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Oil price, Predator, San Leon And finally…

Oil price, Predator, San Leon. And finally… Predator has announced results for 2020,highlights as follows. Loss from operations of £1,689,521 (2019: Loss of £1,279,243), cash balance at period end of 2020 £1,325,75 (2019: £109,716) with restricted cash of USD1,500,000 (USD1,500,000 for the period ended 31 December 2019). WTI $66.85 +64c, Brent $69.46 +59c, Diff -$2.61 -5c, NG $2.96 -2c, UKNG (July) 60.51p -3.49p Oil price Another up day yesterday and with it up a few pennies this morning it looks like the week, and incidentally likely the month, will be around 3 1/2 bucks higher with the US leading the way. Further good economic data from over the pond includes the recent GDP news with the quarterly 1.6% growth and fall in jobless numbers both indicating that the economy may be running hot after all.

Nigeria: Decklar Resources announces update to Oza-1 well re-entry

Decklar Resources has announced an update to operations at the Oza-1 well re-entry at the Oza oil field in Nigeria through the Company’s wholly-owned Nigeria-based subsidiary, Decklar Petroleum. The Oza field is located onshore in the northern part of OML 11.

Aiteo accuses Shell of theft of 16 million barrel of crude oil

Aiteo accuses Shell of theft of 16 million barrel of crude oil
nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.

Nigeria: San Leon Energy provides update on its investment in the Oza field

Nigeria: San Leon Energy provides update on its investment in the Oza field 02 Feb 2021 Further to its previous announcements, San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has provided an update on the funding arrangements by Decklar Petroleum to develop the Oza oil field in Nigeria.  When fully disbursed, the funding is expected to be sufficient to re-establish oil production and provide development funding for the Oza oil field. Update Regarding Funding Arrangements The due diligence required to finalise the term debt to Millenium Oil and Gas Company Limited, Decklar s local partner, arranged with a Nigerian bank and the trading subsidiary of a large multinational oil company active in Nigeria has progressed and the final report by the independent technical consultant that they contracted, which is based on a review of reserve and production data and financial projections, has been issued. The definitive loan d

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