Malcy's


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President Energy, Range Resources

President Energy PPC has announced record results in January with each of their concessions making good returns and contributing profits. In the month the Argentine assets generated $1.3m after opex, G&A and finance costs. Positive cash generation was higher at $1.8m due to continued utilisation ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 days agoOpinion > MalcyMalcy'sMalcy's Blog +2

Oil Price, Frontera Resources And Finally…

WTI $62.39 +84c, Brent $65.67 +83c, Diff -$3.48 +32c, NG $2.64 +8c Oil Price IP Week started more with a whimper than a bang, what with the US shut for GW's birthday it seemed that traders were focused more on the cocktail circuit than the oil price. That combined with WTI for March expiring ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 days agoOpinion > oil pricefrontera resourcesMalcy +2

Oil Price, Zenith Energy, EnQuest, Sundry-RockRose-Baron Oil, and Finally…

WTI $61.68 +34c, Brent $64.84 +51c, Diff -$3.16 +17c, NG $2.56 -2c Oil Price Last week WTI was up $2.48 and Brent +$2.05, it didnt feel that good but the heavyweights came in from Opec and Non-Opec and lifted the gloom. The final piece in the jigsaw was the Saudi Energy Minister stating that ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 days agoOpinion > MalcyMalcy'sMalcy's Blog +7

Oil Price, Saffron/Coro, Victoria Oil & Gas, Zenith, Link and Finally…

WTI $61.34 +74c, Brent $64.33 -3c, Diff -$2.99 -77c, NG $2.58 -1c Oil Price Traders say it was a funny old day in the market yesterday, an early sell off was closed with a weak greenback helping out, but WTI gained most as it finished up on the day. The differential is now below $3 and means ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 days agoOpinion > MalcyMalcy'sMalcy's Blog +6

Oil Price, Coro, RockRose And Finally…

WTI 60.60 +$1.41, Brent $64.36 +$1.64, Diff -$3.76 +23c, NG $2.59 -1c Oil Price The traders took advantage of the better than expected EIA inventory stats to buy crude and the futures yesterday in what was described as a ‘thin' market. It may be a dead cat bounce, only time will tell but mayb ...

Malcolm Graham-Wood - Malcy's Blog


Posted 10 days agoOpinion > oil priceCoro EnergyRockRose Energy +6

Oil Price, Hurricane, Genel, Faroe, Link and Finally…

WTI $59.19 -10c, Brent $62.72+13c, Diff -$3.53 +23c, NG $2.59 +4c Oil Price If only the Vampire squids had known how their 2018 oil price forecasts would have affected the market they might have been able to make a good trade out of it and resurrect their awful commodity trading performance, ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 days agoOpinion > oil priceMalcyMalcy's +4

SDX Energy, Frontera Resources

SDX Energy The company has announced an operational update this morning from both Egypt and Morocco. In Egypt the company has signed a rig contract for the ST-6 r ig with the Sino-Tharwa Drilling company for its Ibn Yunus-1X exploration at South Disouq in Egypt. The agreement is for four firm w ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > SDX Energyfrontera resourcesMalcy +4

Oil Price, Echo Energy, Sound Energy, Frontera Resources, Faroe, Reabold Resources, Market Timing Report and Finally…

WTI $59.20 -$1.95, Brent $62.79 -$2.02, Diff -$3.59 -7c, NG $2.58 -11c Oil Price That certainly was the week that was, kicked off by the jobs report and wages numbers the previous Friday, market turbulence was evident across the world and risk-off positions saw commodities hit across the boar ...

Malcolm Graham-Wood - Malcy's Blog


Posted 13 days agoOpinion > MalcyMalcy'sMalcy's Blog +7

Oil Price, Savannah Petroleum, Pantheon Resources, Eco Atlantic, Market Timing Report and Finally…

WTI $61.15 -64c, Brent $64.81 -70c, Diff -$3.66 -6c, NG $2.70 n/c Oil Price You heard it here first, the moment you knew that the Vampire Squids had upped their oil price targets to $75 and $80 for this year you should have sold out and watched the market fall… Another drift yesterday, the m ...

Malcolm Graham-Wood - Malcy's Blog


Posted 13 days agoOpinion > Savannah Petroleumoil pricePantheon Resources +8

Oil Price, SDX Energy, IGas, Ophir, DGO, And Finally…

WTI $65.80 +$1.07, Brent $69.65 +76c, Diff -$3.85 -31c, NG $2.86 Oil Price The monthly numbers for crude oil were good, WTI rose 7.1% and Brent was up by 4.35%, a decent performance under the circumstances. If there had been a blog yesterday it would have noted that poor API inventory stats w ...

Malcolm Graham-Wood - Malcy's Blog


Posted 23 days agoOpinion > Malcy'sMalcyMalcy's Blog +7

Oil Price, Echo Energy, Range Resources, i3 Energy And Finally…

WTI $64.50 -$1.06, Brent $69.02 -44c, Diff -$4.52 +62c, NG $3.19 +3c Oil Price The general drift continues and yesterday indices fell in advance of the State of the Union address, this morning oil is also down by around 40 cents. Echo Energy An update from Echo this morning in which the c ...

Malcolm Graham-Wood - Malcy's Blog


Posted 25 days agoOpinion > MalcyMalcy'sMalcy's Blog +4

Oil Price, Jersey Oil & Gas, President Energy, Serica Energy And Finally...

WTI $66.14 +63c, Brent $70.52 +10c, Diff -$4.38 -53c, NG $3.51 +6c Oil Price That was the good week that was, WTI continued to outperform Brent and was up $2.83 on the week vs +$1.91 bringing today's differential closer to $4 than $5. The rig count rose sharply, by 12 in oil to 759 which will ...

Malcolm Graham-Wood - Malcy's Blog


Posted 27 days agoOpinion > oil priceMalcyMalcy's +6

Oil Price, SDX Energy, RockRose Energy And Finally…

WTI $65.51 -10c, Brent $70.42 -11c, Diff -$4.91 -1c, NG $3.45 -6c Oil Price It has not been a bad week for the oil price, news has mainly been positive and the dollar remained weak until the Donald gave it a leg up yesterday (before which Brent had traded over $71) although the greenback is b ...

Malcolm Graham-Wood - Malcy's Blog


Posted 30 days agoOpinion > MalcyMalcy'sMalcy's Blog +4