Faroe Petroleum


All posts for Faroe Petroleum

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, 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

Oil Price, Sound, Faroe, Frontera, DGO, UOG, Echo, RockRose, Eco (Atlantic), Hurricane, and Finally…

WTI $73.45 +69c, Brent $77.85 +23c, Diff -$4.40 -46c, NG $2.94 -4c Oil Price Oil appreciated yesterday but I can add little, all is going as expected with a few twists. Supply is under pressure from all sides, WTI is being squeezed as Canadian imports fall as do inventories with refinery capa ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceMalcyMalcy's +14

Faroe Petroleum - Brasse East Well Commitment

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the commitment by the PL740 Brasse Joint Venture partners (Faroe 50% and operator and Point Resources 50%) to drill the Brass ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Faroe Petroleum

Faroe Petroleum Annual Report 2017

Chairman's and Chief Executive's statement Faroe's consistent strategy of creating value through the drillbit has delivered another yearof strong progress and reserves growth. Year-on-year reserves grew by 20% and in the last five years reserves have grown by more than 400% – mainly as ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Faroe PetroleumAnnual ReportsEarnings +1

Faroe Petroleum: Production Increase at Tambar and Fogelberg Update

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that both new infill wells drilled this year on the Tambar field in Norway, (Faroe 45%) have now been brought successfully on ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Faroe PetroleumProductionTambar Field +6

Oil Price, Sound Energy, Faroe Petroleum, SDX Energy, Bahamas Petroleum, And Finally…

WTI $68.19 +14c, Brent $74.74 +74c, Diff -$6.55 +60c, NG $2.82 +4c Oil Price It is still all about I Ran, clearly the Donald didnt take anything his mate Emanuelle said the other night nor should we have expected him to, this is one decision he is unlikely to go back on. May the 12th is begin ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil priceSound EnergyFaroe Petroleum +5

Oil Price, Hurricane, Faroe, Zenith, And Finally…

WTI $63.42 +$1.36, Brent $68.65 +$1.54, Diff -$5.23 +18c, NG $2.69 -1c Oil Price It's a bit of a see-saw life in the oil market at the moment with traders having to be on their toes even more than usual. Yesterday crude oil rallied sharply as it was tariff war off and Syria war back on which ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > oil priceZenith EnergyHurricane Energy +4

Faroe Petroleum: Approval of Plan for Development and Operation of Fenja Field

Faroe Petroleum, the independent oil and gas Company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that the Norwegian Minister of Petroleum and Energy has approved the plan for the development and operation (‘PDO') of the Fe ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Faroe PetroleumFenja FieldOil +3

Faroe Petroleum: Fogelberg Appraisal Well Update

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to provide an update with preliminary results of the Fogelberg appraisal well in the Norwegian Sea (Faroe 15% 1 ). Highlights Successf ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Faroe PetroleumwellFogelberg +4

Oil Price, Faroe, Ascent Resources, and Finally…

WTI $63.37 -14c, Brent $68.02 -10c, Diff -$4.65 +4c, NG $2.72 +2c Oil Price The weakness I mentioned yesterday at the start was abruptly turned around by a good set of EIA inventory stats. The draw of 4.62m barrels was better than expected by a margin and having been a buck 50 down crude reco ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > oil priceFaroe PetroleumAscent Resources +3

DNO Acquires Additional Shares in Faroe Petroleum

5 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that it has acquired 8,487,838 shares in Faroe Petroleum plc at a price of GBP 1.25 per share representing 2.32 percent of the outstanding shares in Faroe Petroleum. This follows the separate completion on 4 April 2018 of ...

OilVoice Press - OilVoice


Posted 4 months agoPress > DNOFaroe PetroleumShares +1

DNO - Rule 2.8 Statement: No Intention to Bid Statement

Oslo, 4 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that it does not intend to make an offer for Faroe Petroleum plc. This is a statement to which Rule 2.8 of the Takeover Code (the "Code") applies. Under Note 2 of Rule 2.8 of the Code, DNO reserves the right t ...

OilVoice Press - OilVoice


Posted 4 months agoPress > DNONorwayTaekover +3

Oil Price, Amerisur, Faroe, and Finally…

WTI $63.51 +50c, Brent $68.12 +48c, Diff-$4.61 -2c, NG $2.70 +2c Oil Price A modest bounce yesterday with the Russian Oil Minister suggesting that they will discuss long term cooperation at the upcoming ministerial talks. Equities bounced which took commodities with them and Bloomberg announc ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > MalcyMalcy'sMalcy's Blog +5

Faroe Petroleum: Significant Gas/Condensate Discoveries in Hades and Iris Prospects, Norway

Faroe Petroleum, the independent oil and gas Company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce significant discoveries in both the Hades and Iris prospects in licence PL 644 B (Faroe 20%), located in the Norwegian Sea. ...

OilVoice Press - OilVoice


Posted 4 months agoPress > NorwayOffshoreHades +6