Oil price, Zephyr Energy, Total Market Solutions Podcast. And finally…

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 price, President, Predator, SDX, Weir Group.

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.

2020-10-07T13:12:25+01:007 October 2020|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, DGO, IOG, Chariot, UJO/RBD, Predator, Zephyr. And finally…

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 price, Bahamas, PetroTal, Predator, Aminex, Echo.

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...

2020-09-30T11:21:47+01:0030 September 2020|Categories: Daily Blog|Tags: , , , , |4 Comments
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