Oil price, Chariot, Deltic, Union Jack.

Oil rallied hard as punters worked out that Opec+ knew what they were doing regarding quotas. Chariot has produced FY figures in line with expectations and Deltic has had to walk away from Pensacola after political concerns dried up the market. And Union Jack has added to its recent investments with Reach in the USA, today in Oklahoma.

2024-06-11T14:44:46+01:0011 June 2024|Categories: Daily Blog|Tags: , , |2 Comments

Oil price, Chariot, Deltic, Union Jack.

Oil rallied hard as punters realised they had mis-heard Opec+ comments about quotas...And today Chariot have FY figs as expected and Deltic have had to walk away from Pensacola due to the current political situation stirring up the waters in the North Sea. And Union Jack are investing more with Reach in the Rogers project in Oklahoma.

2024-06-11T14:37:51+01:0011 June 2024|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, Chariot, CEG, Southern, Ithaca. And finally…

Oil fell last week but has rallied today ahead of the Opec meeting which is now on Sunday. Chariot has had a great find at Loukos with a gas discovery on time and under budget. Southern Energy had a mixed 1st quarter but things are looking up as gas prices recover sharply. And Ithaca has a deal with Eni and a complete change of management.

Oil price, Chariot, Touchstone, Jadestone. And finally…

Brent at $90 seems to be about right, today in the US inflation is the problem. Today Chariot has completed the Energean farm-in of the Anchois development as well as contracting a rig for a well and an option for another. Whilst Touchstone has got on with drilling development wells at Cascadura and looks very good indeed.

2024-04-10T15:56:47+01:0010 April 2024|Categories: Daily Blog|Tags: , , |10 Comments

Oil price, Chariot, SLE, Zephyr, UJO, CEG, Coro. And finally…

Oil fell last week but remains tight, today I look at Chariot in Hydrogen in Mauritania and at San Leon with regard to the funding process. Zephyr are close to spudding in the Paradox whilst UJO have spudded in the US. CEG are on course in Uruguay and Coro move ahead in the Philippines.

2024-03-11T17:50:42+00:0011 March 2024|Categories: Daily Blog|Tags: , , , , |0 Comments