Oil price, Genel, Challenger, Falcon, UOG, Advance, Serica.

Oil remains flat as one might expect on Labor Day, traditionally the end of the summer driving season. I look at Genel with its latest payments from the KRG as well as newly licensed Challenger. Years of patient waiting for Falcon in Australia appears to have brought success at Beetaloo and a guidance warning from UOG as they find too much water at ASH. Finally Advance are nearly ready for Buffalo-10 and Serica are making out like bandits as the Rhum well comes in very well indeed.

Oil price, Genel, IOG, San Leon, Lamprell, Trinity. And finally…

Oil had a Monday fall after concerns from China and a surge in Covid cases hits the US, albeit as in Britain there are many fewer hospitalisations. Good results from Genel and a confidence boosting increase in the divvi helped and IOG have spudded the Blythe development well. Lisa Mitchell is moving on from San Leon as CFO but staying to ensure current deals progress. Europa have started the farm-out process in Morocco and Lamprell were slightly disappointing. Finally i was saddened to hear from Trinity that Bruce Dingwall is seriously ill.

Oil price, Zephyr, Challenger, Predator, Genel, UOG, Hurricane. And finally…

Oil remains strong after a good set of API stats, today will show whether last week's EIA numbers were abnormal. More news from Zephyr and Challenger update. Predator update across the board and have a board change while UOG are selling out of the UK North Sea. Finally Hurricane update on the Aoka Mizu, meanwhile gossips are talking about another corporate raider for the Godalming based explorer.

Oil price, Challenger, Genel, San Leon, Hunting, Lamprell, GKP, SDX. And finally…

Oil is quiet ahead of the period end, Opec+ and Independence Day. Challenger update on trading and corporate while Genel announce receipts from KRI oil sales. San Leon cover everything in their finals and Hunting update on trading. Lamprell seem ok then announce they are short of dosh while SDX cover Morocco and Egypt. GKP also announce KRG payments.

Oil price, Genel, Challenger, UJO/Egdon/Europa, President, Helium One. And finally…

Oil is better again today after OK API stats after the close and a rally at the death last night. Genel announces KRG payments, Challenger spud at Saffron-2, UJO/Egdon and Europa have permitting at Wressle. President update from Argentina and Paraguay and I interview David Minchin, CEO of Helium One Global.

Oil price, Genel, BPC, Angus, GKP, IGas, Touchstone, Helium One. And finally…

After the inflation worries on the street the dollar rose and oil has dipped today after another rise yesterday. The KRG has tinkered with the payment schedule, Genel remain very robust and of course the payment has only been deferred. GKP were also affected but have little to grumble about after declaring another $25m of divvi just today. Angus have finalised their Saltfleetby finance and Helium One have their EIA. A solid statement from IGas with geothermal back in the frame and Touchstone have Q1 results.

Oil price, JOG, Genel, Predator, BPC, Echo. And finally…

Oil remains in reasonably good nick with the inventory stats showing a decent enough draw this week. Results from JOG are in line ahead of the real excitement expected from the GBA, the big prize for Jersey going forward whilst Genel remain full of confidence in its financial strength. Predator has announced that drilling in Morocco is imminent and BPC have also got their wells in Trinidad starting soon. Also results from Echo Energy.

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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