Tag: Anglo African Oil and Gas

Oil price, Block, Reabold, AAOG, Solo, GKP, And finally…

Oil stays strong in the new quarter which most agencies say will be tighter than the last in which oil rose by over 30%. Block Energy has a great result in Georgia as does Reabold at Monroe Swell. Anglo African have recovered 43° API Djeno oil to the surface at TLP-103c which must help confidence for flowing in due course and I comment on a meeting with the Solo Oil management and the GKP Capital Markets event.

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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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Oil price, Ophir, Anglo African And finally…

Oil rallied yesterday as possible movement on the US/Sino tariff war was mooted. Ophir has accepted a bid worth 55p, oh what could have been…And Anglo American brings in the Djeno at Tilapia but it will be a long haul for patient shareholders.

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Oil price, Anglo African Oil & Gas And finally…

Oil drifted yesterday but is up at the moment so it may be an up week for crude in the end. Today I report on a meeting with David Sefton, Executive Chairman of Anglo African Oil and Gas, with a company making well drilling right now stakes are rarely any higher…

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