2012 September

The KRG deadline of Sept 15th ends tomorrow and it appears that the extension of the previous deadline of Sept 1st may have at last banged all heads together as an agreement now appears to be in place. Next up is the Oil&Gas law. This one is more complicated as it has ramifications on contracts …

Get your party shoes on – QE3 is here. It’s normally bullish for equities and commodities in particular as risk on trading returns due to a slosh of cash flooding into the markets. More comment and updates to follow. Great news for investors and anyone doubting the impact of QE best take a look at …

Todd Kozel CEO of Gulf Keystone summarised today’s interim report with a comment tagged on the end of the RNS…the last para read…”Gulf Keystone is now in transition from the exploration and appraisal phase to the large-scale staged development and production of the Shaikan field, which will be both challenging and exciting” END. As many …

As the dust begins to settle on the recent Chariot failure – preparations on targeting a new Namibia oil/gas target is very much underway. Earlier this year, Serica energy farmed out a slice of their acreage to BP – the same big major involved with Chariot recently. BP are doing all the 3D seismic work …

They say bad luck comes in three’s. CHAR shareholders will hope that it only comes in two’s and they have had them both. If oil was easy to find and extract – then it wouldn’t be $100 per barrel. It would be $10pb. CHAR’s duster today follows their poor luck on the earlier Nimrod well …