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.
Oil fell as bad economic news and no cessation of output from Iraq worried markets. Union Jack have paved the way for a payout, Scirocco are almost home and dry as are Angus. Coro move one step forwards in Vietnam and Echo get breathing space for putting results out.
Oil mixed but the KSA warn against trying to manipulate the oil price. Southern Energy have a great set of results and Scirocco move solidly towards its new sustainable markets.
Oil rallied and again today after a deal has been put to Iran regarding sanctions. Today Sound have updated from Morocco and detailed a farm-out process as well as a drilling programme.Union Jack has detailed the court process for the reduction and potential for dividends. I catch up on news from yesterday, Scirocco in Tanzania, Prospex, Lamprell and of course Kosmos.
Oil rallied a touch yesterday and has again today, the API stats were mixed the EIA are imminent. Today Touchstone are close to a major milestone and Scirocco paint a picture of the immediate future after Ruvuma. Orcadian complete the farm-out, GKP pay-down debt and I catch up late with Block's CPR.
Oil rose last week but July was another down month, demand falling as the recession arrives is deemed responsible. Today Scirocco update on Tanzania, probably more interesting to Aminex and Wentworth...Eco Atlantic have a big update but its a very exciting outlook, whilst Longboat spud Oswig and Prospex update on El Romeral. Finally I had the opportunity to interview John Bell of Gulfsands last week and the detail is in the blog today.
Oil was weaker yesterday ahead of todays opec meeting expect no change in policy. I comment on Scirocco after the meeting and the VOG predicament. Also a raise from Orcadian and a cash alternative for SDX holders.
The US was shut for Juneteenth Day yesterday and today oil has rallied by well over a dollar. Reabold and Union Jack have announced a major and exciting plan for West Newton development the value of which dwarfs the combined companies market caps. Scirocco are urging shareholders to accept the Ruvuma deal and UOG have spudded in Egypt.
Oil was up on the week but faded late in the day after the US CPI came out which trashed markets but rallied the dollar ahead of the Fed meeting tomorrow. Wentworth has announced the proposed acquisition of 25% of Ruvuma from Scirocco both are covered here. DEC confirm that juicy dividend in pence today and Orcadian announce draft FDP and farm-out process for the Pilot development.
Genel announce updated KRG payments and Scirocco have a quarterly update on EAG and Ruvuma. Longboat have added two exciting gas-weighted wells to their Norwegian portfolio.