2022 Bucket List

2022 Bucket List.

IG Outlook 2022: UK small cap oil

The prospects remain healthy for oil stocks going into 2022. Malcy looks back and discusses the prospects for the year.

Oil price, Sound, Gulfsands, Touchstone, Rockhopper. And finally…

Its an up day for oil after yesterday when the so called market pros took money off the table mainly in WTI. I look at Sound who are continuing the good news in Morocco and Gulfsands who have received an extension and expansion of its facilities. Also a good oil find from Touchstone and good news from the Tribunal from Rockhopper.

Oil price, Kosmos, Petrofac, Touchstone. And finally…

Oil starts this week on the front foot after last weeks weakness and we remain in the current trading range. Results from Kosmos were in line and the company looks in good nick right now. Petrofac has won a $96m contract, much more to come I suspect. Finally Touchstone has made a discovery at Royston-1 with what to me looks like a potentially valuable hydrocarbon find.

2021-11-08T13:38:10+00:008 November 2021|Categories: Daily Blog|Tags: , , |0 Comments

Oil price, Touchstone, Prospex, Block, Trinity. And finally…

Oil should be modestly up on the week not something you might have thought on Wednesday. Touchstone has 2Q results and an operational update. Prospex have found a legal technicality as a number of shareholders attempt to unseat the board and Block, in a similar situation have appointed Jeremy Asher to the board...Finally, after the tragic death of Chairman Bruce Dingwall Trinity reshuffles, no surprises in these appointments.

Oil price, Chariot, UJO/Reabold, Serica, Hurricane, Touchstone. And finally…

A big rally for oil yesterday as the Iran deal seemed to take a slight turn for the worse, I'm sure it will return. Signs of a pick-up in US air travel also made the oil bulls return. Chariot have made a strong move to become a unique, gas and renewables story covering over 17 countries in Africa. The raise will enable a well at Anchois to be drilled and hasten the roll-out of the transitional power team. Union Jack and Reabold have announced 6 weeks of testing at West Newton whilst Serica have announced an operating update at Columbus and the R3 well. Hurricane have results where they warn of equity destruction and Touchstone have more very positive news from Trinidad.

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