Oil price, DGO, Rose, Empyrean, Andrew Pancholi…

The oil market rallied last week, WTI up 17% and Brent 26% and after a soggy start today they have both gone back into the green. It is worth considering that whilst it will be a long road the worst may be behind the oil price, the shares often make gains when the commodity languishes...Today I take a good look at DGO, it is proving to be highly successful and is as close to a conviction recommendation with its monster yield as is possible to find. At Rose Petroleum, soon to be Zephyr Energy, Colin Harrington and team are making inroads into costs and I am confident about their ability to cut deals which will be advantageous to shareholders. Finally I spent some good time with Tom Kelly this morning, there is much going on at Empyrean especially with the upcoming CPR at the Mako gas field in Indonesia and of course the seismic inversion work in China.

2020-05-04T16:31:44+01:004 May 2020|Categories: Daily Blog|Tags: , , |2 Comments

Coro, Rose

Coro yesterday updated on the Duyung PSC where regulatory approval is waiting and also confident of an upgrade in resources when GCA report comes back. Also news from Rose Petroleum on Utah and Colorado which I will update after a meeting today.

2020-02-11T09:55:44+00:0011 February 2020|Categories: Flash Blog|Tags: , |2 Comments

IGas, Rose Petroleum, Sundry Echo, Coro, PetroTal

The moratorium on fraccing is interim in nature and quite possibly an election stunt but has hit IGas but maybe too much as it has a substantial conventional business. Rose Petroleum starts its strategic re-shaping with an asset deal and a small raise. Echo has extended is Acquisition Agreement waiting a waiver, Coro spuds the Tambak-1 well and at PTAL Douglas Urch takes over as CFO.

2019-11-04T10:02:04+00:004 November 2019|Categories: Flash Blog|Tags: , , , , |0 Comments

Oil price, Rose, IGas, Falcon – And finally…

Oil finished the week up but eased again today. I look at the beginnings of changes at Rose Petroleum under new CEO Colin Harrington and see how IGas are adding solid incremental value. Also a few words on Falcon after i caught up with CEO Philip O'Quigley. Finally there is a link to a long Podcast I recently did with Doc Holiday of Total Market Solutions covering a plethora of stocks.

2019-10-14T16:25:43+01:0014 October 2019|Categories: Daily Blog|Tags: , , |2 Comments

Oil price, Savannah, IGas, Rose, Union Jack, Gulfsands, SDX, President And finally…

Oil prices are quiet ahead of G20 and the ensuing Opec+ meeting. I talk about Savannah Petroleum this morning as the completion of the Seven Energy deal nears, I also discuss IGas and their appeal being called in, Rose with a strengthening of management and Union Jack on the raise. I talk about the SDX well in Egypt and give links to an interview with Peter Levine and my Podcast with Doc Holliday of TMS.

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 ...

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: Jersey Oil & Gas, Genel Energy, Rose Petroleum, Chariot Oil & Gas, Predator Oil & Gas and Amerisur Resources

Today Malcy talks about Jersey Oil & Gas (JOG), Genel Energy (GENL), Rose Petroleum (ROSE), Chariot Oil & Gas (CHAR), Predator Oil & Gas (PRD) and Amerisur Resources (AMER)

Oil price, Chevron/Anadarko, Europa Oil & Gas, Rose Petroleum And finally…

The oil price will end the week up nicely as supply constraints remove excess stocks worldwide. The big international news is that Chevron are buying Anadarko for $33bn whilst at home EOG results show promise in the future, not the past. Finally Rose Petroleum directors keep their promise and buy shares in the market.

2019-04-12T11:34:08+01:0012 April 2019|Categories: Daily Blog|Tags: , , , |0 Comments
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