Oil price, IOG, Petro Matad, President, Touchstone, Empyrean. And finally…

Oil is very quiet still, IOG have started the drilling on Phase 1 in the SNS and Petro Matad are continuing their licence for exploitation application. President update on drilling, Touchstone have a success at Ortoire and Empyrean up the chances of success in China.

Oil price, PetroTal, GKP, President, Tower, Touchstone, Advance, Zephyr. And finally…

Oil is flat, the market thinks it knows the result of tomorrow's Opec+ meeting and is levelling its books on the last day of the month and the quarter. Lots of news today, PetroTal update on sales and risk, Touchstone have a disappointing well and there are good figures from GKP. President remain upbeat as are Tower and Advance makes its debut in London. Finally I interview the Zephyr CEO.

Oil price, Rockhopper, Touchstone, SDX. And finally…

Opec+ foxed the market although it had reminded participants not to short oil...Rockhopper gets an extension in the Falklands, Sea Lion must be a no-brainer right now for them and new owners Harbour and Navitas. Touchstone has had a great reserves report, thoroughly deserved after the year it has had with the drill bit but yet to be in the share price. And SDX has an extension at West Gharib.

2021-03-05T13:04:48+00:005 March 2021|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, Zephyr, Touchstone, Hurricane, Premier. And finally…

Oil will end up on the week, again as general good long term news is around including approval for the Moderna vaccine in the US. Zephyr has spudded the State 16-2 well in the Paradox Basin and Premier are only steps away from becoming Harbour Energy. Touchstone has signed a GSA with NGC in Trinidad and Hurricane warn that whilst 12/- b/d is fcf positive the financing of the company might be terminal.

2020-12-18T11:38:15+00:0018 December 2020|Categories: Daily Blog|Tags: , , , |5 Comments

The Bucket List 2021

The 2021 Bucket List.

Oil price, Touchstone, IOG. And finally…

Oil will probably be nicely up on the week despite the IEA comments which I commented on yesterday, they remain mega bearish and are yet to acknowledge either the Asian growth I mentioned yesterday or indeed the vaccine situation. The EIA inventory stats were mixed with a 4.3m build in crude stocks but products drew. Touchstone results are meaningless, its all about the drill bit at Ortoire and I wish Mark Hughes the very best in retirement.

2020-11-13T11:00:14+00:0013 November 2020|Categories: Daily Blog|Tags: , |6 Comments

Oil price, Genel, IOG, BPC, Touchstone. And finally…

Oil rallied with good economic data from China and the USA but COVID cases still rise and US elections create uncertainty. Genel update in a very positive manner across the board. IOG have awarded the rig contract for the Core Project to Noble and BPC update on Trinidad and Tobago and Suriname. Finally Touchstone easily raised its £23m yesterday at a modest discount to the price, onwards and upwards.

2020-11-03T15:59:52+00:003 November 2020|Categories: Daily Blog|Tags: , , , |4 Comments
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