With the month and the quarter ending at the weekend window dressing is the order of the day and there is no news so volumes will be low. Lot’s of news from Savannah where they are updating on the Niger EPS with news about first oil 1Q 2019 and ramping up through the year. Chariot are about to spud prospect S and the oil world watches. Interims from Getech show that management action is working.
The oil price remains on an upward trajectory, mainly due to Iran although the President doesnt see it that way… I look at figures from President, unsurprisingly excellent and cover news yesterday from Amerisur, Rose and Zenith. Plus links to Podcast and an interview with Andrew Knott, CEO of Savannah Petroleum.
Malcolm is joined by Andrew Knott, CEO of Savannah Petroleum.
Malcy talks about the following stocks: Trinity Exploration & Production #TRIN, Savannah Petroleum #SAVP, Soco International #SIA , SDX Energy #SDX and Rockhopper Exploration #RKH
As Opec+ prepares for the Algeria summit oil is perky today and likely to be up on the week. I discuss the Savannah Petroleum deal adding to the Seven assets and notice that SDX may be looking at the huge BP portfolio in Egypt. Soco are also buying in Egypt but more modestly and I look at RockRose after their figures. Reabold have two pieces of news, especially going well in California, Petro Matad has a duster in Mongolia and Providence unveils more Barryroe wells.
Malcy talks about the following stocks: Savannah Petroleum (SAVP) , President Energy (PPC) , Eco Atlantic Oil & Gas (ECO), Rockrose Energy (RRE) , Ophir Energy (OPHR) and Hurricane Energy (HUR)
Another up day for oil with the bulls in charge, for the moment…Plenty of news with President making more moves in Argentina, Echo and IGas results and Chariot looking forward to spinning the drill bit in Namibia. Plenty of press comment in Niger about potential farm-outs for Savannah Petroleum and the Genel CFO reveals more good news at the Pareto conference.
Oil perks up after an indifferent week whilst Savannah announce the spud of their 5th well in Niger. Columbus receive an extension for their Cory Moruga Block and Getech announce a delay in Sierra Leone. I talked to Tom Kelly and Gas Bisht of Empyrean with excitement at fever pitch in China and much potential to come in Indonesia.
With the oil price all over the place I look at the Opec report, I also look at another excellent discovery from Savannah in Niger and write up my chat with Dr Steve Staley of Upland Resources. I also chatted to Andrew Austin Chairman of RockRose and met with Eytan Uliel of Bahamas Petroleum. Plus two links to this week’s interviews.
Tagged with: Aminex
, Bahamas Petroleum
, Genel Energy
, Hurricane Energy
, Jersey Oil & Gas.
, President Energy
, Reabold Resources
, Rockhopper Exploration
, RockRose Energy
, Savannah Petroleum
, SDX Energy
, Sound Energy
, Upland Resources
, Victoria Oil & Gas
Malcy talks about the following stocks: Savannah Petroleum #SAVP, President Energy #PPC, Zenith Energy #ZEN, Genel Energy #GENL, Faroe Petroleum #FPM and Rock Rose Energy #RRE