Oil price, Wentworth, Scirocco, DEC, Orcadian. And finally…

Oil was up on the week but faded late in the day after the US CPI came out which trashed markets but rallied the dollar ahead of the Fed meeting tomorrow. Wentworth has announced the proposed acquisition of 25% of Ruvuma from Scirocco both are covered here. DEC confirm that juicy dividend in pence today and Orcadian announce draft FDP and farm-out process for the Pilot development.

Oil price, Orcadian, Gulf Keystone, Coro. And finally…

Oil has bounced by just over two dollars this morning as peace talks seem unlikely to be working. Gulf Keystone has announced figures with a substantial dividend pay-out, Orcadian has announced an extension to Phase 'A' of Licence P2320 and a resource update and Coro has increased output in Italy.

2022-03-30T12:34:25+01:0030 March 2022|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, IOG, Serica, Predator, Orcadian, Harbour, SDX, Hurricane, Prospex, Zenith. And finally…

Oil started flat but has gained 5 bucks this morning so far. As we plough into results season where we learn almost nothing today sees announcements from IOG, Serica where production is back, Orcadian with debut numbers, Harbour also reporting SDX bringing on a well, Hurricane with its monthly report, Prospex upping power in Spain and Zenith raising money just about sums it up...

2022 Bucket List

2022 Bucket List.

Oil price, Wentworth, PetroTal, UJO/Egdon, Petrofac, Hunting, Jadestone, Orcadian. And finally…

Oil is Omicron trading, yesterday the Fed didnt change rates nor did the ECB today but the UK added a quarter of a point. A fabulous update from Wentworth with all parts buzzing, PetroTal also lit up the market with its 20/- b/d becoming reality and UJO gave an exciting review of Wressle. Petrofac and Hunting held up the star of the oilfield services sector with upbeat statements and Jadestone and Orcadian were as positive as usual.

Oil price, Sound, Chariot, San Leon, Angus, Orcadian, Prospex. And finally…

In this roller coaster ride oil is up nearly 3 bucks ahead of the Opec+ meeting tomorrow. I look at Sound that continues to make good progress, and exciting times for Chariot as the rig for Anchois is mobilised. San Leon announces further delays and Angus updates with good news across the board. Finally Orcadian gets the OK from the OGA for the Pilot field and Prospex get under way finally in Spain.

Oil price, Longboat, Serica, Orcadian, Lamprell, Chariot. And finally…

Oil is rallying a bit but will be down on the week, today Longboat say that they have a 'minor' discovery at Mugnetind but not stand alone commercial. Serica say that there is a small delay on Columbus oil as Shell are restricting capacity at Shearwater but it's a modest loss. Orcadian said yesterday that they have had three expressions of interest for the FPSO at Pilot which is highly encouraging and Lamprell confirm a raise of £21.9m at 32p. Finally a successful presentation last night by Chariot encourages value for the long term.

2021-10-29T15:25:04+01:0029 October 2021|Categories: Daily Blog|Tags: , , , , |0 Comments
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