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.
Tag: Petro Matad
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
Oil price, Petro Matad, IOG And finally…
WTI $73.85 +5c, Brent $78.07 +96c, Diff -$4.22 +91c, NG $2.83 -3c Oil price Yesterday it was Brent’s time to shine primarily as the Libyan NOC chairman stated that his country’s production was ‘falling every day’. With little signs of…
VOX Markets podcast: Malcy on SDX Energy, Cabot Energy, President Energy, Diversified Gas & Oil, Echo Energy, Petro Matad, Reabold Resources, Block Oil
Malcy talks about the following stocks: SDX Energy #SDX, Cabot Energy #CAB, President Energy #PPC, Diversifiend Gas & Oil #DGOC, Echo Energy #ECHO, Petro Matad #MATD, Reabold Resources #RBD and Block Oil #BLOE
Tagged with: Block Oil, Cabot Energy, Diversified Gas & Oil, Echo Energy, Petro Matad, President Energy, Reabold Resources, SDX Energy
Oil price, VOG, SDX, Petro Matad, Reabold Resources, Pantheon And finally…
WTI $66.64 +28c, Brent $76.74 +86c, Diff -$10.10 +58c, NG $2.96 +2c Oil price A bit of same old, same old as the market scrabbles for information now only eight days ahead of the Opec meeting. As I mentioned yesterday…
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