Falcon Oil & Gas Archives

Oil price, IGas, President, Coro, Longboat, Africa Energy, Falcon. And finally…

Oil has rallied today after a bad day yesterday when virus worries hit markets very hard. Today there is some modest relief but don't hold your breath. IGas interims show that good management counts, President continue to succeed in workovers and the drilling programme is underway. Coro figures are irrelevant but the increase in resources at Mako is substantial whilst Longboat are patiently stalking their targets. Africa Energy raise more than expected for drilling with Total in South Africa and Falcon update the market from the Beetaloo.

Malcy2020-09-22T14:59:28+01:0022 September 2020|Categories: Daily Blog|Tags: Africa Energy, Coro Energy, Falcon Oil & Gas, IGas Energy, Longboat Energy, President Energy|0 Comments

Oil price, RockRose, iog, Block, Falcon

Oil staged a modest rally, given back this morning, as the US Senate passes the Stimulus Bill whilst Secretary Pompeo talks to MbS about global energy security. I look at RockRose who have not put results out but instead a bullish operations update, also iog who have actually announced results today. Block look like they have done a cracking deal in Georgia with the fleeing Schlumberger. Finally Falcon succumb to COVID-19 as drilling stops at Kyalla.

Malcy2020-03-26T12:34:42+00:0026 March 2020|Categories: Daily Blog|Tags: Block Energy, Falcon Oil & Gas, IOG, RockRose Energy|0 Comments

Touchstone, Reabold/UJO, Falcon, BPC

Touchstone raises £9m, Reabold/UJO slightly behind at West Newton, Falcon has more success in the NT and BPC take on £8m more debt.

Malcy2020-02-20T09:18:21+00:0020 February 2020|Categories: Flash Blog|Tags: Bahamas Petroleum, Falcon Oil & Gas, Reabold Resources, Touchstone Exploration, Union Jack Oil|2 Comments

Oil price, Sound, PetroTal, Falcon – and finally…

Oil drifted in the end last week, Iran shooting down a civil airline flight somewhat dented the passion against the Great Satan's. Sound Energy has continued to work though the EIA and sundry diligence for its work in Morocco and PetroTal Corp has yet again over-delivered against market expectations. Finally, Falcon Oil & Gas has had a minor operational delay which will be sorted by Origin sidetracking the well.

Malcy2020-01-13T12:36:48+00:0013 January 2020|Categories: Daily Blog|Tags: Falcon Oil & Gas, PetroTal Corp, Sound Energy|4 Comments

Oil price, Eco, DGO, Falcon, GKP, Reabold Resources – And finally…

Oil remains quiet after the Opec meeting probably for a little while or until trade talks falter... Eco Atlantic and JV partners are submitting the next exploration phase to the Government of Guyana but is overshadowed by Tullow's second profit warning yesterday. Ironically their acreage in Guyana is now probably the best in the portfolio and the company is bereft of CEO, Exploration director and of course dividends. DGO has announced a 3.5 cent dividend for the 3rd Q and Falcon are progressing well in the Beetaloo. Gulf Keystone has announced production numbers and the 55/- b/d has been slightly postponed but apart from that the outlook is good. Finally Reabold has commenced drilling at West Brentwood in California.

Malcy2019-12-10T12:21:42+00:0010 December 2019|Categories: Daily Blog|Tags: Diversified Gas & Oil, Eco Atlantic Oil & Gas, Falcon Oil & Gas, Gulf Keystone Petroleum, Reabold Resources|2 Comments

Oil price, Eco, Falcon, IGas – And finally ‘special’

Oil prices fell back a little but are up again this morning, pre-Opec meeting positioning is starting a full fortnight before the meeting starts. Eco Atlantic have results which are by the by, they are cashed up for exploration and appraisal next year and there is a growing industry feeling that Guyana is looking good despite slightly heavy oil. Falco has posted the first of what will be a series of results from the Beetaloo, early signs are positive. And IGas has resceduled its debt, saving $1m pa and has given upbeat fcf and production guidance.

Malcy2019-11-20T11:45:51+00:0020 November 2019|Categories: Daily Blog|Tags: Eco Atlantic Oil & Gas, Falcon Oil & Gas, IGas Energy|2 Comments

Oil price, Rose, IGas, Falcon – And finally…

Oil finished the week up but eased again today. I look at the beginnings of changes at Rose Petroleum under new CEO Colin Harrington and see how IGas are adding solid incremental value. Also a few words on Falcon after i caught up with CEO Philip O'Quigley. Finally there is a link to a long Podcast I recently did with Doc Holiday of Total Market Solutions covering a plethora of stocks.

Malcy2019-10-14T16:25:43+01:0014 October 2019|Categories: Daily Blog|Tags: Falcon Oil & Gas, IGas Energy, Rose Petroleum|2 Comments

Oil price, JOG, Premier, SDX, Getech, Falcon – And finally…

Oil is quiet ahead of the statement from Jackson Hole where Fed Chair Jerome Powell speaks later. Jersey Oil & Gas has announced another licence award with the gain of 21/2a containing the Glenn oil discovery in the Greater Buchan Area. Yesterday Premier announced results proving consistent operational success, specifically from Catcher, selling Zama and expecting Tolmount to deliver next. After that Sea Lion is the biggest growth area and elsewhere in the portfolio things are good. SDX in line with expectations, Getech continue to restructure and Falcon get the all clear to drill in the Beetaloo.

Malcy2019-08-23T12:16:54+01:0023 August 2019|Categories: Daily Blog|Tags: Falcon Oil & Gas, Getech, Jersey Oil & Gas., Premier Oil, SDX Energy|2 Comments

VOX Markets podcast: Echo Energy, Rose Petroleum, Pantheon Resources, Jersey Oil & Gas, Reabold Resources, Amerisur Resources, SDX Energy, Falcon Oil & Gas, Block Energy and Egdon Resources

Today Malcy discusses Echo Energy (ECHO), Rose Petroleum (ROSE), Pantheon Resources (PANR), Jersey Oil & Gas (JOG), Reabold Resources (RBD), Amerisur Resources (AMER), SDX Energy (SDX), Falcon Oil & Gas ...

Mariette2019-05-22T14:09:10+01:0020 May 2019|Categories: Interviews|Tags: Amerisur Resources, Block Energy, Echo Energy, Egdon Resources, Falcon Oil & Gas, Jersey Oil & Gas., Pantheon Resources, Reabold Resources, Rose Petroleum, SDX Energy|0 Comments

Oil price, SDX, Falcon, Cairn, Wentworth, Empyrean, Block, Egdon, Lekoil/San Leon And finally…

Oil firm as the Saudis hit back at the Houthi rebels. SDX reduce guidance and lose CEO Paul Welch, at Falcon they raise a bit to top up for this year and next year existing carry. All in line at Cairn with no change in guidance or plans in development and exploration. Earlier this week Wentworth updated and all is going well, yesterday Block Energy raised £12m, a solid achievement given how fast they have moved and at Egdon they raised £2.17m. Empyrean has seen gas clouds at Topaz and Jade which CNOOC say is good news and Lisa Mitchell moves from Lekoil to San Leon...

Malcy2019-05-17T12:17:52+01:0017 May 2019|Categories: Daily Blog|Tags: Block Energy, Cairn Energy, Egdon Resources, Empyrean Energy, Falcon Oil & Gas, Lekoil, San Leon, SDX Energy, Wentworth Resources|2 Comments