Oil is down a bit today as Trump says that he won't attack Iran before the mid-terms. Genel get further good news from Capricorn and I note that Prospex has interests as KeyFacts Energy do a great piece on Poland.
Oil is down today as diesel stocks are potentially being released from Europe. Eco Atlantic have received Ministerial regulatory approval for their farm-out to BP in Namibia. And Genel's bid for Capricorn appears to be looking like going ahead.
Oil is up today but off earlier highs after President trump rejected the Iranian offer of talks. The differential widens again though and is now -$12.51. Genel announced on Friday that it completed the tap issue for $65m and today DNO walked away from Capricorn Energy. Serica confirm that it is planning a main market listing and a career in the FTSE 250 come December. Zephyr's figures are good with plenty of good news to come and Prospex issues a half year report full of exciting news. Tower update with a detailed report from Chairman Asher and UOG also update.
Oil has drifted this morning as further talks about the Strait of Hormuz are mooted. Genel announce a higher, agreed bid for Capricorn.
Oil is off very slightly today but will be well up on a week in which military activity resumed. Arrow report on excellent current production and Genel comment on the DNO walk. And Rockhopper note the situation in the Falklands and the staement from Navitas.
Oil is up sharply today as military action from both the US and Iran breaks out again in the Gulf. Chariot has done another great deal in Angola and Europa push the longstop date back again for the farm-out in Equatorial Guinea. And there is yet another bid for Capricorn...
Oil has risen again this morning as the Strait remains mainly shut and the US are about to ramp up economic 'warfare' against Iran with the help of other Gulf allies. Genel are moving its share categorisation in the official list, something I am told is purely technical.
Oil is up a dollar as tensions remain high in the Middle East. Capricorn announced yesterday that the meetings approved the agreed cash bid by Genel and also yesterday Equinor has bought into PEL 90 offshore Namibia.
Oil is down just under $1 today as the US moved back from military action towards an 'economic squeeze on Iran'. Genel has a brief update and Petro Matad also updates whilst Serica formally terminate the Pharos bid.
Oil is up a little today having been all over the place on conflicting messages in the Gulf. Arrow has announced three well results, good production and a solid cash position with no debt. Ratio returns for Pharos and DNO comes in for Genel. Finally Sintana had an Investor presentation yesterday, I update here.