Flash blog: Serica/Pharos.
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.
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.
A flash blog but Arrow has delivered another excellent drilling result from the Icaco.
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.
Oil continues to rally on China economic sentiment. Ironically that brings guidance reduction from Hunting but joy in Mongolia as Heron-1 is about to go into production.