Block Energy Archives - Malcy's Blog

Oil price, PetroTal, Arrow, Scirocco, Block, Angus. And finally…

Oil is falling on the demand crisis with agencies cutting numbers but it makes sense to do what Opec+ did. A good Q3 update from PetroTal and whilst production was down a bit the outlook is very positive. Arrow continue to deliver the goods and will get better. Scirocco report good news from its EAG investment and Block slightly disappoints. Yesterday Angus upped the game some more with further good flow rates and looks set fair to me.

Malcy2022-10-13T16:33:50+01:0013 October 2022|Categories: Daily Blog|Tags: Angus Energy, Arrow Exploration, Block Energy, PetroTal Corp, Scirocco Energy|0 Comments

Oil price, Touchstone, Scirocco, Orcadian, GKP, Block. And finally…

Oil rallied a touch yesterday and has again today, the API stats were mixed the EIA are imminent. Today Touchstone are close to a major milestone and Scirocco paint a picture of the immediate future after Ruvuma. Orcadian complete the farm-out, GKP pay-down debt and I catch up late with Block's CPR.

Malcy2022-08-03T13:23:46+01:003 August 2022|Categories: Daily Blog|Tags: Block Energy, Gulf Keystone Petroleum, Orcadian Energy, Scirocco Energy, Touchstone Exploration|0 Comments

Oil price, Diversified Energy, UOG, Coro, VOG, Block, Deltic. And finally…

Oil fell back with the differential widening again. Today Diversified make a decommissioning acquisition and UOG update as do Coro. From yesterday I catch up with VOG, Block and Deltic.

Malcy2022-07-27T13:02:57+01:0027 July 2022|Categories: Daily Blog|Tags: Block Energy, Coro Energy, Deltic Energy, Diversified Energy Company, United Oil & Gas, Victoria Oil & Gas|0 Comments

Oil price, Kistos, PetroTal, SDX, Block, Getech. And finally…

Oil fell sharply yesterday as the EU dithered on sanctions...Kistos has results better than expectations and with a very positive cash flow and debt payoff potential, PetroTal has ended the dock protests. SDX has a discovery at SD-5X at South Disouq and Block has an operational update and pre-warns on fund raising whilst I cover news from Getech from yesterday.

Malcy2022-04-07T15:17:44+01:007 April 2022|Categories: Daily Blog|Tags: Block Energy, Getech Group, Kistos, PetroTal Corp, SDX Energy|0 Comments

Oil price, DEC, Eco (Atlantic), i3, Block. And finally…

DEC has closed another abs and is now set for further growth, rule nothing out. Eco has announced a gain from an investment sale but shareholders will be more excited by exploration especially after Total's recent big discovery in the Orange Basin. i3 Energy and Block both update the market.

Malcy2022-02-24T10:30:25+00:0024 February 2022|Categories: Daily Blog|Tags: Block Energy, Diversified Energy Company, Eco Atlantic Oil & Gas, i3 Energy|0 Comments

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|2 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, PetroTal, UOG, Jadestone, President, Block, Pharos, . And finally…

Oil rallied and then some after the US invoked sales from the SPR handing advantage to Opec+ ahead of the Dec2 meeting. PetroTal has some local difficulties in Peru and UOG have an extension in Jamaica. Jadestone take another 10% of Lemang and President announce a bond issue. Block has announced that gas sales from well KRT-39, located in Block XIB, have commenced and I interview Ed Story, President and CEO of Pharos Energy.

Malcy2021-11-24T16:38:37+00:0024 November 2021|Categories: Daily Blog|Tags: Block Energy, Jadestone Energy, PetroTal, Pharos Energy, President Energy, United Oil & Gas|0 Comments

Oil price, DEC, UOG, Block. And finally…

Oil will be slightly down on the week after a mix of news and Opec being somewhat more cautious. DEC announce that it has monetised some of the Haynesville assets bought in the summer and UOG have spudded again in Abu Sennan. Finally, Block have had a disappointing result at WR-B1a.

Malcy2021-11-12T12:10:47+00:0012 November 2021|Categories: Daily Blog|Tags: Block Energy, Diversified Energy Company, United Oil & Gas|0 Comments

Oil/Gas price, DEC, Genel, Block.

Oil and gas are lower after efforts to take the heat out of those market gained some ground yesterday. Another what looks like a good acquisition from DEC and Genel post further receipts from the KRG. As for Block a problem is causing problems, is 21% down so far today enough?

Malcy2021-10-07T10:04:40+01:007 October 2021|Categories: Flash Blog|Tags: Block Energy, Diversified Energy Company, Genel Energy|0 Comments