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.
Tag: Zenith Energy
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
VOX Markets podcast: Malcy on Jersey O&G, Rockhopper, Empyrean Energy, Trinity E&P, Infrastrata, Far & Zenith Energy
Malcy talks about the following stocks: Jersey Oil & Gas (JOG), Rockhopper Exploration (RKH), Empyrean Energy (EME), Trinity Exploration & Production (TRIN), Infrastrata (INFA), Far ltd (FAR.ASX) and Zenith Energy (ZEN)
Oil price, Rockhopper, Jersey Oil & Gas, Zenith Energy And finally…
Another poor week for oil but a decent rally today after Saudi Arabia announced a cut of 500,000 b/d for December. Rockhopper has good results in Egypt and are being paid more with receivables down again, JOG are confirmed to be drilling the Verbier appraisal 1Q 2019 whilst Zenith top up after their recent admission to the Merkur Market.
Oil price, Africa Oil Week, Tower Resources And finally…
Oil remains weak with Iran settling at around 1m b/d of exports. The Mid-term elections were inconclusive and the inventory stats unhelpful. Tower have got three blocks offshore Namibia and Zenith has received approval to trade on the Merkur market.
Oil price, President, Echo, VOG, Zenith, And finally…
A mixed bag on the oil price front but a small rally this morning, China and geopolitics is positive, stocks are rising and traders are selling down long positions. At President the first well in the next of three looks highly impressive and might push production up again with two more to play for. At Echo a very useful boost to production and sales from a pilot programme at FD is very positive, over at VOG they are still without the ENEO contract but are building the business. Finally a potentially really exciting piece of news from Zenith in Azerbaijan.
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, Hurricane, Echo, Zenith, President, Columbus And finally…
A few words on the oil price, nothing new. With Hurricane stating that the Aoka Mizu has left Dubai there are few pieces of the jigsaw left to place, Echo reports good news from Argentina and Bolivia. President has bought a little more acreage in Louisiana with decent upside potential and Zenith is ready to go in Azerbaijan. Finally a raise for Columbus might get them making the headway that they have always wanted.
Tagged with: Columbus Energy Resources, Echo Energy, Hurricane Energy, President Energy, Zenith Energy
Oil price, President, Amerisur, Rose, Zenith And finally…
The oil price remains on an upward trajectory, mainly due to Iran although the President doesnt see it that way… I look at figures from President, unsurprisingly excellent and cover news yesterday from Amerisur, Rose and Zenith. Plus links to Podcast and an interview with Andrew Knott, CEO of Savannah Petroleum.
Tagged with: Amerisur Resources, President Energy, Rose Petroleum, Savannah Petroleum, Zenith Energy
Sound Energy, Zenith Energy
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.
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