Tag: Getech

Oil price, JOG, Premier, SDX, Getech, Falcon – And finally…

Oil is quiet ahead of the statement from Jackson Hole where Fed Chair Jerome Powell speaks later. Jersey Oil & Gas has announced another licence award with the gain of 21/2a containing the Glenn oil discovery in the Greater Buchan Area. Yesterday Premier announced results proving consistent operational success, specifically from Catcher, selling Zama and expecting Tolmount to deliver next. After that Sea Lion is the biggest growth area and elsewhere in the portfolio things are good. SDX in line with expectations, Getech continue to restructure and Falcon get the all clear to drill in the Beetaloo.

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Oil price, Sound Energy, Getech And finally…

Oil is muddled, GDP numbers are being trimmed and the API showed another stock build but political tensions are still high. Sound Energy have announced a strategic upgrade in which they acknowledge the disappointment of the TE-10 well not flowing commercial gas but starting the process of monetisation options. And Getech has announced that it is playing a big part in the Sierra Leone licencing round.

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Oil price, Sound, Genel, Tower, Amerisur, Getech And finally…

Oil prices fell again after the markets went into risk-off mode worrying about the US/Sino trade talks collapsing. A mixed bag for inventories showed crude building and gasoline drawing, again.
Today Sound have good news from Tendrara as gas flows to the surface without stimulation or artificial lift, next is the rest of the TAGI formation. Genel has a Tawke update with good news from DNO in terms of production and a long drilling campaign. Tower has pushed back the Thali well in Cameroon until July after receiving updated data but that’s not a problem. Finally yesterday saw Amerisur announce approvals for 3rd party transportation through their OBA pipeline which should boost production by 2/- b/d and also results from Getech which show the restructuring going well.

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Oil price, Echo Energy, Touchstone Exploration, Getech And finally…

Oil is rallying again, mainly due to Venezuela being totally shut in due to power blackouts and with the API, despite reporting a build in crude oil showed further draws in products. An operating update from Echo is quite muted, the big stuff from Tapi Aike will come later in the year and Touchstone produce decent results with good netbacks. Finally Getech are handling tough industry conditions very well and report very creditable numbers in their pre-close update today.

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Oil price, Rockhopper, Reabold, Getech, Faroe And finally…

Oil finished up but having been up $3 the end was a disappointment. Rockhopper has a good update this morning and Reabold have had another discovery in the USA. Getech have beaten off the difficult conditions to land a monster order to a leading oil and gas company, well done to them.

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Oil price, Savannah Petroleum, Chariot, Getech And finally…

With the month and the quarter ending at the weekend window dressing is the order of the day and there is no news so volumes will be low. Lot’s of news from Savannah where they are updating on the Niger EPS with news about first oil 1Q 2019 and ramping up through the year. Chariot are about to spud prospect S and the oil world watches. Interims from Getech show that management action is working.

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Oil price, Savannah, Columbus, Empyrean, Getech And finally…

Oil perks up after an indifferent week whilst Savannah announce the spud of their 5th well in Niger. Columbus receive an extension for their Cory Moruga Block and Getech announce a delay in Sierra Leone. I talked to Tom Kelly and Gas Bisht of Empyrean with excitement at fever pitch in China and much potential to come in Indonesia.

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Oil price, Sound, Amerisur, Echo, Eco (Atlantic), Getech, Link And finally…

I discuss an ‘up’ week for oil and likely more of the same. Sound Energy stamps its Morocco acreage, Amerisur spuds what might be a big well in the ‘N’ sands and Echo updates from Bolivia and production and revenue from Argentina. Eco (Atlantic) looks like it and Tullow have something big in Guyana after Exxon announces its 9th success next door and Getech pleases with its H1 update.

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Oil price, Kosmos Energy, Zenith Energy, Getech Group And finally…

WTI $71.28 -21c, Brent $78.51 -79c, Diff -$7.23 -58c, NG $2.85 -1c Oil price A quiet day on Friday, crude still ended up on the week, WTI by 58c and Brent by $1.39, this morning we are up by around

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Oil price, Range Resources, Cabot, GKP, Getech, And finally…

WTI $65.51 +$2.09, Brent $71.04 +$2.39, Diff -$5.53 +30c, NG $2.66 -4c Oil price Oil prices are up over 5% in the last two days for a number of differing reasons. As I noted yesterday there appears to be some

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