Tullow Oil


All posts for Tullow Oil

Oil Price, Savannah, Tullow, SOCO, And Finally…

  Oil Price Crude continues to rise and my chartist friends are getting desperate as all markers are piling through resistance levels which makes them very nervous. Above $69 on Brent for example the next stop is $71 which is the 50% retracement level, this takes it into clear blue water, after ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 days agoOpinion > Malcy's Blogoil priceSavannah Petroleum +6

Oil Price, SDX Energy, Tullow/Magma Global And Finally…

  Oil Price A modest up day yesterday, somewhat led by product prices in the US which is not surprising given the bad weather out there. As forecast, distillate stocks are running down as US power plants are using fuel oil where they can, with demand increased as a big nuclear plant on the ea ...

Malcolm Graham-Wood - Malcy's Blog


Posted 10 days agoOpinion > oil priceMalcy's BlogSDX Energy +5

Tullow Secures US$2.5 Billion Debt Refinancing

29 November 2017 - Tullow Oil plc (Tullow) is pleased to announce that it has completed the refinancing of US$2.5 billion of Reserves Based Lending (“RBL”) credit facilities. The US$2.5 billion of credit facilities are split between a commercial bank facility of US$2.4 billion and an IFC facility ...

OilVoice Press - OilVoice


Posted 1 month agoPress > RBLTullow OilDebt Refinancing +1

Oil price, Tullow/UOG, President Energy, WOGW And finally…

  Oil price Opec week finally comes around and as usual it seems that most of the decisions have been made in advance in order to give the impression of harmony and accord amongst the member states. Obviously, with the Opec/Non-opec agreement there are more meetings to squeeze in ahead of Thurs ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceTullow OilOPEC +3

Eco Atlantic Files for ECC Drilling Permit on PEL 30 “Cooper” Block Offshore Namibia to Explore Osprey

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), is pleased to announce that it has received partnership approval to release its Public Notice for Environmental Clearance Certificate (ECC) for Drilling an Exploration Well within its Osprey Lead on its Offshore “Cooper” Block (PEL30) in the W ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Eco AtlanticAIMOffshore +4

Oil price, SDX, Tullow And finally...

  Oil price With very quiet trading today crude oil is virtually unchanged after another positive week. Yesterday Brent closed within spitting distance of the much spooked $60 level although it was a 27 month high for the marker. A combination of factors is keeping oil high some more tangible t ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > oil priceSDX EnergyTullow Oil +3

Tullow Oil: Araku-1 Well Update

Tullow Oil plc provides an update on the Araku-1 well, offshore Suriname. The Araku-1 exploration well in Suriname has been drilled to a total depth of 2,685 metres and penetrated the objectives of the Araku prospect. No significant reservoir quality rocks were encountered although logging and sam ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Tullow OilSurinameWell Update +1

Hess Announces Sale of Interests in Equatorial Guinea

Divestment Part of Strategy to Focus Portfolio on Higher Return Assets Hess Corporation (NYSE:HES) announced today that it has entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy (NYSE/LSE: KOS) and Trident Energy for a total consideration of $650 mil ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Hess CorporationNYSEEquatorial Guinea +4

Oil price, VOG, Faroe, Amerisur, Trinity, Tullow And Finally...

Oil price No blog yesterday, a hugely busy one running around catching up with companies with results as the end of September deadline approaches. The oil price had an equally frenzied day, a number of factors pushed prices higher, indeed Brent closed at a two year peak although this morning p ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil priceVictoria Oil & GasFaroe Petroleum +3

Global Oil Firms Back First South Sudan Energy Event

South Sudan's first ever energy and infrastructure conference has gained strong support from global oil and gas firms, testifying to the nation's unrealized energy industry potential. South Sudan Oil & Power will take place at the UAP Equatoria Tower in Juba on October 11-12, 2017. The event, organi ...

Aydanur Akkurt - Africa Oil & Power


Posted 4 months agoPress > South SudanChina National Petroleum Corporation CNPCPETRONAS +3

Oil price, Faroe Petroleum, Echo Energy, Tullow Oil, Range Resources, Petrofac, And finally…

Oil price New best friends Russia and Saudi Arabia are underpinning the market, to a degree although longevity is always uncertain. The KSA after having surprisingly ‘unadhered' to its own quota in May has now accepted its punishment and will cut back more in August and September. The Russians are ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > Malcy's BlogFaroe PetroleumEcho Energy +3

Oil price, Hurricane, Cairn/FAR, Sound, Tullow, Sundry-Petrofac-Cycles analysis- And finally...

Oil price Another up day yesterday as the market's eyes turned to the EIA inventory stats following the rather disappointing API numbers the night before. Whilst the draw of 1.8m barrels was short of the 2.5m whisper it was enough to keep the bears at a distance. It will be worth watching the net ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 months agoOpinion > Malcy's BlogHurricane EnergyCairn Energy +4

Total Talks in South Sudan Reach Impasse

Negotiations between the Government of South Sudan and a group of investors including French supermajor Total broke down last week when both sides could not reach an agreement to develop a prized piece of onshore oil and gas real estate. For several months, South Sudan had been trying to sign an exp ...

Aydanur Akkurt - Africa Oil & Power


Posted 8 months agoPress > South SudanTotalTullow Oil +2

Play by Play: Lake Turkana and Lake Victoria

The discovery of oil in the Kenyan side of Lake Turkana in 2012 by Tullow Oil dramatically shifted the area's oil and gas profile. The most northern of the great lakes of the East African Rift System (EARS), Lake Turkana is today dominated by one oil and gas company, Tullow Oil. Tullow Oil, in p ...

Aydanur Akkurt - Africa Oil & Power


Posted 9 months agoLink > Lake TurkanaLake VictoriaTullow Oil +1

New Oil Contract Points to South Sudan Comeback

As the South Sudan government tries to raise production, a new player signs on with the promise of a $500-million investment. South Sudan's 2017 campaign to boost oil exploration and production is off to a running start. Nigerian upstream independent Oranto Petroleum announced today that it had sig ...

Aydanur Akkurt - Africa Oil & Power


Posted 10 months agoPress > South SudanOranto PetroleumAtlas Oranto +4