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.
Tag: Reabold Resources
Oil price, Reabold Resources, Independent Oil & Gas And finally…
After a buoyant start oil drifted yesterday, maybe economic growth is beginning to get into a few models. Reabold Resources has raised £2.65m for ‘further strategic investment’, i think they need to get some more value into West Newton. And IOG talk about the Harvey well which spuds this month and their farm-out timetable.
Oil price, Amerisur, Reabold, Union Jack And finally…
As always oil is playing a roller coaster game, caught between politics and fundamentals. This morning the price has eased by around 50 cents. Today I look at Amerisur who have announced a success at Sol-1 and a disposal of 50% of PUT-8 to Occidental which makes a lot of sense. Also Reabold and Union Jack have had a huge discovery at West Newton which could be not just gas but a decent oil find as well, transformational, I should say so…
Oil price, Anglo African, Pantheon, Reabold, Upland, United, Sound Energy And finally…
Oil rallied yesterday and is higher again today, tariff wars are pushed to the side as the Russians and the Saudis present a united front on oil production. SPIEF meeting in St Petersburg bringing out all the big players. Anglo African ‘pause’ the CPR which is disappointing but say that oil is still flowing from the well, just how much though? Catching up with Pantheon and some of the companies that got licences in the OGA 31st offshore round.
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.
VOX Markets podcast: Echo Energy, Rose Petroleum, Pantheon Resources, Jersey Oil & Gas, Reabold Resources, Amerisur Resources, SDX Energy, Falcon Oil & Gas, Block Energy and Egdon Resources
Today Malcy discusses Echo Energy (ECHO), Rose Petroleum (ROSE), Pantheon Resources (PANR), Jersey Oil & Gas (JOG), Reabold Resources (RBD), Amerisur Resources (AMER), SDX Energy (SDX), Falcon Oil & Gas (FOG), Block Energy (BLOE) and Egdon Resources (EDR)
Oil price, Echo, JOG, Rose, Reabold And finally…
Oil is strong after the Opec+ committee announced that quotas are likely to remain at next months meeting. Echo has announced that it has done a deal with CGC and is now concentrating on Tapi Aike and has materially reduced near term capital requirements which is very good news. JOG results are behind them and now with their partners they are setting about finding further prospects on the licence and looking at the extensive 3D seismic from last year. Rose Petroleum has raised money from OCE after previous donor Robert Bensh withdrew, and on better terms. With Reabold announcing commerciality of its two wells in California all we need now are the flow rates…And on that subject Pantheon is excited about the Alkaid well but still no commerciality here..
VOX Markets podcast: Coro Energy, Predator Oil & Gas, Hurricane Energy, Reabold Resources, Upland Resources and Serica Energy
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)
Tagged with: Coro Energy, Hurricane Energy, Predator Oil & Gas, Reabold Resources, Serica Energy, Upland Resources
Oil price, Coro/Empyrean, Jadestone, Reabold And finally…
Oil cracked a bit on Friday but it could have been avoided, the market can supply any shortfall but will be getting tighter through this quarter. Coro and Empyrean have agreed their drilling programme for Duyung and will drill an exploration and appraisal well in the autumn. Jadestone has a HOA for gas sales with Petrovietnam and Reabold is moving ahead in California.
Oil price, United, Reabold, Union Jack, Tower And finally…
Oil drifts after a strong run, Iraq threatening to raise production and inventory fears remain. United Oil & Gas up the ante in Italy with a CPR showing more upside and Reabold and Union Jack spud the West Newton A-2 well. Finally I report on an interesting meeting with Jeremy Asher, Chairman and CEO of Tower Resources.
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