Oil may end up on the week, this evening in Washington may thankfully be after the close… Chevron walk away from Anadarko bid with a $1bn wallet warmer. InfraStrata are in discussions with off-take partners that might delay phase 1 of the deal but bring forward phase 2. I speak to Ahmet Dik, CEO of VOG about the ENEO payments and receive some comfort and theres a link to an interview commenting on 9 companies.
Tagged with: Amerisur Resources
, Chariot Oil & Gas
, Echo Energy
, Eco Atlantic Oil & Gas
, Hurricane Energy
, Predator Oil & Gas
, President Energy
, SDX Energy
, Sound Energy
, Victoria Oil & Gas
Aminex are fighting hard to get back into favour and the current plan looks most interesting. Genel has let its Bina Bali and eventually it’s Miran licences-will also lapse and will be renegotiated on updated and agreeable terms. Finally Predator is firing on all cylinders in Morocco, Trinidad and in Ireland.
Malcy talks about the following stocks: Coro Energy (CORO), Predator Oil & Gas (PRD), Hurricane Energy (HUR), Reabold Resources (RBD), Upland Resources (UPL) and Serica Energy (SQZ)
Oil was mixed, WTI fell on poor inventory numbers and high imports while Brent rose on Iranian waiver panic. Predator has announced what seems like a great CPR on the onshore Morocco acreage with significant long term profitable potential and figures from Wentworth show good production from Mnazi Bay but after all the recent changes what does the future hold?
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)
Oil eased yesterday after the IMF cut global growth forecasts, but that’s not much to worry about. After the close a mixed set of API stats pushed the market higher with solid gasoline and distillate demand. This morning there is more news from Chariot who in their announcement give more details about the exciting new Lixus licence in Morocco. And Predator receive an extension to 16/30 and have commissioned a new CPR on Ram Head which might be a ‘game changer’.
On the road again today but couldn’t avoid seeing the excellent news from Predator Oil & Gas with respect to their CO2 EOR project in Trinidad.