Another rise in the oil price, mainly on the inventory stats, Hurricane are moving inexorably towards first oil and Amerisur have a very good set of results. With Sound progressing in Morocco the autumn drilling is looking exciting and talking of exciting Total smash into Eco’s acreage in Guyana. and I take a look at the changes at Ophir where Alan Booth says that he is ‘no nightwatchman’.
Malcy discusses Empyrean #EME, Sound Energy #SOU, Reabold Resources #RBD, Amerisur Resources #AMER and Petro Matad #MATD
Sound announces the award of production concession in Eastern Morocco a Key step in its journey to commercialisation of its gas discovery. I follow up briefly on news from Zenith Energy yesterday.
Malcy talks about the following stocks: Hurricane Energy (HUR), Coro Energy (CORO), Eco Atlantic Oil & Gas (ECO), Fronterra Resources (FRR), SDX Energy (SDX), Far Ltd (FAR.au), Sound Energy (SOU), Amerisur Resources (AMER), Bahamas Petroleum (BPC) and Faroe Petroleum (FPM)
I discuss an ‘up’ week for oil and likely more of the same. Sound Energy stamps its Morocco acreage, Amerisur spuds what might be a big well in the ‘N’ sands and Echo updates from Bolivia and production and revenue from Argentina. Eco (Atlantic) looks like it and Tullow have something big in Guyana after Exxon announces its 9th success next door and Getech pleases with its H1 update.
A slightly better day for crude oil, I discuss the news from Sound following their completion of 2D seismic and take a look at the Wood Group interims.
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
The oil market shows signs of tightening, gas flows for Echo in Argentina, I write up a chat with Peter Levine of President Energy and look at Sound preparing to drill in Morocco, Zenith’s big plans in Azerbaijan, Reabold spuds in the US and United get seismic in Jamaica.
Malcy talks about the following stocks: SDX Energy #SDX, Sound Energy #SOU, Savannah Petroleum #SAVP, Trinity Exploration & Production #TRIN, Genel Energy #GENL, Aminex #AEX and Cabot Energy #CAB
WTI $67.89 -37c, Brent $73.06 -1c, Diff -5.17 +$2.56, NG $2.72 -4c Oil price Yesterday saw a mixed market, after a rally when oil workers in both the UK and Norway either downed tools or threatened to, any disruption was…