Oil price, PetroTal, Rockhopper, Eco, UOG. And finally…

Oil has risen today as Iran step up activity in the Red Sea. Today PetroTal announce detailed guidance which confirms how strong their position is. Rockhopper pass on information from Navitas which show reduced costs on Sea Lion and Eco Atlantic are carrying on in South Africa with confidence. Finally United have had to exit Egypt which was on the cards and got an extension in Jamaica.

Flash blog: Chariot, Kistos, DEC, Wentworth, Serica, Deltic, UOG, Trinity, Tower.

Announcements from Chariot in South Africa, DEC listing in the Big Apple and Kistos back in business in the Shetlands. Also Wentworth are nearly done, Serica has a very smart RBL, Deltic outline plans for next year and UOG tidy up in Egypt. With a raise from Tower.. and a poor result from Jacobin for Trinity thats all...

Oil price, JOG/Serica, Longboat, UOG.

Trade is quiet as Thanksgiving Day dawns, I wish a very happy holiday to all those over the pond. Today JOG has made an excellent farm-out of the GBA to Serica which is a win/win situation if ever there was one. And Serica is very wise to be picking up a 30% stake in the asset. Longboat added to its presentation on its portfolio and UOG announced that the preferred partner in Jamaica has walked.

2023-11-23T17:26:47+00:0023 November 2023|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Genel, Touchstone, Reabold, Jadestone, UOG, Echo.

Oil is up about a dollar on the Opec report. Today Genel announce 3Q and 9 month update with the hope that the Iraqi-Turkish pipeline will re-open imminently. Touchstone also report for the period and with Cascadura flowing the numbers are starting to look exciting.Reabold have had an invalid requisition presented but will reply when a valid one returns. Jadestone have increased their stake in CWLH which looks like a pretty good deal to me. And UOG are losing their CFO and Echo have appointed Stephen Birrell as their new CEO.

Oil price, Europa/i3, UOG, Star. And finally…

Oil has eased even after the Saudis started the Opec JMMC by saying that their voluntary 1m production cut would continue until the end of the year. Today i3 and Europa announce that they are now in talks with the NSTA hoping that they can resolve the Serenity problem and UOG have extended the Quattro date. Finally Star has moved into geothermal energy in Croatia.

2023-10-04T13:35:19+01:004 October 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.