Oil has recovered most of yesterday's fall as the US jobs number please the markets. I comment on Sound after yesterdays tax news from Morocco, I also look at a number of the companies awarded blocks in the 32nd round of UKCS round.
Today I talk about management changes at Sound Energy as its metamorphosis continues and also Coro Energy as it announces another successful well. Echo Energy has completed its deal and now looks forward to Tapi Aike whilst Eco Atlantic has fallen due to heavy oil, unnecessarily in my view. At Wentworth former CEO Eskil Jersing has been given the El Bow as potential acquisitions failed to materialise. There is a Longboat coming over the horizon laden with former Faroe management looking for funding to go back and do it all again. And Talon Petroleum is also queuing up to invest more in the North Sea. Finally a slate of video interviews by myself and VSA CEO Andrew Monk recorded at Africa Oil Week.
The oil price is a game of two halves, yesterday inventory levels dropped the price substantially, this morning two oil tankers have been attacked in the Gulf of Oman and oil is up 4%. Today I talk about Aminex after yesterday's AGM where some home truths were told by all sides, its still a long haul but there is light at the end of the tunnel. I look at yesterday's numbers from Enteq and what Range Resources are doing in Georgia as well as looking at another industry veteran joining Talon Petroleum.