Oil price, Union Jack/Reabold, Pharos, Falcon. And finally…

Oil is drifting this morning after further virus fears re-emerged in China. HitecVision is to bid for Exxon's Central and northern North Sea interests and Union Jack and Reabold update positively on West Newton. Pharos has raised $11.7m to get going on drilling operations in Egypt and Falcon has continued success at Kyalla.

2021-01-22T13:56:33+00:0022 January 2021|Categories: Daily Blog|Tags: , , , |2 Comments

Oil price, Genel, PetroTal, Zephyr, Falcon, Kosmos, Remus. And finally…

Oil is already rallying and its a busy blog with Genel updating the market, and PetroTal completing an agreement with Petroperu as well as Kosmos making a discovery in the GoM. Also Remus comment on their current targets whilst Falcon have confirmed a discovery in Australia. Finally I interviewed Colin Harrington of Zephyr, surely a ten bagger in a short time...?

2021-01-19T14:19:41+00:0019 January 2021|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, Kistos, Falcon, Pantheon. And finally…

Oil continues to rise Brent is only $1.30 away from the magic $50 level. Kistos arrives on the Aim market today, former RockRose founder Andrew Austin returns with his new vehicle which looks most exciting. Falcon have announced a technical difficulty with its Kyalla well but tell me that it shouldnt be a reason to panic just yet. Finally Pantheon have hired a rig to drill the billion barrel Talitha prospect, ooh err...

2020-11-25T11:07:55+00:0025 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.

Oil price, RockRose, iog, Block, Falcon

Oil staged a modest rally, given back this morning, as the US Senate passes the Stimulus Bill whilst Secretary Pompeo talks to MbS about global energy security. I look at RockRose who have not put results out but instead a bullish operations update, also iog who have actually announced results today. Block look like they have done a cracking deal in Georgia with the fleeing Schlumberger. Finally Falcon succumb to COVID-19 as drilling stops at Kyalla.

2020-03-26T12:34:42+00:0026 March 2020|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Sound, PetroTal, Falcon – and finally…

Oil drifted in the end last week, Iran shooting down a civil airline flight somewhat dented the passion against the Great Satan's. Sound Energy has continued to work though the EIA and sundry diligence for its work in Morocco and PetroTal Corp has yet again over-delivered against market expectations. Finally, Falcon Oil & Gas has had a minor operational delay which will be sorted by Origin sidetracking the well.

2020-01-13T12:36:48+00:0013 January 2020|Categories: Daily Blog|Tags: , , |4 Comments

Oil price, Eco, DGO, Falcon, GKP, Reabold Resources – And finally…

Oil remains quiet after the Opec meeting probably for a little while or until trade talks falter... Eco Atlantic and JV partners are submitting the next exploration phase to the Government of Guyana but is overshadowed by Tullow's second profit warning yesterday. Ironically their acreage in Guyana is now probably the best in the portfolio and the company is bereft of CEO, Exploration director and of course dividends. DGO has announced a 3.5 cent dividend for the 3rd Q and Falcon are progressing well in the Beetaloo. Gulf Keystone has announced production numbers and the 55/- b/d has been slightly postponed but apart from that the outlook is good. Finally Reabold has commenced drilling at West Brentwood in California.

Oil price, Eco, Falcon, IGas – And finally ‘special’

Oil prices fell back a little but are up again this morning, pre-Opec meeting positioning is starting a full fortnight before the meeting starts. Eco Atlantic have results which are by the by, they are cashed up for exploration and appraisal next year and there is a growing industry feeling that Guyana is looking good despite slightly heavy oil. Falco has posted the first of what will be a series of results from the Beetaloo, early signs are positive. And IGas has resceduled its debt, saving $1m pa and has given upbeat fcf and production guidance.

2019-11-20T11:45:51+00:0020 November 2019|Categories: Daily Blog|Tags: , , |2 Comments

Oil price, Rose, IGas, Falcon – And finally…

Oil finished the week up but eased again today. I look at the beginnings of changes at Rose Petroleum under new CEO Colin Harrington and see how IGas are adding solid incremental value. Also a few words on Falcon after i caught up with CEO Philip O'Quigley. Finally there is a link to a long Podcast I recently did with Doc Holiday of Total Market Solutions covering a plethora of stocks.

2019-10-14T16:25:43+01:0014 October 2019|Categories: Daily Blog|Tags: , , |2 Comments
Go to Top