Oil price, UJO, Chariot, IOG, Rockhopper, Jadestone, Cornerstone. And finally…

After oil took a caning last week on Fed and sundry lousy interest rate news it is important to notice that Opec+ is still missing by a distance its own quotas. The price fell sharply on Friday as the Fed said that it would be 'more aggressive' in getting inflation back to 2%. Union Jack has more good news from Wressle, Chariot has announced the Anchois FEED contract and IOG have a lengthy update on its portfolio. Rockhopper have given details of their Open Offer, Jadestone have suffered an unfortunate oil leak and Cornerstone Resources update.

Oil price, Chariot, Pharos, Hurricane, Getech. And finally…

Oil is falling due to Chinese demand, Chariot has made a good raise to develop Anchois and push on with the power business. Pharos AGM statement was good and with Vietnam kicking in later this year should be good. Getech are solidly ahead, Hurricane looks cheap as chips and could and should be taken over from here, just imagine what a wealthy parent would do with it...?

2022-05-19T13:54:07+01:0019 May 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Diversified Energy, Chariot, Egdon, Union Jack. And finally…

Oil down, China crisis. An acquisition from DEC which looks like more of the same, ie very good. Chariot have appointed Societe Generale, London Branch  to the role of financial advisor to develop debt funding options for the Anchois gas development, this is smart and good news. Egdon results but Shell walk away from their partnership with the company and Union Jack add the the Wressle good news to the update on the rest of their portfolio.

2022-04-26T14:20:07+01:0026 April 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Chariot, Predator.

Oil is down around $6 this morning after it became clear that President Biden is about to announce a further, more substantial release of stocks from the US SPR. Chariot has announced that the latest Anchois well is bigger and better than expected and will be developed more quickly than previous expectations. Upside is huge, a multiple of the current share price. Predator has confirmed that it has raised £1.035m.

2022-03-31T14:50:29+01:0031 March 2022|Categories: Daily Blog|Tags: , |0 Comments
Go to Top