Oil price, Arrow, Zephyr, PetroTal, Afentra, Tower, Prospex. And finally…

Oil is mixed but it's all about the meeting at The White House today between Sleepy Joe and House Leaders. Arrow yesterday announced another highly successful well in Colombia and today Zephyr update on production and the Paradox Basin. PetroTal have announced details of dividend and buy-back arrangements which should be huge for shareholders and Tower have raised money again and Afentra have unimportant figures. As for Prospex it looked like good news but the market is unforgiving.

Oil price, IOG, Southern, Angus, Afentra, UOG, Hurricane. And finally…

Oil drifted as the greenback rose, Chinese data though is picking up...Today IOG have some operational problems, nothing that hasnt been seen before though. Southern Energy release full year results, nothing to add to recent updates but holding back some production until prices rise again. Angus gave a brief update but all appears well at Saltfleetby whilst Afentra are looking good in Angola with things on the move there. Finally Hurricane updated, Prax still waiting there and UOG confirmed yesterday about extending their own long-stop date.

The Bucket List, 1Q update.

A quarterly update of the Bucket List to reflect recent performance as well as a year/year check.

Oil price, San Leon, Afentra, EOG, SDX, Predator. And finally…

Oil has been steady, China is OK and stories from CERA Week are bullish. San Leon note Eroton has been removed from OML 18 as operator but shouldnt affect them. Afentra are nearly over the line in Angola and EOG point out that Ireland can provide its own gas with lower carbon than now whilst SDX have reconstituted the recent deal and Predator are applying for regulatory permissions ahead of MOU-1 testing.

The 2023 Bucket List

The 2023 Bucket List is published today, five companies are leaving one way or another and three are joining the group. The Oil and Gas prices both showed consistency in being virtually unchanged on the year although the prices changed at different times during it, see the charts. The blog also announces how the 2022 list fared.

Oil price, Wentworth, Afentra, Pharos, UOG. And finally…

Oil rallied strongly as despite the inventory stats I mentioned yesterday oil jumped on economic news and potential further sanctions against Russia. Today Wentworth updates on the takeover by M&P and Afentra update on Angola. Pharos has an extensive reading and operations update and UOG have some encouraging numbers on Maria.

2023-01-12T16:31:22+00:0012 January 2023|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Savannah, Afentra, IGas. And finally…

Oil rallies again ahead of the Fed rate decision and the dollar weakens. Today Savannah has said that its SPA with Petronas in Chad/Cameroon has hit the buffers and Afentra have a slight delay in Angola. Meanwhile IGas has had a bad time, the fraccing decision has cost it a deal and they are still allegedly looking for a new CEO, the shares are down 86% since the last one was dispensed with...

2022-12-14T13:48:41+00:0014 December 2022|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, DEC, Reabold, Getech, Afentra, Serica, President, UOG, i3. And finally…

Oil rallied as Hurricane Ian headed towards the Gulf of Mexico, it's now veered towards Florida. Today i look at DEC with a deal completion and yesterdays buy-back news and Reabold have madea small acquisition. Getech have results and now need to deliver, and i3 add to yesterday's announcement to say that Graham Heath is leaving. Yesterday was a nightmare with so many results and calls/meetings that they are in today's blog.

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