Bogota flash blog: Savannah, Serica, Deltic, Trinity, Longboat.

A flash blog today from Colombia but I take a quick look at Savannah who have extended the suspension and of course Mitch Flegg's departure at Serica. Also Deltic who have picked up licenses, Longboat who have been busy completing two deals and Trinity who announce guidance for this year.

Oil price, Namibia-Galp-Eco-Impact-Sintana, Trinity, Molecular.

Oil rallies after a tanker was boarded of Oman and is now heading on a different course. I look at the Galp find in Namibia with its knock-on for some companies such as Sintana, Eco Atlantic and Impact Oil. And Trinity has reported that Jacobin is very disappointing, whilst Molecular Energies have spudded in Paraguay.

Oil price, BP, Arrow, i3, Trinity, Deltic. And finally…

Oil is unchanged today after yesterdays rise on supply problems. Today Arrow issued a bullish operational update involving a multi well fully funded drilling programme. i3 Energy issued an RESG report and Trinity announced tax changes in Trinidad. And yesterday Deltic announced that they had chosen to offset all emissions through Carbon Neutral Britain's Climate Fund.

Oil price, Arrow, Trinity. And finally…

Oil is up a couple of dollars today and with WTI expiring tonight and Opec meeting on Sunday there is much to look out for and in Thanksgiving week as well. The dollar remains weak and the holiday on Thursday will create some window dressing. Today I take a quick look at Arrow who are beneficiaries of a Royalty Tax ruling in Colombia and see how they are affected. Finally a disappointment for Trinity who have had problems at the Jacobin well.

2023-11-20T18:03:32+00:0020 November 2023|Categories: Daily Blog|Tags: , |0 Comments

Oil price, Kistos, RKH, SDX, Trinity, UOG, Petro Matad, UJO, Reabold, Longboat, Touchstone.

A big rally last night for oil as inventories tightened again. Today I look at Kistos which looks particularly attractive now that MIME is bedding in. Figures from Rockhopper show that the arbitration €260m should be getting closer and United Oil & Gas are working hard across the portfolio. SDX has a successful gas well and Trinity updates on Jacobin in the figures. Petro Matad is going to take time so don't hold your breath and finally I reprise the missing work on Reabold, Union Jack and Longboat from yesterday.