Oil price, PetroTal, Angus, Union Jack, Reabold, Hurricane. And finally…

Oil was up just under 5 bucks last week, quiet today for Martin Luther King day. A great update from PetroTal who are breaking all production numbers and \angus who have had at least 6 intentions of interest in their assets. Reabold and Union Jack announced initial results of analysis of the West Newton Extended Well Test programme carried out in the second half of 2021 by RPS Group  and the results of analysis carried out on fluids produced to surface. Finally Hurricane are starting to look like the good thing that they were.

2022 Bucket List

2022 Bucket List.

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.

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, PetroTal, San Leon, Eco Atlantic, Zenith. And finally…

Oil is up over $3 this morning as Opec+ meet later in the week to decide whether to cut back their monthly 400/- b/d increase. The discovery of the Omicron Covid variant has worried markets and may dent demand somewhat but Thanksgiving certainly showed plenty of excess. Today I mention an earthquake in Peru which has not affected PetroTal and another delay for the San Leon paperwork. Eco Atlantic report of a share purchase by CEO Gil Holzman and Zenith are continuing with activities in Africa.

2021-11-29T13:33:28+00:0029 November 2021|Categories: Daily Blog|Tags: , , , |2 Comments

Oil price, Kistos, PetroTal, Kosmos, Echo, Hurricane, Union Jack/Reabold. And finally…

Oil continues to rise, today the Opec and EIA reports show increased demand and reduced supplies which should have been expected all year. Russia have been hosting an Energy week at which both Putin and Novak made positive comments about the price of oil, $100, and the availability of gas when the Nordstream 2 pipeline comes in. Kosmos has bought stakes in Jubilee and TEN in Kenya from Oxy and i feature an interview with Andrew Austin at Kistos. Yesterday saw another excellent update from PetroTal who are at last on the move. I also look at the West Newton result and its implications for Union Jack Oil and Reabold Resources.

Go to Top