Malcy chats to Julian Maurice-Williams, the CFO for Chariot Oil and Gas about the companies upcoming discoveries and future extraction plans.
Oil is flat again after Chinese growth worries and trade concerns ahead of the G20 meeting. Today I talk about Sound Energy who are doing a modest raise and Hurricane who have produced and sold its first cargo of oil from the Lancaster EPS. Finally I look at Chariot where they are moving fast to look at development alternatives for the Anchois Gas Field in the Lixus licence offshore Morocco.
A topsy turvey week for oil as US trade wars now with Mexico spook markets and inventory figures show products building. Savannah Petroleum have moved a stage closer to completing the seven Energy deal with the UERL buy-out being closed and good progress elsewhere. I catch up with the Jadestone Energy figures and they look to be progressing very well. UOG have a new CFO but with much experience and i talk to Doc Holiday about oil stocks.
VOX Markets podcast: Malcy on Hurricane Energy, Chariot Oil & Gas, Jadestone Energy, Victoria Oil & Gas and Rockrose Energy
Malcy talks about the following stocks: Hurricane Energy (HUR), Chariot Oil & Gas (CHAR), Jadestone Energy (JSE), Victoria Oil & Gas (VOG) and Rockrose Energy (RRE)
Oil price, Chevron/Anadarko/Occidental/Total, Anadarko, Infrastrata, Victoria Oil & Gas And finally…
Oil may end up on the week, this evening in Washington may thankfully be after the close... Chevron walk away from Anadarko bid with a $1bn wallet warmer. InfraStrata are in discussions with off-take partners that might delay phase 1 of the deal but bring forward phase 2. I speak to Ahmet Dik, CEO of VOG about the ENEO payments and receive some comfort and theres a link to an interview commenting on 9 companies.
Chariot have had further good news from Lixus today, the new CPR adding more to its potential and the shares are undervalued with 4p of cash not to be forgotten. CEO of Genel Bill Higgs has bought 35/- shares in the market which we like and VOG have a very positive 1Q update.
VOX Markets podcast: Jersey Oil & Gas, Genel Energy, Rose Petroleum, Chariot Oil & Gas, Predator Oil & Gas and Amerisur Resources
Today Malcy talks about Jersey Oil & Gas (JOG), Genel Energy (GENL), Rose Petroleum (ROSE), Chariot Oil & Gas (CHAR), Predator Oil & Gas (PRD) and Amerisur Resources (AMER)
Oil eased yesterday after the IMF cut global growth forecasts, but that's not much to worry about. After the close a mixed set of API stats pushed the market higher with solid gasoline and distillate demand. This morning there is more news from Chariot who in their announcement give more details about the exciting new Lixus licence in Morocco. And Predator receive an extension to 16/30 and have commissioned a new CPR on Ram Head which might be a 'game changer'.
VOX Markets podcast: Chariot Oil & Gas, Jersey Oil & Gas, Amerisur Resources, Hurricane Energy, Block Energy, Diversified Gas & Oil, Gulf Keystone Petroleum and Genel Energy
Today Malcy talks about the following stocks: Chariot Oil & Gas (CHAR), Jersey Oil & Gas (JOG), Amerisur Resources (AMER), Hurricane Energy (HUR), Block Energy (BLOE), Diversified Gas & Oil ...
Oil continues to rally as supply remains down and demand is stable. Chariot has acquired the Lixus licence offshore Morocco which brings a gas discovery and re-balances its risk profile with plenty of upside. JOG has announced that the Verbier appraisal did not encounter the Upper Jurassic sands as expected but the company will continue to work on the 3D seismic survey and Cortina amongst others. Soco has announced that the Merlon deal has completed and IOG has announced its promised Open Offer to shareholders.