Oil price, Sound, UJO, Scirocco, Prospex, Lamprell, Kosmos.

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 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, 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, Sound, Far, Getech, Pharos. And finally…

After yesterdays rise oil is down around a dollar this morning falling stocks contributed to yesterdays big rally. Today I see a good set of results and very good progress from Sound and Cath Norman has stepped down as CEO at Far. Pharos have received Ministerial approval for their farm-out inn Egypt which sets them fair for Vietnam growth.

2022-03-24T14:15:42+00:0024 March 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Genel, Sound, Scirocco, UOG, President, Far. And finally…

Oil has fallen sharply again today, Covid in China worrying. Today good results from Genel and news from Sound who are ploughing ahead at Tendrara. UOG, has more success and news from President and Far who are exiting Guinea Bissau. Scirocco note Helium One data.

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