Oil price, Genel, San Leon, Lamprell. And finally…

Oil fell as the EU deliberations on Russian sanctions took longer and longer. Also Covid in China showed signs of hitting Q1 oil demand. Genel has announced that the Sarta-5 step-out well didn't find find commercial oil but Sarta-6 goes ahead. San Leon announced exciting developments from Decklar in Nigeria and Lamprell say that they have three jack-up refurbs in the pipeline.

2022-05-10T15:57:59+01:0010 May 2022|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, PetroMatad, Petrofac, CEAG. And finally…

Oil is up again today, over $110 for WTI and $113 for Brent, the way things are going it will be one way traffic for a while. Today Petro Matad say how they are struggling with Chinese Covid measure but will be OK. Petrofac have won a good contract in the Gulf of Mexico and will be a good investment from here. Also I note that CEAG have an exciting new product in the market.

2022-05-05T14:51:56+01:005 May 2022|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, IGas, Reabold, Empyrean, SDX, Gran Tierra. And finally…

Oil fell yesterday on China problems but is up today as the EU start the process of stopping Russian oil and products. Reabold has walked away from Victory as Corallian is bid for, seemingly preferring to spend on West Newton, I don't blame them. Another cracking set of numbers from Gran Tierra across the board and SDX have tied in of the SD-5X Warda well whilst Empyrean are going for Topaz.

Oil price, JOG, PetroTal, Afentra, Hurricane, Empyrean. And finally…

Not much going on on the oil front but gas is all over the place. An update and results from JOG who are in very good shape at the GBA. Figures and an update from PetroTal which is also in very good shape right now. Afentra reveal that they have bought interests with Sonangol which looks a cracker to me. Finally Hurricane report and looks cheap as chips. And Empyrean regrettably found out that jade was dry.

Oil price, Diversified Energy, Chariot, Egdon, Union Jack. And finally…

Oil down, China crisis. An acquisition from DEC which looks like more of the same, ie very good. Chariot have appointed Societe Generale, London Branch  to the role of financial advisor to develop debt funding options for the Anchois gas development, this is smart and good news. Egdon results but Shell walk away from their partnership with the company and Union Jack add the the Wressle good news to the update on the rest of their portfolio.

2022-04-26T14:20:07+01:0026 April 2022|Categories: Daily Blog|Tags: , , , |0 Comments
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