Flash blog: Zephyr Energy.
Zephyr continues to deliver revenues from its non-operated portfolio and with the well at the Paradox Basin about to test there is meaningful upside.
Zephyr continues to deliver revenues from its non-operated portfolio and with the well at the Paradox Basin about to test there is meaningful upside.
A good week for oil but is slightly weaker today as the API stats were a bit mixed. Today I look at the AGM statement from Zephyr which is full of confidence and at Molecular Energies ahead of drilling in Paraguay.
A good week for oil but is slightly weaker today as the API stats were a bit mixed. Today I look at the AGM statement from Zephyr which is full of confidence and at Molecular Energies ahead of drilling in Paraguay.
Oil rallied last week and is quiet today, Chinese data disappointed after a mixed week in the US. Today Zephyr update from the Paradox Basin and Europa from a summit in Ireland. Finally Petro Matad have a duster at Velociraptor and SDX terminate an employee.
After the weekend oil doesn't know how to react unchanged today. I look at IOG who have a very good result at the Blythe H2 well and will be upping production. Zephyr finals are as expected and Trinity have early indications of success at Jacobin. Last week Chariot had figures with exciting potential for Anchois partners, Sound completed its debt issues and is now clear to move ahead at Tendrara and JOG completed on the GBA farm-out, a fantastic deal.
Oil has drifted today, $70 and $75 says the market but not for long...Zephyr has raised £3.15m as a small top-up to ensure the asset base is drilled out, Southern has completed the excellent, synergistic PetroTX Energy deal and Beacon are set to mobilise in Germany on 12th June, as they say.
Oil is mixed but it's all about the meeting at The White House today between Sleepy Joe and House Leaders. Arrow yesterday announced another highly successful well in Colombia and today Zephyr update on production and the Paradox Basin. PetroTal have announced details of dividend and buy-back arrangements which should be huge for shareholders and Tower have raised money again and Afentra have unimportant figures. As for Prospex it looked like good news but the market is unforgiving.
Oil is weak today ahead of the Fed tomorrow. IOG talk the Blythe well, Zephyr announce good hedges and Chariot tie up with Vivo in Morocco. Arrow are in great shape and will hit targets while Longboat have JVd with Japex in Norway. SDX are partnering with Aleph on alternative energy projects, PetroTal appoint a COO and Angus update on Saltfleetby.
A quarterly update of the Bucket List to reflect recent performance as well as a year/year check.
Oil gained on the short week but looks set fair, all three agencies will produce their monthly numbers this week. Today Zephyr announce an incident at the State 36-2 FNW-CC well as after a safety valve failed resulting in what seems like a fairly modest hydrocarbon escape which I think is already sorted. DEC announce their sustainability report which is market leading stuff and Beacon Energy arrives on Aim.