Another good day for oil, a weak dollar initially helped but after the Fed’s comments about the economy it firmed a bit. Also Opec+ are still producing some 1.3m less than quotas which won’t get easier.
An update from Genel shows an acquisition fund of $500m+ by the year end and PetroTal announce that the 13H well is producing at around 8,000 b/d. Longboat announced that Oswig disappointed but did find a condensate discovery to analyse more of later. Harbour made its guidance and is bringing debt down and Sound cant get the Moroccan Tax Authorities persistence.
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