Malcy talks about the following stocks: Sound Energy #SOU, Premier Oil #PMO, President Energy #PPC, Faroe Petroleum #FPM and Empyrean Energy #EME
Tag: Sound Energy
Oil price, Ineos, Sound Energy And finally…
Last week was bad for oil, with only two weeks to go until the Opec+ conference positions will start to be taken. Ineos has started talks with Conoco Philips with regard to buying its UKCS assets and Sound has a dry hole in Morocco but is moving on to TE-10 immediately.
Oil price, Sound, Echo, Zenith, Faroe/Cairn, Premier, Wentworth, Enteq And finally…
Oil prices rally on talk of 1.4m b/d cuts, Sound are at TD in Tendrara and Echo have an upbeat operational update. Zenith figures only the start if things go well this quarter and at Faroe and Cairn they have a success at Agar but Cairn has a duster at Ekland. Premier are operationally in fine form again with much to come, Catcher the star but Tolmount and Mexico looking exciting with appraisals upcoming. Wentworth are still being paid which is good but man cannot live on Mnazi Bay alone, over at Enteq things are improving for Martin Perry.
Tagged with: Cairn Energy, Echo Energy, Enteq Upstream, Faroe Petroleum, Premier Oil, Sound Energy, Wentworth Resources, Zenith Energy
Oil price, Trinity, Sound, Reabold, Columbus And finally…
Oil prices remain weak as sanctions start today. Trinity start the process on Galeota with the first phase of the FDP and Sound are at 2nd casing point at TE-9. Reabold announce another investment, this time onshore UK and Columbus are set to leave La Lora to decommissioning fate in Spain.
Oil price, President, Savannah, Sound, Reabold, Eco Atlantic, Afren And finally…
A poor week for the oil price, reasonably expected I should say and now the Saudis are talking of Opec+ cutting production, which they should. President have spudded the 2nd well in the 3 well programme and Sound are at first casing point in Tendrara. SAVP have submitted the necessary documents to the Niger Ministry to get on with the EPS whilst Reabold note that Corallian have farmed out 10% of P2396 to Talon. Finally, Eco Atlantic via their operator Tullow have ‘prioritised’ Guyana over Namibia, funny that…
Tagged with: Afren, Eco Atlantic Oil & Gas, President Energy, Reabold Resources, Savannah Petroleum, Sound Energy
VOX Markets podcast: Malcy on President Energy, Echo Energy, Sound Energy & Amerisur Resources
Malcy talks about the following stocks: President Energy (PPC), Echo Energy (ECHO), Sound Energy (SOU) and Amerisur Resources (AMER)
Sound, Trinity, Amerisur
Flash blog written from London, Paris and Morocco today, apologies. I note that Sound have spudded TE-9 at Tendrara, the first spin of the bit for a while. Solid 3Q numbers from Trinity with much to look forward to from now on. And Amerisur confirms Indico-1 is imminent, has good production again, the T sands looks more promising and work continues at PUT’s 12 and 9, let alone news of Coendu.
Oil price, Sound Energy, Podcasts And finally…
The oil price rose yesterday, it might have been higher but tensions eased towards the end of the day. It’s a big week for Sound Energy, today they have received Ministerial approval for their new Greater Tendrara Petroleum agreement which secures rights to ‘potentially transformational’ acreage up to 2026, they are about to spud TE-9 and they are hosting a big investor event in Morocco.
Tagged with: Sound Energy
VOX Markets podcast: Malcy on Columbus Energy Resources, Zenith Energy, Echo Energy, Hurricane Energy, Chariot Oil & Gas, Genel Energy, Sound Energy
Malcy talks about the following stocks: Columbus Energy Resources #CERP, Zenith Energy #ZEN, Echo Energy #ECHO, Hurricane Energy #HUR, Chariot Oil & Gas #CHAR, Genel Energy #GENL and Sound Energy #SOU
Oil price, RockRose, Sound Energy
Although I’m away I can still see oil prices continue to rise in tight markets. On the company front RockRose has completed the Dyas deal on very favourable terms. Over at Sound all is going to plan with news from Morocco showing imminent activity at Tendrara and the drill bit is ready to spin again, exciting times indeed.
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