Tag: Soco International

Oil price, Amerisur, RockRose/IOG, VOG, Jadestone, Soco, JOG And finally…

Oil is mixed but relatively based, company wise Amerisur have another substantial rise in reserves and should be higher. RockRose have bid for IOG, easier than farming-in I suppose with a 20p offer. All change at VOG as a substantial raise and change of management signals a new, brighter future and Soco admit they also bid for Ophir but their all-paper offer was not good enough. Finally Jadestone Energy have given guidance which sets them off on a substantial voyage of discovery, worth being aboard.

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Oil price, President, SOCO, Echo, Columbus, Faroe And finally…

The oil price remains firm and this morning is challenging important levels. President has again given a blockbuster statement with more to come this year whilst SOCO’s update was good, i like the Egypt acquisition. Echo are on site fraccing in Argentina and Columbus are making steady progress towards their Latin American targets. Finally Faroe has gone as DNO up the offer and buy up shares in the market, it’s the market’s view but so short term it’s almost indefensible…

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VOX Markets podcast: Malcy on Trinity Exploration & Production, Savannah Petroleum, Soco International, SDX Energy and Rockhopper Exploration

Malcy talks about the following stocks: Trinity Exploration & Production #TRIN, Savannah Petroleum #SAVP, Soco International #SIA , SDX Energy #SDX and Rockhopper Exploration #RKH

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Oil price, Savannah, SDX, Soco, RockRose, Reabold, Petro Matad, Providence And finally…

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.

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Oil price, Frontera Resources, Reabold/Upland, Soco And finally…

A quiet start to the week with oil up around 40+ cents today after last weeks gains. I look at Frontera who have problems with Yorkville but operationally looking pretty good. Also Reabold and Upland are now shortly able to spud the Wick well and Soco adds a new RBL plus an accordion.

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Oil price, Far Ltd, Range Resources, Soco And finally…

WTI $70.13 +$1.44, Brent $75.55 +79c, Diff -$5.47 -18c, NG $2.80 +1c Oil price Brent expires today so I have used theĀ  October contract and for the differential. On Friday the oil price fell on the back of almost entirely

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Oil price, Trinity, Eco Atlantic, Zenith, Wentworth, Soco And finally…

WTI $68.58 +$3.o4, Brent $75.55 +$2.50, Diff -$6.97 -54c, NG $2.94 -3c Oil price The Opec and Non-Opec meetings on Friday and Saturday can best be described as trying to please everyone, a strategy that rarely works but the road

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Oil price, Sound Energy, Frontera, SOCO, Echo, Hurricane, Savannah, President, Rose And finally…

WTI $64.73 -79c, Brent $75.36 -2c, Diff -$10.63 +77c, NG $2.90 +1c Oil price Who would be an oil trader with such odd moves that propel WTI and Brent in differing directions even on published data? Yesterday’s EIA inventory stats

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Oil price, Savannah, Tullow, SOCO, And finally…

WTI $62.96 +$1.23, Brent $68.82 +$1.04, Diff -$5.86 -19c, NG $2.92 +9c Oil price Crude continues to rise and my chartist friends are getting desperate as all markers are piling through resistance levels which makes them very nervous. Above $69

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Oil price, Sound Energy, SDX Energy, SOCO, Plexus, And finally…

WTI $53.88 +$1.07, Brent $56.80 +$1.22, Diff -$2.92 -46c, NG $3.17 +5c Oil price Sentiment over quota adhesion won over stock build and US production yesterday and crude had a reasonable rally helped by a weaker greenback. Stocks were higher

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