Daily Blog Archives - Page 2 of 194

Oil price, DEC, SLE, Reabold, SDX, Echo. And finally…

After last week's shenanigans oil rallied yesterday but there's still plenty of economic trauma to come all over the world. The rig count was down as is retail gasoline. Another excellent quarter from DEC who created a record production and now yield some 15%, not to be missed. San Leon had a bit of good news as Decklar upped sales and Reabold have moved into long term production in Italy....SDX appoints a new CFO and Echo restructure which the market rather likes...

Malcy2023-05-09T15:39:59+01:009 May 2023|Categories: Daily Blog|Tags: Diversified Energy Company, Echo Energy, Reabold Resources, San Leon Energy, SDX Energy|0 Comments

Oil price, Sound, Union Jack, Arrow, Gran Tierra. And finally…

Oil fell again sharply as the Fed raised rates again. Today Sound Energy have finals and end the tax case in Morocco whilst Union Jack make good money on an investment. Arrow has spudded at the Carrizales Norte and I look at Gran Tierra from yesterday.

Malcy2023-05-04T14:48:10+01:004 May 2023|Categories: Daily Blog|Tags: Arrow Exploration Corp, Gran Tierra Energy, Sound Energy, Union Jack Oil|0 Comments

Oil price, IOG, Chariot, Zephyr, Arrow, SDX, Longboat, Hurricane, PTAL, EME, Angus.And finally…

Oil is weak today ahead of the Fed tomorrow. IOG talk the Blythe well, Zephyr announce good hedges and Chariot tie up with Vivo in Morocco. Arrow are in great shape and will hit targets while Longboat have JVd with Japex in Norway. SDX are partnering with Aleph on alternative energy projects, PetroTal appoint a COO and Angus update on Saltfleetby.

Malcy2023-05-02T15:26:14+01:002 May 2023|Categories: Daily Blog|Tags: Angus Energy, Arrow Exploration Corp, Chariot, Empyrean Energy, Hurricane Energy, IOG, Longboat Energy, PetroTal Corp, SDX Energy, Zephyr Energy|0 Comments

Oil price, Gulfsands, Reabold/UJO, SDX, Predator. And finally…

Oil has been week as US recession bares its teeth, but inventories are down and Opec doesnt like the IEA, neither do I...Gulfsands reiterates its Syria platform, Predator and SDX have meaningless results, Reabold updates on operations and a new buy-back.

Malcy2023-04-28T11:42:01+01:0028 April 2023|Categories: Daily Blog|Tags: Gulfsands Petroleum, Predator Oil & Gas, Reabold Resources, SDX Energy|0 Comments

Oil price, Sound, Petrofac, UOG, Tower, Trinity, GKP. And finally…

Oil fell sharply as US recession looms, Sound look closer to financing and Petrofac have rewritten the numbers. UOG have sold Maria and Jamaica appears to be a bit closer. Trinity have no growth so the Jacobin well is crucial and Tower may well be on the way in Cameroon whilst at GKP everything stops for the pipeline closure.

Malcy2023-04-27T14:58:29+01:0027 April 2023|Categories: Daily Blog|Tags: Gulf Keystone Petroleum, Petrofac, Sound Energy, Tower Resources, Trinity Exploration & Production, United Oil & Gas|0 Comments

Oil price, Kistos, Challenger, Harbour, Halliburton, Hunting.And finally…

Oil drifted on bank worries ahead of the inventory stats. I have an interview with Andrew Austin, Chairman of Kistos in today and Challenger talk about Uruguay. Finally Harbour strike off Mexico.

Malcy2023-04-26T15:37:24+01:0026 April 2023|Categories: Daily Blog|Tags: Challenger Energy Group, Halliburton, Harbour Energy, Hunting, Kistos|0 Comments

Oil price, Touchstone, UJO, EOG, Egdon, Hurricane. And finally…

Oil continued to drift, Touchstone starts at the bottom at Royston, Egdon and Europa announce results while Union Jack waits its turn. And its all over bar the shouting for Hurricane.

Malcy2023-04-24T14:35:58+01:0024 April 2023|Categories: Daily Blog|Tags: Egdon Resources, Europa Oil & Gas, Hurricane Energy, Touchstone Exploration, Union Jack Oil|1 Comment

Oil price, Savannah, Petrofac. And finally…

Oil fell again as US data indicated rate rises next month. Savannah has agreed with the Government of Cameroon for a hydroelectric project to come onstream in 2027/8 and has announced a new NED and Chair designate. And Petrofac has announced extension of its banking facilities.

Malcy2023-04-21T15:25:46+01:0021 April 2023|Categories: Daily Blog|Tags: Petrofac, Savannah Energy|2 Comments

Oil price, Savannah, Deltic, Trinity. And finally…

Oil is falling after a gathering feeling that inflationary pressures will force the Fed to raise rates next month. Today Savannah have sold a 10% stake in the COTCO Cameroon pipeline for $45m and Deltic announce results. Finally Trinity state that all is back to normal at Trintes.

Malcy2023-04-20T15:50:04+01:0020 April 2023|Categories: Daily Blog|Tags: Deltic Energy, Savannah Energy, Trinity Exploration & Production|0 Comments

Oil price, IOG, Southern, Angus, Afentra, UOG, Hurricane. And finally…

Oil drifted as the greenback rose, Chinese data though is picking up...Today IOG have some operational problems, nothing that hasnt been seen before though. Southern Energy release full year results, nothing to add to recent updates but holding back some production until prices rise again. Angus gave a brief update but all appears well at Saltfleetby whilst Afentra are looking good in Angola with things on the move there. Finally Hurricane updated, Prax still waiting there and UOG confirmed yesterday about extending their own long-stop date.

Malcy2023-04-18T18:00:39+01:0018 April 2023|Categories: Daily Blog|Tags: Afentra, Angus Energy, Hurricane Energy, IOG, Southern Energy Corp, United Oil & Gas|3 Comments