EOG Resources (EOG) has an average rating of overweight and mean price target of $160.62, according to analysts polled by FactSet.
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Afentra (AET.L) said Wednesday it was awarded a 35% operated interest in the KON4 onshore block in Angola.The interest was awarded to Afentra, alongside its local partners, Grupo Simples Oil, Sonangol E&P, Brite's Oil and Gas and Sodedurs.The Africa-focused upstream oil and gas company expects to formally sign the contract at a later date.
(Updates to add Adnoc's statement)Abu Dhabi National Oil Co., or Adnoc, is reported to have shipped another tanker carrying liquefied natural gas through the Strait of Hormuz to its destination listed as India.The loaded cargo ship reappeared northwest of Muscat, Oman, after stopping transmissions around May 2, Bloomberg News reported Wednesday, citing its ship-tracking data.An Adnoc spokesperson told, "We do not comment on the position, movements, or routing of our vessels as a matter of policy."(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Deltic Energy (DELT.L) said Wednesday it received a payment of $1 million from UK-based Dana Petroleum for costs incurred by the former under the farm-out of a 25% interest in License P2437.The AIM-listed natural resources investor will use the proceeds for its ongoing working capital requirements.