Oil price, Sound, Union Jack/Reabold, Pharos, Scirocco, Savannah, Sterling, Cairn.

Oil is down a touch this morning, about the same as it was up yesterday...The Suez Canal is open and the market is starting to look towards Opec+. Sound has gone a long way in the bond restructuring and UJO and Reabold are moving ahead fast at West Newton. Pharos has new fiscal terms in Egypt and may also be in a good position on its farm-out. Elsewhere, new directors at Sterling Energy are v good, Savannah has a new website, Scirocco has been written up in a good note from WHI and Cairn have heard that the Indian Government are trying to have the Dutch court of arbitration set aside.

Oil price, Chariot, Angus, President, Echo. And finally…

After all the Hullabaloo oil was even last week, today however it has tipped upwards again. I look at Chariot who have signed a collaboration Agreement with Subsea Integration Alliance for Anchois. Angus Energy are positive after news that their loan has seen substantial subscription. President update on 2020 and give guidance for 2021 whilst Echo publish their bond restructuring details.

The Bucket List 2021

The 2021 Bucket List.

Oil price, Attis/Helium One,Scirocco, Deltic. And finally…

Oil has now gained nearly $3.50 on the week, the election result has taken risk off and whatever result occurs it looks like extreme policies are off limits. Helium One have solved their unquoted problem and will merge with tiny Attis and raise £5m, Scirocco comment on the process. And Deltic say that Shell remain committed to Pensacola and despite an extension still plan to drill 4Q 2021.

2020-11-05T16:04:23+00:005 November 2020|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Scirocco, Coro, Lamprell, Cycles Analysis. And finally…

After a bad week oil has turned slightly but is still jittery with so many COVID cases hitting economic demand numbers. I look at Scirocco with a name change and a identification of strategy in Tanzania and beyond. Coro is moving into clean energy development and Lamprell has won a 'medium size' contract from partner IMI. Finally I provide, thanks to Andy Pancholi of Cycles Analysis who has given us some guidance to trading around the US election tomorrow.

2020-11-02T15:48:58+00:002 November 2020|Categories: Daily Blog|Tags: , , , |2 Comments

Oil price, Aminex, Scirocco, Zephyr. And finally…

Oil will be flat on the week after a reasonable day yesterday and a modest rise so far today. Still no signs of a stimulus but maybe its a Nov 4th rally...Aminex has announced the completion of the Ruvuma farm-out with all that entails and Scirocco have noted it with all that it means to them. Finally from yesterday further good news for Zephyr as the get the first Government payment for the Paradox well and have hired a very experienced drilling manager.

2020-10-23T12:55:04+01:0023 October 2020|Categories: Daily Blog|Tags: , , |0 Comments
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