At PetroTal al is going well with a tripling of average in 2020. At GKP they expect 43-48/- bopd in 2020 and 55/- bopd in Q3, takes some doing...
Far has announced approval by the Government of Senegal the Field Development Exploitation Plan for the Sangomar field development offshore Senegal
Iog brings an update to the market, all is well, fully funded and this year should be a good one for them. Genel has been paid by the KRG for oil payments, a welcome return to normality and Gulfsands has completed its raise of just over £4m.
Sound Energy has made a modest raise after recent interest which makes sense, IOG has not had quite what they expected at Harvey but to the northeast has seen a structure. Putting that with Redwell might create a hub going forward. Rockhopper have updated modest success at Abu Sennan before passing on to UOG. And Serica has been awarded licence P2501 conveniently next door to Rhum.
very promising early news from Echo Energy in Tapi Aike and now we wait for the results of testing. PetroTal has confirmed the dividend promised at the float.
Opec cuts production by 1.7m b/d but the the Saudis agree to take another 400,000 b/d off making it 2.1m b/d
Genel announce that Chairman Steve Whyte is stepping down as already announced. George Rose takes temporary charge until a replacement is announced.
Very positive update from PetroTal this morning, well going according to plan and guidance increased.
Echo Energy has spudded the first Tapi Aike well, this is a four-well programme so patience has to be exercised.
Hurricane has started DST at Warwick West, PetroTal 3Q are dead in line and Wentworth narrow the guidance but sound positive on production and the financial situation going forward.