Faroe Petroleum


All posts for Faroe Petroleum

Faroe Petroleum - Boné Exploration Well Results

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, announces that drilling has reached target depth on the7183/12-2 Boné exploration well in the Barents Sea (Faroe 20%). The Boné well has been drill ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Faroe PetroleumBone Exploration Well

Oil price, Faroe, And finally...

Oil price The oil price is marginally down on the week but little has happened, the inventory figures may have signalled panic but were rescued by the gasoline draw helped by lower refinery runs but better signs of growth in the economy. A very slight thaw in the Donald's attitude towards China is ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > Malcy's BlogFaroe Petroleum

Oil price, Faroe, SDX Energy, And finally…

Oil price Both the Saudi Oil Minister and the head of Saudi Aramco were on their hind legs at Dav-oh yesterday, the former saying that the US supply infrastructure was ‘decimated' and the latter confirming that the oil market would have re-balanced by the end of the first half. He also snuck in ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > Malcy's BlogFaroe PetroleumSDX Energy

Faroe Petroleum awarded four new exploration licences in Norway

Four new exploration licences awarded in Norway   Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has been awarded four new prospective exploration licences, ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Faroe PetroleumNorwaylicence round

Oil price, Amerisur, Victoria Oil & Gas, Sundry-Faroe-IGTV interview on bucket list.

Oil price The oil market is now almost shut for the Christmas holiday and was solid yesterday on the back of pretty good US economic data. It is worth keeping an eye on the natural gas price which remains firm and is probably likely to remain so. Preliminary numbers on US natural gas consumption ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > Malcy's BlogAmerisur ResourcesVictoria Oil & Gas +1

Oil price, Rockhopper, Amerisur, Faroe, And finally...

Oil price The only major item of note yesterday was a narrowing of the discount of WTI to Brent, this  came partly as traders feel that the the UK pipeline reopening brings more Brent to the market and slightly weakens the relative prices and partly as the gap has simply become too high. Apart fr ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > Malcy's BlogRockhopper ExplorationAmerisur Resources +1

Oil price, Shell, Plexus, EOG, Sundry-Faroe-Falcon-IOG- And finally...

Oil price Crude oil has drifted back in the last couple of days, production is obstinately high, reports yesterday that Opec output in November was up to 34.2m b/d and that Russia was up to 11.2m b/d. Add to that news of first Saudi Arabia and then Kuwait cutting prices to Asian customers and one ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > oil priceShellPlexus +4

Faroe Petroleum: Completion of acquisition of Norwegian production assets

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 it has completed the previously announced acquisition of interests in five Norwegian North Sea producing oil and gas fiel ...

Katie Woodward - OilVoice


Posted 2 years agoPress > Faroe Petroleum

Oil price, Faroe Petroleum, Jersey Oil & Gas, And finally...

WTI $45.23 -$1.85, Brent $46.38 -$1.86, Diff -$1.15 -1c, NG $3.32 n/c Oil price The day of the Opec meeting dawns and no one is quite sure of what the end of the day will bring. I guess that the market is slightly favouring a  deal of some sort without too much confidence, intransigence rules ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > oil priceFaroe PetroleumJersey Oil & Gas +1

Faroe Petroleum submits Oda field development plan

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 partners in the Oda (previously named Butch) field (licence PL 405) have submitted the plan for its Development and ...

Katie Woodward - OilVoice


Posted 2 years agoPress > Faroe PetroleumOdaNorway +1

Oil price, Sound Energy, Providence Resources, Faroe Petroleum, CEO Interview, And finally...

WTI $47.96 -7c, Brent $48.95 -17c, Diff -$0.99 -10c, NG $3.03 +4c Oil price A very Happy Thanksgiving to the many readers over the pond.... If I had written a blog yesterday the oil price piece might have said that the Opec technical committee had proposed that a 4-4.5% cut excluding Nigeria ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > oil priceSound EnergyProvidence Resources +2