Flash blog: DEC, Touchstone, Arrow, Afentra, Orcadian.

Touchstone hit first gas production targets at Cascadura, DEC have had a re-shuffle of the executive and NED board and Arrow have brought on CN-3 as expected. Afentra are back from suspension with the admission document out today and Orcadian, fingers crossed have farmed-out most of the Pilot project.

Oil price, Afentra, Reabold, Ithaca, Coro/Empyrean, Arrow. And finally…

Oil is better again today in what is a quiet market, little going on and even tomorrow's US CPI number probably won't draw the Fed into a rise this month. Today Afentra have results which are of no interest, deals in Afentra are of interest and all is good there. Reabold up their %age in LNEnergy and Ithaca confirm taking Shell's 30% of Cambo. With Coro and Empyrean being boosted by a GSA at Mako both companies can now kick on and get some finance...And I revisit Arrow in case my interview with CEO Marshall Abbott had been missed.

Oil price, PetroTal, Afentra, Petro Matad, Kistos, Arrow. And finally…

Oil drifted yesterday on Juneteenth Day and has risen slightly today. PetroTal report the blockade is over and production is good while Afentra havent quite completed with Sonangol yet. Petro Matad results as expected and from yesterday Kistos and Arrow where I have a fascinating interview with Marshall Abbott.

2023-06-20T12:08:28+01:0020 June 2023|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, PetroTal, Kistos, Arrow, Southern, Hunting, Angus, Longboat, Empyrean, Prospex, Rockhopper, IGas, Reabold. And finally…

Oil fell today as uncertainty rips through Washington about the debt ceiling. Today excellent news from Arrow and Kistos with results and Southern had good quarterlies. Hunting made a really good contract and upped guidance and Angus goes from strength to strength at Saltfleetby. Longboat announce a rig fora. well in 3Q 2024...Empyrean raise and update, Prospex is delayed in Italy because of the bad weather. Reabold and RKH have figures and IGas are in for a hospital contract. PetroTal move towards its social contract.

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, Chariot, Zephyr, Arrow, SDX, Longboat, Hurricane, PTAL, EME, Angus.And finally…

Oil is weak today ahead of the Fed tomorrow. IOG talk the Blythe well, Zephyr announce good hedges and Chariot tie up with Vivo in Morocco. Arrow are in great shape and will hit targets while Longboat have JVd with Japex in Norway. SDX are partnering with Aleph on alternative energy projects, PetroTal appoint a COO and Angus update on Saltfleetby.