Oil is down by nearly 7 bucks today keeping up the roller coaster ride of recent days. IOG has announced first gas from Phase 1 and Eco Atlantic have done another exciting deal and could be the 'go-to' oil exploration company.
Brent is up another 3 bucks to $116 this morning after continued bombing in the Ukraine and limited signs of supply. Worth noting that UKNG is 465p this morning, good news for gas producers and why we should be encouraging more of. Eco Atlantic has hired a rig for Gazania-1 in South Africa, Hunting is loking very solid and UOG have a mixed bag of M&A news.
DEC has closed another abs and is now set for further growth, rule nothing out. Eco has announced a gain from an investment sale but shareholders will be more excited by exploration especially after Total's recent big discovery in the Orange Basin. i3 Energy and Block both update the market.
Oil is down around a dollar today as rumours of an agreement at the US/Iran talks are buzzing around. Also Eco ATlantic is becoming a very exciting stock and not to be missed at these prices.
Oil stays obediently at $90 as the Opec+ meeting convenes. Scirocco has the put and the call with Tanzania situation improving and the EAG side also looking good, both could be the future. VOG is really beginning to do well with plenty of upside. Longboat has announced that the Ginny and Hermine prospects where dry and the battle for Far seems to have settled at about A60c. Finally good news vicariously for Eco Atlantic as CGX find oil in Guyana.
Oil is in reasonable nick staying around $80. Chariot has made a significant gas discovery at Anchois and Eco Atlantic has acquired Azinam, with stock. IOG have had a small set back in Southwark and IGas have appointed a new NED to take over as Chairman from Cuth McDowall.
2022 Bucket List.
The 2021 Bucket List results.
Oil is up over $3 this morning as Opec+ meet later in the week to decide whether to cut back their monthly 400/- b/d increase. The discovery of the Omicron Covid variant has worried markets and may dent demand somewhat but Thanksgiving certainly showed plenty of excess. Today I mention an earthquake in Peru which has not affected PetroTal and another delay for the San Leon paperwork. Eco Atlantic report of a share purchase by CEO Gil Holzman and Zenith are continuing with activities in Africa.
Oil crashes on new Covid variant concern, Gran Tierra sells its remaining stake in PetroTal, UJO and RBD give locals guidance on West Newton plans and Eco (Atlantic) has Interims.