Tag: Anglo African Agriculture

Oil price, Sound, Eco Atlantic, Plexus, Pantheon, AAOG, AAA And finally…

Oil had a very good week, Brent particularly so, after realisation that production cuts were indeed real filtered through. Sound Energy confirm that TE-10 is indeed a discovery and have made an upward revision of net pay numbers after a report from ERCE. I met with Eco Atlantic last week and both Gil and Colin remain very upbeat ahead of the drilling in Guyana. A profit warning from Plexus this morning was down to lower margins and higher overheads whilst Anglo African Oil has got some money back from SNPC but would have preferred a higher stake in the licence. Finally a word on AAA who are getting involved in Comarco Ports in Mombasa…

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