Bogota blog! Oil price, Diversified Energy, Gulfsands Petroleum.

I'm reporting from Bogota in Colombia this week were I am with Arrow Exploration and having four days of unrivalled exposure to this fantastic company. Oil is weakish today ahead of Opec and I look at DEC who have provided a very solid update. And I re-publish my piece on Gulfsands which was published yesterday by mistake and repeated later from an airport lounge...

2024-01-30T12:37:54+00:0030 January 2024|Categories: Daily Blog|Tags: , |0 Comments

Flash blog: Chariot, JOG, UJO, Europa, Gulfsands, Beacon.

Travelling today so short coverage of Chariot who are updating about imminent activity at Loukos, onshore Morocco. Also Union Jack who have made a big step into a JV in the USA and Europa who are delighted that the FEL 4/19 block has been extended, potentially huge for their Irish portfolio. I cover Gulfsands who again are publicising the position in Syria and and project Hope and Jersey Oil & Gas who are updating on what is a. very exciting time at the GBA. Finally Beacon where it is hard going in Germany.

Oil price, IOG, JOG, JSE, i3,Egdon/UJO, Gulfsands. And finally…

Oil has risen by another dollar today, despite poor Chinese economic data. IOG have had a slight problem at Blythe H2 but are hoping to sort out the problem. JOG have had approval for extending and farming out the licences at the GBA. Egdon and partners have run into a problematic Planning Inspector and Gulfsands have their annual report out. And Jadestone cap a bad year with a raise of equity and working cap and an Open Offer but it's turnaround time and elsewhere good finals from i3.

Oil price, IOG, Gulfsands, Predator, Angus, Capricorn, Getech, Serica, Kosmos, COPL. And finally…

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.

Oil price, Gulfsands, Longboat, Orcadian, Hurricane, Deltic, Europa. And finally…

A small rally and no real change after the EIA report or the API stats. Gulfsands remind us about Syria, Longboat has received some awards, and Orcadia has disposed of Crinan and Dandy after a good resources report at Pilot. Hurricane update, Deltic say Shell are testing at Pensacola and EOG have an update.

Oil price, Scirocco, Eco Atlantic, SDX, Longboat, Prospex, Gulfsands. And finally…

Oil rose last week but July was another down month, demand falling as the recession arrives is deemed responsible. Today Scirocco update on Tanzania, probably more interesting to Aminex and Wentworth...Eco Atlantic have a big update but its a very exciting outlook, whilst Longboat spud Oswig and Prospex update on El Romeral. Finally I had the opportunity to interview John Bell of Gulfsands last week and the detail is in the blog today.