Oil firm as the Saudis hit back at the Houthi rebels. SDX reduce guidance and lose CEO Paul Welch, at Falcon they raise a bit to top up for this year and next year existing carry. All in line at Cairn with no change in guidance or plans in development and exploration. Earlier this week Wentworth updated and all is going well, yesterday Block Energy raised £12m, a solid achievement given how fast they have moved and at Egdon they raised £2.17m. Empyrean has seen gas clouds at Topaz and Jade which CNOOC say is good news and Lisa Mitchell moves from Lekoil to San Leon…
Tag: Wentworth Resources
Oil price, SDX, Falcon, Cairn, Wentworth, Empyrean, Block, Egdon, Lekoil/San Leon And finally…
Tagged with: Block Energy, Cairn Energy, Egdon Resources, Empyrean Energy, Falcon Oil & Gas, Lekoil, San Leon, SDX Energy, Wentworth Resources
Oil price, Predator, Wentworth And finally…
Oil was mixed, WTI fell on poor inventory numbers and high imports while Brent rose on Iranian waiver panic. Predator has announced what seems like a great CPR on the onshore Morocco acreage with significant long term profitable potential and figures from Wentworth show good production from Mnazi Bay but after all the recent changes what does the future hold?
Oil price, Rose, Range, Wentworth, Zenith, Jadestone, Savannah And finally…
9 days up for crude and with another 50 cents this morning the best part of 20% off the bottom. Rose have announced some additional acreage in the Paradox Basin adding to their handy portfolio and Range have found an Aussie NED and are re-quoted this morning. Wentworth had a fantastic 4Q and are knocking the lights out in Tanzania, what’s next for newish CEO Eskil Jersing? And Zenith raise money in Vienna as part of the non-equity dilutive funding and Jadestone re-start Montara. A good con call and new presentation from Savannah on the website today.
Oil price, Faroe, President, Range, Wentworth And finally…
Oil rallied yesterday but fell sharply along with markets worldwide after the Fed raised rates again. Faroe has released its response to the DNO bid which ‘substantially undervalues this high growth, full cycle NS business’. Derisory. More good news from President who have closed out the new concessions at Puesto Prado and are getting to work on the assets. Range Resources say that they are paying the coupon on the convertible in shares to keep cash in the business. And from earlier in the week I look at Wentworth Resources who have exited Mozambique and may be one to watch for 2019 on the corporate front.
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
Range Resources, Genel, Wentworth, Trinity
In today’s flash blog I look at progress from Range Resources, Genel putting the burners on across the board and results from Wentworth Resources. It is also a red letter day for Trinity as it completes reorganisation and sets sail for a highly profitable future.
Oil price, DGO, Wentworth Resources, Empyrean And finally…
This morning the oil price is weak again as a strong dollar and further Chinese demand take their toll. I look at Diversified Gas and Oil after their trading statement, write up a meeting with new Wentworth CEO and look at recent news from Empyrean Energy
VOX Markets podcast: Malcy on Solo Oil, Wentworth Resources, Aminex, Independent Oil & Gas, Amerisur, Hurricane Energy, Genel Energy
Malcy talks about the following stocks: Solo Oil #SOLO, Wentworth Resources #WRL, Aminex #AEX, Independent Oil & Gas #IOG, Amerisur #AMER, Hurricane Energy #HUR and Genel Energy #GENL
Tagged with: Amerisur, Aminex, Genel Energy, Hurricane Energy, Independent Oil & Gas, Solo Oil, Wentworth Resources
Oil price, Wentworth Resources, Upland Resources And finally…
WTI $68.76 -$1.37, Brent $74.25 -72c, Diff -$5.49 +2c, NG $2.78 -1c Oil price A bit same old, same old yesterday with one exception as chatter about talks between the USA and China on trade which might boost oil demand…
Oil price, Sound Energy, Zenith Energy, Wentworth Resources, Columbus E R And finally…
WTI $74.15 +70c, Brent $79.44 +$1.59, Diff -$5.29 +89c, NG $2.92 -2c Oil price A good week for oil with WTI up $5.57 and Brent up $3.89 for all the reasons written about at the time. As we head into…
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