The Bucket List 2021
The 2021 Bucket List.
The 2021 Bucket List.
Oil is steady enough after the week when Opec meetings dominated but the final output change seems to satisfy most participants. With meetings in the new year on a monthly basis that should mean that fingers will be closer to the pulse and more visibility with regard to demand led by economic growth. Predator has issued a detailed end of year update which gives great optimism for next year and President Energy has passed the 4,000 boepd mark, a very creditable achievement. Finally UOG have been given a large number by GCA for its Jamaican acreage, next year's farm-out process will be the ultimate process.
After yesterday's fall oil has settled today but with no signs of the virus abating even the opec secretariat are cautious on demand picking up this year. Predator continue to serve up good news, today it is from Trinidad with Ministry approval on CO2 EOR. President have also announced a potentially good well result from Estancia Vieja whilst Hunting's 3Q wasn't as bad as I expected.
WTI $40.83 -5c, Brent $42.62 -31c, Diff -$1.79 -26c, NG $2.80 +2c Oil price A very modest fall yesterday, today it's a small rise but no massive direction from the ...
Oil is drifting and was around even on the week. Zephyr Energy has announced a raise of £2.25m which is more than enough to cover their costs of the dual use well in the Paradox Basin. I link to a Podcast with Total Market Solutions as part 1 of 2.
Oil carried on its run yesterday with the Norwegian strike and a potential hurricane in the GoM pushing short term prices up. I look at President Energy who have had another success in the Rio Negro with drilling success at LB-1001. Yesterday I spoke to Paul Griffiths, CEO of Predator and the link is here. SDX have updated positively and although a while until next drilling recent finds are keeping them busy. Finally Weir Group has sold its Oil & Gas Division for EV of $405m and will now be solely in the mining area.
Malcy talks to Paul Griffiths of Predator Oil and Gas, discussing their wide range of products. With operations in Trinidad and Morrocco, the firm has a diverse range of offerings ...
In a packed programme tonight...the oil price which ended last week on a downer is up nearly $2.50 as I write. DGO has signed up with Oaktree Capital Management in an interesting co-funding deal. IOG has walked away from a potential bid for Deltic, not the first to do so recently and Chariot seem to have found a top quality country manager for Morocco. Union Jack and Reabold have spudded at West Newton and Predator has updated on operations and added detail on Trinidad. Finally what might be the deal of the year, Zephyr has announced good news from the Paradox in Utah.
Oil fell as Libya started to up production and Covid cases increased worldwide. The API stats were better than expected with a small crude draw and a build in gasoline and draw in distillates. Another RNS from BPC shows that much is going on, PetroTal have restarted from the Bretana Field and Predator report interims. Aminex are clinging on in Tanzania with a last extension of the longstop date and Echo have interims today. VOG and others yet to come...
With a diverse selection of global assets - from the Carribean to Africa, and even Ireland - Predator Oil & Gas are focussed on low-CO2 fossil fuel extraction. How does ...