Oil price, Gulfsands, Longboat, Orcadian, Hurricane, Deltic, Europa. And finally…

A small rally and no real change after the EIA report or the API stats. Gulfsands remind us about Syria, Longboat has received some awards, and Orcadia has disposed of Crinan and Dandy after a good resources report at Pilot. Hurricane update, Deltic say Shell are testing at Pensacola and EOG have an update.

Oil price, Jadestone, Deltic, Europa, Prospex. And finally…

Oil is falling as traders level off their books ahead of the long Thanksgiving Holiday. Jadestone sign off the remaining 10% interest in the Lemang production sharing contract onshore Indonesia and Deltic spud Pensacola. Europa have released themselves from offshore Morocco having found no partners and Prospex are going great guns in Italy.

2022-11-23T11:47:09+00:0023 November 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Zephyr, i3/Europa, Cornerstone. And finally…

A big rise last week, mainly on Opec+ calls and other supply worries. Today Zephyr complete the deal in Utah which looks a very smart one indeed and i3 and Europa have a duster at the Serenity well. Finally Cornerstone has farmed-out Abbey and got a carry for that and an exploration well at at Baker.

2022-10-10T13:46:47+01:0010 October 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, Advance, Union Jack/Egdon/Europa, Longboat. And finally…

Oil continues to rise and is heading to $90, looks good to me. Egdon as operator and Union Jack and Europa have had a great valuation for Wressle which more than franks the share prices. Longboat have been awarded a licence under the Norwegian APA licensing round. Finally Advance have announced that the Buffalo-10 well looks disappointing, they are still on site but the market doesn't like it...

Oil price, Union Jack, Egdon, EOG, UOG, Longboat.

Oil has rallied by around a dollar this morning after the markets felt that the Evergrande problem had been overdone. Today the FOMC policy meets for 2 days and the gas market continues to rocket. A really upbeat statement from Wressle today is good news for UJO, ERD and EOG some who add more to the statement. UOG updates on the ASX-1X well which has encountered 10m of pay, finally Longboat has spudded the Egyptian Vulture well.

2021-09-21T11:50:09+01:0021 September 2021|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, UJO/Egdon/Europa, Hunting, President, Prospex. And finally…

Oil rallies over 8% in the last two days, always likely as it was oversold after the recent fall. Excellent news today for the Wressle partners, Egdon, Union Jack and Europa as they release test data that shows flow of 500+ b/d. An interesting strategic investment by Hunting today and President releases results from last year. Finally, Prospex have received a valid call for a GM to remove the board.

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