July 4th meant very little trade, WTI was shut and Brent drifted. Today I’m talking about Eco Atlantic who have spudded offshore Guyana, Gulf Keystone who have paid a divvi today, IGas who announced further conventional activity yesterday and a report on a meeting with Petro Matad CEO Mike Buck.
Tag: Petro Matad
Oil price, Savannah Petroleum, Jadestone Energy, United Oil & Gas And finally…
A topsy turvey week for oil as US trade wars now with Mexico spook markets and inventory figures show products building. Savannah Petroleum have moved a stage closer to completing the seven Energy deal with the UERL buy-out being closed and good progress elsewhere. I catch up with the Jadestone Energy figures and they look to be progressing very well. UOG have a new CFO but with much experience and i talk to Doc Holiday about oil stocks.
Oil price, Petro Matad, SDX, And finally…
Oil rallies a bit but nothing much has changed, I report today on the upcoming drilling programme for Petro Matad which should be exciting.
Oil price, Coro, Premier, Tower, Petro Matad And finally…
Oil eased yesterday, markets were poor and some profit taking was observed. Coro has made first completion of its Duyung PSC acquisition whilst Premier have had another excellent well result in Mexico. Tower Resources are making admirable progress with well planning in Cameroon and whilst bank debt is arranged has received a bridging loan from Chairman Jeremy Asher. Finally Petro Matad has announced two rig contracts for the summer campaign in Mongolia, running about three months behind but will still manage four wells notably the key Heron-1.
Oil price, Genel, IGas, Block, Zenith, Petro Matad And finally…
Oil fell yesterday primarily as worries about global GDP growth emerged from Dav-oh. IGas has announced the spudding of the long awaited Springs Road well and Block Energy has spudded its side-track in Georgia. Zenith is finally on the move with its kit to Azerbaijan and write up a meeting with Mike Buck, CEO of Petro Matad.
Oil price, Premier, PetroMatad, Angus, Aminex And finally…
Another good day yesterday in the oil market although some has been given back this morning after inventory figures disappointed. Premier come in with another cracking operational statement and have cut the debt by more than expected. Petro Matad announce some of their plans for 2019 drilling and Angus Energy receives a very odd letter in the post. Finally Aminex have beefed up the board and its advisors, hopefully a sign of things to come.
Oil price, Rose, President, IGas, Faroe, Petro Matad, Lamprell And finally…
An up day for oil as speculators suspected some production falling ahead of the Opec+ meeting next week. Rose Petroleum do a canny deal with Encore and their database keeping exposure, enjoying Vanadium and chance to get stuck into the Paradox Basin. President spud well three in Puesto Flores and IGas spud Tinker Lane, at long last. Faroe start their defence campaign and i comment on a dry hole for Petro Matad and a good move from Lamprell.
VOX Markets podcast: Faroe Petroleum, SDX Energy, President Energy, Amerisur Resources, Petro Matad and Rockrose Energy
Malcy talks about the following stocks: Faroe Petroleum #FPM, SDX Energy #SDX, President Energy #PPC, Amerisur Resources #AMER, Petro Matad #MATD and Rockrose Energy #RRE
Tagged with: Amerisur Resources, Faroe Petroleum, Petro Matad, President Energy, RockRose Energy, SDX Energy
Oil price, Far Limited, RockRose Energy, Petro Matad And finally…
The oil price is not assuming further geopolitical uncertainties which is more than can be said for international diplomacy at the moment. Far Limited has spudded its Samo-1 well offshore The Gambia where a success would be transformational to use an overworked term. RockRose has announce a tender for 20% of its shares at 560p, they say the company is ‘seriously undervalued’. And Petro Matad has spudded Wild Horse-1 in block IV in Western Mongolia.
VOX Markets podcast: Malcy covers Empyrean Energy, Sound Energy, Reabold Resources, Amerisur Resources & Petro Matad
Malcy discusses Empyrean #EME, Sound Energy #SOU, Reabold Resources #RBD, Amerisur Resources #AMER and Petro Matad #MATD
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