Coro/Ophir You get one bid for Ophir and three come along (albeit I am aware that the last two were ‘indications ‘ ) rather proving that there was more interest in the company that even its own board had imagined.…
Blog Archive
Genel Energy, Hurricane Energy
Genel Energy Genel has announced a very strong set of results, as expected with the ongoing and material cash flows visible throughout the year. This cash flow has sufficient strength to invest in the opportunities in the portfolio, some of…
Core Finance CEO interview: Steve Bowler of IGas Energy
Malcy’s interview with Steve Bowler, CEO of IGas Energy:
Tagged with: IGas Energy
VOX Markets podcast: Eco Atlantic Oil & Gas, Range Resources, Bahamas Petroleum and Hurricane Energy
Malcy talks about the following stocks: Eco Atlantic Oil & Gas (ECO), Range Resources (RRL), Bahamas Petroleum (BPC) and Hurricane Energy (HUR).
Oil price, Eco Atlantic, Range Resources And finally…
The oil price ended the week in positive territory with calming comments from the Saudis about Opec+production. Eco Atlantic has announced a new CPR with substantially increased resources and still looks very undervalued. Range Resources meantime has restructured the balance sheet again and is looking to buy a pre-school education business in China….
Oil price, Bahamas Petroleum And finally
Oil will finish the week up after inventory draws and Opec production being lower than expected, down to 30.5m b/d in February apparently. Bahamas Petroleum has raised $2.54m at a deep discount to keep itself going and in the hope that it can find a farm-in partner.
Tagged with: Bahamas Petroleum
Oil price, Petrofac, Far, Touchstone, And finally…
The oil price is steady with positive fundamentals helping out and the chartists like the look of it too if it consolidates above these levels. Petrofac announced a big contract in Algeria yesterday which makes them even more undervalued whilst Far’s annual report is full of goodies. Finally Touchstone has an operational update with good production numbers and preparing to drill at Ortoire.
Predator/Columbus
On the road again today but couldn’t avoid seeing the excellent news from Predator Oil & Gas with respect to their CO2 EOR project in Trinidad.
VOX Markets podcast: Victoria Oil & Gas, Igas Energy, Egdon Resources, Amerisur Resources, Rockrose Energy, Independent Oil & Gas and Reabold Resources
Malcy talks about the following stocks: Victoria Oil & Gas (VOG), Igas Energy (IGAS), Egdon Resources (EDR), Amerisur Resources (AMER), Rockrose Energy (RRE), Independent Oil & Gas (IOG) and Reabold Resources (RBD)
Oil price, Coro/Empyrean, IGas/Egdon, Reabold, Cairn And finally…
After a mixed and apparently turbulent week in the oil market the price ended up although less that a dollar. Right now WTI has rallied by 60 cents and Brent by 72c. Today Coro and Empyrean get their Plan of Development for the Mako field offshore Indonesia, good for monetising the gas. IGas and Egdon have announced that at Springs Road ‘significant gas indications were observed’, could this see the East Midlands start to become our own Dallas? Reabold bounce back from Friday’s duster to find in excess of 60m of pay at the Monroe Swell which will be very valuable whilst Cairn now have to wait until the end of the year at best to find out arbitration news.
Tagged with: Cairn Energy, Coro Energy, Egdon Resources, Empyrean Energy, IGas Energy, Reabold Resources
