Oil price, San Leon Energy. And finally…
Oil will likely be up on the week after mixed news from the US and China. Today San Leon announce further payments from the Oza field as Decklar report.
Oil will likely be up on the week after mixed news from the US and China. Today San Leon announce further payments from the Oza field as Decklar report.
The 2023 Bucket List is published today, five companies are leaving one way or another and three are joining the group. The Oil and Gas prices both showed consistency in being virtually unchanged on the year although the prices changed at different times during it, see the charts. The blog also announces how the 2022 list fared.
Oil rallies at the start of the year and San Leon have extended the term while they complete the OML18 transaction. CEG formally announce the Uruguay stuff that i wrote up last week and Angus have good production numbers. Finally all is unveiled at the New Beacon and COPL have more money from a lead investor.
Oil is quiet as managers trim positions ahead of the break. Today sees another upbeat operations update from Arrow Exploration and San Leon repeat the Decklar news. I note the Wentworth comment and cover the interesting news from COPL on Wednesday.
A flash blog so detailed analysis and further comments tomorrow.
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 drifted on the last day of what has been a very good month and traders locked in profits. An update from Arrow was excellent and in line with guidance and San Leon have slightly extended the backstop date for the OML18 financing and Challenger update the market on a wet quarter. Finally Jadestone complete the acquisition from BP and COPL also update the market..
Oil is quiet ahead of the month and quarter end and ahead of the Opec+ meeting next week. Many results today including Savannah which were good IOG updated on production and Angus are moving ahead fast. Scirocco also have predictable figures as do San Leon.
Oil rose a touch on Friday but was still down on the week, the Fed meeting that starts today will increase rates but by how much? Today San Leon indicate more production from Decklar and Jadestone have Interims but until Montara is back the jury will be out. Predator say how well Mag Mell is being received and also have a detailed interim statement. Trinity production fell in H1 but with more drilling 2H should be better and Providence Resources are to become Barryroe Offshore Energy, well I never.
Oil fell on China Covid worries, good figures from Wentworth and a small delay for San Leon on technical grounds. Scirocco are one step nearer the new go and Reabold say that the Corallian deal will go ahead.