Oil price, Chariot, Pharos, Hurricane, Getech. And finally…

Oil is falling due to Chinese demand, Chariot has made a good raise to develop Anchois and push on with the power business. Pharos AGM statement was good and with Vietnam kicking in later this year should be good. Getech are solidly ahead, Hurricane looks cheap as chips and could and should be taken over from here, just imagine what a wealthy parent would do with it...?

2022-05-19T13:54:07+01:0019 May 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Sound, Far, Getech, Pharos. And finally…

After yesterdays rise oil is down around a dollar this morning falling stocks contributed to yesterdays big rally. Today I see a good set of results and very good progress from Sound and Cath Norman has stepped down as CEO at Far. Pharos have received Ministerial approval for their farm-out inn Egypt which sets them fair for Vietnam growth.

2022-03-24T14:15:42+00:0024 March 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Serica, Pharos, Far, Gran Tierra. And finally…

Another up day for oil with diplomatic activity between Russia and the USA over the Ukraine unsettling markets. Serica has had another great statement after a superb year and Pharos has had another Government signature for the El Fayum Concession agreement. Finally from yesterday comments on Far and Gran Tierra.

2022-01-20T15:59:49+00:0020 January 2022|Categories: Daily Blog|Tags: , , , |2 Comments

Oil price, Sound, IOG, DEC, Pharos, UOG. And finally…

Oil has rallied in thin volume ahead of the year end and trade will get thinner as the week goes on. Today I look at Sound as it completes its Phase 1 loan note funding and IOG as they have slight technical problems at Southwark. DEC has completed the sale of the Haynesville undeveloped acreage and Pharos gets the almost final OK in Egypt. And UOG has another success in Egypt.

2021-12-29T13:23:11+00:0029 December 2021|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, PetroTal, UOG, Jadestone, President, Block, Pharos, . And finally…

Oil rallied and then some after the US invoked sales from the SPR handing advantage to Opec+ ahead of the Dec2 meeting. PetroTal has some local difficulties in Peru and UOG have an extension in Jamaica. Jadestone take another 10% of Lemang and President announce a bond issue. Block has announced that gas sales from well KRT-39, located in Block XIB, have commenced and I interview Ed Story, President and CEO of Pharos Energy.

Oil price, Kistos, IOG, JOG, Zephyr, Pharos, President. And finally…

Oil quiet after weakness recently put down to Covid and SPR releases. Kistos spud their Q11-B well and IOG have an update with only weeks until first gas. JOG have signed up almost the entire former board of Ithaca which is good and news from the GBA is promising. Pharos spud in Egypt, Zephyr has made another excellent acquisition, President update, again.

2021-11-22T15:18:54+00:0022 November 2021|Categories: Daily Blog|Tags: , , , , |2 Comments
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