Flash blog:DEC, UOG, ECO, Longboat.

DEC report another excellent set of numbers and yielding 15% I expect good income and capital growth from here. United Oil & Gas is bringing onstream the better than expected ASH-8 and Eco Atlantic is starting to go forward in the Orange Basin. Longboat have results and Beacon Energy are appearing with a raise and acquisition.

Flash blog:DEC, Touchstone, San Leon, Angus, Scirocco, Hunting. RIP John Coulson.

DEC completes on Tanos, Touchstone well looks cautiously optimistic, San Leon creating more value through Decklar, Angus well ready to test and management changes with funding and Scirocco pick up on Aminex delays plus Hunting.

The 2023 Bucket List

The 2023 Bucket List is published today, five companies are leaving one way or another and three are joining the group. The Oil and Gas prices both showed consistency in being virtually unchanged on the year although the prices changed at different times during it, see the charts. The blog also announces how the 2022 list fared.

Oil price, Diversified Energy, Touchstone, Serica. And finally…

Oil fell last week but is rallying hard today after China opens up. I am looking at the Bucket List at the moment and today assess the big chances at DEC given current natural gas prices and at Touchstone who have a portfolio swap today. I spoke to Serica CEO Mitch Flegg and now the circular is out we can see more data behind the early announcements.

2023-01-09T15:12:34+00:009 January 2023|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, DEC, Union Jack, SDX. And finally…

Oil rallied at the end of the week but not enough to be up on the week, the US inflation figures rallied most markets except the dollar. Today another excellent trading and dividend update came from Diversified Energy and Union Jack announced more revenue from Wressle. SDX announced two minor well results but its the new management that will count here.

2022-11-14T14:39:18+00:0014 November 2022|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, DEC, Sound, Rockhopper, SDX. And finally…

Oil was up last week but interest week ahead so cautious on the last day of the month today. DEC have done another ABS refinancing and is aligned with ESG asset backed securitisation. Sound Energy are also continuing the financing and the farm-out continues. Rockhopper have heard that the Italian Govt are trying to have the arbitration annulled. And Jay Bhattacherjee comes in at the Chairman role at SDX.

Oil price, Savannah, San Leon, DEC, Scirocco, Angus, IOG. And finally…

Oil is quiet ahead of the month and quarter end and ahead of the Opec+ meeting next week. Many results today including Savannah which were good IOG updated on production and Angus are moving ahead fast. Scirocco also have predictable figures as do San Leon.

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