Inventory builds kept oil down yesterday as gasoline built and demand fell away after the driving season. Eco Atlantic have been approval to drill on PEL 30, the ‘Cooper’ block and hope to drill on the Osprey prospect late next year. Plexus have won an order from Gazprom for TRT mudline suspension systems, a good start in a huge market.
Malcy talks about the following stocks: Savannah Petroleum (SAVP) , President Energy (PPC) , Eco Atlantic Oil & Gas (ECO), Rockrose Energy (RRE) , Ophir Energy (OPHR) and Hurricane Energy (HUR)
Another rise in the oil price, mainly on the inventory stats, Hurricane are moving inexorably towards first oil and Amerisur have a very good set of results. With Sound progressing in Morocco the autumn drilling is looking exciting and talking of exciting Total smash into Eco’s acreage in Guyana. and I take a look at the changes at Ophir where Alan Booth says that he is ‘no nightwatchman’.
A flash blog I’m on the move but I look at the Cairn and DGO interims and a huge CPO for Eco Atlantic.
Malcy talks about the following stocks: Hurricane Energy (HUR), Coro Energy (CORO), Eco Atlantic Oil & Gas (ECO), Fronterra Resources (FRR), SDX Energy (SDX), Far Ltd (FAR.au), Sound Energy (SOU), Amerisur Resources (AMER), Bahamas Petroleum (BPC) and Faroe Petroleum (FPM)
I discuss an ‘up’ week for oil and likely more of the same. Sound Energy stamps its Morocco acreage, Amerisur spuds what might be a big well in the ‘N’ sands and Echo updates from Bolivia and production and revenue from Argentina. Eco (Atlantic) looks like it and Tullow have something big in Guyana after Exxon announces its 9th success next door and Getech pleases with its H1 update.
The oil price fell last week but has opened better today, a narrow range is still likely. I discuss further good news from Premier as Tolmount is sanctioned, look at Eco (Atlantic) as Exxon surround them, this time in Namibia. I also look at Falcon Oil & Gas as they announce plans for the Beetaloo shale and detail my thoughts on a meeting with InfraStrata.
WTI $68.69 -92c, Brent $74.29 -25c, Diff -$5.60 +67c, NG $2.82 +4c Oil price Oil prices fell on Friday which was quite strange as most market participants including yours truly thought that most influences were positive. After all the geopolitical…
Interim bucket list The bucket list has been going now for just under three years, it started when a leading Fund Manager asked me to put together a selection of stocks that would make a decent return when the oil…
Tagged with: Amerisur Resources
, Echo Energy
, Eco Atlantic Oil & Gas
, FAR Ltd
, Faroe Petroleum
, Genel Energy
, Hurricane Energy
, Jersey Oil & Gas.
, Pantheon Resources
, Premier Oil
, President Energy
, Reabold Resources
, Rockhopper Exploration
, Savannah Petroleum
, SDX Energy
, Sound Energy
, Trinity Exploration & Production
, Victoria Oil & Gas
WTI $68.58 +$3.o4, Brent $75.55 +$2.50, Diff -$6.97 -54c, NG $2.94 -3c Oil price The Opec and Non-Opec meetings on Friday and Saturday can best be described as trying to please everyone, a strategy that rarely works but the road…