Oil price, Genel, Union Jack, Egdon, UOG.

Oil was shut yesterday but has rallied today as the movers and shakers head for the Alps. Genel gave a solid and in line trading update and Union Jack and Egdon have updated Wressle. With UOG resurrecting the Quattro deal but at a higher price they can reward patient shareholders with a modest buy back.

2023-01-17T17:00:17+00:0017 January 2023|Categories: Daily Blog|Tags: , , , |0 Comments

The 2023 Bucket List

The 2023 Bucket List is published today, five companies are leaving one way or another and three are joining the group. The Oil and Gas prices both showed consistency in being virtually unchanged on the year although the prices changed at different times during it, see the charts. The blog also announces how the 2022 list fared.

Oil price, Genel, PetroTal, Longboat, Harbour, Sound. And finally…

Another good day for oil, a weak dollar initially helped but after the Fed's comments about the economy it firmed a bit. Also Opec+ are still producing some 1.3m less than quotas which won't get easier. An update from Genel shows an acquisition fund of $500m+ by the year end and PetroTal announce that the 13H well is producing at around 8,000 b/d. Longboat announced that Oswig disappointed but did find a condensate discovery to analyse more of later. Harbour made its guidance and is bringing debt down and Sound cant get the Moroccan Tax Authorities persistence.

2022-11-03T13:57:29+00:003 November 2022|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, Ithaca, Genel, GKP, Trinity, Southern. And finally…

Oil was very quiet yesterday unchanged on the day. Ithaca is returning to the London market and Genel and GKP announce KRG payments whilst Trinity complete the buy-back programme. Finally I get to meet with the management of Southern Energy Corp and have issued an initiation Target Price of 150p.

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