Oil price, PetroTal, Tower, Coro, Echo, Capricorn,NewMed. And finally…

Last week oil was up strongly after China's news about Covid started to wane. Today PetroTal released its 2023 budget and Tower is to raise up to $6m. Coro gave a production and corporate update and I catch up with Echo from Friday. Finally there is more interest in the Capricorn/NewMed and Pallister situation, involving Legal & General IM.

Oil price, Southern, Kistos, Coro, Petrofac. And finally…

Oil is under pressure as China battles with Covid, so far losing the battle despite the 'magic weapon' of zero tolerance. Southern Energy has reported a good set of figures with much excitement to come. Kistos is pursuing a scheme of arrangement in order to restructure and be able to pay out to shareholders. A new CEO on the way at Petrofac and a positive update from Coro in Italy.

2022-11-22T17:50:22+00:0022 November 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Ithaca, Coro, Empyrean. And finally…

Oil fell on further Chinese Covid worries which persist, when over the true demand numbers will out. Today sees the re-debut of Ithaca in London and the shares have fallen 7% so far, probably plenty more to go. Coro have brought more Italian assets back on which with winter gas prices should deliver significant revenue. Yesterday both they and Empyrean announced progress from Duyung which still has a way to go yet.

2022-11-09T12:45:38+00:009 November 2022|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, UJO/Europa, IGas/Reabold, Sound, Coro, Getech. And finally…

Oil bounced after signs that the Iran deal isnt iminent and Europa borrowed £1m from UJO, Coro have good news from Duyung and I take a fresh look at Sound Energy after yesterday's numbers. Both IGas and Reabold laud the Government's moves on fraccing etc and Getech make a big hire.

Oil price, Union Jack, Angus, Scirocco, Coro, Echo. And finally…

Oil fell as bad economic news and no cessation of output from Iraq worried markets. Union Jack have paved the way for a payout, Scirocco are almost home and dry as are Angus. Coro move one step forwards in Vietnam and Echo get breathing space for putting results out.

2022-08-31T17:24:37+01:0031 August 2022|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, Rockhopper, Arrow, Coro, Deltic.

Oil had a big day on the back of the KSA interview about Opec, elsewhere Arrow has had a very good few months in London and Coro try again to sell the Italian assets, now worth much more than when they fell through before. But most of all interest is that Rockhopper has won its arbitration case with the Republic of italy and been awarded €190m plus interest...

2022-08-24T13:18:24+01:0024 August 2022|Categories: Daily Blog|Tags: , , |0 Comments
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