Oil price, Amerisur, Trinity, JOG, Reabold, Zenith, BPC – And finally…

Oil is better today but likely down to further escalation of events in the Middle East. I note the RNS from Amerisur who note that the FSP is drawing to a close and for bidders to open their cheque books. Trinity say that the Trinidad budget is a net small loser but has opened the discussion on SPT which should help. Jersey Oil & Gas had a highly successful Capital Markets Day, after which I interviewed CEO Andrew Benitz. And I mention RBD, ZEN, and BPC.

Bucket list 6 month update.

Today is the interim Bucket List with a look at performance since February, the good the bad and the ugly and with two stocks dropping out to be replaced in the list.

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.

2019-08-23T12:16:54+01:0023 August 2019|Categories: Daily Blog|Tags: , , , , |2 Comments

Oil price, JOG, Amerisur, Providence and Lansdowne, VOG – And finally…

Oil rallies sharply this morning after a bad week but one that ended with Iran seizing a British ship. JOG have been awarded a 'transformational' deal by securing the Greater Buchan area close to Verbier. Amerisur reveal that Maurel & Prom are the bidders but at 17p is far too low, Providence and Lansdowne yet again extend the deal for Barryroe as the money from APEC still hasn't arrived and my sources including Jamie Nimmo suggest that VOG is about to announce a whopping contract...

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 ...

Oil price, Echo, JOG, Rose, Reabold And finally…

Oil is strong after the Opec+ committee announced that quotas are likely to remain at next months meeting. Echo has announced that it has done a deal with CGC and is now concentrating on Tapi Aike and has materially reduced near term capital requirements which is very good news. JOG results are behind them and now with their partners they are setting about finding further prospects on the licence and looking at the extensive 3D seismic from last year. Rose Petroleum has raised money from OCE after previous donor Robert Bensh withdrew, and on better terms. With Reabold announcing commerciality of its two wells in California all we need now are the flow rates...And on that subject Pantheon is excited about the Alkaid well but still no commerciality here..

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)