Oil price, Zephyr, Reabold, Sound, Petrofac,

Opec weekend with everything to play for, today Zephyr update on Williston production and Reabold produce results.Petrofac is on a knife edge, a big order but financially struggling whilst Sound are preparing well in Morocco. Finally Prospex are telling us that things are looking up regulation wise in Italy, good for them and others at long last.

Oil price, Arrow, Jadestone, Beacon, SDX, i3, Petrofac. And finally…

Oil is quiet, Brent outperformed last week but the June contract expires tomorrow. Today Arrow has results as does i3, historic indeed but both have exciting futures. Beacon's rig is on the way and should spud next week. SDX win the award for shortest RNS and things look on the precipice at Petrofac.

Oil price, Reabold, Angus, Rockhopper, Petrofac. And finally…

Oil is better today after a good day yesterday when Brent rose by over a dollar and the February WTI contract arrived in line. Today Rockhopper announce a monetisation of the OM award, Reabold update on Colle Santo and Angus restructure their debt. And Petrofac have a trading update and a good order book.

2023-12-20T15:56:41+00:0020 December 2023|Categories: Daily Blog|Tags: , , , |3 Comments

Oil/Gas price, Eco (Atlantic), Petrofac, Coro, Longboat. And finally…

Oil continues to rise, right now due to a mixed inventory report which accentuated the low level of products in the system. This time gas joined the party as Aussie gas workers voted to strike. Today Eco Atlantic put Tullow out of their misery and buy up their stake in the Orinduik block in Guyana whilst Petrofac report a big backlog and bigger pipeline. Coro take less sooner in Italy to spend in the Falklands and I haven't forgotten Longboat who spudded Velocette earlier in the week.

2023-08-10T12:30:25+01:0010 August 2023|Categories: Daily Blog|Tags: , , , |0 Comments