Malcy


All posts for Malcy

Oil Price, Savannah, Upland, RockRose, Bahamas Petroleum, and Finally…

WTI $67.04 -16c, Brent $72.46 -15c, Diff -$5.42 +1c, NG $2.96 +3c Oil Price After a quiet start to the week which I'm told livened up on Monday it has been another up and down week. Yesterday as I reported the market started by rising then with dollar strength and further aggro from Turkey it ...

Malcolm Graham-Wood - Malcy's Blog


Posted 10 hours agoOpinion > MalcyMalcy'sMalcy's Blog +6

Oil Price, Faroe Petroleum, Touchstone Exploration, and Finally…

WTI $67.20 -43c, Brent $72.61 -20c, Diff -$5.41 +23c, NG $2.93 -1c Oil Price A quiet day on oil bourses yesterday with talk about Turkey causing most concern with the currency smashed even more. Marcus Ashworth at Bloomberg is worth following on this as he has a top view from the bond markets ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 day agoOpinion > oil priceFaroe PetroleumTouchstone Exploration +4

Oil Price, Echo Energy, President Energy, Sound Energy, Zenith Energy, Reabold Resources, United Oil & Gas, and Finally…

WTI $67.73 +82c, Brent $72.81 +74c, Diff -$5.18 -8c, NG $2.94 -1c Oil Price Last week WTI fell a modest 76c and Brent 40c with the EIA inventory stats causing most grief. With a strong dollar and US/Sino and US/Turkish trade wars hotting up downward pressure was exerted but attacks by and on ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 days agoOpinion > MalcyMalcy'sMalcy's Blog +8

Oil Price, DGO, Wentworth Resources, Empyrean, and Finally…

WTI $66.81 -13c, Brent $72.07 -21c, Diff -$5.26 +8c, NG $2.95 +1c Oil Price I suppose it could have been worse, after a perky start crude oil trended down and this morning that trend has continued. As usual a combination of factors had oil on the run late in the day, a stronger dollar didn't ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 days agoOpinion > oil priceDGODiversified Gas & Oil +5

Amerisur, President, RockRose

Amerisur Resources Amerisur in an update this morning provides positive news from Chiritza where the re-pumping station is progressing ahead of schedule and on budget. The station is expected to be commissioned in September with access to a minimum daily carrying capacity of 9,000 bopd through t ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 days agoOpinion > MalcyMalcy'sMalcy's Blog +3

Oil Price, Savannah Petroleum, Faroe, Aminex, and Finally…

WTI $69.17 +16c, Brent $74.65 +90c, Diff -$5.48 +74c, NG $2.90 +4c Oil Price Oil has rallied modestly in the last couple of days as the market anticipated the Iranian sanctions starting up with phase 1 even though oil is not in the mix until November. Despite the protestations from other sign ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 days agoOpinion > oil priceSVPSavannah Petroleum +5

Genel Energy

Genel Energy Interims to the end of June this morning from Genel who have put in what they call an ‘impressive performance' with which I concur. Key metric is cash generation with the company turning in over $10m per month and moving the company ‘rapidly' to a net cash position. This has been si ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 days agoOpinion > MalcyMalcy'sMalcy's Blog +3

Hurricane, IGas

Hurricane Energy Another operational update from the EPS development of the Lancaster Field today with everything going on time and according to plan. The turret mooring system including the newly constructed buoy for the Aoka Mizu FPSO has been successfully installed at the Lancaster Field and on ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 days agoOpinion > Hurricane EnergyIGasMalcy +2

Oil Price, Range Resources, Solo, Infrastrata, Kosmos, Bahamas Petroleum, IOG, and Finally…

WTI $68.49 -47c, Brent $73.21 -24c, Diff -$4.72 +23c, NG $2.85 +3c Oil Price A touch of drift on Friday ensured that crude was down on the week especially Brent after expiry. The US/China trade wars aren't helping, Unipec has said that it won't buy any more US crude until at least October and ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 days agoOpinion > oil priceRange ResourcesRange Resources Corporation +9

Oil Price, Trinity, Amerisur, Serica, and Finally…

WTI $68.96 +$1.30, Brent $73.45 +$1.06, Diff-$4.49 -$2.10, NG $2.82 +6c Oil Price A day of two halves on the oil bourses as initial news that Russia had produced 11.21m b/d in July, up 150/- b/d upset traders, bless their little brains they wouldn't have thought to look up and find that that ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > oil priceTrinity E&PTrinity Exploration & Production +6

Hurricane, IGas

Hurricane Energy Another operational update from the EPS development of the Lancaster Field today with everything going on time and according to plan. The turret mooring system including the newly constructed buoy for the Aoka Mizu FPSO has been successfully installed at the Lancaster Field and on ...

Malcolm Graham-Wood - Malcy's Blog


Posted 13 days agoOpinion > Hurricane EnergyIGasMalcy +2

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 were offset by Opec production numbers, mentioned here yesterday, were dee ...

Malcolm Graham-Wood - Malcy's Blog


Posted 14 days agoOpinion > oil priceWentworth ResourcesUpland Resources +3

Oil Price, Far Ltd, Range Resources, Soco, and Finally…

WTI $70.13 +$1.44, Brent $75.55 +79c, Diff -$5.47 -18c, NG $2.80 +1c Oil Price Brent expires today so I have used the  October contract and for the differential. On Friday the oil price fell on the back of almost entirely positive news on the geopolitical front and surprise surprise the reve ...

Malcolm Graham-Wood - Malcy's Blog


Posted 15 days agoOpinion > oil priceFARFar Limited +5

Oil Price, Far Ltd, Amerisur, Savannah, Genel, Eco (Atlantic), Reabold Resources, and Finally…

WTI $68.69 -92c, Brent $74.29 -25c, Diff -$5.60 +67c, NG $2.82 +4c Oil Price Oil prices fell on Friday which was quite strange as most market participants including yours truly thought that most influences were positive. After all the geopolitical news was mixed at best, Kuwait joined the Sau ...

Malcolm Graham-Wood - Malcy's Blog


Posted 16 days agoOpinion > MalcyMalcy'sMalcy's Blog +8

Oil Price, President Energy, BP, and Finally…

WTI $69.61 +31c, Brent $74.54 +61c, Diff -$4.93 +30c, NG $2.78 n/c Oil Price Not much to add to yesterday's comments, the market was up after the Yemeni attack on the Saudi tankers which might have put the oil complex higher but it was remarkably chilled about it, even more shouting the odds ...

Malcolm Graham-Wood - Malcy's Blog


Posted 19 days agoOpinion > oil pricePresident EnergyBP +3