Flash blog: PetroTal, Rockhopper, Coro.
Update from PetroTal is very positive as is the news from Rockhopper. Coro also update from the Philippines.
Oil price, San Leon, Touchstone, Rockhopper. And finally…
Oil fell again as banks take the centre stage with rumours of more failures/bail outs. San Leon are delayed again, this time as NNPC wade in. Rockhopper are excited as Navitas have an independent report from NSAI which adds to resources and cuts costs.
Flash blog: Genel, San Leon, Zephyr, SDX, Rockhopper.
Genel update on receipts from the KRG, San Leon update on Nigeria whilst the Spanish Archer arrives at SDX. I also note yesterday's RNS from Rockhopper.
Oil price, DEC, Sound, Rockhopper, SDX. And finally…
Oil was up last week but interest week ahead so cautious on the last day of the month today. DEC have done another ABS refinancing and is aligned with ESG asset backed securitisation. Sound Energy are also continuing the financing and the farm-out continues. Rockhopper have heard that the Italian Govt are trying to have the arbitration annulled. And Jay Bhattacherjee comes in at the Chairman role at SDX.
Oil price, Union Jack/Reabold, Rockhopper, Capricorn. And finally…
Oil rose on Hurricane Ian but he is now in Florida and only Cat 1, also inventory numbers were better than the whisper. Union Jack and Reabold issue a big CPR on West Newton which will bring huge value and Rockhopper is looking very good looking forwards. Finally later in the morning the news broke that Capricorn is abandoning its deal with Tullow and forming a new energy company with Delek Group, New Med Energy. Capricorn shareholders get a big payout anda residual holding in NewMed.
Oil price, UJO/Reabold, Rockhopper, Longboat, IGas, Egdon. And finally…
Oil gained but gave back most of the gains at the end of the day. Union Jack and Reabold both flag the West Newton CPR due next week and Rockhopper completes the Navitas farm-in. Longboat look like they might have a discovery at Oswig but need a side-track and DST to confirm preliminary numbers that are better than pre-drill estimates. Finally, IGas and Egdon have both written thank you letters to that nice Mr Rees-Mogg for his relaxation of shale regulations.
Oil price, Rockhopper, Arrow, Coro, Deltic.
Oil had a big day on the back of the KSA interview about Opec, elsewhere Arrow has had a very good few months in London and Coro try again to sell the Italian assets, now worth much more than when they fell through before. But most of all interest is that Rockhopper has won its arbitration case with the Republic of italy and been awarded €190m plus interest...
Oil price, Genel, San Leon, Union Jack, Rockhopper, Advance. And finally…
Oil rallied, a weak dollar ahead of the Fed meeting helped. Gas is looking even tighter as Russia is cutting Nordstream 1 gas to 20% of capacity. Genel announce payments from the KRG, San Leon note that Decklar is looking to open up production, and Union Jack appoints new additional firepower. Rockhopper sees good news on Sea Lion, Advance raises money today.
Oil price, UJO, Chariot, IOG, Rockhopper, Jadestone, Cornerstone. And finally…
After oil took a caning last week on Fed and sundry lousy interest rate news it is important to notice that Opec+ is still missing by a distance its own quotas. The price fell sharply on Friday as the Fed said that it would be 'more aggressive' in getting inflation back to 2%. Union Jack has more good news from Wressle, Chariot has announced the Anchois FEED contract and IOG have a lengthy update on its portfolio. Rockhopper have given details of their Open Offer, Jadestone have suffered an unfortunate oil leak and Cornerstone Resources update.
Oil price, PetroTal, Zephyr, Rockhopper, Longboat, Harbour, Hurricane, President. And finally…
Oil fell on the Fed confirming a 75bp rise with Swiss and UK central banks today and the ECB being what only they can be...Lots of company news today, PetroTal have a good sales update, Zephyr are investing better than expected cash flow, Rockhopper raise went very well, Harbour are buying back $200m, Longboat update in full detail, Hurricane monthly shows more cash build up and President have a bare bones update.