Sound Energy
Sound Energy make progress with the approvals for building the gas treatment plant, including a possible LNG option. The deal also covers most of the planning needs for the pipeline.
Echo Energy, Kosmos Energy
Echo Energy is making costs cuts in order to hopefully be operationally more positive on cash flow at Santa Cruz Sur in Argentina. Meanwhile Kosmos has indicated some $100m of capex will probably fall as will the dividend, either way the company remains very strong.
Hurricane, Echo
Hurricane updates on the GWA JV agreements ahead of the Capital Markets day and Lancaster is still producing20,000 b/d. Echo update on operational and corporate with production going well and increasing debt as a precaution in case of demands on working capital.
Premier, Angus
Good figures from Premier and update from Angus, very much in haste from US.
Predator, SDX
Predator announce successful receipt of an EIA for its programme in Morocco whilst SDX has success in Morocco but a duster in Egypt.
President Energy
President announce that the new Rio Negro pipeline and infrastructure is complete.
Solo, Tower
Blog from Fort Lauderdale today, Solo on the ONE-Dyas deal falling through and Tower gets its farm-out at Thali.
Hurricane Energy
Hurricane CFO Alistair Stobie has resigned and is replaced by Richard Chaffe, Head of Finance.
Aminex, Predator
Aminex has announced important progress in Tanzania which could lead to getting underway in country. At Predator work at Geurcif in Morocco gets underway after last week’s rig booking, exciting times.
Touchstone, Reabold/UJO, Falcon, BPC
Touchstone raises £9m, Reabold/UJO slightly behind at West Newton, Falcon has more success in the NT and BPC take on £8m more debt.