Oil price, Zephyr, Hunting.

A small down day for oil as Beryl hits the Port of Houston shutting in a little upstream but more refining capacity. Today news from Zephyr that the testing at the Paradox Basin has started and will run for two weeks. Also a sparkling statement from Hunting where everything has come in better than expectations.

2024-07-09T12:08:01+01:009 July 2024|Categories: Daily Blog|Tags: , |0 Comments

Oil price, DEC, Zephyr, Deltic, Hunting, Beacon. And finally…

Oil has taken a bath today after the market didn't trust the Opec+ agreement. Today DEC have done a smart securitisation deal, Deltic has a delay at Pensacola and Zephyr are 10 feet away from the fracture from last time. Hunting has won another excellent contract with the KOC and Beacon are struggling with flow rates in Germany.

Oil price, DEC, CEG, Southern, Afentra, Hunting. And finally…

Oil has bounced today but is still in the recessionary doldrums. Today I look at DEC who have won a prestigious ESG award and Challenger who have repaid the bridge loan and are now debt free.Also I look at Southern Energy who have completed their recent raise and Afentra where NED Gavin Wilson has bought shares in the market. Finally I add an independent piece of research on Hunting.

Oil price, Sound, Chariot, Genel, Hunting, Challenger, Recon Africa. And finally…

Oil has rallied sharply today after a couple of down days this week. I report back from the Morocco Oil & Gas Summit in Marrakesh where a number of UK companies were represented. These include Chariot, Sound and Genel and there were many other companies in attendance, I took the opportunity to meet with ReconAfrica for the first time. Today I also look at announcements from Hunting and Challenger Energy Group.

Flash blog: Pharos, PetroTal, IOG, Longboat, SDX, Hunting, Star.

Good numbers from Pharos, PetroTal are in the dry season but guidance is unchanged, the yield is not it's 17$ plus 2 for the buy-back. IOG are working hard and in talks with bondholders and Longboat have added to the previous acquisition.SDX continue to impress with deals and Hunting were also very impressive at the Capital Markets Day. Star meantime are all-in on geothermal.

2023-09-13T18:34:06+01:0013 September 2023|Categories: Flash Blog|Tags: , , , , , , |2 Comments

Oil price, Touchstone, Hunting, Coro, Ithaca, Jadestone, Deltic, UOG.

Oil is drifting as economies from Europe to China remain sluggish. Today I look at Touchstone who are near to Cascadura and Hunting who are in very good nick indeed. Also Coro have done a smart corporate deal. From yesterday I relook at Ithaca which yields 22% and Jadestone who I think are out of the trees at Montara. Also I spoke to Deltic CEO Graham Swindells and his company is in a very strong position indeed. Finally Jonathan Leather is moving on from UOG.