Oil price, Genel, Savannah, Touchstone, Eco, CEG, Petro Matad, Arrow. And finally…

Oil rose on Friday but WTI was down on the week, Brent unchanged. Nothing different at the moment, Libya is back down to 100/- odd b/d if that. Today Genel announce KRG payments and Savannah start gas sales to Axxela and Touchstone updates the market on COHO and Cascadura. Arrow have another success in Colombia and Eco Atlantic have raised money in Africa to top up their stake in 3/B and 4/B. Challenger note a scoop on Friday re Uruguay and results from Petro Matad show a positive situation after a terrible year or two.

Oil price, Savannah, DEC, UJO/Egdon, Rockhopper, Arrow, Echo, UOG. And finally…

With US markets closed due to Memorial Day today is pretty irrelevant, last week oil was pretty good as a supply shortage, particularly in products pushed oil up sharply. Today DEC announce a good piece of securitisation work giving scope for future deals, Egdon and Union Jack celebrate FDP approval at Wressle, Rockhopper results, Arrow bring on RCE-2, Echo update from Argentina and UOG may have a duster in Egypt, more testing needed. And Savannah announced late on Friday a renewable deal in Chad.

Oil price, Rockhopper, Empyrean, Trinity, UOG, Arrow. And finally…

After the substantial rise in the oil price last week and again yesterday oil is lower today. Rockhopper has announced that the Sea Lion farm-out has gone ahead and Empyrean has announced good interim results from its Jade well. Trinity has a Q1 update , UOG meet Q1 production guidance and Arrow look to have a successful well in Colombia.

Oil price, VOG, i3, Arrow, Empyrean. And finally…

Oil is unchanged today after a big fall last week, both sides are finely balanced at the moment. IOG still have teething troubles at Blythe, VOG has lost a big part of the arbitration, i3 have record production and better than expected reserves and Arrow have spudded in Columbia. Meanwhile 6 years on Empyrean is about to spud...

2022-04-04T12:58:04+01:004 April 2022|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, Zephyr, Longboat, President/Atome, Lamprell, Arrow, Zenith. And finally…

Oil motors into the news week with gains as I write of over a dollar. Today Zephyr are on target at the Paradox Basin and are expecting to test starting today, meantime Longboat have a 'material discovery' at Egyptian Vulture. President announce that subsidiary Atome with its hydrogen expertise is to be floated off to the potential benefit of President holders. Lamprell announce a medium sized contract and the Aim market welcomes Arrow Exploration which starts dealing in London today. Finally Zenith Energy announces a successful workover at ROB-1 onshore Tunisia.

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