Oil price, Arrow, San Leon, UJO, Coro/Empyrean. And finally…

Oil finishes the week, month and quarter up today, much book levelling going on. Today Arrow announce a reserves report and an operational update, San Leon sees Decklar doing well in Nigeria and Union Jack spud in the USA. Also generally good news for Coro and Empyrean.

Oil price, Chariot, SLE, Zephyr, UJO, CEG, Coro. And finally…

Oil fell last week but remains tight, today I look at Chariot in Hydrogen in Mauritania and at San Leon with regard to the funding process. Zephyr are close to spudding in the Paradox whilst UJO have spudded in the US. CEG are on course in Uruguay and Coro move ahead in the Philippines.

2024-03-11T17:50:42+00:0011 March 2024|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, San Leon, Angus, Ithaca. And finally…

Oil gave back last weeks gains after a Danish paper suggested that leading shipping companies had cut a deal with the Houthi rebels. Elsewhere today San Leon are still awaiting the money from TRAM and Angus are producing well from Saltfleetby. Finally Alan Bruce has left Ithaca and a new CEO is to be appointed.

2024-01-08T17:06:10+00:008 January 2024|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, San Leon, Europa, SDX, Coro. And finally…

Oil is waiting on Opec on Thursday, but up a little today. San Leon announce that the TRAM money has been sent but not yet received and Europa have turned down a requisition to remove the CEO. SDX announce their policy to concentrate on Morocco after selling Egypt and Coro announced on Friday a restructuring in Vietnam.

2023-11-27T16:17:54+00:0027 November 2023|Categories: Daily Blog|Tags: , , , |2 Comments

Oil price, AOW roundup, US stocks, Sound, Angus. And finally…

Oil will end up on the week, no surprise there then and we wait to see how Israel unfolds over the weekend. Today I assess the state of the oil market, take a look at the exciting M&A situation in US oil stocks and round up from Africa Oil Week. I also watched the Sound Energy video which shows considerable progress and have repeated the Angus interview with Richard Herbert from earlier in the week.