Oil price, IOG, UJO/Egdon, Capricorn, Trinity, President, Block. And finally…

Yesterday, as I reported, oil joined in the panic about recession with markets all over the place. Today Wall Street has fallen again ahead of the Fed tomorrow but this time oil has bucked the trend and is about 50 cents higher. IOG has updated and despite a few technicals first gas is not far away. Union Jack and Egdon have decided to submit an appeal against the refusal of planning permission by Lincolnshire County Council (LCC) on 1 November 2021, for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site. Capricorn update the market as do Trinity and President. Finally I catch up with Block after yesterday's announcement.

Oil price, Advance, Union Jack/Egdon/Europa, Longboat. And finally…

Oil continues to rise and is heading to $90, looks good to me. Egdon as operator and Union Jack and Europa have had a great valuation for Wressle which more than franks the share prices. Longboat have been awarded a licence under the Norwegian APA licensing round. Finally Advance have announced that the Buffalo-10 well looks disappointing, they are still on site but the market doesn't like it...

Oil price, PetroTal, Angus, Union Jack, Reabold, Hurricane. And finally…

Oil was up just under 5 bucks last week, quiet today for Martin Luther King day. A great update from PetroTal who are breaking all production numbers and \angus who have had at least 6 intentions of interest in their assets. Reabold and Union Jack announced initial results of analysis of the West Newton Extended Well Test programme carried out in the second half of 2021 by RPS Group  and the results of analysis carried out on fluids produced to surface. Finally Hurricane are starting to look like the good thing that they were.

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, Wentworth, PetroTal, UJO/Egdon, Petrofac, Hunting, Jadestone, Orcadian. And finally…

Oil is Omicron trading, yesterday the Fed didnt change rates nor did the ECB today but the UK added a quarter of a point. A fabulous update from Wentworth with all parts buzzing, PetroTal also lit up the market with its 20/- b/d becoming reality and UJO gave an exciting review of Wressle. Petrofac and Hunting held up the star of the oilfield services sector with upbeat statements and Jadestone and Orcadian were as positive as usual.

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