Latest from the Blog
Oil price, Sound, Molecular, Predator.
Oil takes a breather as WTI October contract expires bur stocks are down. Sound are very positive about things going very well at Tendrara and Molecular Energies looks very exciting. Predator reported the other day, interims show much going on in Morocco as well.
Oil price, Zephyr, UJO/ Beacon, Longboat.
Oil pauses after a 50% run up, at the WPC in Calgary Abdul Aziz lays out the 3 P plan. Zephyr note market rumours that the Dominion gas pipeline is nearly operational and be ready for their gas in due course. Union Jack announces a 3.1% stake in Beacon and hopes to work with them in Germany whilst Longboat find uncommercial gas at Velocette but there may be more to this story.
Flash blog: DEC, Chariot, Serica, Jadestone.
DEC confirm dividend pricing in sterling and Chariots results show progress across the board. Serica is looking very strong and is now a serious dividend payer while Jadestone has seemingly put Montara behind it.
Flash blog: DEC, Touchstone, Arrow, Afentra, Orcadian.
Touchstone hit first gas production targets at Cascadura, DEC have had a re-shuffle of the executive and NED board and Arrow have brought on CN-3 as expected. Afentra are back from suspension with the admission document out today and Orcadian, fingers crossed have farmed-out most of the Pilot project.
Disclaimer: Malcy’s Blog is provided for general information about the international oil and gas industry and the companies that operate within it. It does not constitute investment advice and Malcy does not buy or sell shares, warrants or bonds in any company written about within the blog. Information is taken from publicly available sources and any comment is that of the author who does not take any third party comment in the publication.