Figures from Zephyr accentuate the quality of the business, a surprise departure from Getech and Prospex from yesterday...!
Oil lost its gains on US data and inventory gains. IOG is planning changes at Southwark to isolate three of the zones and Gulfsands has opened its new Hub in Abu Dhabi. Predator has run into technicals in Morocco but it's not all over yet. Capricorn, you couldn't make it up could you? Getech has produced a good set of numbers and a good order book in its new areas and Serica gets a renewal from the US. Angus has a 14 day delay at Saltfleetby which shouldn't worry folk and COPL has production at Cole Creek. And Kosmos say the FPSO for Tortue has sailed away to Tortue.
Baby it's cold outside and the oil price is up nearly 8 dollars from last week as products tighten. PetroTal announce that river access is back again and Kistos have paved the way for distributions. Finally Hunting has shown a brilliant set of figures and I check out Getech from yesterday.
Oil rallied as Hurricane Ian headed towards the Gulf of Mexico, it's now veered towards Florida. Today i look at DEC with a deal completion and yesterdays buy-back news and Reabold have madea small acquisition. Getech have results and now need to deliver, and i3 add to yesterday's announcement to say that Graham Heath is leaving. Yesterday was a nightmare with so many results and calls/meetings that they are in today's blog.
Oil is sticking at around $90 for Brent, the Fed upped by 75bp and inventory stats were mixed. Jersey Oil & Gas looks in a very strong position with suitors for GBA of a high quality and quantity. Longboat are preparing for Velocette and Getech have upped the ante at Shoreham.
Oil bounced after signs that the Iran deal isnt iminent and Europa borrowed £1m from UJO, Coro have good news from Duyung and I take a fresh look at Sound Energy after yesterday's numbers. Both IGas and Reabold laud the Government's moves on fraccing etc and Getech make a big hire.
Oil fell sharply after Opec added only 100/- b/d which is totally meaningless. Petrofac announce a decent contract, UOG report oil in Egypt and Getech have a very good contract.
The oil price fell after recessionary worries hit, Serica has replied to the Kistos bid and Sound lose this round of the tax dispute in Morocco. Wentworth put this RNS out when I was at the cricket but the ARA pre-emption may be overtaken by TPDC and I wold be surprised if this was over yet. Finally Getech has another piece of good news for the market.
Oil was sharply down on recessionary fears amongst other problems. Touchstone has said that regulatory requirements are being addressed and Angus are still on target at Saltfleetby. Getech continues to impress with contracts and UOG have a duster in Egypt.
Oil rose as production in Libya and Ecuador fell for civil rights reasons. Still no data from the EIA and Macron thinks he has a scoop from Opec. Savannah bring more gas onstream and Petrofac have decent figures looking better in 2H 22. President results good and value still way too low and Getech sign a big contract. Finally Coro have had a good year