Flash blog, Genel, Scirocco, Longboat.
Genel announce updated KRG payments and Scirocco have a quarterly update on EAG and Ruvuma. Longboat have added two exciting gas-weighted wells to their Norwegian portfolio.
Oil price, DEC, Genel, Angus, Longboat, Afentra, Coro, Lamprell, UOG. And finally…
Oil was down last week and is now off another 3 bucks today. Ineos boss Sir Jim Ratcliffe make a very good case for fraccing in the Sunday Telegraph. DEC have published their sustainability report and Genel detail KRG sales and payments. Angus have done a small raise today, wise given the bidding timetable has overrun a bit. Afentra updates on Sonangol and Coro has signed up on a new deal in Vietnam. Longboat have spudded Cambozola it's one of the biggest gas prospects around. Lamprell, I just don't know what is going on, it seems like good progress in wind but oil & gas going well is up for sale. UOG has confirmed its sale in Italy to Prospex and is now well financed but needs to spend the money.
Oil price, Longboat, Echo. And finally…
Oil continues the rally, up another dollar this morning. Longboat have made a 'significant discovery' at Kveikje which is in a great area near Equinor territory giving them scope for potential. Echo have updated on production.
Oil price, Diversified, Longboat, SDX.
Oil all over the place today, even more than usual. Results from DEC are excellent with much to look forward to, Longboat also have finals in their early stages while SDX has another good result but uncertainty about its owners...
Oil price, Sound Energy, Longboat. And finally…
Oil is up another $3 today pushing Brent over $130. Sound are keeping up the good work in Morocco and Longboat have spudded a top priority well.
Oil price, Exxon, Scirocco, VOG, Longboat, Far, Eco Atlantic.
Oil stays obediently at $90 as the Opec+ meeting convenes. Scirocco has the put and the call with Tanzania situation improving and the EAG side also looking good, both could be the future. VOG is really beginning to do well with plenty of upside. Longboat has announced that the Ginny and Hermine prospects where dry and the battle for Far seems to have settled at about A60c. Finally good news vicariously for Eco Atlantic as CGX find oil in Guyana.
Oil price, Advance, Union Jack/Egdon/Europa, Longboat. And finally…
Oil continues to rise and is heading to $90, looks good to me. Egdon as operator and Union Jack and Europa have had a great valuation for Wressle which more than franks the share prices. Longboat have been awarded a licence under the Norwegian APA licensing round. Finally Advance have announced that the Buffalo-10 well looks disappointing, they are still on site but the market doesn't like it...
2022 Bucket List
2022 Bucket List.
Oil price, Genel, Longboat, IGas, Gulf Keystone, IG interview. And finally…
Ahead of the Opec+ Ministerial Meeting this afternoon Brent is knocking on $80 as the 400/- b/d increase is likely to be rolled over. Genel have stopped drilling the Qara Dagh well with technical difficulties but hope to return whilst Longboat has spudded the Ginny and Hermine well. GKP has received Shaikan repayments from the KRG and the arrears are also down too and IGas have completed their RBL redetermination.
IG Outlook 2022: UK small cap oil
The prospects remain healthy for oil stocks going into 2022. Malcy looks back and discusses the prospects for the year.