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

Oil price, Zephyr, Chariot, Serica, Pharos, Reabold, Helium One. And finally…

On a day that inflation send markets tumbling oil fell but was off the lows. Today Zephyr have an exciting deal that increases the value of the Paradox Basin and Chariot have interim results. Serica have operational problems at North Eigg and Pharos are looking tidy and about to restart paying dividends. Reabold have done a cracking deal on Corallian but go unrewarded in the market and Helium One are now drilling Q1 2023.

Oil price, Chariot, San Leon, Pharos, Serica. And finally…

Oil bounced back from being down 2 to finish strongly again yesterday. Chariot announce a new CPR at Lixus with a significant increase in resources. Pharos beat the whisper and are in a strong place in Egypt and Vietnam while San Leon complete the attractive loan and share stake in ELI. Finally Serica also beat the whisper with a very positive update.

2022-07-20T14:08:07+01:0020 July 2022|Categories: Daily Blog|Tags: , , , |0 Comments

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
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