Oil price, DEC, UJO, Angus, Ithaca, i3. And finally…

Oil is unchanged today as most Fed board members are speaking. DEC announce their sustainability report which is very good indeed, UJO are going to trade on the OTCQB Venture Market in the USA and will commence trading at market open today under the ticker UJOGF. Angus has reported good 1Q sales and revenues should follow and i3 and Ithaca have declared very good dividends.

Oil price, DEC, JOG/Serica, i3. Molecular Energies. And finally…

Oil fell last week with interest rate worries leading the charge. Today DEC announces the circular for the tender offer to the shareholders for dividend options. Also JOG and Serica announce the completion of the farm-in by SQZ into the GBA. Finally i3 update the market with production in line with guidance.

2024-02-28T10:46:50+00:0026 February 2024|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, BP, Arrow, i3, Trinity, Deltic. And finally…

Oil is unchanged today after yesterdays rise on supply problems. Today Arrow issued a bullish operational update involving a multi well fully funded drilling programme. i3 Energy issued an RESG report and Trinity announced tax changes in Trinidad. And yesterday Deltic announced that they had chosen to offset all emissions through Carbon Neutral Britain's Climate Fund.

Oil price, Europa/i3, UOG, Star. And finally…

Oil has eased even after the Saudis started the Opec JMMC by saying that their voluntary 1m production cut would continue until the end of the year. Today i3 and Europa announce that they are now in talks with the NSTA hoping that they can resolve the Serenity problem and UOG have extended the Quattro date. Finally Star has moved into geothermal energy in Croatia.

2023-10-04T13:35:19+01:004 October 2023|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, UJO/EOG, GKP, Coro, i3. And finally…

Oil is better again today after further assessment of the inventory stats which showed a big draw in crude. Today Wressle is being installed with a jet pump for increased production for Union Jack and Europa. GKP had nothing much to say about the pipeline but are selling a decent amount of crude at the factory gate. i3 had a bad beginning to the half but is looking better lately. And Coro is trading around the Philippines from Ion to Oslob.

Oil price, Touchstone, Sound, Serica, i3, Jadestone. And finally…

Oil is solid after the EIA stats which showed a draw of nearly 10m barrels. Today I look at Touchstone where Cascadura is nearly ready for first gas. Also Serica has a confident AGM statement, i3 have a disappointing update with reduced guidance and lower dividends. A quick look at JSE who failed in the Open Offer and there is more on Sound after yesterday's RNS.

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, UOG, Gran Tierra, Trinity, CEG/Predator, i3. And finally…

Oil fell again yesterday but there are still many forces at work, right now its a strong greenback. Today I look at UOG, back winning at Abu Sennan and Gran Tierra whom I saw recently. Challenger and Predator get a delay and Trinity are still becalmed production wise anyway.