Oil price, San Leon, CEG, UJO, Petro Matad, IGas.

Oil rallied yesterday ahead Fed day today, now known as a Hawkish pause...San Leon updated and will be suspended as they wait for the finance to be arranged in Nigeria. Challenger get the licence they wanted in the Trinidad Licence round and UJO have another milestone at Wressle. Petro Matad have spudded Velociraptor and IGas are switching slowly to geothermal.

Oil price, PetroTal, Kistos, Arrow, Southern, Hunting, Angus, Longboat, Empyrean, Prospex, Rockhopper, IGas, Reabold. And finally…

Oil fell today as uncertainty rips through Washington about the debt ceiling. Today excellent news from Arrow and Kistos with results and Southern had good quarterlies. Hunting made a really good contract and upped guidance and Angus goes from strength to strength at Saltfleetby. Longboat announce a rig fora. well in 3Q 2024...Empyrean raise and update, Prospex is delayed in Italy because of the bad weather. Reabold and RKH have figures and IGas are in for a hospital contract. PetroTal move towards its social contract.

Oil price, Union Jack, UOG, IGas, PetroTal. And finally…

Oil fell sharply after worries that despite opening up, China would not grow for a while... Union Jack have further revenue from Wressle and UOG has had a duster at ASW-1X. IGas has appointed a new independent NED but so far no CEO and PTAL remind us that their management will be in London on the 19th of January.

2023-01-04T14:51:27+00:004 January 2023|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Savannah, Afentra, IGas. And finally…

Oil rallies again ahead of the Fed rate decision and the dollar weakens. Today Savannah has said that its SPA with Petronas in Chad/Cameroon has hit the buffers and Afentra have a slight delay in Angola. Meanwhile IGas has had a bad time, the fraccing decision has cost it a deal and they are still allegedly looking for a new CEO, the shares are down 86% since the last one was dispensed with...

2022-12-14T13:48:41+00:0014 December 2022|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, UJO/Reabold, Rockhopper, Longboat, IGas, Egdon. And finally…

Oil gained but gave back most of the gains at the end of the day. Union Jack and Reabold both flag the West Newton CPR due next week and Rockhopper completes the Navitas farm-in. Longboat look like they might have a discovery at Oswig but need a side-track and DST to confirm preliminary numbers that are better than pre-drill estimates. Finally, IGas and Egdon have both written thank you letters to that nice Mr Rees-Mogg for his relaxation of shale regulations.