Tag: Eco Atlantic Oil & Gas

Oil price, Savannah Petroleum, Eco (Atlantic) Oil + Gas And finally…

Crude oil is up sharply this morning, around a dollar but as we reach the end of the week, month and quarter most in the industry would have taken $60.32 and $68.73 today, up 30% from Dec 31st. Today we look at Savannah which is making ‘good progress’ on the Seven transaction now that the elections in Nigeria are behind us and Eco Atlantic along with partners have announced the location for their second well in Guyana.

Tagged with: ,

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).

Tagged with: , , ,

The bucket list update.

The updated Bucket List, widely differing performances but I remain confident about the picks in the main.

Tagged with: , , , , , , , , , , , , , , , ,

Oil price, Bahamas, Eco Atlantic, Serica And finally…

Oil looks like ending up on the week after Opec+ production continues to fall and risk is off right now. Bahamas Petroleum have had their licences renewed until December 2020 giving them more time to find a partner but with commitment to drill a well. Eco Atlantic are ranked 2nd in the TSX Venture 50 and I write up Serica after a meeting with CEO Mitch Flegg.

Tagged with: , ,

Eco Atlantic, Enteq Upstream

A rig booking for Eco and partners brings drilling in Guyana into sight, it will be an interesting summer. For Enteq things are clearly looking up, well deserved.

Tagged with: ,

Oil price, Sound, Eco Atlantic, Plexus, Pantheon, AAOG, AAA And finally…

Oil had a very good week, Brent particularly so, after realisation that production cuts were indeed real filtered through. Sound Energy confirm that TE-10 is indeed a discovery and have made an upward revision of net pay numbers after a report from ERCE. I met with Eco Atlantic last week and both Gil and Colin remain very upbeat ahead of the drilling in Guyana. A profit warning from Plexus this morning was down to lower margins and higher overheads whilst Anglo African Oil has got some money back from SNPC but would have preferred a higher stake in the licence. Finally a word on AAA who are getting involved in Comarco Ports in Mombasa…

Tagged with: , , , , ,

VOX Markets podcast: Malcy on Sound Energy, Genel Energy, RockRose Energy, President Energy, Eco Atlantic Oil & Gas, Igas Energy and Anglo African Oil & Gas

Today Malcy talks about the following stocks: Sound Energy (SOU), Genel Energy (GENL), RockRose Energy (RRE), President Energy (PPC), Eco Atlantic Oil & Gas (ECO), Igas Energy (IGAS) and Anglo African Oil & Gas (AAOG)

Tagged with: , , , , , ,

Oil price, Reabold, Eco Atlantic, Ophir, Touchstone And finally…

A rally in crude as China starts to ‘stabilise’ its economy. For RBD and Upland a disappointment as the Wick exploration well was dry and from yesterday a comment on Ophir and Touchstone.

Tagged with: , , ,

Oil price, Tullow/Eco, Providence Resources And finally…

A bounce from lows yesterday when WTI ducked below $50 at one stage, recovered with talk of Russian production cuts. At the Tullow CMD they bigged up Guyana, a new and ‘game changing’ project, imagine what it means for Eco Atlantic with 2/3 wells to be drilled next year. Providence have delayed Barryroe but hopefully by only a quarter.

Tagged with: , ,

Oil price, IOG, Eco Atlantic, Egdon/Europa/Union Jack And finally…

Oil prices remain weak ahead of the uncertainty that is G20 and Opec+. For IOG it’s a delay for the Blythe and Vulcan hub project until better times for financing appear and for the Wressle partners the amateur army at North Lincs Council continue to have their Luddite way…

Tagged with: , , , ,
Top