Daily Blog Archives - Malcy's Blog

Oil price, IOG, UJO/Egdon, Capricorn, Trinity, President, Block. And finally…

Yesterday, as I reported, oil joined in the panic about recession with markets all over the place. Today Wall Street has fallen again ahead of the Fed tomorrow but this time oil has bucked the trend and is about 50 cents higher. IOG has updated and despite a few technicals first gas is not far away. Union Jack and Egdon have decided to submit an appeal against the refusal of planning permission by Lincolnshire County Council (LCC) on 1 November 2021, for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site. Capricorn update the market as do Trinity and President. Finally I catch up with Block after yesterday's announcement.

Malcy2022-01-25T15:40:51+00:0025 January 2022|Categories: Daily Blog|Tags: Block Energy, Capricorn Energy, Egdon Resources, IOG, President Energy, Trinity Exploration & Production, Union Jack Oil|0 Comments

Oil price, Savannah, Advance, GKP, SDX, Lamprell, Chariot. And finally…

Oil stayed high last week but markets are panicking about recession ahead of the Fed meeting on Wednesday. A positive update from Savannah Energy and Advance say how disappointing Buffalo-10 was. Gulf Keystone have an operations update which is like the curates egg. SDX have spudded the second well at Meseda and Lamprell have a potentially large wind client.

Malcy2022-01-24T17:04:14+00:0024 January 2022|Categories: Daily Blog|Tags: Advance Energy, Chariot, Gulf Keystone Petroleum, Lamprell, Savannah Energy, SDX Energy|0 Comments

Oil price, Serica, Pharos, Far, Gran Tierra. And finally…

Another up day for oil with diplomatic activity between Russia and the USA over the Ukraine unsettling markets. Serica has had another great statement after a superb year and Pharos has had another Government signature for the El Fayum Concession agreement. Finally from yesterday comments on Far and Gran Tierra.

Malcy2022-01-20T15:59:49+00:0020 January 2022|Categories: Daily Blog|Tags: FAR Ltd, Gran Tierra Energy, Pharos Energy, Serica Energy|2 Comments

Oil price, Advance, Union Jack/Egdon/Europa, Longboat. And finally…

Oil continues to rise and is heading to $90, looks good to me. Egdon as operator and Union Jack and Europa have had a great valuation for Wressle which more than franks the share prices. Longboat have been awarded a licence under the Norwegian APA licensing round. Finally Advance have announced that the Buffalo-10 well looks disappointing, they are still on site but the market doesn't like it...

Malcy2022-01-19T16:00:15+00:0019 January 2022|Categories: Daily Blog|Tags: Advance Energy, Egdon Resources, Europa Oil & Gas, Longboat Energy, Union Jack Oil|0 Comments

Oil price, Genel, Sound, Chariot.

Oil is up again after the Yemeni action against the UAE. Genel has announced a strong trading update and Sound has announced that it is them who are one of the bidders for Angus. Finally, Chariot have had another really good testing time at Anchois which looks set very well indeed.

Malcy2022-01-18T16:23:34+00:0018 January 2022|Categories: Daily Blog|Tags: Chariot, Genel Energy, Sound Energy|0 Comments

Oil price, PetroTal, Angus, Union Jack, Reabold, Hurricane. And finally…

Oil was up just under 5 bucks last week, quiet today for Martin Luther King day. A great update from PetroTal who are breaking all production numbers and \angus who have had at least 6 intentions of interest in their assets. Reabold and Union Jack announced initial results of analysis of the West Newton Extended Well Test programme carried out in the second half of 2021 by RPS Group and the results of analysis carried out on fluids produced to surface. Finally Hurricane are starting to look like the good thing that they were.

Malcy2022-01-17T13:27:00+00:0017 January 2022|Categories: Daily Blog|Tags: Angus Energy, Hurricane Energy, PetroTal Corp, Reabold Resources, Union Jack Oil|0 Comments

Oil price, Advance Energy. And finally…

Oil is still strong, this morning Brent is up another dollar and well over $85. Advance Energy keep the market updated on Buffalo.

Malcy2022-01-14T10:58:15+00:0014 January 2022|Categories: Daily Blog|Tags: Advance Energy|0 Comments

Oil price, Predator, Pharos, UOG. And finally…

Oil still very firm, even the EIA can't pour water on the market. Today Predator show a positive CPR in which resource numbers and NPV solidly back up the valuation. Pharos update and announce a big board shake-up and UOG also update from Egypt.

Malcy2022-01-13T13:19:53+00:0013 January 2022|Categories: Daily Blog|Tags: Pharos Energy, Predator Oil & Gas, United Oil & Gas|0 Comments

Oil price, Genel, Union Jack, Block. And finally…

Oil is quiet again and is staying right in the middle of the range. Today Union Jack have a very positive update out on Wressle and Genel announce that CFO Esa Ikaheimonen is leaving after the results. Finally Block has an update in which progress is being made.

Malcy2022-01-11T14:04:36+00:0011 January 2022|Categories: Daily Blog|Tags: Block Energy, Genel Energy, Union Jack Oil|0 Comments

Oil price, Chariot, IOG, Eco, IGas. And finally…

Oil is in reasonable nick staying around $80. Chariot has made a significant gas discovery at Anchois and Eco Atlantic has acquired Azinam, with stock. IOG have had a small set back in Southwark and IGas have appointed a new NED to take over as Chairman from Cuth McDowall.

Malcy2022-01-10T15:42:07+00:0010 January 2022|Categories: Daily Blog|Tags: Chariot, Eco Atlantic Oil & Gas, IGas Energy, IOG|0 Comments