Oil price, Jadestone, Hurricane, Capricorn, Echo. And finally…

Oil fell sharply yesterday after poor inventory stats. Jadestone has updated the market saying it was a game of two halves, well lets hope from now on its like the first half all the way...Hurricane has won in the High Court with regard to the reduction of capital and can now give the company away to the shareholders, if it were that simples...Capricorn has done what it was told to and changed the Board but is it for the better? And are Echo turning the corner?

2023-02-02T16:03:58+00:002 February 2023|Categories: Daily Blog|Tags: , , , |4 Comments

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, Touchstone, Scirocco, Echo, UOG. And finally…

Oil fell yesterday, as the market got panicked about the Fed raising rates again. Touchstone has raised money in England and Canada ahead of the run-in to Cascadura and Royston. Scirocco chat about life after Ruvuma ahead of Capital Markets day tomorrow whilst Echo keep us hanging on and UOG spud the ASW-1X exploration well.

2022-12-06T16:54:05+00:006 December 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, IOG, GKP, Prospex, Echo. And finally…

After a bad start to the week when China's Covid problems dominated the last two days have seen a fightback, partly due to reaction to the US inflation figures which took the steam out of the greenback. Today IOG update on the operational matters following recent unfortunate events and things are looking better, GKP update on money received and Prospex may have to buy a fair bit more and fund a well in Spain.

2022-11-11T13:03:04+00:0011 November 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Chariot, Echo, Capricorn. And finally…

With the US shut for Labor Day as expected markets were thin and oil rose, Opec+ didn't acknowledge that and are charting their own course. Chariot have done another JV with Total Eren, this time in Mauritius and Echo have results. Capricorn also have figures but whether the Tullow deal goes ahead is still somewhat up for debate.

2022-09-06T17:08:09+01:006 September 2022|Categories: Daily Blog|Tags: , , |0 Comments

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, Kistos, Serica, Union Jack, Hurricane, President, Echo. And finally…

Brent is opening up a gap over WTI slowing refining in the US after demand for gasoline has slowed. Kistos and Serica have carried on with their battle and Union Jack has yet more good news from Wressle. Hurricane has unsurprisingly paid off the debt and it's all change at President with the set up of Green House Capital starting with Lithium and Echo has updated the market.

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