Pharos Energy Archives - Malcy's Blog

Oil price, Zephyr, Chariot, Serica, Pharos, Reabold, Helium One. And finally…

On a day that inflation send markets tumbling oil fell but was off the lows. Today Zephyr have an exciting deal that increases the value of the Paradox Basin and Chariot have interim results. Serica have operational problems at North Eigg and Pharos are looking tidy and about to restart paying dividends. Reabold have done a cracking deal on Corallian but go unrewarded in the market and Helium One are now drilling Q1 2023.

Malcy2022-09-14T15:05:25+01:0014 September 2022|Categories: Daily Blog|Tags: Chariot, Helium One Global, Pharos Energy, Reabold Resources, Serica Energy, Zephyr Energy|0 Comments

Oil price, Chariot, San Leon, Pharos, Serica. And finally…

Oil bounced back from being down 2 to finish strongly again yesterday. Chariot announce a new CPR at Lixus with a significant increase in resources. Pharos beat the whisper and are in a strong place in Egypt and Vietnam while San Leon complete the attractive loan and share stake in ELI. Finally Serica also beat the whisper with a very positive update.

Malcy2022-07-20T14:08:07+01:0020 July 2022|Categories: Daily Blog|Tags: Chariot, Pharos Energy, San Leon Energy, Serica Energy|0 Comments

Oil price, Chariot, Pharos, Hurricane, Getech. And finally…

Oil is falling due to Chinese demand, Chariot has made a good raise to develop Anchois and push on with the power business. Pharos AGM statement was good and with Vietnam kicking in later this year should be good. Getech are solidly ahead, Hurricane looks cheap as chips and could and should be taken over from here, just imagine what a wealthy parent would do with it...?

Malcy2022-05-19T13:54:07+01:0019 May 2022|Categories: Daily Blog|Tags: Chariot, Getech, Hurricane Energy, Pharos Energy|0 Comments

Oil price, Sound, Far, Getech, Pharos. And finally…

After yesterdays rise oil is down around a dollar this morning falling stocks contributed to yesterdays big rally. Today I see a good set of results and very good progress from Sound and Cath Norman has stepped down as CEO at Far. Pharos have received Ministerial approval for their farm-out inn Egypt which sets them fair for Vietnam growth.

Malcy2022-03-24T14:15:42+00:0024 March 2022|Categories: Daily Blog|Tags: FAR, Getech, Pharos Energy, Sound Energy|0 Comments

Oil price, IOG, Pharos, Empyrean. And finally…

Oil fell yesterday with various factors globally joining in. IOG has announced that Elgood has delivered first gas which is helpful and Pharos have good results and a solid statement. Today I also comment on Empyrean Energy who are finally approaching the drilling on the Jade prospect offshore China.

Malcy2022-03-16T13:04:49+00:0016 March 2022|Categories: Daily Blog|Tags: Empyrean Energy, IOG, Pharos Energy|0 Comments

Oil price, Serica, Pharos, Far, Gran Tierra. And finally…

Another up day for oil with diplomatic activity between Russia and the USA over the Ukraine unsettling markets. Serica has had another great statement after a superb year and Pharos has had another Government signature for the El Fayum Concession agreement. Finally from yesterday comments on Far and Gran Tierra.

Malcy2022-01-20T15:59:49+00:0020 January 2022|Categories: Daily Blog|Tags: FAR Ltd, Gran Tierra Energy, Pharos Energy, Serica Energy|2 Comments

Oil price, Predator, Pharos, UOG. And finally…

Oil still very firm, even the EIA can't pour water on the market. Today Predator show a positive CPR in which resource numbers and NPV solidly back up the valuation. Pharos update and announce a big board shake-up and UOG also update from Egypt.

Malcy2022-01-13T13:19:53+00:0013 January 2022|Categories: Daily Blog|Tags: Pharos Energy, Predator Oil & Gas, United Oil & Gas|0 Comments

Oil price, Sound, IOG, DEC, Pharos, UOG. And finally…

Oil has rallied in thin volume ahead of the year end and trade will get thinner as the week goes on. Today I look at Sound as it completes its Phase 1 loan note funding and IOG as they have slight technical problems at Southwark. DEC has completed the sale of the Haynesville undeveloped acreage and Pharos gets the almost final OK in Egypt. And UOG has another success in Egypt.

Malcy2021-12-29T13:23:11+00:0029 December 2021|Categories: Daily Blog|Tags: Diversified Energy Company, IOG, Pharos Energy, Sound Energy, United Oil & Gas|0 Comments

Oil price, PetroTal, UOG, Jadestone, President, Block, Pharos, . And finally…

Oil rallied and then some after the US invoked sales from the SPR handing advantage to Opec+ ahead of the Dec2 meeting. PetroTal has some local difficulties in Peru and UOG have an extension in Jamaica. Jadestone take another 10% of Lemang and President announce a bond issue. Block has announced that gas sales from well KRT-39, located in Block XIB, have commenced and I interview Ed Story, President and CEO of Pharos Energy.

Malcy2021-11-24T16:38:37+00:0024 November 2021|Categories: Daily Blog|Tags: Block Energy, Jadestone Energy, PetroTal, Pharos Energy, President Energy, United Oil & Gas|0 Comments

Core Finance CEO Interview: Ed Story, President and CEO of Pharos Energy

Malcy is joined by Ed Story, President & CEO of Pharos Energy, who began life with a position in the far east, but have evolved out of South East Asia ...

Andy-JB2021-11-24T09:32:08+00:0024 November 2021|Categories: Interviews|Tags: Pharos Energy|0 Comments