President Energy Archives

Oil price, IOG, Premier, Reabold, Tower, BPC, President, VOG, Pharos, SDX -And finally…

It seems that despite the occasional up day like today most are down, except the shipping market which is like Christmas Day at the moment. Today i look at iog with a very decent plan for the project, Premier which like others is struggling, Reabold with cheap production in California, Tower an up to date CPR, President with prices in Argentina might be sticking, VOG with new CEO Roy Kelly, Pharos looking ok but Egypt might take the brunt and a success for SDX. And BPC who have delayed their well...

Malcy2020-03-13T14:47:31+00:0013 March 2020|Categories: Daily Blog|Tags: Bahamas Petroleum, IOG, Pharos Energy, Premier Oil, President Energy, Reabold Resources, SDX Energy, Tower Resources, Victoria Oil & Gas|0 Comments

President Energy

President announce that the new Rio Negro pipeline and infrastructure is complete.

Malcy2020-03-03T15:13:28+00:003 March 2020|Categories: Flash Blog|Tags: President Energy|0 Comments

February Bucket list update…

It's Bucket List time and the February update is out today, cue trauma.....

Malcy2020-02-24T17:45:32+00:0024 February 2020|Categories: The Bucket List|Tags: Amerisur Resources, Aminex, Chariot Oil & Gas, Echo Energy, Eco Atlantic Oil & Gas, Far Limited, Genel Energy, Hurricane Energy, Jersey Oil & Gas., PetroTal Corp, Predator Oil & Gas, President Energy, Reabold Resources, Rockhopper Exploration, RockRose Energy, Savannah Petroleum, SDX Energy, Serica Energy, Trinity Exploration & Production, Victoria Oil & Gas|8 Comments

Wentworth, Eco, President

Swift comment on a good update from Wentworth, a good CPR from a Eco Atlantic and positive news from President.

Malcy2020-02-03T09:40:03+00:003 February 2020|Categories: Flash Blog|Tags: Eco Atlantic Oil & Gas, President Energy, Wentworth Resources|4 Comments

Oil price, Trinity, Echo, Far, President, Touchstone, Lamprell – And finally…

Oil has rallied for a number of reasons but Libya is getting pretty lively. Trinity have, as usual a very positive update across the board while Echo also seems to be becoming interesting at the Santa Cruz Sur. Far has gone ahead with its FID for Senegal and is now sorting out the financing which seems nearly all done. President has tapped Trafigura who are injecting money into this well run company and Lamprell confirms the two jackup orders. Finally Touchstone testing an oil play now have a 'liquids rich' structure.

Malcy2020-01-20T14:40:55+00:0020 January 2020|Categories: Daily Blog|Tags: Echo Energy, Far Limited, Lamprell, President Energy, Touchstone Exploration, Trinity Exploration & Production|2 Comments

Oil price, Genel, President, Block – And finally…

Oil fell but not as much as it might have after production rises from the KSA and the USA. An upbeat trading and operational update from Genel this morning where cash flow is very strong, funding capex, dividends and probably more M&A as well. The Sarta development proceeds incredibly fast and hoping for production next year. President update the market as they start to put gas through their own pipeline which is to be expanded by January. Finally it may be worth taking a look at the Block Energy shareholder list as well known predator Jon Fitzpatrick declares a stake to add to that of Alistair Ferguson, Chairman of Solo (Scirocco)...

Malcy2019-11-01T10:58:44+00:001 November 2019|Categories: Daily Blog|Tags: Block Energy, Genel Energy, President Energy|0 Comments

Oil price, Echo Energy, PetroTal, DGO, President Energy – And finally…

Oil drifted with the IMF cutting GDP forecasts again. A smart move by Echo Energy as they buy some production with upside to add to the now more balanced portfolio. At PetroTal the 4H horizontal well has come in above expectations and 20% cheaper than budget and with investments in the production facility capacity is rising. DGO are continuing to up their governance game ahead of joining the premium part of the LSE and President has done a smart deal taking more gas through its pipeline and also some oil, for nothing and the seller is buying $1.825m of President's stock.

Malcy2019-10-21T13:37:14+01:0021 October 2019|Categories: Daily Blog|Tags: Diversified Gas & Oil, Echo Energy, PetroTal Corp, President Energy|1 Comment

Bucket list 6 month update.

Today is the interim Bucket List with a look at performance since February, the good the bad and the ugly and with two stocks dropping out to be replaced in the list.

Malcy2019-08-30T13:14:34+01:0030 August 2019|Categories: The Bucket List|Tags: Amerisur Resources, Aminex, Chariot Oil & Gas, Echo Energy, Eco Atlantic Oil & Gas, Far Limited, Genel Energy, Hurricane Energy, Jersey Oil & Gas., President Energy, Reabold Resources, Rockhopper Exploration, RockRose Energy, Savannah Petroleum, SDX Energy, Serica Energy, Sound Energy, Trinity Exploration & Production, Victoria Oil & Gas|6 Comments

Oil price, Rockhopper, IOG, EOG, Reabold, Far, President, Cairn, Jadestone – And finally…

Oil drifts further despite more stock draws, the EIA will be important later. Today I comment on Rockhopper who have a well result for United and IOG who have spudded Harvey at last. EOG have converted LO 16/20 into FEL 4/19 but still have no farm-out. Reabold have spudded in Romania and I catch up from yesterday with Far Limited where CNOOC has acquired 55.5% of Svenska's interest in Guinea-Bissau. Also from yesterday another upbeat statement from President, Cairn sells half of its stake in Nova and Jadestone get the final all clear for Montara.

Malcy2019-08-07T11:55:09+01:007 August 2019|Categories: Daily Blog|Tags: Cairn Energy, Europa Oil & Gas, Far Limited, Independent Oil & Gas, Jadestone Energy, President Energy, Reabold Resources, Rockhopper Exploration|0 Comments

Oil price, IOG, Block, Range, President -And finally…

A quiet end to the oil week but it will be an up week by around a dollar or so. Today IOG reveal their farm-out for their SNS Core Project to CalEnergy who have extracted some pretty good terms for their financing and IOG are having to restructure debt as well. Block have disappointed with flow rate at West Rustavi and Range Resources have dissed pre-school educashun and may be looking at Oil & Gas again, but where? Finally from yesterday when President announced a great offtake deal with Trafigura that pays down a fair amount of high interest debt.

Malcy2019-07-26T12:03:24+01:0026 July 2019|Categories: Daily Blog|Tags: Block Energy, Independent Oil & Gas, President Energy, Range Resources|2 Comments