The 2021 Bucket List results.
Oil has drifted today after a mixed week, Omicron being the determinant. An update from GKP and President details the Atome spin-off.
Oil bounces as people think Omicron isnt as bad as first thought, its like flu apparently...Just Waiting for the Royal Dutch moniker to be removed from Shell, Genel are in a legal fight with the KRG about Bina Bawi and Miran and Hurricane are buying back the bonds. Echo have updated the market quietly, IGas have joined an industry group whilst President announce the Atome details.
Oil unchanged ahead of Opec+, Scirocco updates on Tanzania whilst Savannah say that the Aim document is targeted for the 17th December. President has a success in Argentina and Sound confirm NED appointment.
Oil will be quiet for a couple of days as the USA celebrates Thanksgiving but it needs a break after all the SPR shenanigans. Serica announce first production from Columbus whilst President complete the farm-out of Paraguay. Trinity get approval for Galeota and I catch up with the SDX management.
Oil rallied and then some after the US invoked sales from the SPR handing advantage to Opec+ ahead of the Dec2 meeting. PetroTal has some local difficulties in Peru and UOG have an extension in Jamaica. Jadestone take another 10% of Lemang and President announce a bond issue. Block has announced that gas sales from well KRT-39, located in Block XIB, have commenced and I interview Ed Story, President and CEO of Pharos Energy.
Oil drifted nicely as Opec+ made up their minds and then kept the same policy. Today Genel announce KRG payments and President updates on operations and Atome.
Oil is a bit better today, lots of big boys and girls meetings this week. Sound confirm extension of Phase 1 LNG SPA until 30 November and Savannah has commenced gas sales to First Independent Power Limited's power plant, FIPL Afam, in Nigeria. President announce the new CEO for Atome and results from Gran Tierra and a raise from Zenith.
Oil motors into the news week with gains as I write of over a dollar. Today Zephyr are on target at the Paradox Basin and are expecting to test starting today, meantime Longboat have a 'material discovery' at Egyptian Vulture. President announce that subsidiary Atome with its hydrogen expertise is to be floated off to the potential benefit of President holders. Lamprell announce a medium sized contract and the Aim market welcomes Arrow Exploration which starts dealing in London today. Finally Zenith Energy announces a successful workover at ROB-1 onshore Tunisia.
Oil remains perky, IOG have a technical on the rig when it arrived at Southwark. The good news is that with Blythe and Elgood completed first gas is still expected in Q4 2021. And President has a big round up and all parts of the business are going well.