Oil price, Kistos, PetroTal, Kosmos, Echo, Hurricane, Union Jack/Reabold. And finally…

Oil continues to rise, today the Opec and EIA reports show increased demand and reduced supplies which should have been expected all year. Russia have been hosting an Energy week at which both Putin and Novak made positive comments about the price of oil, $100, and the availability of gas when the Nordstream 2 pipeline comes in. Kosmos has bought stakes in Jubilee and TEN in Kenya from Oxy and i feature an interview with Andrew Austin at Kistos. Yesterday saw another excellent update from PetroTal who are at last on the move. I also look at the West Newton result and its implications for Union Jack Oil and Reabold Resources.

Oil price, UJO/Reabold, Scirocco, Echo, San Leon, President, Getech, Zephyr, Savannah. And finally…

First day of the month and quarter and with an Opec+ on Monday there are no prizes for bravery in oil markets. Union Jack and Reabold are disappointed about the planning decision at West Newton but an appeal is probably likely. Scirocco completes its acquisition Echo has restructured its loan. San Leon note production news from Decklar and I cover results from the 15 sets yesterday including President and Getech as well as results from Zephyr with an interview with CEO Colin Harrington and from Savannah and an interview with CEO Andrew Knott.

Oil price, IOG, Predator, PetroTal, Hurricane, Serica, UJO. And finally…

Oil reached the top of the trading range and boiled over as is its wont. Today I look at Predator after the webcast yesterday and IOG have good news from the Blythe well and first gas on the horizon and at these prices...PetroTal have also had a really positive update from the Bretana field and are looking set very fair. Hurricane have updated but I think maybe should have shouted more from the treetops and yesterday Serica blew away the targets and are looking to have the Midas touch. Union Jack has added a new presentation and video on the website.

Oil price, Union Jack, Chariot, Kistos, Rockhopper. And finally…

Oil rallied on more crude draws in the EIA stats. Union Jack have raised £3m to build out bigger production at Wressle, Chariot have signed with Halliburton for Lixus whilst IOG has raised £8.5m to fund future growth and 'fill the hopper'. Kistos says that the TAQA operated P15-D platform has resumed normal operations and Rockhopper are looking at Sea Lion again after Harbour withdrew from the project.

2021-09-23T15:32:16+01:0023 September 2021|Categories: Daily Blog|Tags: , , , , |2 Comments

Oil price, Union Jack, Egdon, EOG, UOG, Longboat.

Oil has rallied by around a dollar this morning after the markets felt that the Evergrande problem had been overdone. Today the FOMC policy meets for 2 days and the gas market continues to rocket. A really upbeat statement from Wressle today is good news for UJO, ERD and EOG some who add more to the statement. UOG updates on the ASX-1X well which has encountered 10m of pay, finally Longboat has spudded the Egyptian Vulture well.

2021-09-21T11:50:09+01:0021 September 2021|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Union Jack Oil, Predator. And finally…

Another quiet week for oil but watch natural gas which is still heading onwards and upwards. Union Jack has an excellent report this morning and looks hugely attractive on this rating with great news particularly from Wressle. And investors will be happy to see that Predator are doing a presentation shortly on their exciting portfolio..

2021-09-13T11:07:04+01:0013 September 2021|Categories: Daily Blog|Tags: , |2 Comments

Oil price, JOG, UJO/Reabold, Sound, Hurricane, Lamprell, Eco Atlantic, Zenith. And finally…

Oil recovered last week's fall and was picked up on Mexican production loss and of course Hurricane Ida. Today I look at JOG on electrification, UJO and Reabold with exciting news from West Newton and Sound who have completed the Schlumberger deal. Also Hurricane announce an offer for the bonds, Lamprell update on recapitalisation and Eco Atlantic spud the Sapote-1 well and Zenith sign an agreement in Nigeria.

Oil price, UJO/Egdon/Europa, Hunting, President, Prospex. And finally…

Oil rallies over 8% in the last two days, always likely as it was oversold after the recent fall. Excellent news today for the Wressle partners, Egdon, Union Jack and Europa as they release test data that shows flow of 500+ b/d. An interesting strategic investment by Hunting today and President releases results from last year. Finally, Prospex have received a valid call for a GM to remove the board.

Oil price, Sound, IOG, UJO/Egdon/Europa, Pharos. And finally…

Oil remains solid especially after a very solid across the board set of EIA inventory stats yesterday. Today Sound Energy have made huge progress in Morocco and with an LNG sales agreement and subscription are looking very strong indeed out there now. IOG have signed up their GSA and gas prices remain incredibly strong which makes first gas in Q$ 21 a mouth watering event. The Wressle partners announce a successful proppant squeeze which should be very helpful for oil production and Pharos have updated on Vietnam and their new RBL.

2021-07-29T13:31:55+01:0029 July 2021|Categories: Daily Blog|Tags: , , , , , |0 Comments
Go to Top