After the Opec+ meeting didnt change output oil is on the move this morning, Brent well over $80 and WTI over $72. Today I look at results from Trinity E&P and its exciting, debt free future and also President who have spudded the first of three wells on Puesto Flores. Tullow only found water bearing sandstones but the prognosis for the basin is still very optimistic.
Malcy talks about the following stocks: Savannah Petroleum (SAVP) , President Energy (PPC) , Eco Atlantic Oil & Gas (ECO), Rockrose Energy (RRE) , Ophir Energy (OPHR) and Hurricane Energy (HUR)
Another up day for oil with the bulls in charge, for the moment…Plenty of news with President making more moves in Argentina, Echo and IGas results and Chariot looking forward to spinning the drill bit in Namibia. Plenty of press comment in Niger about potential farm-outs for Savannah Petroleum and the Genel CFO reveals more good news at the Pareto conference.
After a busy week I take a look at a mixed time for the oil price after the Labor Day weekend. Amerisur is going well with production improving and a big well spudded and drilling on. Echo Energy starts the exciting process of seismic at Tapi Aike ahead of next years drilling programme which the CPR recommends highly… I interviewed Peter Levine, Chairman of President Energy this week and also chatted to James Menzies of Coro Energy. Finally after a successful raise this week I talk to Stephen Williams co-CEO of Reabold Resources.
Malcolm Graham-Wood is joined by Peter Levine, the Chairman of President Energy.
With the oil price all over the place I look at the Opec report, I also look at another excellent discovery from Savannah in Niger and write up my chat with Dr Steve Staley of Upland Resources. I also chatted to Andrew Austin Chairman of RockRose and met with Eytan Uliel of Bahamas Petroleum. Plus two links to this week’s interviews.
Tagged with: Aminex
, Bahamas Petroleum
, Genel Energy
, Hurricane Energy
, Jersey Oil & Gas.
, President Energy
, Reabold Resources
, Rockhopper Exploration
, RockRose Energy
, Savannah Petroleum
, SDX Energy
, Sound Energy
, Upland Resources
, Victoria Oil & Gas
Malcy talks about the following stocks: Savannah Petroleum #SAVP, President Energy #PPC, Zenith Energy #ZEN, Genel Energy #GENL, Faroe Petroleum #FPM and Rock Rose Energy #RRE
The oil market shows signs of tightening, gas flows for Echo in Argentina, I write up a chat with Peter Levine of President Energy and look at Sound preparing to drill in Morocco, Zenith’s big plans in Azerbaijan, Reabold spuds in the US and United get seismic in Jamaica.
In today’s flash blog I take a brief look at good news from Amerisur, another positive RNS from President and another asset acquisition from RockRose
Malcy talks about the following stocks: Amerisur #AMER, Far Limited #FAR.AU, Savannah Petroleum #SAVP, President Energy #PPC, Jersey Oil & Gas #JOG and Reabold Resources #RBD