Oil price, Zephyr, i3/Europa, Cornerstone. And finally…

A big rise last week, mainly on Opec+ calls and other supply worries. Today Zephyr complete the deal in Utah which looks a very smart one indeed and i3 and Europa have a duster at the Serenity well. Finally Cornerstone has farmed-out Abbey and got a carry for that and an exploration well at at Baker.

2022-10-10T13:46:47+01:0010 October 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, DEC, Reabold, Getech, Afentra, Serica, President, UOG, i3. And finally…

Oil rallied as Hurricane Ian headed towards the Gulf of Mexico, it's now veered towards Florida. Today i look at DEC with a deal completion and yesterdays buy-back news and Reabold have madea small acquisition. Getech have results and now need to deliver, and i3 add to yesterday's announcement to say that Graham Heath is leaving. Yesterday was a nightmare with so many results and calls/meetings that they are in today's blog.

Oil price, VOG, i3, Arrow, Empyrean. And finally…

Oil is unchanged today after a big fall last week, both sides are finely balanced at the moment. IOG still have teething troubles at Blythe, VOG has lost a big part of the arbitration, i3 have record production and better than expected reserves and Arrow have spudded in Columbia. Meanwhile 6 years on Empyrean is about to spud...

2022-04-04T12:58:04+01:004 April 2022|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, DEC, Eco (Atlantic), i3, Block. And finally…

DEC has closed another abs and is now set for further growth, rule nothing out. Eco has announced a gain from an investment sale but shareholders will be more excited by exploration especially after Total's recent big discovery in the Orange Basin. i3 Energy and Block both update the market.

Oil price, Coro, i3. And finally…

After a quiet week oil is off to the races again, a combination of good virus and vaccine news from the US and continued loss of production and refining from Texas will hinder US supply for the tie being. Coro Energy has made an acquisition in SE Asia which brings with it a new CEO and the company is raising some £5m. i3 Energy has announced a good update with potential for more.

2021-02-23T11:29:50+00:0023 February 2021|Categories: Daily Blog|Tags: , |0 Comments

Oil price, Chariot, Jadestone, i3, Pantheon, Deltic. And finally…

Oil fell at the end of last week as Aramco started to cut prices to its Asian customers as demand falters in the region. It's Labor Day today so the US is on holiday but elsewhere oil had dropped around 70 cents. Chariot has announced yet another significant upgrade at Anchois on the Lixus licence in Morocco, it gets better and better. Jadestone has rearranged its offtake agreement saving c.20% in the process and i3 has completed the Gain deal which looks pretty interesting. Pantheon are now double handed with applications in for both Alkaid and Talitha in Alaska and I speak with Deltic looking at their 32nd round awards.

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