Oil price, Savannah, Advance, GKP, SDX, Lamprell, Chariot. And finally…

Oil stayed high last week but markets are panicking about recession ahead of the Fed meeting on Wednesday. A positive update from Savannah Energy and Advance say how disappointing Buffalo-10 was. Gulf Keystone have an operations update which is like the curates egg. SDX have spudded the second well at Meseda and Lamprell have a potentially large wind client.

2022 Bucket List

2022 Bucket List.

IG Outlook 2022: UK small cap oil

The prospects remain healthy for oil stocks going into 2022. Malcy looks back and discusses the prospects for the year.

Oil price, Predator, Chariot. And finally…

Oil has started to wilt in the face of Omnicron as the IEA forecast a sloppy 1Q 2022 for demand. Whilst this is fair it may be that Opec+ still have the ammunition to fight that if necessary, after all it wouldnt be the first time that the IEA get things wrong...Today sees a detailed statement from Predator where Morocco is exciting and Ireland is reappearing as a market as expected by the patient management. Chariot have got underway also in Morocco with the drilling programme at Anchois which looks very exciting.

2021-12-15T10:26:08+00:0015 December 2021|Categories: Daily Blog|Tags: , |0 Comments

Oil price, Chariot, Zenith. And finally…

The Saudis pulled the wool over the eyes of The White House and oil is up 2 1/2 bucks today after the Opec+ meeting didn't finish. Chariot has raised $9.5m plus what's in the Open Offer and it was oversubscribed with new, existing and management all in. Shell make a tactical exit from Cambo and I interview Andrea Cattaneo CEO of Zenith Energy

2021-12-03T14:57:59+00:003 December 2021|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, Sound, Chariot, San Leon, Angus, Orcadian, Prospex. And finally…

In this roller coaster ride oil is up nearly 3 bucks ahead of the Opec+ meeting tomorrow. I look at Sound that continues to make good progress, and exciting times for Chariot as the rig for Anchois is mobilised. San Leon announces further delays and Angus updates with good news across the board. Finally Orcadian gets the OK from the OGA for the Pilot field and Prospex get under way finally in Spain.

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