Oil price, Pharos, Southern, Energy Pathways. And finally…

Very little change after the holiday yesterday, Brent is up 50 cents. Today Pharos has a sparkling update, Southern have hit the bullseye with their latest well and DEC say they know no reason why the shares are under pressure. Finally Energy Pathways is on the loose and doing a roadshow in London

Flash blog: Pharos, PetroTal, IOG, Longboat, SDX, Hunting, Star.

Good numbers from Pharos, PetroTal are in the dry season but guidance is unchanged, the yield is not it's 17$ plus 2 for the buy-back. IOG are working hard and in talks with bondholders and Longboat have added to the previous acquisition.SDX continue to impress with deals and Hunting were also very impressive at the Capital Markets Day. Star meantime are all-in on geothermal.

2023-09-13T18:34:06+01:0013 September 2023|Categories: Flash Blog|Tags: , , , , , , |2 Comments

Oil price, Pharos, Jadestone, Trinity. And finally…

Drift yesterday in oil as China stays front and centre. Today Pharos has an exceptional trading statement which includes a tasty report from ERCE in Vietnam. Jadestone also update but they have to go and deliver the goods now, the time for chatter is over. And an update from Trinity but with no production growth Jacobin needs to come in as Buenos Ayres is a long way away.

Oil price, Sound, Pharos, IOG, Touchstone,Trinity, Angus, Predator, SDX, Reabold. And finally…

Oil fell ahead of the Fed meeting which announces rates tomorrow. Today Sound have a sparkling update, Pharos have blocks 125/6 extended by two years which is excellent. IOG also update and news there is good as well. Touchstone have won their preferred block in the Trinidad licence round as have Trinity. Angus have shown flexibility at Saltfleetby and Predator have updated with a difficult but what looks like an ultimately successful MOU3. I update on SDX and Reabold from yesterday on a policy I can't understand.

Oil price, Genel, Pharos, Arrow.

Oil, amongst other international markets is waiting, fixated on Fed boss Jay Powell as he tells the world at 6pm what the 25 bp rise will be...Today Genel has filed results which are as always solid and strongly supporting the 12% yield and Pharos has also published a good set of figures. Arrow has also updated the market, this time another excellent well result, my 50p target remains...

2023-03-22T16:17:04+00:0022 March 2023|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, Wentworth, Afentra, Pharos, UOG. And finally…

Oil rallied strongly as despite the inventory stats I mentioned yesterday oil jumped on economic news and potential further sanctions against Russia. Today Wentworth updates on the takeover by M&P and Afentra update on Angola. Pharos has an extensive reading and operations update and UOG have some encouraging numbers on Maria.

2023-01-12T16:31:22+00:0012 January 2023|Categories: Daily Blog|Tags: , , , |0 Comments