Category: Flash Blog

Savannah take a step further to closing the Seven Energy deal with a successful visit to the High Court of Justice yesterday. Today’s update from Premier shows another quarter of operational excellence and deleveraging of the balance sheet.

Tagged with: ,

Good news from Predator in Trinidad as the CO2 EOR makes further progress and SDX gets first gas at South Disouq.

Tagged with: ,

Hurricane have responded to press speculation by warning that testing has not yet started on the Warwick West well and thus ‘far too early to make any conclusions as to the success of the well’. More good news from Savannah as they progress to the completion phase of the Seven Energy Transaction giving much cause for optimism on this front.

Tagged with: ,

Today’s flash blog covers Echo Energy who have announced that they have received the necessary waiver for their recent acquisition. Also DGO has announced the sale of non-producing assets for $10m which takes the cost of the EdgeMarc deal to only $38m and proves that the company are continuing to efficiently manage their portfolio.

Tagged with: ,

A flash blog this morning on Sound Energy who have updated the market on the ongoing marketing process in respect of the Eastern Mediterranean portfolio. It has revealed an interesting and somewhat novel plan, which if it completes will deliver value to shareholders but remain with a potentially high value residual holding in the asset.

Tagged with:

The moratorium on fraccing is interim in nature and quite possibly an election stunt but has hit IGas but maybe too much as it has a substantial conventional business. Rose Petroleum starts its strategic re-shaping with an asset deal and a small raise. Echo has extended is Acquisition Agreement waiting a waiver, Coro spuds the Tambak-1 well and at PTAL Douglas Urch takes over as CFO.

Tagged with: , , , ,

Sound has signed an MOU with ONEE, the Moroccan State Power Company for a potentially very rewarding GSA. Range continue to reorganise and tidy up, a lot to agree at the AGM

Tagged with: ,

IOG announced completion yesterday of the core project and now go ahead with the farm-out and FID. i3 have a discovery at Serinus which is good and interestingly has a decent knock on for RockRose over at Tain.

Tagged with: , ,

DGO has extended its assets retirement agreement in a Kentucky, Getech has signed a $1m licence agreement and Range Resources has withdrawn its Notice of Arbitration in Georgia.

Tagged with: , ,

A flash blog today as Coro and Empyrean come in with their Tambak-2 well in the Duyung PSC offshore Indonesia. Also a £1.5m fund raise from Tower where Jeremy Asher and friends back the upcoming Thali well. Finally an agreed takeover for Eland from Seplat at 166p

Tagged with: , , , ,
Top