The Bucket List 2021

The 2021 Bucket List.

Oil price, Touchstone, IOG. And finally…

Oil will probably be nicely up on the week despite the IEA comments which I commented on yesterday, they remain mega bearish and are yet to acknowledge either the Asian growth I mentioned yesterday or indeed the vaccine situation. The EIA inventory stats were mixed with a 4.3m build in crude stocks but products drew. Touchstone results are meaningless, its all about the drill bit at Ortoire and I wish Mark Hughes the very best in retirement.

2020-11-13T11:00:14+00:0013 November 2020|Categories: Daily Blog|Tags: , |6 Comments

Oil price, IOG, GMS, Trinity Exploration. And finally…

Oil is now drifting after a hitherto strong week. Virus numbers are continuing to rise which trumps the US election result. I have interviewed Andrew Hockey, CEO of IOG and give the link, also I look at Gulf Marine Services where trading remains strong but the menace of Seafox lives on.

2020-11-06T13:25:12+00:006 November 2020|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, IOG. And finally…

Oil has rallied for the last couple of days and is higher again today, this is down to attributed comments from the KSA and Russia that some further output cuts might be needed to tighten up the oil market. IOG has updated the market with a corporate and operational update which essentially gives investors more confidence that the Core Project is well on track.

2020-11-04T12:35:16+00:004 November 2020|Categories: Daily Blog|Tags: |0 Comments

Oil price, Genel, IOG, BPC, Touchstone. And finally…

Oil rallied with good economic data from China and the USA but COVID cases still rise and US elections create uncertainty. Genel update in a very positive manner across the board. IOG have awarded the rig contract for the Core Project to Noble and BPC update on Trinidad and Tobago and Suriname. Finally Touchstone easily raised its £23m yesterday at a modest discount to the price, onwards and upwards.

2020-11-03T15:59:52+00:003 November 2020|Categories: Daily Blog|Tags: , , , |4 Comments

Oil price, DGO, IOG, Chariot, UJO/RBD, Predator, Zephyr. And finally…

In a packed programme tonight...the oil price which ended last week on a downer is up nearly $2.50 as I write. DGO has signed up with Oaktree Capital Management in an interesting co-funding deal. IOG has walked away from a potential bid for Deltic, not the first to do so recently and Chariot seem to have found a top quality country manager for Morocco. Union Jack and Reabold have spudded at West Newton and Predator has updated on operations and added detail on Trinidad. Finally what might be the deal of the year, Zephyr has announced good news from the Paradox in Utah.

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