Latest from the Blog
Oil price, Jadestone, Angus. And finally…
Oil is off a bit this morning but is up nearly $4 on the week, another good show for the asset class. Jadestone issue 2021 guidance and announce a return to investment and growth. And I interview George Lucan CEO of ANgus Energy.
Oil price, Eco Atlantic. And finally…
Oil bounced back and Brent is back over $67. Eco Atlantic has produced results and an operating update, the company looks in great shape.
Oil price, PetroTal, Savannah, Echo, Lamprell. And finally…
After a booming start to the week oil was quiet yesterday, it started well but after I published Wall Street panicked about Fed Chairman Powell and all started to fall. After the close the API stats were a mixed bag and not as good as forecast but with concerns that some oil production shut-in in Texas might never return rallied the market today. PetroTal has announced a useful set of reserves numbers with a decent upward revision. I look at Savannah where i saw an article about the Calabar power station helpful for SAVE long term. Echo has upgraded facilities in Argentina and Lamprell has won a contract from Saudi Aramco as part of the LTAP.
Oil price, Coro, i3. And finally…
After a quiet week oil is off to the races again, a combination of good virus and vaccine news from the US and continued loss of production and refining from Texas will hinder US supply for the tie being. Coro Energy has made an acquisition in SE Asia which brings with it a new CEO and the company is raising some £5m. i3 Energy has announced a good update with potential for more.
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.