Oil price, Ascent Resources, Gulfsands Petroleum

Oil rallies and Brent is nearly $40 and nearly in backwardation, the Opec+ meeting on Thursday might make or break that...Today I look at Ascent Resources where the new team are really getting to grips with things and also Gulfsands Petroleum where further cost cutting continues but still looks very exciting for those with a long perspective.

2020-06-02T12:57:15+01:002 June 2020|Categories: Daily Blog|Tags: , |4 Comments

Oil price, Columbus, AAOG, Infrastrata, Gulfsands – And finally

After the Lord Mayors show, with the Opec+ finally announcing the continuation of production cuts the market has moved on and now worries more about falling growth in manufacturing around the world. I write up Columbus Energy after a new presentation by CEO Leo Koot at last weeks AGM and the autumn looks highly promising. AAOG has raised money again with a few bells and whistles but if it goes ok they will have £8.25m to spend on recovering oil from the Djeno. Finally Infrastrata announce that they still in equity and debt discussions for funding and today is the last day of the auction for Gulfsands shares for another quarter.

Oil price, Savannah, IGas, Rose, Union Jack, Gulfsands, SDX, President And finally…

Oil prices are quiet ahead of G20 and the ensuing Opec+ meeting. I talk about Savannah Petroleum this morning as the completion of the Seven Energy deal nears, I also discuss IGas and their appeal being called in, Rose with a strengthening of management and Union Jack on the raise. I talk about the SDX well in Egypt and give links to an interview with Peter Levine and my Podcast with Doc Holliday of TMS.

Oil price, Gulfsands Petroleum

Crude has rallied again this morning after further skirmishes in the Gulf which are unlikely to end any time soon. Today I take a look at Gulfsands Petroleum who have published report and accounts and whilst not listed right now can be traded and may well be worth a ‘turn of the head’.

2019-05-21T12:31:31+01:0021 May 2019|Categories: Daily Blog|Tags: |0 Comments