Oil price, Scirocco, Chariot, President, Block. And finally…

The Opec+ meeting is underway and with all in their favour the outlook is bound to be good one way or another. Scirocco are happy with the way things are looking in Tanzania and Chariot have appointed a new but well known to them drilling Manager. President has detailed the spin off of Atome and Block seem to be not worrying about a 44% vote against the Chairman at their AGM.

2021-07-01T13:35:56+01:001 July 2021|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Challenger, San Leon, Zephyr, Block, Hurricane. And finally…

Oil was a little better after a good set of EIA stats but has drifted a bit today. Zephyr are powering away at the 16-2LN-CC well with latest permissions, Challenger reports again from Saffron and San Leon ups the investment in OML 18 infrastructure. Block has spudded the WR-B1 well in Georgia and yesterday Hurricane said that the judgement has been reserved.

Oil price, Chariot, Angus, President, Echo. And finally…

After all the Hullabaloo oil was even last week, today however it has tipped upwards again. I look at Chariot who have signed a collaboration Agreement with Subsea Integration Alliance for Anchois. Angus Energy are positive after news that their loan has seen substantial subscription. President update on 2020 and give guidance for 2021 whilst Echo publish their bond restructuring details.

Oil price, Genel, BPC, Block, GKP. And finally…

Crude oil continues to rise with Texas freezing over and the market a shambles as companies buy power on the market. With vaccinations rising and Covid cases falling 'dramatically' the US is looking up. Genel update on reserves and resources and remain in a strong position, BPC meanwhile update on post P#1 news and plans for Trinidad, Suriname and Uruguay. Block are selling gas in Georgia at last and GKP also have a positive reserves report on Shaikan.

2021-02-16T14:50:04+00:0016 February 2021|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Bahamas Petroleum, Coro/Empyrean, Block. And finally…

After another very good week the good news of the $900bn US deal has been trumped by the news that there is a new Covid variant and markets and commodities are in free fall as I write. BPC has spudded the Perseverance#1 well, one of the biggest wildcat wells for some time and Coro and Empyrean are moving forwards with the Mako Gas Project. Finally Block Energy looks like it has made another smart NED appointment.

2020-12-21T12:12:19+00:0021 December 2020|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, GKP, Serica, San Leon, Block.

The oil market has taken the Opec and IEA reports pretty well and Brent is $50.52 as I write. GKP has positively updated the market and will be producing at the top of guidance and hopefully might cut a deal with the KRG next year. Serica's operational update was also top notch, with 80% gas prices are high and production strong with upside in due course from 32nd Round licenses. San Leon announce that with regards to the Oza field in Nigeria there is a Covid-19 delay so completion is delayed until 'early in the new year'. Finally Block has hired what seems like a very smart NED...

2020-12-15T12:38:53+00:0015 December 2020|Categories: Daily Blog|Tags: , , , |2 Comments
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