Oil price, Jadestone, Coro, Afentra. And finally…

Oil rallied yesterday, partly due to reasons expressed here but also due to an unexpected outage in Libya. Jadestone has interims today and whilst have had some operational and political problems I'm confident that they will deliver the goods. Coro is under new management with deals changing its nature. Afentra's future is in front of it as they say but I'm confident Paul McDade is in a strong position.

2021-09-09T09:21:21+01:009 September 2021|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, San Leon, Predator, Coro, Helium One, SDZ. And finally…

After all the price moves last week oil ended only 60 odd cents down at the end, given what happened after the Opec+ meeting had broken up that wasnt a bad result. San Leon continue their consolidation in Nigeria and Predator has appointed a leading Moroccan expert as COO. Coro have started a move into solar in Vietnam which has potential to grow swiftly and Helium One has seen gas bubble but have to side-track the well. SDX also has a trading update.

Oil price, Petro Matad, Coro, Hurricane, Block/Scirocco, Getech. And finally…

Oil is already making back the losses when yesterday people wrote off Opec, something to do very carefully and not by me, at the moment anyway. Petro Matad has received its exploitation licence in Block XX and Coro seems to have done a very smart deal with ion. Hurricane has completed the Lincoln obligation well and Getech is looking at Hydrogen. Finally it seems that some Block shareholders are not looking at their own board but others, not a wise move if you ask me.

Oil price, Hurricane, Coro, Echo, Trinity, Advance Energy. And finally…

Oil is unchanged today after a big week last week when the vaccine trade advanced although even though the economic data is good in the US and China the rest of the world is still in a bad way. Hurricane issue a Lancaster production update, Echo also updates on operations and commercial matters whilst there are finals from Coro and an update from Trinity. Finally it's first day of dealing in 'New Advance Energy' today.

JOG, Coro.

Oil is still in the doldrums, trading in a narrow range whilst the vaccine rolls out but Covid is still rampant in some areas of the world. JOG has made an inspired call in their new NED, Les Thomas former CEO of Ithaca Energy with his detailed knowledge of the North Sea. And Coro have given an updated operational update following the recent acquisition of the Global Energy Partnership.

2021-04-13T09:34:09+01:0013 April 2021|Categories: Flash Blog|Tags: , |0 Comments

Oil price, Coro, i3. And finally…

After a quiet week oil is off to the races again, a combination of good virus and vaccine news from the US and continued loss of production and refining from Texas will hinder US supply for the tie being. Coro Energy has made an acquisition in SE Asia which brings with it a new CEO and the company is raising some £5m. i3 Energy has announced a good update with potential for more.

2021-02-23T11:29:50+00:0023 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, Scirocco, Coro, Lamprell, Cycles Analysis. And finally…

After a bad week oil has turned slightly but is still jittery with so many COVID cases hitting economic demand numbers. I look at Scirocco with a name change and a identification of strategy in Tanzania and beyond. Coro is moving into clean energy development and Lamprell has won a 'medium size' contract from partner IMI. Finally I provide, thanks to Andy Pancholi of Cycles Analysis who has given us some guidance to trading around the US election tomorrow.

2020-11-02T15:48:58+00:002 November 2020|Categories: Daily Blog|Tags: , , , |2 Comments

Oil price, IGas, President, Coro, Longboat, Africa Energy, Falcon. And finally…

Oil has rallied today after a bad day yesterday when virus worries hit markets very hard. Today there is some modest relief but don't hold your breath. IGas interims show that good management counts, President continue to succeed in workovers and the drilling programme is underway. Coro figures are irrelevant but the increase in resources at Mako is substantial whilst Longboat are patiently stalking their targets. Africa Energy raise more than expected for drilling with Total in South Africa and Falcon update the market from the Beetaloo.

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