Tag: Premier Oil

Oil price, JOG, Premier, SDX, Getech, Falcon – And finally…

Oil is quiet ahead of the statement from Jackson Hole where Fed Chair Jerome Powell speaks later. Jersey Oil & Gas has announced another licence award with the gain of 21/2a containing the Glenn oil discovery in the Greater Buchan Area. Yesterday Premier announced results proving consistent operational success, specifically from Catcher, selling Zama and expecting Tolmount to deliver next. After that Sea Lion is the biggest growth area and elsewhere in the portfolio things are good. SDX in line with expectations, Getech continue to restructure and Falcon get the all clear to drill in the Beetaloo.

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Oil price, Premier, Reabold, AAOG – And finally…

All was well in the oil market until rumours of a deal between the US and Iran over their missile programme knocked two dollars off the price in minutes. When it turned out that Iran insisted that the US don’t sell any more arms to Saudi Arabia the joke wore a bit thin. Today I look at another excellent update from Premier where all is soon to be cooking on Tolmount gas. The Anglo African funding goes ahead, what was the alternative and Reabold announce completion of the Parta Exploration licence farm-in.

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Oil price, President, IGas/Egdon, Premier, Serica, Hunting, Wentworth And finally…

Oil surged on strong inventory data and short closing by money managers. Stock wise, President have a very positive AGM statement, IGas have a very psoitive find at Springs Road, Premier up their numbers at Zama, Serica are positive in their AGM statement, Hunting’s update is pretty good and Wentworth cut guidance which disappoints.

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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.

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Genel Energy, Premier Oil and Diversified Gas & Oil

An AGM statement today from Genel where operations are clearly going very well: total net WI production is 37,600 bopd running slightly ahead of the expected increase in y/y production. Very little to add for Premier at today’s AGM, operationally all is going well, indeed with production of 80.1 kboed the company has seen fit to up its guidance to 75-80 kboed. Today’s update from Diversified Gas & Oil shows Q1 production of 69/- b/d in line with the year end and April production of 70/- b/d.

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Core Finance CEO interview: Tony Durrant of Premier Oil

Today Malcy talks to Tony Durrant, CEO of Premier Oil.

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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.

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Sound, Premier,

Sound keeping shareholders up to date with the Morocco GSA today and Premier results, not much new to add to trading statement but operationally going well.

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Savannah, Premier

A raise from Savannah this morning as the Seven Energy deal nears completion. For Premier a successful appraisal of the Zama discovery adds to recent operational excellence.

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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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