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Oil price, Genel, Touchstone, Reabold, Jadestone, UOG, Echo.

Oil is up about a dollar on the Opec report. Today Genel announce 3Q and 9 month update with the hope that the Iraqi-Turkish pipeline will re-open imminently. Touchstone also report for the period and with Cascadura flowing the numbers are starting to look exciting.Reabold have had an invalid requisition presented but will reply when a valid one returns. Jadestone have increased their stake in CWLH which looks like a pretty good deal to me. And UOG are losing their CFO and Echo have appointed Stephen Birrell as their new CEO.

2023-11-14T16:40:10+00:0014 November 2023|Categories: Daily Blog|Tags: , , , , , |0 Comments
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Oil price, Sound, Chariot, Genel, Hunting, Challenger, Recon Africa. And finally…

Oil has rallied sharply today after a couple of down days this week. I report back from the Morocco Oil & Gas Summit in Marrakesh where a number of UK companies were represented. These include Chariot, Sound and Genel and there were many other companies in attendance, I took the opportunity to meet with ReconAfrica for the first time. Today I also look at announcements from Hunting and Challenger Energy Group.

2023-10-27T11:24:31+01:0027 October 2023|Categories: Daily Blog|Tags: , , , , , |4 Comments
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Oil price, San Leon, Genel, Europa, Scirocco. And finally…

Oil has rallied as we go into the final quarter with Opec this week and the Iraq-Turkey pipeline about to re-open. Today San Leon extend longstop dates in the long running deal, Genel are buying back some bonds, Europa update on 4/19 and Scirocco are one stage closer to Ruvuma closing.

2023-10-02T12:02:05+01:002 October 2023|Categories: Daily Blog|Tags: , , , |0 Comments
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Oil price, Genel/GKP, Touchstone, Predator. And finally…

Oil is not short of influences from the short term reopening of the Turkey pipeline to the longer term over demand in the market. This brings Genel and GKP back into play. Touchstone has Q1 results but that's not the story for this year and Predator have raised a little for Morocco activities.

2023-05-12T16:28:58+01:0012 May 2023|Categories: Daily Blog|Tags: , , , |1 Comment
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Disclaimer: Malcy’s Blog is provided for general information about the international oil and gas industry and the companies that operate within it. It does not constitute investment advice and Malcy does not buy or sell shares, warrants or bonds in any company written about within the blog. Information is taken from publicly available sources and any comment is that of the author who does not take any third party comment in the publication.