Oil price, Jadestone, Hurricane, Capricorn, Echo. And finally…

Oil fell sharply yesterday after poor inventory stats. Jadestone has updated the market saying it was a game of two halves, well lets hope from now on its like the first half all the way...Hurricane has won in the High Court with regard to the reduction of capital and can now give the company away to the shareholders, if it were that simples...Capricorn has done what it was told to and changed the Board but is it for the better? And are Echo turning the corner?

2023-02-02T16:03:58+00:002 February 2023|Categories: Daily Blog|Tags: , , , |0 Comments

The 2023 Bucket List

The 2023 Bucket List is published today, five companies are leaving one way or another and three are joining the group. The Oil and Gas prices both showed consistency in being virtually unchanged on the year although the prices changed at different times during it, see the charts. The blog also announces how the 2022 list fared.

Oil price, Jadestone, Deltic, Europa, Prospex. And finally…

Oil is falling as traders level off their books ahead of the long Thanksgiving Holiday. Jadestone sign off the remaining 10% interest in the Lemang production sharing contract onshore Indonesia and Deltic spud Pensacola. Europa have released themselves from offshore Morocco having found no partners and Prospex are going great guns in Italy.

2022-11-23T11:47:09+00:0023 November 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Flash blog, PetroTal, Jadestone.

A 9 month update from PetroTal this morning and although it had some transportational issues due to levels of water in the Amazon that is now passing and substantial recovery is already underway. Conference call at 3pm. Jadestone also updated, mainly on Montara which is still out and likely to be until next year but elsewhere numbers are good and I'm looking for the company to grow by both organic and inorganic growth next year.

2022-11-17T09:11:26+00:0017 November 2022|Categories: Flash Blog|Tags: , |0 Comments

Oil price, San Leon, Challenger, Arrow, Jadestone, COPL. And finally…

Oil drifted on the last day of what has been a very good month and traders locked in profits. An update from Arrow was excellent and in line with guidance and San Leon have slightly extended the backstop date for the OML18 financing and Challenger update the market on a wet quarter. Finally Jadestone complete the acquisition from BP and COPL also update the market..

Oil price, Kistos, Touchstone, Scirocco, Jadestone. And finally..

Oil fell yesterday and again today as China data and Covid data disappoint. Today Kistos are in court hoping it will approve the capital reduction leading to potential dividend payments. A red letter day for TXP who achieve first gas at Coho, with much to come and Scirocco are repaying the Prolific facility. Finally Jadestone has agreed an insurance claim following a well workover.

2022-10-11T13:08:54+01:0011 October 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, San Leon, Jadestone, Predator, Trinity. And finally…

Oil rose a touch on Friday but was still down on the week, the Fed meeting that starts today will increase rates but by how much? Today San Leon indicate more production from Decklar and Jadestone have Interims but until Montara is back the jury will be out. Predator say how well Mag Mell is being received and also have a detailed interim statement. Trinity production fell in H1 but with more drilling 2H should be better and Providence Resources are to become Barryroe Offshore Energy, well I never.

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