Oil was up on the week for all the reasons we pointed to, even Opec+ saying the would produce more didn't slow it down. Today we have payments for Genel, Savannah has signed a GSA with TransAfam Power with Accugas and Longboat have a duster at Cambozola. Jadestone just put out 2021 results and Serica have an upbeat operational update while Prospex move on in Italy.
Oil was mixed yesterday with only the positive EIA stats to affect the day in which WTI went off the board.
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...
Oil is still cranking up with more action in the Ukraine, from yesterday we look at outage at Serica and IOG having to change their GSA partner. IGas has updated which looks promising and Jadestone deliver Montara.
Another up day for oil with diplomatic activity between Russia and the USA over the Ukraine unsettling markets. Serica has had another great statement after a superb year and Pharos has had another Government signature for the El Fayum Concession agreement. Finally from yesterday comments on Far and Gran Tierra.
2022 Bucket List.
The prospects remain healthy for oil stocks going into 2022. Malcy looks back and discusses the prospects for the year.
The 2021 Bucket List results.
Oil continues to creep up, inventories and Omicron permitting. Today Scirocco have made a move in the AD area and Serica has another excellent update.
Oil will be quiet for a couple of days as the USA celebrates Thanksgiving but it needs a break after all the SPR shenanigans. Serica announce first production from Columbus whilst President complete the farm-out of Paraguay. Trinity get approval for Galeota and I catch up with the SDX management.