A good day for crude as talks at the White House progress. DEC have had their debt redetermination approved and Petrofac has won another $1bn of work in Algeria. UOG have extended the long stop date for the Quattro deal, again and I talk to the interests close to the Egdon deal yesterday.
The agreed cash bid for Egdon by Petrichor Partners is the news of the day but sad to see it going out at a value of only £26.64.
Oil was down just over a dollar last week with the short term influences winning over the long term. The election in Turkey is delaying the decision to re-open the Iraqi pipeline. Today IOG has much better news from the Blythe field, UJO has excellent results and Angus step up production at Saltfleetby.
Malcolm is joined by David Bramhill of Union Jack Oil, to discuss the company's portfolio and delve into some of their current projects.
Oil fell then rose on a day when all sorts of influences were exerted on the market. Union Jack have another $15m of revenue at Wressle and Afentra complete the Angola deal. And Harbour seem to be a bit more chipper.
Oil fell again sharply as the Fed raised rates again. Today Sound Energy have finals and end the tax case in Morocco whilst Union Jack make good money on an investment. Arrow has spudded at the Carrizales Norte and I look at Gran Tierra from yesterday.
Oil continued to drift, Touchstone starts at the bottom at Royston, Egdon and Europa announce results while Union Jack waits its turn. And its all over bar the shouting for Hurricane.
A quarterly update of the Bucket List to reflect recent performance as well as a year/year check.
A sharp rally in crude after the pipeline from Iraq remained shut. Union Jack Oil paid an interim dividend, what a change this company has seen. GKP confirm that the divvi, when approved at the AGM will be paid and Camarco, IR advisors to a company near you has been taken over by the Shermans...
Oil rallied last week as rate rises seemed to be coming to an end. Today Genel and GKP have fallen after the closure of the Iraq-Turkey pipeline. Coro has sold its Italy acreage and will bet on South East Asia now, and COPL has announced a $14.8m bond.