Oil price, Predator

This will prove to have been a horrible quarter, some short closing may be wise but there will still be winners long term. One of those could well be Predator who update the market today, with all that time at your disposal I would do some research on it, it might prove time very well spent.

2020-03-31T11:19:23+01:0031 March 2020|Categories: Daily Blog|Tags: |0 Comments

February Bucket list update…

It's Bucket List time and the February update is out today, cue trauma.....

Oil price, Predator, Sound, Far – And finally…

Oil duly rose last week but at present the virus, now Covid-19 could be peaking but the WHO are less confident. Predator completed a raise of £3.56m at 4p, a highly commendable job done that was 'significantly oversubscribed' and the outlook is promising. Sound Energy has had to go to plan B as so far the buyer of its Eastern Morocco assets has not yet signed an SPA. Far announced that MD Cath Norman had bought shares pa on Friday, nice work.

2020-02-17T14:36:49+00:0017 February 2020|Categories: Daily Blog|Tags: , , |4 Comments

Oil price, Predator/CERP, JOG, DGO – And finally…

Oil and equities remain subdued whilst the population stays at home, literally. Predator and Columbus have successfully injected CO2 in Trinidad which could be most exciting for the future. JOG are doing a great job at the Greater Buchan Area having acquired Equinor's interest fora modest sum. They are putting a great team together here. DGO are trading in line with market expectations ahead of results in March.

Oil price, Echo, DGO, PetroTal, Touchstone – And finally…

Oil recovered yesterday after initially falling on an API report that showed a build in stocks, the subsequent EIA report showed a draw of 1.1m barrels and oil recovered to be roughly even on the day. Echo has announced that its rig is on the move and should be ready to drill the CLix-1001 well by the end of December. DGO has announced a new NED as well as announcing that the 2Q divvi will be paid on 20th December and a sterling equivalent of 2.65p a share. PetroTal has also appointed two new NED's after recently the Chairman of the Board moved to the non board position of CFO. And Touchstone announce that the Coho-1 well has produced well making it a red letter month for the company.

Oil price, Predator, Rockhopper/United, Amerisur – And finally…

Opec + completed as per my late report on Friday and cuts of up to 2.1m b/d are up their sleeves for 1Q 2020. Today Predator Oil & Gas announced that they have an option agreement with Star Valley Drilling to drill their Guercit permit onshore Morocco. This could be transformational for the company should it come in. Rockhopper and United Oil & Gas update on Abu Sennan with the latter returning to the market after raising $6.25m. Amerisur Resources have been backed by ISS in their recommendation of the bid by GeoPark.