Malcy's


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Oil Price, Savannah, Columbus, Empyrean, Getech, and Finally…

WTI $67.75 -2c, Brent $76.83 +33c, Diff -$9.08 +35c, NG $2.78 n/c Oil Price Oil had a poor week with WTI – $2.05, under-performing Brent -81c mainly to do with the perceived glut of products following the end of the driving season. The strong economic figures from the US at the end of the wee ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > oil priceSavannah PetroleumSVP +6

Oil Price, Amerisur, Echo, President, Coro, Reabold, and Finally…

WTI $67.77 -95c, Brent $76.50 -77c, Diff -$8.73 +18c, NG $2.77 -2c Oil Price The inventory stats from the EIA were delayed a day following Monday's Labor Day holiday and those who were surprised by the numbers should have remembered the mantra about it marking the end of the summer driving se ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > oil priceAmerisur ResourcesEcho Energy +6

Sound Energy, Zenith Energy

Sound Energy Sound has announced this morning the award of the production concession relating to the Tendrara gas discovery in Eastern Morocco by the Moroccan Ministry of Energy. The FDP underpinning this award is very substantial and will be a significant part of the process for Sound as it mo ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > Sound EnergyZenith EnergyMalcy +2

Oil Price, Coro Energy, Hurricane, Frontera, and Finally…

WTI $69.80 -45c, Brent $77.42 -35c, Diff -$7.62 -10c, NG $2.92 +4c Oil Price Today is Labor Day in the US and the holiday marks the end of the driving season with its cross-state driving marathons and consequent use of gasoline. The refiners will change their mix but only recreational driving ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > oil priceCoro EnergyHurricane Energy +4

Oil Price, Sound, Amerisur, Echo, Eco (Atlantic), Getech, Link, and Finally…

WTI $70.25 +74c, Brent $77.77 +63c, Diff -$7.52 -11c, NG $2.87 +1c Oil Price With flash blogs in the last two days oil price comment has been absent but this week should show a healthy rise in the oil price for a number of reasons. Firstly it seems that buyers are backing off Iranian crude fa ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > oil priceSound EnergyAmerisur Resources +6

Trinity, Solo, Hunting, Reabold

Trinity Trinity has confirmed that it has commenced drilling in its six well onshore campaign by spudding the first well, with two wells already completed the company expects to bring the total of wells drilled this year to eight by the year end. With the fundraising completed the campaign is f ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > TrinityTrinity Exploration & ProductionTrinity E&P +6

Oil Price, SDX Energy, Echo Energy, Far, Faroe Petroleum, and Finally…

WTI $68.87 +15c, Brent $76.21 +39c, Diff -$7.34 +24c, NG $2.88 -4c Oil Price Last week the oil price had a healthy tick up with WTI climbing $2.81 or 4.3% and Brent rose even more, up $3.99 or 5.5%, Baker Hughes reported a sharp fall in their rig count, down 13 overall to 1044 and in oil a fa ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > MalcyMalcy'sMalcy's Blog +6

Oil Price, Rockhopper/Premier, Petrofac, Pantheon, Bahamas Petroleum, and Finally...

WTI $67.83 -3c, Brent $74.73 -5c, Diff -$6.90 -2c, NG $2.96 +1c Oil Price With this morning's 50+cent rally oil will end up having quite a good week, it needed to as a combination of world events have kept the lid on prices up til now. The interesting thing is whether the rise has been at ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > MalcyMalcy'sMalcy's Blog +7

Oil Price, Premier Oil, Aminex

Premier Oil A quick word on t he Premier interims, I am headed to the meeting and will add more later or tomorrow if it throws up any gems. The figures themself are uncontentious with profits up substantially at $98.4m and EBITDA up 19% to 388.9m. Operationally it's ok, production in the period ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > oil pricePremier OilAminex +3

Oil Price, Sound Energy, Wood Group, and Finally…

WTI $66.43 +52c, Brent $72.21 +38c, Diff -$5.78 -14c, NG $2.94 -1c Oil Price Oil continued its weak rally yesterday with Total confirming its exit from South Pars as sanctions start to grip in other areas although the mood in Tehran is not entirely pro the regime. Washington signalled that it ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > MalcyMalcy'sMalcy's Blog +3

Oil Price, Premier, Eco (Atlantic), Falcon, Infrastrata, and Finally…

WTI $65.91 +45c, Brent $71.83 +40c, Diff -$5.92 -5c, NG $2.95 +4c Oil Price Another poor week for oil, WTI slipped by 2.6% and Brent by 1.4% as markets got the jitters about tariff wars, China demand, the strong dollar and some indifferent inventory numbers. The rig count was unchanged overal ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > oil pricePremier OilEco Atlantic +6

Oil Price, SDX Energy, VOG, Faroe, IOG, Upland, and Finally…

WTI $65.46 +45c, Brent $71.43 +67c, Diff -$5.97 +22c, NG $2.91 -3c Oil Price Another up and down day yesterday which finished in the black even though President Trump made another virtue of the strong dollar. News that some Iranian clients such as India, South Korea and Japan are already maki ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > oil priceSDX EnergyVOG +8

Range Resources, Genel, Wentworth, Trinity

Range Resources A Trinidad operations update from Range this morning which details the infrastructure upgrade which is part of the ongoing modernisation activities at the Beach Marcelle field which is what they raised the money for last month. The upgrades were needed to provide a greater resili ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > Trinity E&PTrinity Exploration & ProductionRange Resources +5

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 1 year 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 year agoOpinion > oil priceFaroe PetroleumTouchstone Exploration +4