Oil is down a little this morning as the market weighs up the Oman/Iran potential agreement. Good interims from Jadestone with progress particularly in Vietnam and Malaysia. Arrow are fully up to speed in Colombia and have added in Canada at very good prices and Sintana are also in-line with expectations. And the Rockhopper raise is here as was well telegraphed.
A flash blog tonight as I note the recommended offer for Pharos by Serica Energy. I will comment after the webcast ay 0900 hrs tomorrow morning.
Another flash blog, today Union Jack has an uncommercial well in the US, GKP has a short AGM update and Sunda look to be in a fight for the PSC in Timor-Leste after years of hard work.
Oil is another two dollars down today after the details of the MOU were released. Kistos have an upbeat announcement from Balder and Star have a new presentation whilst Eco have a good mid year update.
A flash blog but Arrow has delivered another excellent drilling result from the Icaco.
No company news but the Strait of Hormuz may be reopening...
Oil rallied sharply again with the events in Iran inevitably leading to retaliation of some sort. Today JOG looks to the future with GBA looking likely top be developed. Eco have updated from Guyana where I think that an extension is likely and UOG have also updated from Jamaica.
Oil rallied yesterday but is weaker today, c'est la vie... Serica has completed the Prax acquisition.
Oil is unchanged which ain't bad in these markets, hit somewhat by the strong dollar as analysts waver on a Christmas rate cut. DEC has good quarterly numbers with guidance up and distributions also good. UJO have had a duster in Oklahoma but move on to the next drill and for Petro Matad it is one step forward and two back.
Oil is up today after Opec agreed to a rise of 137,000, as expected but the good news was a three month 'pause' in output hikes. Today Angus have a positive update, Buccaneer are raising for bitcoin and Jadestone are showing analysts around Akatara.