Morning Note – 10 September 2024

SP Angel Morning Energiser: 03/09/24

UK auction awards CfDs for 9.65GW of renewables

Morning Note – 2 September 2024

Oil & Gas - Cavendish sector note

Falcon Oil & Gas, Longboat Energy, Sunda Energy, Hunting, Gulf Keystone Petroleum, Arrow Exploration, Helium One, Helix Exploration, Prospex Energy, Eco (Atlantic) Oil & Gas, Woodside Energy Source: FactSet, weekly change 26/08/2024-30/08/2024 Oil fell sharply as traders priced in expectations that OPEC+ will proceed with previously announced output hikes in the fourth quarter. West Texas Intermediate fell 3.1% to settle at $73.55 a barrel. Several delegates within the OPEC+ coalition said this

SP Angel Morning Energiser: 30/08/24

European gas prices rise during maintenance season

Oil & Gas - Cavendish sector note

Longboat Energy, Baron Oil, Falcon Oil & Gas, Tamboran Resources, Energean, Arrow Exploration, Enwell Energy, Gulf Keystone Petroleum, UK Oil & Gas. Source: FactSet, weekly change 17/06/2024-21/06/2024 Oil fell after futures crossed into overbought territory, although crude still notched a weekly gain amid shrinking US stockpiles and signs of rising fuel demand. West Texas Intermediate dropped about 1% to slip below $81 a barrel on Friday. Crude had edged into overbought territory on Thursday af

Oil & Gas - Cavendish sector note

88 Energy, Falcon Oil & Gas, Afentra, Touchstone Exploration, Trinity Exploration & Production, Sound Energy, Serica Energy, Star Energy, Southern Energy Corp, Ithaca Energy, i3 Energy, Equinor ASA, OKEA ASA, Aker BP, Galp Energia, Var Energi, TotalEnergies, Eni SpA, Repsol SA, ExxonMobil, Chevron Source: FactSet, weekly change 22/04/24-26/04/24 Oil rose this week amid signs of a tightening physical market while traders continue to assess lingering Middle East risks. West Texas Intermediate edge

SP Angel Morning Energiser: 26/04/26

Hopes for natural gas price improvement

Morning Note – 26 April 2024

Morning Note – 22 April 2024

Falcon Oil & Gas - Funding a Multi TCF Resource

Falcon has raised gross proceeds of US$8.9m via a placing and subscription at a price of 6p/share and the granting of overriding royalty interests. The net proceeds, together with Falcon’s existing cash resources (cUS$4.3m) will be used to fund Falcon’s net share of 2024 capex (cUS$9m) associated with the 40MMscf/d Shenandoah South Pilot Project, including the drilling, stimulation, and flow testing of two 10,000ft horizontal wells. The funds will also enable Falcon to fund its share of the cost

Oil & Gas - Cavendish sector note

Falcon Oil & Gas, Parkmead Group, 88 Energy, Westmount Energy, Baron Oil, Molecular Energies, Empyrean Energy, Coro Energy, Tethys Oil, Ithaca Energy, Pharos Energy, EnQuest, Genel Energy, Wood Group, Capricorn Energy, Arrow Exploration, Valeura Energy, Bowleven, i3 Energy. Source: FactSet, weekly change 25/03/24-28/03/24 Oil scored a 16% quarterly gain in the latest sign that export curbs by OPEC and its allies are reining in global supplies. West Texas Intermediate futures closed above $83 a b

TENNYSON Morning news - Falcon Oil & Gas - Beetaloo update

Morning Note – 26 March 2024

SP Angel Morning Energiser: 25/03/24

US gas rig count reaches new low