Oil price, Gulf Keystone, Petrofac, Predator, SDX.

Oil is still quiet, up just under a dollar this afternoon ahead of the EIA inventory stats. Gulf Keystone announce a $50m special dividend which along with KRG payments bodes well for the shareholders. Petrofac announce a contract with bp's GTA project in Africa and Predator remind us that Mag Mell is crucial to Ireland's energy supply. Finally, SDX has accepted a bid for the company of 10p in shares from Tenaz from Calgary, what has life come to?

2022-05-25T15:49:32+01:0025 May 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, IGas, Reabold, Empyrean, SDX, Gran Tierra. And finally…

Oil fell yesterday on China problems but is up today as the EU start the process of stopping Russian oil and products. Reabold has walked away from Victory as Corallian is bid for, seemingly preferring to spend on West Newton, I don't blame them. Another cracking set of numbers from Gran Tierra across the board and SDX have tied in of the SD-5X Warda well whilst Empyrean are going for Topaz.

Oil price, Angus/Sound, Zephyr, Scirocco, SDX. And finally…

Oil remains weak as the EU still won't ban hydrocarbons and India and China still won't stop buying them from Russia. Sound has walked away from the Angus auction but two buyers remain interested in the Saltfleetby asset. Scirocco note the AEX RNS on Tanzania where action continues ahead of drilling the crucial CH-1 well in November this year. Zephyr go from strength to strength as they receive the first monthly cheque from the Williston Basin assets bought in February but now delivering meaningful cash to spend on the Paradox. Finally SDX has spudded the MSD-20 infill well on the Meseda field, I still think that there is corporate activity behind the scenes here.

2022-04-08T16:10:27+01:008 April 2022|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, Kistos, PetroTal, SDX, Block, Getech. And finally…

Oil fell sharply yesterday as the EU dithered on sanctions...Kistos has results better than expectations and with a very positive cash flow and debt payoff potential, PetroTal has ended the dock protests. SDX has a discovery at SD-5X at South Disouq and Block has an operational update and pre-warns on fund raising whilst I cover news from Getech from yesterday.

2022-04-07T15:17:44+01:007 April 2022|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, IOG, Serica, Predator, Orcadian, Harbour, SDX, Hurricane, Prospex, Zenith. And finally…

Oil started flat but has gained 5 bucks this morning so far. As we plough into results season where we learn almost nothing today sees announcements from IOG, Serica where production is back, Orcadian with debut numbers, Harbour also reporting SDX bringing on a well, Hurricane with its monthly report, Prospex upping power in Spain and Zenith raising money just about sums it up...

Go to Top