Malcy's


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Oil Price, President, Echo, VOG, Zenith, and Finally…

WTI $69.12 +47c, Brent $79.78 +47c, Diff -$10.66 +2c, NG $3.25 +5c Oil Price With various pulls on the oil price exerting their pressure last week oil prices fell again, WTI by $2.22 but Brent was only off 65c, this morning both have rallied modestly. We still have the Khashoggi incident over ...

Malcolm Graham-Wood - Malcy's Blog


Posted 23 hours agoOpinion > MalcyMalcy'sMalcys +7

SDX Energy, Far Ltd

SDX Energy SDX has announced that the discussions with BP re a significant package of assets have been terminated by ‘mutual agreement' and the suspension of the shares has been lifted. Paul Welch, CEO said he was ‘clearly disappointed that the transaction had not materialised' and that ‘we are ...

OilVoice Press - OilVoice


Posted 4 days agoOpinion > MalcyMalcysMalcy's +4

Sound, Trinity, Amerisur

Sound Energy Sound has announced that its TE-9 well at Tendrara in Eastern Morocco will spud today. The first of a three well campaign it will test the A1 prospect and it is intended to drill both the TAGI as a primary target and also the underlying Paleozoic as a secondary and the well is expec ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 days agoOpinion > Sound EnergyTrinity E&PTrinity Exploration & Production +5

Oil Price, Sound Energy, Podcasts, and Finally…

WTI $71.78 +44c, Brent $80.78 +35c, Diff -$9.00 -9c, NG $3.24 +8c Oil Price The oil price did end up on the day yesterday but at one stage looked like it was going to be nearer two bucks rather than the change that it turned out to be. With ‘KhashoggiGate' in full swing the worries about a fu ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 days agoOpinion > MalcyMalcysMalcy's Blog +3

Oil Price, Hurricane, Echo, Zenith, President, Columbus, and Finally…

WTI $71.34 +37c, Brent $80.43 +17c, Diff -$9.09 -20c, NG $3.16 -6c Oil Price I'm not sure that I can add much to what I have already opined on the oil price. It went up preparing for US sanctions on Iran but that was pretty much in the price when it peaked at around $85, Opec+had met but had ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 days agoOpinion > MalcyMalcysMalcy's +6

Oil Price, Frontera, RockRose, Touchstone, and Finally…

WTI $70.97 -$2.20, Brent $80.26 -$2.83, Diff -$9.29 -63c, NG $3.22 -6c Oil Price As expected oil came back to earth with a bit of a bump this week and if it hadn't been for a bit of a rally this morning may have been 5 bucks down on the week. Put into context though and things aren't that ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 days agoOpinion > oil pricefrontera resourcesRockRose Energy +5

Savannah Petroleum, Chariot Oil & Gas, DGO

Savannah Petroleum An update from Savannah this morning in which the company announces that it is extremely close to obtaining Ministerial Consent in relation to the approval of  the Seven Energy transaction. The company has submitted the the revised terms as announced on 20th September to the ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > DGODiversified Gas & OilSavannah Petroleum +5

Genel, Columbus

Genel Energy A trading and operations update from Genel this morning hot on the heels of yesterday's excellent news from Peshkabir where production has ramped up to 50,000 b/d ahead of year end target and below budget. Today they add that production will be slightly above current guidance of 32, ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > Genel EnergyGenelColumbus +6

Oil Price, i3 Energy, and Finally…

WTI $74.34 +1c, Brent $84.16 -42c, Diff -$9.82 -43c, NG $3.14 -2c Oil Price I was away last week and the oil price went onwards and upwards, WTI rose $1.09 and Brent $1.43 albeit with a fall on Thursday. The week saw a rally on speculation about a lack of production led by Mr Trump but which ...

Malcolm Graham-Wood - Malcy's Blog


Posted 14 days agoOpinion > oil pricei3 EnergyMalcy +3

Savannah Petroleum

Savannah Petroleum Savannah has announced that the Zomo-1 exploration well in the R3 portion of the R3/R4 PSC area in the Agadem Rift Basin in SE Niger is its 5th consecutive oil discovery. The well encountered 5.4m of net oil bearing reservoir sandstones in the E1 reservoir unit within the prim ...

Malcolm Graham-Wood - Malcy's Blog


Posted 18 days agoOpinion > Savannah PetroleumSVPexploration +5

Amerisur Resources, Echo Energy, Range Resources

Amerisur Resources Amerisur has announced this morning that the Pintadillo-1 discovery well is ahead of expectations and will pay back in ‘under a year ‘. The T sand interval has flow tested under natural flow at 590 b/d of light 30.4 API crude oil under a choke of 18/64” with strong wellhead p ...

Malcolm Graham-Wood - Malcy's Blog


Posted 20 days agoOpinion > Amerisur ResourcesEcho EnergyRange Resources +8

Oil Price, RockRose, Sound Energy

I am away for a few days but can't avoid seeing the oil price continuing to strengthen, as I write WTI is$75.50 and Brent just shy of $85. The same reasons apply as before but in an increasingly tight market and with China and India both cutting liftings from Iran the inevitable last quarter panic i ...

Malcolm Graham-Wood - Malcy's Blog


Posted 20 days agoOpinion > MalcyMalcy'sMalcy's Blog +3

Oil Price, Savannah Petroleum, Chariot, Getech, and Finally…

WTI $72.12 +55c, Brent $81.72 +38c, Diff -$9.60 -17c, NG $3.06 +4c Oil Price I can add little this morning, even the month and quarter end mean that trade will likely be low and the prices above will be the markers. With a rate rise in the US keeping the greenback strong it has been a solid p ...

Malcolm Graham-Wood - Malcy's Blog


Posted 25 days agoOpinion > MalcyMalcy'sMalcy's Blog +5

Oil Price, Eco Atlantic, Plexus, and Finally…

WTI $71.57 -71c, Brent $81.34 -53c, Diff -$9.77 +18c, NG $3.02 -6c Oil Price The oil price fell yesterday and the blame will likely be laid at the feet of the inventory stats from the EIA. With the API having reported a build the night before the bulls wanted a draw here, 1.3m down was foreca ...

Malcolm Graham-Wood - Malcy's Blog


Posted 26 days agoOpinion > oil priceEco AtlanticEco Atlantic Oil & Gas +5

Oil Price, President, Amerisur, Rose, Zenith, and Finally…

WTI $72.28 +20c, Brent $81.87 +67c, Diff -$9.59 +47c, NG $3.08 +4c Oil Price The oil price remains strong as concerns remain about production, as Opec+ say that all customers are being supplied as to their needs this looks like a trader inspired ramp to me. At the UN the President blamed Opec ...

Malcolm Graham-Wood - Malcy's Blog


Posted 27 days agoOpinion > MalcyMalcy'sMalcy's Blog +5