Oil price, Arrow, Jadestone, Beacon, SDX, i3, Petrofac. And finally…

Oil is quiet, Brent outperformed last week but the June contract expires tomorrow. Today Arrow has results as does i3, historic indeed but both have exciting futures. Beacon's rig is on the way and should spud next week. SDX win the award for shortest RNS and things look on the precipice at Petrofac.

Oil price, Chariot, Touchstone, Jadestone. And finally…

Brent at $90 seems to be about right, today in the US inflation is the problem. Today Chariot has completed the Energean farm-in of the Anchois development as well as contracting a rig for a well and an option for another. Whilst Touchstone has got on with drilling development wells at Cascadura and looks very good indeed.

2024-04-10T15:56:47+01:0010 April 2024|Categories: Daily Blog|Tags: , , |10 Comments

Oil price, Zephyr, PetroTal, Europa, Deltic, Jadestone. And finally…

A third up day after an up week but the market is actually very quiet, API stats mixed ahead of the EIA numbers today. Zephyr are on the move at the Paradox after final permitting and PetroTal announces its dividend. Europa get an extension at Cloughton and Jadestone complete on CWLH whilst I update on Deltic after talking to CEO Graham Swindells.

2024-02-14T17:28:17+00:0014 February 2024|Categories: Daily Blog|Tags: , , , |2 Comments

Oil price, Kistos, Union Jack, Jadestone. And finally…

The awful US inflation numbers today have sabotaged markets expecting somewhat more benign price increases. Oil is up slightly as I write. Kistos have updated on the Balder field which looks promising on all fronts and Union Jack are moving swiftly in the USA. And Jadestone are looking at some prime parts of Woodside...

2024-02-13T16:54:45+00:0013 February 2024|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, Chariot, Jadestone, GKP.

Oil is easier today after poor Chinese data and worries about the text from the Fed. Chariot have reported that Etana, the electricity trading platform in which Chariot owns a 49% interest, has signed a milestone Power Purchase Agreement  with Growthpoint Properties  to supply them with 195GWh of renewable energy a year. Jadestone update but it's all as before with virtually nothing new as is the situation at Gulf Keystone.

2024-01-31T14:18:58+00:0031 January 2024|Categories: Daily Blog|Tags: , , |0 Comments