Malcys


All posts for Malcys

Oil Price, Empyrean Energy, and Finally…

WTI $56.46 +21c, Brent $66.62 +50c, Diff -$10.16 +29c, NG $4.04 -80c Oil Price Hardly a word to say this morning after eight companies in the blog yesterday, the and finally might be the longest part! Interestingly the oil price was up yesterday in spite of what looked like awful EIA invento ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 days agoOpinion > oil priceEmpyrean EnergyMalcy +3

Oil Price, Sound, Echo, Zenith, Faroe/Cairn, Premier, Wentworth, Enteq, and Finally…

WTI $56.25 +56c, Brent $66.12 +65c, Diff -$9.87 +9c, NG $4.84 +74c Oil Price A modest rally in crude yesterday but at one stage it was way better, a two dollar rise was eaten into and although today is better again there is little trust in the commodity at the moment. Having said that, word c ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 days agoOpinion > MalcyMalcysMalcy's +10

Oil Price, Faroe Petroleum, Jersey Oil & Gas, and Finally…

WTI $55.69 -$4.24, Brent $65.47 -$4.65, Diff -$9.78 -41c, NG $4.10 +31c Oil Price Another bad day at the office, primarily led by the Opec monthly report which cut demand forecasts, even the much touted 100m b/d demand figure has been pushed back to 3Q 2019. The Opec meeting is 3 weeks tomorr ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 days agoOpinion > oil priceFaroe PetroleumJOG +6

Oil Price, President, Hurricane, Reabold/Upland/United, Providence, Velocys, and Finally…

WTI $59.93 -26c, Brent $70.12 -6c, Diff -$10.19 +20c, NG $3.79 +7c Oil Price The rally that started yesterday morning failed to take any hold and oil prices ended down on the day and today has started weak again. There is little doubt that the December 6th meeting is going to be crucial as th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 days agoOpinion > oil pricePresident EnergyHurricane Energy +10

Oil Price, Rockhopper, Jersey Oil & Gas, Zenith Energy, and Finally…

WTI $60.19 -48c, Brent $70.18 -47c, Diff -$9.99 +1c, NG $3.72 +18c Oil Price Another poor week for oil, after what was intended to be a good start with sanctions coming into place on Monday there were more waivers than expected from the US who weren't as brutal as they had threatened to be. W ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 days agoOpinion > oil priceRockhopperRockhopper Exploration +7

Oil Price, Far, Infrastrata, Empyrean, and Finally…

WTI $60.67 -$1.00, Brent $70.65 -$1.42, Diff -$9.98 -6c, NG $3.54 -1c Oil Price Sometimes its the b obvious that doesnt sink in as quickly as it should….Way before November 5th the Iran situation was in the price and when the US were a touch more generous to buyers of their crude this week fu ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 days agoOpinion > MalcyMalcysMalcy's +5

Oil Price, Africa Oil Week, Plexus, and Finally…

WTI $61.67 -54c, Brent $72.07 -6c, Diff -$10.04 +48c, NG $3.56 n/c Oil Price Oil prices diverged a touch yesterday, WTI was hit by a combination of higher domestic production numbers and an inventory number that showed stocks rising by 5.8m, well above expectations. Brent performed better and ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 days agoOpinion > oil priceAOWAOW 2018 +8

Oil Price, Africa Oil Week, Tower Resources, and Finally…

WTI $62.21 -89c, Brent $72.13 -$1.04, Diff -$9.92 -15c, NG $3.56 Africa Oil Week Blog Africa Oil Week continues with an excellent turn out of companies and good speakers at the rostrum. Indeed whilst yesterday concentrated on country presentations, new ventures and over 15 NOC's appearing, to ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 days agoOpinion > MalcyMalcysMalcy's +6

Oil Price, Trinity, Sound, Reabold, Columbus, and Finally…

WTI $63.14 -55c, Brent $72.83 -6c, Diff -$9.69, NG $3.28 +5c The blog is coming to you from Cape Town this week as I report from Africa Oil Week, the most important conference for companies and investors across the continent. I will report from presentations made and hopefully interview some of ...

Malcolm Graham-Wood - Malcy's Blog


Posted 14 days agoOpinion > oil priceTrinity E&PTrinity Exploration & Production +8

Rose, Genel, Amerisur

Rose Petroleum Rose has announced that it has received approval from the US BLM to drill the GV22-1 well within the company's Paradox acreage in Utah. The well is located on the new leases acquired in March 2018 and where 3D seismic was completed in December 2017. Rose plans to drill this well ...

Malcolm Graham-Wood - Malcy's Blog


Posted 18 days agoOpinion > Rose PetroleumGenel EnergyAmerisur Resources +4

Oil Price, Savannah, Eco Atlantic, Frontera, Serica, Afren, and Finally…

WTI $66.18 -86c, Brent $75.91 -$1.43, Diff -$9.73 -57c, NG $3.19 -1c Oil Price Little changes just now, oil is fairly weak and crude inventory numbers are building although a warning should be that both gasoline and distillates are drawing more than forecast at the moment. The major oil produ ...

Malcolm Graham-Wood - Malcy's Blog


Posted 18 days agoOpinion > oil priceSVPSavannah Petroleum +9

Oil Price, President, Frontera, Faroe, and Finally…

WTI $67.59 +26c, Brent $77.62 +73c, Diff -$10.03 +47c, NG $3.18 -2c Oil Price Little has changed in the energy complex since I last shared my views, with deadline day for Iranian crude sanctions now less than a week away, buyers are walking away but there is plenty of stock on the high seas a ...

Malcolm Graham-Wood - Malcy's Blog


Posted 20 days agoOpinion > oil pricePresident Energyfrontera resources +5

Oil Price, President, Savannah, Sound, Reabold, Eco Atlantic, Afren, and Finally…

WTI $67.33 +51c, Brent $76.89 +72c, Diff -$9.56 +21c, NG $3.20 +4c Oil Price Oil prices rallied modestly yesterday after a mixed set of inventory stats from the EIA. Whilst stocks  continued to build, 6m barrels up it wasn't as bad as the API report and products were actually pretty bullish. ...

Malcolm Graham-Wood - Malcy's Blog


Posted 24 days agoOpinion > oil pricePresident EnergySavannah Petroleum +10

Cairn/Far, Range

Cairn/Far Cairn has announced that the Development and Exploitation plan for the SNE field offshore Senegal  has been submitted on schedule to the Government of Senegal with approval targeted later this year. Interestingly it also announces that JV partner (subject to international arbitration) ...

Malcolm Graham-Wood - Malcy's Blog


Posted 25 days agoOpinion > Cairn EnergyFar LimitedSenegal +8

Oil Price, Far Limited, RockRose Energy, Petro Matad, and Finally…

WTI $69.36 +8c, Brent $79.83 +5c, Diff -$10.47  -19c, NG $3.14 -11c Oil Price Dangerous times we live in especially when one of the hands on the wheel of international diplomacy is President Erdogan, let alone MbS and Mr Trump. despite all this turmoil the oil price is weak for choice, down a ...

Malcolm Graham-Wood - Malcy's Blog


Posted 26 days agoOpinion > oil priceMalcyMalcys +5