Oil price, Sound, Cairn, Far, Gran Tierra, Bruce Dingwall. And finally…

Oil is closing the week on a more positive tack, during the week the Covid Delta deviant concerned traders but the market is better again today. Sound has received a 'deal' from the Moroccan tax authorities which looks eminently turn downable. I may look more at Gran Tierra, I'm getting Colombia withdrawal. Far are looking for permission to return money to shareholders and Cairn announced earlier in the week a find offshore Mexico.

Oil price, Eco, Predator, Hurricane, IGas, Far, Zephyr. And finally…

Oil is quiet, yesterday it was good inventory stats offset by more worries on inflation. Predator announce that the rig is on its way to Guercif, Eco has been further delayed to the Tullow problems, Hurricane have 3 announcements but shareholders should vote to save their equity. I interviewed Steve Bowler CEO og IGas where he talked me through geothermal and hydrogen. Zephyr are also on the move with more wells on stream and earning money.

Oil price, Zephyr, Far, Trinity, SDX, Helium One. And finally…

Oil continues to rise, up over a dollar and change this morning. US and Chinese economic data is trumping virus worries now and the US is opening up. Today Zephyr have a very positive statement out with revenue already coming through, Far has announced a new CFO in July and Helium One completes 2D seismic. Trinity have made an onshore acquisition and SDX kick off the Moroccan drilling campaign.

Oil price, Kistos, Far, President. nd fnlly…

Oil is up again after the Opec+ meeting closed reaffirming existing production levels. The API stats showed a 4.32m build ahead of today's EIA numbers. Kistos announced the Tulip bond and a presentation to investors on Friday, in addition I interview Chairman Andrew Austin. And President further operational news and Chairman Peter Levine remains full of beans.

2021-04-28T16:35:26+01:0028 April 2021|Categories: Daily Blog|Tags: , , |2 Comments

Oil price, PetroTal, Jadestone, Providence, Getech, Far, Remus, Empyrean. And finally…

Oil fell yesterday virus numbers were up again in India and now Japan has sounded the warning as well. Inventory stocks were mixed neither helping or hindering. Today its results from PetroTal who to be honest would prefer we looked at this year not last and so would Jadestone who pushed back capex which should repay this year. Its ben a mare for Providence Resources where yet again Barryroe has hit the buffers, another spell in A&E for them. Getech update positively and Empyrean get a tax rebate from the US. I also have another look at Far/Remus carried over from yesterday which has been a real FARce as Remus appears to be a man of straw.

Oil price, Genel, Kistos, Far, Sound Energy, UOG. And finally…

Oil is up again today, the Opec report pushed back the demand rises but they are still overall positive for H2. The API stats showed a decent draw in crude but mixed in products. Genel has announced a useful bunch of payments from the KRG and Kistos has launched a PrimaryBid offer along with a placing and subscription. Far has received news that Remus Horizons has returned for a potential bid, the day before the deadline. Sound has done a crucial bondholders deal very important for operational development going forward. And UOG has announced 'material' upgrade to its Abu Sennan field reserves in Egypt.

2021-04-15T09:11:56+01:0014 April 2021|Categories: Daily Blog|Tags: , , , , |0 Comments
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