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Amerisur Resources, Pantheon Resources and Thalassa Holdings

Amerisur Resources An update from john Wardle in Colombia this morning which is a bit mixed but with no fundamental problems. The near term production target of 7,200 b/d scheduled to be reached at the end of this year has been put back by a quarter in 1Q 2017, a number of social issues have take ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Amerisur ResourcesPantheon ResourcesThalassa Holdings +1

Malcy on TipTV - CEO interview: Hugh Mackay, Europa Oil & Gas

Europa Oil & Gas CEO Hugh Mackay updates Tip TV viewers about Europa's markets of offshore Ireland and onshore UK. “The company is financed for 2017” says Mackay and adds that the focus in 2017 is to bring Wressle on stream, work on the discovery in Holmwood and start drilling in Atlantic Ireland. ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogEuropa Oil & GasHugh Mackay

Oil price, Rockhopper, Amerisur, Faroe, And finally...

Oil price The only major item of note yesterday was a narrowing of the discount of WTI to Brent, this  came partly as traders feel that the the UK pipeline reopening brings more Brent to the market and slightly weakens the relative prices and partly as the gap has simply become too high. Apart fr ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogRockhopper ExplorationAmerisur Resources +1

Oil price, Rockhopper, Sundry- Cape- RockRose Energy- Falcon-, Aminex/Solo, And finally ...

Oil price Just as I said that the inventory stats would remain helpful we got one that rather unsettled the market. With the EIA showing a build of 2.3m barrels after an API draw and forecasts of a draw of around 2.4m the market was flummoxed especially as refinery rates were up. It turns out tha ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogRockhopper ExplorationRockRose Energy +2

Oil price, Amerisur, Victoria Oil & Gas, Sundry-Faroe-IGTV interview on bucket list.

Oil price The oil market is now almost shut for the Christmas holiday and was solid yesterday on the back of pretty good US economic data. It is worth keeping an eye on the natural gas price which remains firm and is probably likely to remain so. Preliminary numbers on US natural gas consumption ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogAmerisur ResourcesVictoria Oil & Gas +1

Oil price, Pantheon, Amerisur, And finally…

Oil price 2016 turned out to be a pretty good year for the oil price and the end year comparisons dont tell the whole story about the lows in January and February. WTI ended up with a gain of $16.68, +45% whilst Brent rose $18.85 or 52%. This mornings price are better again, WTI is $54.99 and the ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's Blogoil pricePantheon Resources +1

Oil price, Range Resources, And finally...

Oil price The strong dollar hit the crude price yesterday although traders reported some selling of WTI as it hit the landmark $55 level, not seen since June 2015. The US economy looks like it might benefit from some straight talking from the President-elect to the motor industry… Range Resources ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogRange Resources

Oil price, Sound Energy, Cape, Sundry-Tullow-Plexus- And finally…

Oil price Another good day for the oil price as the KPC confirmed that it was cutting production in January as part of the Opec agreement. Further good news came from Bloomberg as their survey showed that in December Opec output fell by 310/- b/d to 33.1m b/d. Another vaguely positive number was ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's Blogoil priceSound Energy +3

Oil price, Tullow, Sundry-Wood Group-President- And finally…

Oil price Another down day as one might expect, this process is going to take some time and it wouldnt be normal if a combination of greedy hedgies and short term ambulance chasers didnt knock the market some days. The last couple of days have been all about Iraq and the extent to which they are c ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogTullowWood Group +1

Oil price, SDX Energy, Ithaca, Faroe, Premier, Ophir, Wressle, And finally…

Oil price There are going to be a lot of weeks like this so get used to it! The Grand Old Duke of York would be proud of the ups and downs of the oil market mainly on the whim or rumour whirling around. Yesterday the good news was provided by the Saudis and the Russians who said that they were alr ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogSDX EnergyIthaca Energy +3

Oil price, Trinity E&P, Andes Energia, And finally…

Oil price Another good day yesterday as news that the Saudis production was falling more than expected came out. With production now below 10m b/d they are clearly making up for any quota busters such as Iraq. Bears of the deal will clearly take it as bad news that the Saudis have to make up for o ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogTrinity Exploration & ProductionAndes Energia

Oil price, Tullow, Cairn, Cape, Velocys, And finally...

Oil price The above prices are slightly skewed as the US was shut for MLK day, I suspect that tomorrow will rearrange the order of things. I remain sceptical about bulls and bears sticking to their view, yesterday the Saudis said that after the May meeting the quotas may not need to be rolled over ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogTullow OilCairn Energy +2

Oil price, Lamprell, Thalassa Holdings, Sundry-Genel/GKP- Providence- Cairn/Far- And finally...

Oil price Very little change last week, indeed this time last week you could have closed the book and taken the week off. The usual voices pushing either way had no ammunition although the bears had a go on Friday after the rig count numbers to no avail, with oil units up 29 to 551 one might have ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's Blogoil priceLamprell +5

Oil price, Amerisur, Rockhopper, And finally...

Oil price A very quiet day according to traders, oil was firmed by the continued weakness in the greenback and the comments from Iraq suggesting that all members of Opec were playing the game but some drift was provided by talk of US production increasing, but that's a given surely? Amerisur Res ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogRockhopper ExplorationAmerisur Resources

Oil price, SDX Energy, EnQuest, Bowleven, And finally…

Oil price Boring is the correct word to be frank as crude lifts gently on the back of global supplies tightening and stocks slowly falling. After the close the API numbers were in line with forecasts at +2.93m barrels but Cushing was down which was ok but gasoline stocks were still very high. SD ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogSDX EnergyEnQuest +1
Last fetch 4/2/2020 12:53:19 AM