Oil price, Hurricane, Petrofac, Hunting – And finally…

Oil boiled over on Friday as trade tariffs started to be put on although ending just in positive territory for the week. Today Hurricane give an update on the Lancaster EPS which is producing above guidance and where the Lincoln Crestal well is at TD preparing to do DSTs. From last week i look at results and meetings from Petrofac and Hunting both of which are performing well in challenging markets.

2019-09-02T12:53:04+01:002 September 2019|Categories: Daily Blog|Tags: , , |1 Comment

Oil price, President, IGas/Egdon, Premier, Serica, Hunting, Wentworth And finally…

Oil surged on strong inventory data and short closing by money managers. Stock wise, President have a very positive AGM statement, IGas have a very psoitive find at Springs Road, Premier up their numbers at Zama, Serica are positive in their AGM statement, Hunting's update is pretty good and Wentworth cut guidance which disappoints.

Hurricane, Trinity, Hunting, Serica, Enteq

Hurricane has spudded the first of three wells in the Greater Warwick area, carried by Spirit. Trinity has an update which follows fast on the results statement but draws attention to the potential of the HAW rollout. Hunting are very much in line, still all guns blazing (!) in the onshore US but still slow offshore. Finally diehard followers of Enteq get a bit of good news, trading is buoyant.

Oil price, Pantheon, Petrofac, Hunting, Genel And finally…

Oil may not end the week up, it's a close call this week but as we see the end of the month February was up 6-8.5% for WTI and Brent and they are both up over 26% so far on the quarter and ytd. Pantheon and partners may not have had success at Winx-1 but for them the Alkaid well test which is next is crucial... From yesterday when both Petrofac and Hunting provided excellent figures and also good news from Genel who got KRG approval for the Chevron deal.

2019-03-01T12:53:19+00:001 March 2019|Categories: Daily Blog|Tags: , , , |4 Comments