Good news for Antrim Shareholders as the company confirms what looks like a very decent discovery. Further tests will be required before they can deem it commercial but early indications look positive. Slight delays on Causeway should not upset the applecart and with further drilling via partner Premier Oil, November looks like a potential turning …
2012 October
San Leon – Czasław SL-1 well spuds on Nowa Sol concession
SLE spuds its second well on the Nowa Sol Concession. This suggests that Lelchow SL-1 well has completed as their is only one rig in use. That said – further testing is mentioned which may suggest a work over unit is now in use which would make sense. Investors would be keen to know how …
Max Petroleum – Notches up success with BCHW-1 well at Baichonas West prospect
Great news for MXP investors and about time too. It’s been a torrid year of two tales – one operational success of the shallows and the other a fudge and miscontrol over finance on the deeps. The irony is had MXP simply concentrated on the shallow prospects during 2012, the sp would have been around …
2012 Hotlist Results – Week 42
Week 42 of 2012 10 weeks left to year end and the markets feel reluctant to commit to path up or down. Earnings have in general surprised many with key players reporting decent numbers. The ‘wait and see’ pattern may be broken soon and one catalyst is certainly the US elections. A few weeks ago …
Kurdistan buzzing again as Exxon quits the south and heads north.
Kurdistan looks lively again – the buzz seems to be returning of late. There have been rumours circulating that Exxon are seeking to leave the southern region of Iraq in favour of the Northern Region of Kurdistan. This is clearly very meaningful indeed. Some sources have reported that Exxon is planning on spending around $250mln …
New World Oil and Gas – Drilling Update
It’s always refreshing to see a BoD’s working hard on communication with investors/stakeholders. Today’s update holds no significant news but does help guide and manage shareholder expectations by being very clear about the project, timings and what happens after. They are on Schedule and on Budget. How refreshing. Make a note of Nov 15th or …