Resources & environment

Meet your Resources & environment Research team

Kenmare

Move underway

The news that the move of a major operating unit in Kenmare’s Moma mine in Mozambique is underway is good news for shareholders. It begins the final process of de-risking the event...

Tullow Oil

H1 operational stability sets scene for major business review

Tullow’s H1 report shows that it has stabilised operations and reduced costs. The second half of the year will see its new management complete a review of the optimal financial...

Kenmare

Solid first half, now it gets interesting

Kenmare has delivered a solid first-half performance in an important year for the group that will see a significant part of production shift to a new high-grade zone. This is due to...

Kenmare

A study in operational gearing – turn up the volume please

The expected financial performance of this year, defined by COVID-19 and major investment and juxtaposed with next year onwards, provides a textbook example of how operational...

Providence Resources

Continuing steady progress

The news that SpotOn Energy has put in place binding term sheets with service providers demonstrates that the planned farm-out of the Barryroe Field continues to make progress....

Kenmare

Some welcome clarity

Kenmare’s trading update for the first half of this year highlights a difficult mix of COVID-19 and a major capital project involving a logistically complex move of production facilities....

Premier Oil

Deal price reduced and creditor agreement

Premier has achieved a reduced price for its purchase of North Sea assets and has also and, arguably more importantly, achieved agreement with its largest creditor (and holder of a...

Oil and gas

Certainly down, but is it out?

A one-two combination of energy greening and COVID-19 has created the toughest conditions for the oil market in a very long time. There is a sense that it’s all over for the commodity....

Premier Oil

Tough times

It is a tough market all round for the oil industry and Premier Oil is no exception. It is dealing with low oil prices and COVID restrictions, like the rest of the industry, but is also...

Tullow Oil

Uganda deal a major step in the right direction

Coming on the heels of a successful debt re-determination and confirmation of new CEO leadership, the Uganda deal is a major step in the right direction. It also points to the fact...