Oil price, Arrow, Scirocco, Predator. And finally…

The oil price has risen overnight after activity in the Red Sea and then in the Yemen. Today I release an interview with Arrow Exploration CEO Marshall Abbott and look at Scirocco where CEO Tom Reynolds has stepped down. Finally Predator give a very detailed update ahead of a busy year ahead.

2024-01-12T13:52:58+00:0012 January 2024|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, PetroTal, Eco Atlantic, Predator. And finally…

Oil is quiet ahead of the Opec meeting which has just started. Today PetroTal announce the commencement of the well 16H and the third ESG report whilst Eco Atlantic have 3Q results. Meanwhile Predator looks forward to the rigless testing programme at Guercif and has signed an MoU with Afriquia GAS S.A.

2023-11-30T15:21:25+00:0030 November 2023|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, Challenger, Predator, Angus. And finally…

Oil has fallen a couple of bucks today, economic news started with the Aussie Central Bank raising rates the Chinese trade data confused and the oil complex fell. Meanwhile retail gasoline prices continue to fall in the US, a gallon of Exxon's finest averaged some $3.396 per gallon last week, down another 7.7c on the week, 28.8c on the month and 40 cents year on year. Today challenger and Predator complete their deal in Trinidad and yesterday Angus updated the market on Saltfleetby.

2023-11-07T15:31:16+00:007 November 2023|Categories: Daily Blog|Tags: , , |2 Comments

Oil price, AOW roundup, US stocks, Sound, Angus. And finally…

Oil will end up on the week, no surprise there then and we wait to see how Israel unfolds over the weekend. Today I assess the state of the oil market, take a look at the exciting M&A situation in US oil stocks and round up from Africa Oil Week. I also watched the Sound Energy video which shows considerable progress and have repeated the Angus interview with Richard Herbert from earlier in the week.

Flash Blog: CEG, Predator, Eco Atlantic, SDX Energy

The oil price was boosted by the arrival of the hurricane season as Idalia swept across the Gulf of Mexico and non-essential staff were removed and key regional pipelines were shut. More on inventories tomorrow but the API saw a draw of 11.486m barrels. I write up CEG, with more tomorrow and Predator who have updated on Morocco. Finally Eco Atlantic are looking good right across the bulging portfolio. Finally SDX have what looks like a great deal in Egypt.