Oil tanked on the Fed news which hit markets hard but supported the greenback. Today Chariot announce that FEED for Anchois is finished and Zephyr say that flow testing the 36-2 well is imminent. Challenger and Predator have completed their deal and Angus record that the second compressor is up and running.
DEC completes on Tanos, Touchstone well looks cautiously optimistic, San Leon creating more value through Decklar, Angus well ready to test and management changes with funding and Scirocco pick up on Aminex delays plus Hunting.
Oil was up a bit as Turkey restarted production from Ceyhan, today it's all about the US CPI numbers which will affect the greenback and rates. Zephyr announce the news from the State 36-2 in the Paradox Basin and PetroTal confirm the TSX quote. Challenger tidy up the portfolio a bit and Coro make a claim in Italy whilst Tullow go to arbitration too. Finally Petro Matad have another mixed bag.
Oil as above, up over 6 bucks on the week. Genel have a payout from the KRG and might get repaid the lot before long and IOG have announced that they will go to Blythe H2 next and reassess Southwark. Finally Angus remain drilling at Saltfleetby.
Oil lost its gains on US data and inventory gains. IOG is planning changes at Southwark to isolate three of the zones and Gulfsands has opened its new Hub in Abu Dhabi. Predator has run into technicals in Morocco but it's not all over yet. Capricorn, you couldn't make it up could you? Getech has produced a good set of numbers and a good order book in its new areas and Serica gets a renewal from the US. Angus has a 14 day delay at Saltfleetby which shouldn't worry folk and COPL has production at Cole Creek. And Kosmos say the FPSO for Tortue has sailed away to Tortue.
Oil rallies at the start of the year and San Leon have extended the term while they complete the OML18 transaction. CEG formally announce the Uruguay stuff that i wrote up last week and Angus have good production numbers. Finally all is unveiled at the New Beacon and COPL have more money from a lead investor.
Even with a dip at the end oil was up on the week by about $3. Today Angus have raised £7m for continued work at Saltfleetby and some share tidying up. GKP have a corporate and trading update and Eco have completed their deal in blocks 3/b and 4/b.
Oil was up last week and stronger again today, Opec+ didn't change the deal and the EU seaborne oil and the G7, EU and Australian price cap came in at $60. Wentworth has announced an agreed takeover by Maurel & Prom and Angus are working hard at Saltfleetby. At Serica Eigg is non-commercial but trading remains strong and Petro Matad still have no luck at XX but are hopefully drilling Block V next year
Angus yesterday updated on Saltfleetby where progress is being made at the SF07V side track and it has progressed to the top of the target reservoir itself. At UOG a disappointing production number from ASH-4 has led to a trimming of production guidance.
Oil rose after better than expected US GDP figures. Union Jack start the buy-back, Angus update on operations, UOG show good results from ASH-4 and IGas complain about the Government.