Oil price, Kistos, PetroTal, Predator. And finally…

Oil crashed yesterday as world markets headed south on worries about Covid stats and economic growth and some thought that Opec+ would collapse after increasing baseline numbers. Kistos are on the way with their exciting drilling programme and hope to convert 2C into 2P. PetroTal have announced a very good operating update and looks better going forward and Predator had a raise yesterday to build on the recent successful well in Morocco.

2021-07-20T13:55:48+01:0020 July 2021|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, Kistos, Serica, Zephyr, President, Block, SDX. And finally…

Oil is staying put with Brent at $75+ and WTI at $74+ with the agencies all scheduled to report and likely to firm up demand numbers I suspect. Kistos has started its life very strongly and updates today and ever solid Serica shows good results from its Columbus development well. Zephyr has got under way with the State 16-2-LN-CC well and also some non-dilutive funding for additional data acquisition. President has an operational update as does Block and SDX announced a successful well in Egypt.

Oil price, DEC, Challenger, Kistos. And finally…

It will have been a bad week for oil as India and Asia remain hit hard by Covid, also words from Russia and Iran itself suggest the USA are about to end sanctions. A fund raise to follow the acquisition from DEC has been a success and Challenger Energy has also raised money ahead of the Saffron spud. And Kistos close their Tulip deal and also release a positive trading update today.

Oil price, Kistos, Far, President. nd fnlly…

Oil is up again after the Opec+ meeting closed reaffirming existing production levels. The API stats showed a 4.32m build ahead of today's EIA numbers. Kistos announced the Tulip bond and a presentation to investors on Friday, in addition I interview Chairman Andrew Austin. And President further operational news and Chairman Peter Levine remains full of beans.

2021-04-28T16:35:26+01:0028 April 2021|Categories: Daily Blog|Tags: , , |2 Comments

Oil price, Wentworth, Kistos, President, Hunting. And finally…

Oil has weakened a bit as India in particular is reporting much worse virus numbers on a daily basis. Wentworth has reported excellent finals and a 27% hike in the divvi. Kistos was priced at 155p but that looks way too cheap to me as a few blue chip instos climbed aboard in the raise. President have more good news on the operational front and Hunting remains best in class as proven in the year since negative WTI prices.

2021-04-21T17:35:41+01:0021 April 2021|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Genel, Kistos, Far, Sound Energy, UOG. And finally…

Oil is up again today, the Opec report pushed back the demand rises but they are still overall positive for H2. The API stats showed a decent draw in crude but mixed in products. Genel has announced a useful bunch of payments from the KRG and Kistos has launched a PrimaryBid offer along with a placing and subscription. Far has received news that Remus Horizons has returned for a potential bid, the day before the deadline. Sound has done a crucial bondholders deal very important for operational development going forward. And UOG has announced 'material' upgrade to its Abu Sennan field reserves in Egypt.

2021-04-15T09:11:56+01:0014 April 2021|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, Chariot, Angus, President, Echo. And finally…

After all the Hullabaloo oil was even last week, today however it has tipped upwards again. I look at Chariot who have signed a collaboration Agreement with Subsea Integration Alliance for Anchois. Angus Energy are positive after news that their loan has seen substantial subscription. President update on 2020 and give guidance for 2021 whilst Echo publish their bond restructuring details.

The Bucket List 2021

The 2021 Bucket List.

Oil price, Genel, Zephyr, Kistos, Echo, UOG. And finally…

Oil remains quiet ahead of tomorrow's Opec+ meeting but good news on the virus vaccine is announced as the UK approve the Pfizer product. Genel announce that first liftings from the Sarta field have been made and Zephyr have received final approvals for the 16-2 well. I interviews Andrew Austin, Chairman of Kistos yesterday, the link is here and at Echo they have news of VAT in Argentina. Finally UOG announce a programme in Egypt.

2020-12-02T10:48:38+00:002 December 2020|Categories: Daily Blog|Tags: , , , , |5 Comments
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