In a quiet market oil is trading up ahead of Thursday. Today Scirocco make a change at Board level and I listen to the Longboat presentation.
Oil has given back a dollar today after a week that WTI gained $4.90 and Brent added $6.31. Today Genel announce that oil is being sold locally and PetroTal update the market on the extremely dry season. Finally, Scirocco has announced the completion of the Ruvuma deal.
Oil has rallied as we go into the final quarter with Opec this week and the Iraq-Turkey pipeline about to re-open. Today San Leon extend longstop dates in the long running deal, Genel are buying back some bonds, Europa update on 4/19 and Scirocco are one stage closer to Ruvuma closing.
Oil is quiet today after a good week as the quarter ends. Today I look at Savannah with results as do Zephyr, Scirocco, SDX, Beacon and Tower. IOG have taken the plc into administration and I look at Prax after the first payment to DCU holders.
Today's flash bog covers Arrow who are moving fast in their drilling programme in Colombia and Scirocco who note an extension of the Ruvuma longstop date. Also Longboat announce production ant Statfjord Ost and Star make a move in geothermal energy in Croatia, yup, Croatia...
Oil is still in good nick, up over $80 today after the STEO yesterday. IOG update on a tricky first half and Deltic have great news on valuation of Pensacola. Scirocco wait for Tanzania and Reabold are high-grading the portfolio.
A quarterly update of the Bucket List to reflect recent performance as well as a year/year check.
Oil was unchanged, inventory stats were good but US data poor. Jersey Oil & Gas has revealed a cracking deal with NEO that unlocks the value for the GBA with much more to come. Scirocco is also looking good as the news from EAG is very promising whilst Hurricane is going out with a whimper. And yesterday Serica gave a very good reserves report.
Genel announce pretty good reserve numbers, a big pool for the company to work with. San Leon note Decklar shipment and pipeline numbers, must be good news and Union Jack, Egdon and Europa update Wressle, good numbers of course. Scirocco start the process of changing up the board and as for Hurricane, well it's not bad really...
DEC completes on Tanos, Touchstone well looks cautiously optimistic, San Leon creating more value through Decklar, Angus well ready to test and management changes with funding and Scirocco pick up on Aminex delays plus Hunting.