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.

Oil price, Jadestone, Eco, President, Hurricane, Prospex. And finally….

Oil will likely be up on the week as the agencies report differing views, not often that the IEA are more positive than Opec but they are restating their numbers. I look at Jadestone who have decided to stop production at Montara while they fix it and Eco Atlantic are on the move with the rig mobilised for Gazania-1. Also I look at President with Argentinian numbers, and catch up with Hurricane and Prospex from yesterday.

Oil price, Diversified, Jadestone, President. And finally…

A good rally for the oil price as the dollar weakened after the Fed added just the bp's but the EIA stats were very positive. DEC have another acquisition in the Central Region which looks exciting and accretive. Jadestone too have an interesting deal with plenty of upside. And President update on operations and corporate matters.

2022-07-28T15:20:36+01:0028 July 2022|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, UJO, Chariot, IOG, Rockhopper, Jadestone, Cornerstone. And finally…

After oil took a caning last week on Fed and sundry lousy interest rate news it is important to notice that Opec+ is still missing by a distance its own quotas. The price fell sharply on Friday as the Fed said that it would be 'more aggressive' in getting inflation back to 2%. Union Jack has more good news from Wressle, Chariot has announced the Anchois FEED contract and IOG have a lengthy update on its portfolio. Rockhopper have given details of their Open Offer, Jadestone have suffered an unfortunate oil leak and Cornerstone Resources update.

Oil price, Genel, Savannah, Longboat, Jadestone, Serica, Prospex. And finally…

Oil was up on the week for all the reasons we pointed to, even Opec+ saying the would produce more didn't slow it down. Today we have payments for Genel, Savannah has signed a GSA with TransAfam Power with Accugas and Longboat have a duster at Cambozola. Jadestone just put out 2021 results and Serica have an upbeat operational update while Prospex move on in Italy.

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