Smaller independents release bullish updates
UK-listed independents get busy
Shareholder antipathy towards oil and gas is no stumbling block to activity
The consensus view is that European investors have fallen out of love with hydrocarbons and that producers get little affection in its equity markets. But that belies a reality where there remain large numbers of oil and gas firms listed in Europe, including a slew of smaller independents in London. And several of these firms have shrugged off their unfashionable reputation with bullish updates thus far in January, including Eco Atlantic’s southern Africa acquisition, Chariot’s promising find in Morocco and SDX Energy bringing on new production in Egypt. But they are not alone. Georgia-focused Block Energy completed its JKT-01Z well in early January 2022 and reports that “considerable mud lo
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
