A wressle announcement from both UJO and EOG.
Late announcement from Reabold Resources re media reporting.
Oil drifted yesterday but has rallied this morning, Genel have bought back some bonds and IOG announced yesterday that receivers had been appointed, as expected. Yesterday I interviewed Oisin Fanning and the link is here to watch.
Interview with Paul Baay, CEO of Touchstone Exploration.
DEC confirm dividend pricing in sterling and Chariots results show progress across the board. Serica is looking very strong and is now a serious dividend payer while Jadestone has seemingly put Montara behind it.
Touchstone hit first gas production targets at Cascadura, DEC have had a re-shuffle of the executive and NED board and Arrow have brought on CN-3 as expected. Afentra are back from suspension with the admission document out today and Orcadian, fingers crossed have farmed-out most of the Pilot project.
Interims from JOG but really show just how much has, and is going on there. Huge upside not to be sniffed at...
Good numbers from Pharos, PetroTal are in the dry season but guidance is unchanged, the yield is not it's 17$ plus 2 for the buy-back. IOG are working hard and in talks with bondholders and Longboat have added to the previous acquisition.SDX continue to impress with deals and Hunting were also very impressive at the Capital Markets Day. Star meantime are all-in on geothermal.
The oil price was boosted by the arrival of the hurricane season as Idalia swept across the Gulf of Mexico and non-essential staff were removed and key regional pipelines were shut. More on inventories tomorrow but the API saw a draw of 11.486m barrels. I write up CEG, with more tomorrow and Predator who have updated on Morocco. Finally Eco Atlantic are looking good right across the bulging portfolio. Finally SDX have what looks like a great deal in Egypt.
Today's flash bog covers Arrow who are moving fast in their drilling programme in Colombia and Scirocco who note an extension of the Ruvuma longstop date. Also Longboat announce production ant Statfjord Ost and Star make a move in geothermal energy in Croatia, yup, Croatia...