Flash blog:DEC, Touchstone, San Leon, Angus, Scirocco, Hunting. RIP John Coulson.

DEC completes on Tanos, Touchstone well looks cautiously optimistic, San Leon creating more value through Decklar, Angus well ready to test and management changes with funding and Scirocco pick up on Aminex delays plus Hunting.

Oil price, PetroTal, IOG, Zephyr, Angus, Hunting, Eco. And finally…

Oil rose yesterday ahead of today's Fed symposium at Jackson Hole Wyoming, tomorrow we will hear the rate decision. The EIA inventory stats showed a big crude draw of 3.3m with a fairly quiet product market. Today PetroTal have another excellent report, IOG update after a small reduction in guidance and Zephyr have wrapped up a small parcel of acreage at the Paradox Basin. IOG deliver the first revenue and net profit and Angus are nearly over the line at Saltfleetby whilst Hunting are mega bullish about the sector, me too. Finally, under the cover of 1Q numbers Eco manage to advertise wells coming up in South Africa and Namibia....

2022-08-25T17:22:57+01:0025 August 2022|Categories: Daily Blog|Tags: , , , , , |0 Comments

Oil price, Challenger, Hunting, Hurricane, President. And finally…

A sharp fall for oil yesterday as the IMF brought down its growth forecasts and increased its inflation numbers, the only good thing is that, like the IEA they are always wrong. Challenger continues its restructuring with decent gains in production while Hunting is unsurprisingly busy on all fronts. At Hurricane the monthly operating stats remain positive and President has a lengthy update with good realisations and closer to a big exploration well.

2022-04-20T10:32:56+01:0020 April 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Eco Atlantic, Hunting, UOG.

Brent is up another 3 bucks to $116 this morning after continued bombing in the Ukraine and limited signs of supply. Worth noting that UKNG is 465p this morning, good news for gas producers and why we should be encouraging more of. Eco Atlantic has hired a rig for Gazania-1 in South Africa, Hunting is loking very solid and UOG have a mixed bag of M&A news.

2022-03-03T14:51:31+00:003 March 2022|Categories: Daily Blog|Tags: , , |2 Comments

Oil price, Savannah, IOG, Advance, Hunting. And finally…

Oil is very quiet at the moment and Brent expiry is putting a dampener on things. Plenty from Savannah who have completed the raise and have published its Admission Document following the Exxon Mobil and Petronas deals. IOG has spudded the Southwark well, Hunting has tidied up its North Sea stuff and Advance updates from the Buffalo project.

2021-12-31T15:47:57+00:0031 December 2021|Categories: Daily Blog|Tags: , , , |2 Comments
Go to Top