Bucket list 6 month update.

Today is the interim Bucket List with a look at performance since February, the good the bad and the ugly and with two stocks dropping out to be replaced in the list.

Oil price, Rockhopper, IOG, EOG, Reabold, Far, President, Cairn, Jadestone – And finally…

Oil drifts further despite more stock draws, the EIA will be important later. Today I comment on Rockhopper who have a well result for United and IOG who have spudded Harvey at last. EOG have converted LO 16/20 into FEL 4/19 but still have no farm-out. Reabold have spudded in Romania and I catch up from yesterday with Far Limited where CNOOC has acquired 55.5% of Svenska's interest in Guinea-Bissau. Also from yesterday another upbeat statement from President, Cairn sells half of its stake in Nova and Jadestone get the final all clear for Montara.

Oil price, Far, Genel, IGas, Reabold, SOCO – And finally…

Oil rallied yesterday on the thoughts of a Fed rate cute and further production cuts from Libya. After the close the better than expected API stats gave a further boost to oil prices and Brent is over $65 this morning. Plenty of company updates but all going well at Far in West Africa with Senegal leading the way, Genel have updated on Tawke where all is good at there and of course Peshkabir. IGas have also updated and is going well, the Bowland shale is very much the pin-up boy. Reabold has topped up in the Corallian raise, we knew it would but the discount helped a great deal. Finally Soco are also updating today and all appears well in Vietnam and Egypt is now underway.

2019-07-31T12:11:13+01:0031 July 2019|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Amerisur, Far Limited, Infrastrata And finally…

Oil had a down day but is firmly up as I write, trade wars with China was the reason yesterday but fundamentals remain strong. An update from Amerisur is very positive again with approval of the Oxy deal which will push forward drilling on key blocks in the portfolio. Production is good and CPO-5 remains on target. I talk to Far Limited which is in an exciting place with activity in Senegal upcoming and has a busy few months ahead, elsewhere Infrastrata has announced Vitol as its trading partner.

2019-06-11T09:55:11+01:0011 June 2019|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, Petrofac, Far, Touchstone, And finally…

The oil price is steady with positive fundamentals helping out and the chartists like the look of it too if it consolidates above these levels. Petrofac announced a big contract in Algeria yesterday which makes them even more undervalued whilst Far's annual report is full of goodies. Finally Touchstone has an operational update with good production numbers and preparing to drill at Ortoire.

2019-03-14T10:44:12+00:0014 March 2019|Categories: Daily Blog|Tags: , , |2 Comments