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Oil price, Genel, GKP, BPC, Providence, San Leon, Echo. And finally…

Oil is quiet today as with the Opec members talking amongst themselves and the Opec+ meeting put back until Thursday few bets are being taken. Genel and GKP have received their October payments from the KRG and BPC has revealed strategy for Trinidad and Suriname along with extensive drilling programme and a CPR. Providence announced the Barryroe farm-out yesterday and this morning San Leon note that they have a 4.5% NPI on the field. Echo update on debt and production as well as an equity raise.

2020-12-01T13:37:32+00:001 December 2020|Categories: Daily Blog|Tags: , , , , , |0 Comments
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Oil price, Bahamas Petroleum, VOG, Providence. And finally…

Oil fell sharply again with the increase in virus numbers to blame. Today I look at VOG with results and update, and note a hopefully short delay at Barryroe....I also had a great opportunity to interview Simon Potter and Eytan Uliel at Bahamas Petroleum yesterday, the link is here.

2020-10-30T13:57:13+00:0030 October 2020|Categories: Daily Blog|Tags: , , |2 Comments
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Oil price, Zephyr Energy, Total Market Solutions Podcast. And finally…

Oil is drifting and was around even on the week. Zephyr Energy has announced a raise of £2.25m which is more than enough to cover their costs of the dual use well in the Paradox Basin. I link to a Podcast with Total Market Solutions as part 1 of 2.

2020-10-19T10:55:44+01:0019 October 2020|Categories: Daily Blog|Tags: , , , , , , , , , , , , , |0 Comments
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Oil price, JOG, Providence/Lansdowne, Trinity. And finally…

Back down again today as world markets dive on the increased virus numbers. I link to the JOG story of Buchan video which is very much worth watching, meanwhile I follow up on a meeting with Alan Linn, CEO of Providence Resources. Finally I cover the Trinity update where they continue to produce well from existing well stock.

2020-10-15T14:30:52+01:0015 October 2020|Categories: Daily Blog|Tags: , , , |0 Comments
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Oil price, DGO, Eco Atlantic, Reabold, Solo, Jadestone, Providence – And finally…

Oil is all over the place with America and China playing diplomatic tennis and now appearing to be making friends again. Today, DGO buy a small but important stake in gas gathering systems and Eco Atlantic have spudded Joe-1. Reabold have potentially very exciting news from Romania and Solo Oil are about to update their corporate presentation. Jadestone trim the guidance, mainly for the weather to be fair but still look in good nick whilst Providence and Lansdowne have extended their backstop.

2019-08-27T10:39:17+01:0027 August 2019|Categories: Daily Blog|Tags: , , , , , |1 Comment
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Oil price, Cluff, Providence/Lansdowne, DGO, IOG, EOG – And finally…

Oil is quiet at the moment although the inventory figures will be as important as ever this week. Cluff Natural Resources has completed its farm-out to Shell with a well to be drilled soon. Providence and Lansdowne are being forced into another week's extension as the Chinese money is still not in...DGO has announced that its divi will from now, have a GPB Sterling alternative which has gone down well. Catch up from yesterday on IOG where LOG has restructured and EOG have had a Government extension at FEL 2/13.

2019-08-13T12:10:37+01:0013 August 2019|Categories: Daily Blog|Tags: , , , , , |0 Comments
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Oil price, Amerisur, Providence/Lansdowne, Touchstone, Block – And finally…

It has been a bad week for crude oil but yesterday, and so far today, oil is rallying from the lows created by trade wars and grim EIA inventory stats. Amerisur seem to be moving fast with the FSP with a number of companies signed up and Providence and Lansdowne have the approval to get underway at Barryroe but so far no dosh to do it with. I catch up on Touchstone who spudded on the key Ortoire block and Block who are preparing for 38Z but all people want to know is the production rate on 16aZ...

2019-08-09T11:29:58+01:009 August 2019|Categories: Daily Blog|Tags: , , , , |2 Comments
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Oil price, Cairn, Petro Matad, Cluff, Providence/Lansdowne, Kosmos – And finally…

Oil has drifted this morning as the further worries about trade talks bring jitters to the market. But lower rig count and a sub 30m b/d number from Opec keeps things tight. Cairn have had a dry hole in the Norwegian Sea and Petro Matad are suffering after having to suspend the Heron-1 well after title dispute with the provincial govt. Cluff announce that Shell have started 3D seismic on Pensacola and Providence and Lansdowne extend yet again the Chinese backstop date. Kosmos have 2Q figs which were good and have an exciting 2nd half of drilling ahead of them.

2019-08-05T12:34:18+01:005 August 2019|Categories: Daily Blog|Tags: , , , , , |0 Comments
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Oil price, JOG, Amerisur, Providence and Lansdowne, VOG – And finally…

Oil rallies sharply this morning after a bad week but one that ended with Iran seizing a British ship. JOG have been awarded a 'transformational' deal by securing the Greater Buchan area close to Verbier. Amerisur reveal that Maurel & Prom are the bidders but at 17p is far too low, Providence and Lansdowne yet again extend the deal for Barryroe as the money from APEC still hasn't arrived and my sources including Jamie Nimmo suggest that VOG is about to announce a whopping contract...

2019-07-22T12:38:23+01:0022 July 2019|Categories: Daily Blog|Tags: , , , , |0 Comments
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Disclaimer: Malcy’s Blog is provided for general information about the international oil and gas industry and the companies that operate within it. It does not constitute investment advice and Malcy does not buy or sell shares, warrants or bonds in any company written about within the blog. Information is taken from publicly available sources and any comment is that of the author who does not take any third party comment in the publication.
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