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Oil price, DEC, Challenger, Kistos And finally…

Oil price, DEC, Challenger, Kistos. And finally… Oil is having a bad time this week as the usual problem areas are getting worse not better just now. In India virus numbers continue to grow and with only 3% of the country vaccinated aint nothing gonna change anytime soon. As already mentioned the spread of the virus through Asia is happening and bets on the Olympics happening are still to be avoided. WTI $62.05 -$1.31, Brent $65.11 -$1.55, Diff -$3.06 -24c, NG $2.92 -4c, UKNG 63.21p +4.53p Oil price Oil is having a bad time this week as the usual problem areas are getting worse not better just now. In India virus numbers continue to grow and with only 3% of the country vaccinated aint nothing gonna change anytime soon. As already mentioned the spread of the virus through Asia is happening and bets on the Olympics happening are still to be avoided.

Oil price, DGOC, JOG, Jadestone, President, Hurricane And finally…

Oil price, DGOC, JOG, Jadestone, President, Hurricane. And finally… DGO has announced the $135 million conditional acquisition of certain Cotton Valley upstream assets and related facilities primarily in the state of Louisiana from Indigo Minerals, and also an operations and trading update for the quarter ended 31 March 2021. WTI $65.01 +$1.15, Brent $68.56 +$1.29, Diff -$3.55 +14c, NG $2.91 -5c, UKNG (June) 59.26p +3.76p Oil price Another good day for oil as the month comes to a close even if it is a touch lower today. The reason is that economic data from the US continues to pile on and with 1Q GDP of 6.4% and yesterday’s jobless claims falling by 13/- to 553/- markets, certainly over there were very positive.

Diversified Gas & Oil PLC acquires operations in Louisiana as first deal in new focus area

DGOC said it sees a significant opportunity to grow scale through complementary bolt-on and/or larger deals. Chief executive Rusty Hutson, in a statement, told investors that the expansion provides significant runway for DGOC to replicate its success in Appalachia – allowing the opportunity to consolidate projects to reduce unit expenses, improve margins and optimise production. He highlighted that DGOC is positioned as a “buyer of choice” in current market conditions. This first strategic acquisition outside of Appalachia also reflects our continued commitment to a consistent asset profile and valuation while affording us expanded value-accretive roll-up opportunities in this new region that will enable us to quickly build scale and drive efficiencies,” he said.

Proactive oil & gas weekly highlights: 88 Energy Ltd, Westmount Energy Ltd, United Oil & Gas PLC, Genel Energy PLC, Aminex PLC, Canadian Overseas Petroleum Ltd, Diversified Gas & Oil PLC

Proactive oil & gas weekly highlights: 88 Energy Ltd, Westmount Energy Ltd, United Oil & Gas PLC, Genel Energy PLC, Aminex PLC, Canadian Overseas Petroleum Ltd, Diversified Gas & Oil PLC
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Proactive oil & gas weekly highlights: 88 Energy Ltd, Westmount Energy Ltd, United Oil & Gas PLC, Genel Energy PLC, Aminex PLC, Canadian Overseas Petroleum Ltd, Diversified Gas & Oil PLC

Proactive oil & gas weekly highlights: 88 Energy Ltd, Westmount Energy Ltd, United Oil & Gas PLC, Genel Energy PLC, Aminex PLC, Canadian Overseas Petroleum Ltd, Diversified Gas & Oil PLC
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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