Oil Man Jim Company Oil & Gas Podcast, Blog 22nd December 2019
Dec 22, 2019, 11:09 AM
Companies are now saving up their good news for next year, but there were still plenty of interesting announcements last week.
Anglo African Oil & Gas (AAOG) CEO, James Berwick, resigned on Monday and the share price now is down to around half a penny.
Another winner for shorts over the last six months is Block Energy (BLOE), which ramped up its share price in anticipation of a placing on the basis that it was producing 1,100 barrels of oil per day and didn’t need a placing.
A third disgrace is Sound Energy (SOU), which I've been calling down from the mid-40s.
A further company attracting controversy is United Oil & Gas (UOG), where some placees who were sitting on losses have gone on a ramp.
More realistic news from Touchstone Exploration (TXP) which announced strong test results from its COHO-1 well
Union Jack Oil (UJO) and Reabold Resources (RBD) announced that extended well test operations
Solo Oil (SOLO)’s production acquisition is looking uncertain.
Prospex Oil & Gas (PXOG) announced the possible acquisition of a minority stake in a Spanish gas power project.
Echo Energy (ECHO) announced mobilisation of the rig to drill the Campo Limite exploration well, which is due to spud before year-end.
I'll be back next Sunday with a full blog and podcast. In the meantime, I wish you all a very Merry Christmas.
Anglo African Oil & Gas (AAOG) CEO, James Berwick, resigned on Monday and the share price now is down to around half a penny.
Another winner for shorts over the last six months is Block Energy (BLOE), which ramped up its share price in anticipation of a placing on the basis that it was producing 1,100 barrels of oil per day and didn’t need a placing.
A third disgrace is Sound Energy (SOU), which I've been calling down from the mid-40s.
A further company attracting controversy is United Oil & Gas (UOG), where some placees who were sitting on losses have gone on a ramp.
More realistic news from Touchstone Exploration (TXP) which announced strong test results from its COHO-1 well
Union Jack Oil (UJO) and Reabold Resources (RBD) announced that extended well test operations
Solo Oil (SOLO)’s production acquisition is looking uncertain.
Prospex Oil & Gas (PXOG) announced the possible acquisition of a minority stake in a Spanish gas power project.
Echo Energy (ECHO) announced mobilisation of the rig to drill the Campo Limite exploration well, which is due to spud before year-end.
I'll be back next Sunday with a full blog and podcast. In the meantime, I wish you all a very Merry Christmas.