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

Blog archive

Oil price, Jadestone, Eco, President, Hurricane, Prospex. And finally….

Oil will likely be up on the week as the agencies report differing views, not often that the IEA are more positive than Opec but they are restating their numbers. I look at Jadestone who have decided to stop production at Montara while they fix it and Eco Atlantic are on the move with the rig mobilised for Gazania-1. Also I look at President with Argentinian numbers, and catch up with Hurricane and Prospex from yesterday.

Oil price, Afentra, Kistos/Serica, Gran Tierra.

Oil continues to drift, even after today's better than expected US CPI numbers markets rallied but not the oil price. Maybe as it's the monthly reporting time that is responsible but I'm convinced that underlying the bulls will out. Last night both Serica and Kistos walked away from hostile activity and will remain independent. Today sees the return of Afentra to the market following suspension after the Excellent deals in Angola and it looks to be very positive indeed and are seriously going places. Finally I caught up with Gran Tierra after figures on Monday.

10 August 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Sound, UJO, Scirocco, Prospex, Lamprell, Kosmos.

Oil rallied and again today after a deal has been put to Iran regarding sanctions. Today Sound have updated from Morocco and detailed a farm-out process as well as a drilling programme.Union Jack has detailed the court process for the reduction and potential for dividends. I catch up on news from yesterday, Scirocco in Tanzania, Prospex, Lamprell and of course Kosmos.

Oil price, DEC, San Leon, Touchstone, UJO/Egdon. And finally…

A bad week for oil but who has forgotten just how tight the fundamentals are...? Results from DEC were predictably very good as usual and San Leon progresses in Nigeria with shareholder approval. Further excellent news from Touchstone, twice in a week is incredibly good news for them and UJO and Egdon try again for planning in Lincolnshire.

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