks. Hurricane say that in the absence of a bid they will return capital back to shareholders...
Flash blog: Angus, UOG.
Angus yesterday updated on Saltfleetby where progress is being made at the SF07V side track and it has progressed to the top of the target reservoir itself. At UOG a disappointing production number from ASH-4 has led to a trimming of production guidance.
Oil price, Jadestone, Deltic, Europa, Prospex. And finally…
Oil is falling as traders level off their books ahead of the long Thanksgiving Holiday. Jadestone sign off the remaining 10% interest in the Lemang production sharing contract onshore Indonesia and Deltic spud Pensacola. Europa have released themselves from offshore Morocco having found no partners and Prospex are going great guns in Italy.
Oil price, Southern, Kistos, Coro, Petrofac. And finally…
Oil is under pressure as China battles with Covid, so far losing the battle despite the 'magic weapon' of zero tolerance. Southern Energy has reported a good set of figures with much excitement to come. Kistos is pursuing a scheme of arrangement in order to restructure and be able to pay out to shareholders. A new CEO on the way at Petrofac and a positive update from Coro in Italy.
Oil price, Chariot, Zephyr, Tower. And finally…
Oil is cratering as Covid remains prevalent in China, WTI is back to contango. Chariot has announced a JV in South Africa in electricity trading where they have been awarded a licence. Also it has put to bed leaks from a meeting held in Morocco about the Anchois field. Zephyr has announced the spud of the 36-2 LNW-CC well in the Paradox Basin. And Tower has made progress in Cameroon as a loan is approved locally and now needs to go to group level.
Oil price, Eco, Reabold, Hurricane, UOG, Gulfsands. And finally…
Eco has a duster at Gazania, Reabold win their vote, Gulfsands open up in Abu Dhabi and Hurricane stay with the FSP.