Tag: Ophir Energy

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.

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VOX Markets podcast: Malcy on Faroe Petroleum, Ophir Energy, SDX Energy, President Energy, Amerisur Resources and Premier Oil

Today Malcy talks about the following stocks: Faroe Petroleum (FPM), Ophir Energy (OPHR), SDX Energy (SDX), President Energy (PPC), Amerisur Resources (AMER) and Premier Oil (PMO)

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Oil price, SDX, Ophir, Premier, Rose Petroleum And finally…

The nine day rally in the oil price ended on Friday not before chalking up some decent gains. SDX has announced an update from Egypt this morning where news from South Ramadan looks positive but needs testing to establish flow characteristics, at South Disouq post development agreement work is progressing fast to enable first production this half. Ophir have rejected the 48.5p ‘bid’ from PT Medco which technically is not a bid yet. The Sunday Times suggests that Premier might raise equity of $1.5bn to buy Chevron assets, what are they smoking?

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Oil price, Sound, Rose, Ophir, Hurricane, Savannah And finally…

Oil continues to move up, geopolitical worries in Nigeria and Gabon, and the chance of trade talks working between the USA and China. Sound Energy appear to have left the doldrums after more good news from Morocco and Rose Petroleum have published a positive study from Schlumberger. Hurricane say there’s no panic about the Aoka Mizu just waiting for a weather window and Savannah have a retail investor conference call on thursday morning.

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Oil price, Amerisur, VOG, Faroe, RockRose,Ophir And finally…

The oil price finished the year down 19% in Brent and 25% in WTI terms as world markets worry about China, either its economy or dispute with the USA over tariffs. AMER has announced a substantial discovery with ONGC which will prove very valuable, and the VOG recovery continues with final approvals for the vast Matanda block. Faroe has provided a very strong defence in its valuation document and RockRose has also provided substantial year end numbers. Finally as the oil price remains low, another bid appears in the sector this time for Ophir Energy.

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Amerisur/Gulfsands, Ophir Energy,Cabot, Faroe

Amerisur and Gulfsands have completed their deal in PUT 14 which looks good from both sides. Ophir are in the last chance saloon in Equatorial Guinea, Cabot are in financial dire straits and I take a look at the latest Faroe defence document.

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Oil price, President, Sound, Ophir, Premier, Tower And finally…

No news from Opec+ until later we think, uncertainty in the market just now. Another great well from President in Argentina and with one still drilling they will end the year on a great note. Sound have spudded TE-10 at Tendrara whilst Ophir have a good discovery and a dry hole of less importance. Premier are firing on all cylinders production wise and have also spudded the Mexico appraisal well whilst Tower now have a rig for its Cameroon well 2H 2019.

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VOX Markets podcast: Malcy on Savannah Petroleum, President Energy, Eco Atlantic Oil & Gas, Rockrose Energy, Ophir Energy & Hurricane Energy

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)

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Oil price, Hurricane, Amerisur, Sound, Eco Atlantic, Ophir And finally…

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’.

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Oil price, Premier, Ophir, Reabold, Europa And finally…

WTI $70.38 -$3.73, Brent $73.40 -$5.46, Diff -$3.02 -$1.73, NG $2.83 +4c Oil price Oil prices crashed yesterday amidst a welter of news, ironically not all bad which left traders to be frank, a bit shocked. Primarily it was the

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