Tag: Touchstone Exploration

Oil price, Echo Energy, Touchstone Exploration, Getech And finally…

Oil is rallying again, mainly due to Venezuela being totally shut in due to power blackouts and with the API, despite reporting a build in crude oil showed further draws in products. An operating update from Echo is quite muted, the big stuff from Tapi Aike will come later in the year and Touchstone produce decent results with good netbacks. Finally Getech are handling tough industry conditions very well and report very creditable numbers in their pre-close update today.

Tagged with: , ,

Oil price, Petrofac, Far, Touchstone, And finally…

The oil price is steady with positive fundamentals helping out and the chartists like the look of it too if it consolidates above these levels. Petrofac announced a big contract in Algeria yesterday which makes them even more undervalued whilst Far’s annual report is full of goodies. Finally Touchstone has an operational update with good production numbers and preparing to drill at Ortoire.

Tagged with: , ,

Oil price, DGO, Touchstone And finally…

Presidents Day meant that trade was thin and so the market rose gently on lower production stories. DGO are continuing to sort out its decommissioning programme, this time in Kentucky whilst Touchstone has raised money for a well in the Ortoire property which if it came in would be very substantial.

Tagged with: ,

Oil price, Reabold, Eco Atlantic, Ophir, Touchstone And finally…

A rally in crude as China starts to ‘stabilise’ its economy. For RBD and Upland a disappointment as the Wick exploration well was dry and from yesterday a comment on Ophir and Touchstone.

Tagged with: , , ,

Oil price, Frontera, RockRose, Touchstone And finally…

A funny week comes to an end, downward pressure on the oil price, a bit better this morning. A word about Frontera after the positive presentation and a catch up on RockRose and Touchstone. I’ve been running around interviewing and meeting people this week and there are at least three links today.

Tagged with: , ,

Oil price, Faroe Petroleum, Touchstone Exploration And finally…

A slight fall in the oil price with a strong greenback and a better view on Opec production from the group itself. Faroe farm-in to a block in the UKCS is news itself and results from Touchstone show production still increasing.

Tagged with: ,

Oil price, President, SDX, Savannah, Cabot, Touchstone And finally…

WTI $65.06 -$1.83, Brent $73.44 -$2.50, Diff -$8.38 -67c, NG $3.02 +6c Oil price The usual pre-Opec meeting jousting is going on with a few other outside influences not helping matters into the bargain. Prices fell sharply when reports came

Tagged with: , , , ,

Oil price, Echo Energy, Touchstone Exploration And finally…

WTI $66.10 +36c, Brent $76.46 n/c, Diff -$10.36 -36c, NG $2.95 +6c Oil price The usual pre-Opec cat and mouse position taking kept oil prices virtually unchanged yesterday. The Iraqi Oil Minister reaffirmed the comments I recently published, this time

Tagged with: ,

Oil price, Cairn, Chariot, Touchstone, Falcon Oil & Gas And finally…

WTI $65.55 -33c, Brent $70.12 -33c, Diff -$4.57 n/c, NG $2.62 +3c Oil price The market is quiet, unsurprisingly as we come to the month and quarter end, this year also coinciding with the Easter break. Crude though is holding

Tagged with: , , ,

VOX Markets podcast: Malcy on Range Resources, Columbus Energy Resources, Touchstone Exploration, Trinity Exploration, Rockrose Energy and Lamprell

Malcy talks about the following stocks: Range Resources #RRL, Columbus Energy Resources #CERP, Touchstone Exploration #TXP, Trinity Exploration #TRIN, Rockrose Energy #RRE and Lamprell #LAM

Tagged with: , , , , ,
Top