Flash blog:DEC, UOG, ECO, Longboat.

DEC report another excellent set of numbers and yielding 15% I expect good income and capital growth from here. United Oil & Gas is bringing onstream the better than expected ASH-8 and Eco Atlantic is starting to go forward in the Orange Basin. Longboat have results and Beacon Energy are appearing with a raise and acquisition.

Oil price, Genel, Union Jack, Egdon, UOG.

Oil was shut yesterday but has rallied today as the movers and shakers head for the Alps. Genel gave a solid and in line trading update and Union Jack and Egdon have updated Wressle. With UOG resurrecting the Quattro deal but at a higher price they can reward patient shareholders with a modest buy back.

2023-01-17T17:00:17+00:0017 January 2023|Categories: Daily Blog|Tags: , , , |2 Comments

Oil price, Wentworth, Afentra, Pharos, UOG. And finally…

Oil rallied strongly as despite the inventory stats I mentioned yesterday oil jumped on economic news and potential further sanctions against Russia. Today Wentworth updates on the takeover by M&P and Afentra update on Angola. Pharos has an extensive reading and operations update and UOG have some encouraging numbers on Maria.

2023-01-12T16:31:22+00:0012 January 2023|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Union Jack, UOG, IGas, PetroTal. And finally…

Oil fell sharply after worries that despite opening up, China would not grow for a while... Union Jack have further revenue from Wressle and UOG has had a duster at ASW-1X. IGas has appointed a new independent NED but so far no CEO and PTAL remind us that their management will be in London on the 19th of January.

2023-01-04T14:51:27+00:004 January 2023|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Touchstone, Scirocco, Echo, UOG. And finally…

Oil fell yesterday, as the market got panicked about the Fed raising rates again. Touchstone has raised money in England and Canada ahead of the run-in to Cascadura and Royston. Scirocco chat about life after Ruvuma ahead of Capital Markets day tomorrow whilst Echo keep us hanging on and UOG spud the ASW-1X exploration well.

2022-12-06T16:54:05+00:006 December 2022|Categories: Daily Blog|Tags: , , , |0 Comments