Oil price, Union Jack, Savannah, IOG, Far. And finally…

After yesterday's rout its happened again today, Covid is still a problem but reports are suggesting that the peace talks in Turkey might have some legs. Union Jack say that Gaffney Cline are opening up the CPR into a wider remit. Savannah has announced a wind farm project in Niger and IOG have a had a minor teething problem at Blythe. Far have announced a change of plan, looking at offers for Gambia farm-out.

2022-03-29T15:02:43+01:0029 March 2022|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Union Jack, Touchstone, UOG, Empyrean. And finally…

After a big week last week oil is down by around $8 today as Covid in Shanghai is being dealt with. A good revenue announcement from Union Jack Oil from Wressle which goes from strength to strength. Touchstone results were good but also prove they are about to get wells onstream and with cash to spend. UOG have brought onstream the ASD-2 well at Abu Sennan in Egypt and also they have added another well to the programme. Finally more warrant conversions at Empyrean is good news.

Flash blog, PetroTal, Union Jack, IGas.

Oil is very nearly $100 today after overnight moves in Ukraine from Putin. A big increase in capex this morning from PetroTal and showing that it can deliver way more than expected from the existing portfolio. Union Jack has announced that since August 19th it has taken $3m in revenues from Wressle alone and IGas have a deal on Cornish Lithium.

2022-02-22T09:19:33+00:0022 February 2022|Categories: Flash Blog|Tags: , , |0 Comments

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.

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