Oil price, Zephyr, UJO/ Beacon, Longboat.

Oil pauses after a 50% run up, at the WPC in Calgary Abdul Aziz lays out the 3 P plan. Zephyr note market rumours that the Dominion gas pipeline is nearly operational and be ready for their gas in due course. Union Jack announces a 3.1% stake in Beacon and hopes to work with them in Germany whilst Longboat find uncommercial gas at Velocette but there may be more to this story.

2023-09-20T10:36:17+01:0020 September 2023|Categories: Daily Blog|Tags: , , , |4 Comments

Oil price, Zephyr, Angus, Challenger, Jadestone, UOG, Prospex. And finally…

Oil continues to rally, Brent today went over $90. I'm looking at Zephyr from yesterday and from today an update from Angus, Challenger reveal their result of placing and Jadestone also update. UOG have a trading update and guidance as well and Prospex update from the Selva field.

Oil price, Predator, Jadestone, IGas, Zephyr. And finally…

Oil is steady enough after the Opec+ meeting went into no deal mode but the expected rally has yet to emerge. Predator has announced completion of the MOU-1 well in Morocco with gas present. Jadestone has received an allocation of gas in Indonesia and IGas has announced its RBL redetermination and Zephyr are well on their way to spudding again at the Paradox Basin.

Oil price, Challenger, San Leon, Zephyr, Block, Hurricane. And finally…

Oil was a little better after a good set of EIA stats but has drifted a bit today. Zephyr are powering away at the 16-2LN-CC well with latest permissions, Challenger reports again from Saffron and San Leon ups the investment in OML 18 infrastructure. Block has spudded the WR-B1 well in Georgia and yesterday Hurricane said that the judgement has been reserved.