Oil price, Wentworth, Angus, Serica,PetroMatad. And finally…

Oil was up last week and stronger again today, Opec+ didn't change the deal and the EU seaborne oil and the G7, EU and Australian price cap came in at $60. Wentworth has announced an agreed takeover by Maurel & Prom and Angus are working hard at Saltfleetby. At Serica Eigg is non-commercial but trading remains strong and Petro Matad still have no luck at XX but are hopefully drilling Block V next year

2022-12-05T15:25:55+00:005 December 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, DEC, Reabold, Getech, Afentra, Serica, President, UOG, i3. And finally…

Oil rallied as Hurricane Ian headed towards the Gulf of Mexico, it's now veered towards Florida. Today i look at DEC with a deal completion and yesterdays buy-back news and Reabold have madea small acquisition. Getech have results and now need to deliver, and i3 add to yesterday's announcement to say that Graham Heath is leaving. Yesterday was a nightmare with so many results and calls/meetings that they are in today's blog.

Oil price, Zephyr, Chariot, Serica, Pharos, Reabold, Helium One. And finally…

On a day that inflation send markets tumbling oil fell but was off the lows. Today Zephyr have an exciting deal that increases the value of the Paradox Basin and Chariot have interim results. Serica have operational problems at North Eigg and Pharos are looking tidy and about to restart paying dividends. Reabold have done a cracking deal on Corallian but go unrewarded in the market and Helium One are now drilling Q1 2023.

Oil price, Afentra, Kistos/Serica, Gran Tierra.

Oil continues to drift, even after today's better than expected US CPI numbers markets rallied but not the oil price. Maybe as it's the monthly reporting time that is responsible but I'm convinced that underlying the bulls will out. Last night both Serica and Kistos walked away from hostile activity and will remain independent. Today sees the return of Afentra to the market following suspension after the Excellent deals in Angola and it looks to be very positive indeed and are seriously going places. Finally I caught up with Gran Tierra after figures on Monday.

2022-08-10T15:46:26+01:0010 August 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Kistos, Serica, Union Jack, Hurricane, President, Echo. And finally…

Brent is opening up a gap over WTI slowing refining in the US after demand for gasoline has slowed. Kistos and Serica have carried on with their battle and Union Jack has yet more good news from Wressle. Hurricane has unsurprisingly paid off the debt and it's all change at President with the set up of Green House Capital starting with Lithium and Echo has updated the market.

Oil price, Chariot, San Leon, Pharos, Serica. And finally…

Oil bounced back from being down 2 to finish strongly again yesterday. Chariot announce a new CPR at Lixus with a significant increase in resources. Pharos beat the whisper and are in a strong place in Egypt and Vietnam while San Leon complete the attractive loan and share stake in ELI. Finally Serica also beat the whisper with a very positive update.

2022-07-20T14:08:07+01:0020 July 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Serica, Sound, Angus, Getech. And finally…

The oil price fell after recessionary worries hit, Serica has replied to the Kistos bid and Sound lose this round of the tax dispute in Morocco. Wentworth put this RNS out when I was at the cricket but the ARA pre-emption may be overtaken by TPDC and I wold be surprised if this was over yet. Finally Getech has another piece of good news for the market.

2022-07-13T16:30:55+01:0013 July 2022|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, San Leon, Kistos, Touchstone, Serica. And finally…

Oil rallied on Friday and at the end of the week but the damage done on Tuesday was enough to see WTI down $3.64 on the week and Brent off $4.61. Today sees the return of San Leon after a long suspension whilst Kistos complete the GLA deal. Touchstone beef up their board and Serica have spudded the North Eigg well.

2022-07-11T13:00:42+01:0011 July 2022|Categories: Daily Blog|Tags: , , , |0 Comments
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