Rockhopper Exploration Archives

Oil price, Rockhopper, DGO, SDX, Wentworth

Oil prices vacillated ahead of the Opec+ meeting tomorrow but the EIA STEO yesterday showed yet again lower demand numbers and the US going back to being a net importer this year. Rockhopper showed a good set of figures with further strong cost cutting and the Navitas deal validating Sea Lion. DGO have made an acquisition just as expected in these markets, accretive returns will 'validate' the dividend. SDX have a discovery in Egypt and Wentworth has comforted the market with regard to its 2019 results.

Malcy2020-04-08T11:05:10+01:008 April 2020|Categories: Daily Blog|Tags: Diversified Gas & Oil, Rockhopper Exploration, SDX Energy, Wentworth Resources|2 Comments

Oil price, Hurricane, Genel, Rockhopper, Jadestone.

After yesterday's disaster oil has rallied today but not enough methinks. Today i look at the Hurricane results which are incredibly good after the Lancaster EPS has delivered up with guidance but what a time to do so. Genel follow up yesterday's report with results that show how resilient they are at $30 with a flexible capex structure and able to pay a big divvi. Rockhopper , like others are keeping their heads down and still talking to Navitas whilst Jadestone just had a lucky black cat moment...

Malcy2020-03-19T15:59:28+00:0019 March 2020|Categories: Daily Blog|Tags: Genel Energy, Hurricane Energy, Jadestone Energy, Rockhopper Exploration|0 Comments

Oil price, Rockhopper/UOG, IOG, BPC, – And finally…

Oil continues to fall, no change yet. Rockhopper and UOG complete their Egypt deal and IOG announce that CER wont be talking up the option to acquire another 50% of Harvey and Redwell licences. Finally after about 10 years i come to the conclusion that BPC now has its ducks in a row, its a huge long shot but i can no longer be quite so cantankerous...

Malcy2020-02-28T11:22:30+00:0028 February 2020|Categories: Daily Blog|Tags: Bahamas Petroleum, Independent Oil & Gas, Rockhopper Exploration, United Oil & Gas|3 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

Oil price, Predator/CERP, JOG, DGO – And finally…

Oil and equities remain subdued whilst the population stays at home, literally. Predator and Columbus have successfully injected CO2 in Trinidad which could be most exciting for the future. JOG are doing a great job at the Greater Buchan Area having acquired Equinor's interest fora modest sum. They are putting a great team together here. DGO are trading in line with market expectations ahead of results in March.

Malcy2020-01-27T14:03:28+00:0027 January 2020|Categories: Daily Blog|Tags: Block Energy, Columbus Energy Resources, Diversified Gas & Oil, Eco (Atlantic) Oil and Gas Ltd, Jersey Oil & Gas., Longboat Energy, Predator Oil & Gas, Premier Oil, Rockhopper Exploration, RockRose Energy, Tullow Oil, United Oil & Gas, Zenith Energy|0 Comments

Premier Oil, Rockhopper Exploration, RockRose Energy

Todays blog is dedicated to three of the best UK Companies in the sector. Premier have traded immaculately and have bought some assets off BP. Together with Rockhopper they have farmed-out a 30% interest in Sea Lion in the Falklands to Navitas which is very good for RKH as the farm-in strengthens the development considerably. And finally, RockRose continues to deliver the goods financially and operationally ,has almost all its share price in cash and is full of value.

Malcy2020-01-07T17:29:35+00:007 January 2020|Categories: Daily Blog|Tags: Navitas Petroleum, Premier Oil, Rockhopper Exploration, RockRose Energy|3 Comments

Oil price, Echo, DGO, PetroTal, Touchstone – And finally…

Oil recovered yesterday after initially falling on an API report that showed a build in stocks, the subsequent EIA report showed a draw of 1.1m barrels and oil recovered to be roughly even on the day. Echo has announced that its rig is on the move and should be ready to drill the CLix-1001 well by the end of December. DGO has announced a new NED as well as announcing that the 2Q divvi will be paid on 20th December and a sterling equivalent of 2.65p a share. PetroTal has also appointed two new NED's after recently the Chairman of the Board moved to the non board position of CFO. And Touchstone announce that the Coho-1 well has produced well making it a red letter month for the company.

Malcy2019-12-19T09:44:37+00:0019 December 2019|Categories: Daily Blog|Tags: Anglo African Oil & Gas, Chariot Oil & Gas, Coro Energy, Diversified Gas & Oil, Echo Energy, Eco Atlantic Oil & Gas, Hurricane Energy, PetroTal Corp, Predator Oil & Gas, Premier Oil, Reabold Resources, Rockhopper Exploration, Savannah Petroleum, Touchstone Exploration, Tullow Oil, United Oil & Gas, Zenith Energy|0 Comments

Rockhopper, IOG, Serica, Sound Energy

Sound Energy has made a modest raise after recent interest which makes sense, IOG has not had quite what they expected at Harvey but to the northeast has seen a structure. Putting that with Redwell might create a hub going forward. Rockhopper have updated modest success at Abu Sennan before passing on to UOG. And Serica has been awarded licence P2501 conveniently next door to Rhum.

Malcy2019-12-18T11:28:41+00:0018 December 2019|Categories: Flash Blog|Tags: IOG, Rockhopper Exploration, Serica Energy, Sound Energy|0 Comments

Oil price, Predator, Rockhopper/United, Amerisur – And finally…

Opec + completed as per my late report on Friday and cuts of up to 2.1m b/d are up their sleeves for 1Q 2020. Today Predator Oil & Gas announced that they have an option agreement with Star Valley Drilling to drill their Guercit permit onshore Morocco. This could be transformational for the company should it come in. Rockhopper and United Oil & Gas update on Abu Sennan with the latter returning to the market after raising $6.25m. Amerisur Resources have been backed by ISS in their recommendation of the bid by GeoPark.

Malcy2019-12-09T13:51:24+00:009 December 2019|Categories: Daily Blog|Tags: Amerisur Resources, Predator Oil & Gas, Rockhopper Exploration, United Oil & Gas|4 Comments

Oil price, Rockhopper, Chariot, SDX, Europa – And finally…

Oil came back sharply yesterday as the Saudis said that production would be back to normal by the end of this month, way sooner than expected. Rockhopper results are fine but its all about Sea Lion which is progressing waiting for senior debt and of course the Ombrina Mare arbitration. At Chariot they have a CPR over additional prospects in the Lixus licence which takes the number to over TCF. SDX has had a find in Egypt and adds 315 b/d to production and EOG has been awarded an offshore licence in Morocco, the current hot post code internationally.

Malcy2019-09-18T12:19:09+01:0018 September 2019|Categories: Daily Blog|Tags: Chariot Oil & Gas, Europa Oil & Gas, Rockhopper Exploration, SDX Energy|4 Comments