Oil may not end the week up, it’s a close call this week but as we see the end of the month February was up 6-8.5% for WTI and Brent and they are both up over 26% so far on the quarter and ytd. Pantheon and partners may not have had success at Winx-1 but for them the Alkaid well test which is next is crucial… From yesterday when both Petrofac and Hunting provided excellent figures and also good news from Genel who got KRG approval for the Chevron deal.
The updated Bucket List, widely differing performances but I remain confident about the picks in the main.
Tagged with: Amerisur Resources
, Echo Energy
, Eco Atlantic Oil & Gas
, FAR Ltd
, Genel Energy
, Hurricane Energy
, Jersey Oil & Gas.
, President Energy
, Reabold Resources
, Rockhopper Exploration
, Savannah Petroleum
, SDX Energy
, Serica Energy
, Sound Energy
, Trinity Exploration & Production
, Victoria 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)
It has been a good week for oil, production quotas are being adhered to and there are some geopolitical worries around too. Another good announcement from President shows just what a good year 2018 was, with more to come i shouldn’t wonder, I have interviews in the blog today from Bill Higgs, COO Genel and James Menzies CEO of Coro Energy. Meanwhile the Sun are reporting on a success by IGas which adds to some good UK onshore finds, not before time…
Today Malcolm Graham-Wood is joined by Bill Higgs, COO of Genel Energy.
Tagged with: Genel Energy
Disappointing News from Echo in Argentina but with plenty of news to come particularly in Tapi Aike. Another good reserves report from Genel and a cracking update from RockRose.
Malcy talks about the following stocks: Coro Energy (CORO), Solo Oil & Gas (SOLO), Aminex (AEX), Genel Energy (GENL), SDX Energy (SDX), Savannah Petroleum (SAVP), Amerisur Resources (AMER), President Energy (PPC), Anglo-African Oil & Gas (AAOG)
Oil was quiet last week with the Chinese New Year and is off small time today. Coro has announced a very smart deal to add to its Far East portfolio with decent reserves and step-out exploration upside. Solo Oil has announced further rearrangement and restructuring with Chairman Alastair Ferguson taking on an executive role and Gneiss Energy providing two heavyweight advisors. Genel has updated Tawke reserves where P1 number are unchanged which is a good performance. Finally after the Brulpudda discovery bt Total last week Tower Resources confirm that the farm-out of their adjacent block goes ahead….
With oil prices under pressure after news that the US/Sino trade talks at senior level won’t happen until after the March 1st deadline and that Libya may come back the price is flat today. Aminex and Zenith have both raised modest amounts of money. SDX has acquired two more potentially very valuable blocks in the Gharb Basin and Genel reported good production from Tawke. Finally Utd Oil & Gas and Prospex reported a positive CPR from Italy.
Oil prices drifted off but remains pretty solid, Opec+ production is falling. The Wressle partners are back submitting yet another planning appeal although what N Lincs council will do is anyone’s guess. Savannah Petroleum has signed the Seven Energy Implementation agreement, not long now before completion…Amerisur spuds the second well off the Indico pad and watch an incredible interview with John Wardle on the link today. Genel also proving that there is life at Taq Taq with TT-32 and the horizontal TT-20z due to complete this month. Finally good news at Aminex where the excellent John Bell takes over as Chairman.