Flash blog : Egdon Resources
The agreed cash bid for Egdon by Petrichor Partners is the news of the day but sad to see it going out at a value of only £26.64.
The agreed cash bid for Egdon by Petrichor Partners is the news of the day but sad to see it going out at a value of only £26.64.
An MOU in Niger from Savannah for 2 solar power stations and an update from Genel about the pipeline. Also another blistering quarterly report from PetroTal.
Update from PetroTal is very positive as is the news from Rockhopper. Coro also update from the Philippines.
A deal from Kistos which looks to be another beauty, and good trading statement from Hunting today, who could ask for more...?
DEC report another excellent set of numbers and yielding 15% I expect good income and capital growth from here. United Oil & Gas is bringing onstream the better than expected ASH-8 and Eco Atlantic is starting to go forward in the Orange Basin. Longboat have results and Beacon Energy are appearing with a raise and acquisition.
Genel announce pretty good reserve numbers, a big pool for the company to work with. San Leon note Decklar shipment and pipeline numbers, must be good news and Union Jack, Egdon and Europa update Wressle, good numbers of course. Scirocco start the process of changing up the board and as for Hurricane, well it's not bad really...
Genel announcing KRG oil sales and price details, IOG announce the spud of the Blythe well and Touchstone reveal a very strong reserves report.
IOG has a reserves and resources review out today and Arrow a spectacular start to the drilling campaign which Longboat are relinquishing a licence before applying for the same one again.
DEC completes on Tanos, Touchstone well looks cautiously optimistic, San Leon creating more value through Decklar, Angus well ready to test and management changes with funding and Scirocco pick up on Aminex delays plus Hunting.
Genel sign with Morocco re Lagzira, remember Sidi Moktar (?). Scirocco start changing the board, slowly right now but the makeup will change. SDX update on the portfolio and COPL have been hit by the weather...