Oil price, Angus/Sound, Zephyr, Scirocco, SDX. And finally…

Oil remains weak as the EU still won't ban hydrocarbons and India and China still won't stop buying them from Russia. Sound has walked away from the Angus auction but two buyers remain interested in the Saltfleetby asset. Scirocco note the AEX RNS on Tanzania where action continues ahead of drilling the crucial CH-1 well in November this year. Zephyr go from strength to strength as they receive the first monthly cheque from the Williston Basin assets bought in February but now delivering meaningful cash to spend on the Paradox. Finally SDX has spudded the MSD-20 infill well on the Meseda field, I still think that there is corporate activity behind the scenes here.

2022-04-08T16:10:27+01:008 April 2022|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, Zephyr Energy. And finally.

Oil today has lost most of yesterday's gains, it seems that the French Minister has suggested that they are in the final stages of the nuclear talks. Sleepy Joe's energy policy has been somewhat unfathomable so far but to equip Iran with nuclear weapons in order to bring down the gasoline price.... And Zephyr have closed the Williston acquisition and now set to work on the Paradox Basin.

2022-02-17T15:04:49+00:0017 February 2022|Categories: Daily Blog|Tags: |0 Comments

Oil price, DEC, Zephyr, Lamprell, President, Prospex. And finally…

Oil was firm last week and now is seemingly waiting on The Ukraine. More good news from DEC who have closed a securitised financing and Zephyr who announce 4Q production from the Williston. Lamprell update the market as do President, Prospex have has announced a placing to buy more of the Selva field in Italy.

2022 Bucket List

2022 Bucket List.

IG Outlook 2022: UK small cap oil

The prospects remain healthy for oil stocks going into 2022. Malcy looks back and discusses the prospects for the year.

Oil price, Kistos, Savannah, Zephyr, Genel, Wentworth. And finally…

Oil is down again today as the Omnicron variant runs rampant and countries increase lockdown arrangements. Kistos has commented on a press comment that it may be in discussions with Total re West of Shetlands gas assets and Savannah has updated on its approval of its Niger licences and expects news soon on its Admission Document and return from suspension. Zephyr announces that it has a short delay in its Williston Basin acreage acquisition and Genel farms out in Somaliland. Finally Wentworth has announced that it has started the buyback that it launched on Friday.

2021-12-20T13:07:34+00:0020 December 2021|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, DEC, Zephyr, Rockhopper. And finally…

Oil continues to pick up and flare ups in the Middle East would have helped that. Diversified Energy has completed the Tapstone deal and also its banks have supported the company in the 6 monthly determination. Zephyr has had great test results at the Paradox Basin and may have significant oil and gas. Finally Rockhopper and Navitas have taken over Sea Lion and the project looks very exciting at $75 Brent.

2021-12-08T10:48:42+00:008 December 2021|Categories: Daily Blog|Tags: , , |0 Comments
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