Providence Resources


All posts for Providence Resources

Oil Price, Savannah Petroleum, Wentworth Resources, Providence and Finally…

WTI $63.01 -$1.93, Brent $67.64 -$1.70, Diff -$4.63 +23c, NG $2.68 -5c Oil Price The chartists are giving it some this morning as they had been getting worried that all their resistance points for crude oil were being wiped out. They now see further falls back to $60 but hey, they're chartist ...

Malcolm Graham-Wood - Malcy's Blog


Posted 23 days agoOpinion > oil priceSavannah PetroleumWentworth Resources +5

Providence Resources: Update on Frontier Exploration Licence

LICENCE UPDATE FRONTIER EXPLORATION LICENCE 6/14 NEWGRANGE   ·        EXTENSION OF THE FIRST PHASE OF THE FRONTIER EXPLORATION LICENCE 6/14 TO MARCH 2019   ·        HIGH RESOLUTION 2D SEISMIC DATA AND WELL SITE SURVEY ACQUISITION PLANNED TO COMMENCE SUMMER 2018 ·        ...

OilVoice Press - OilVoice


Posted 23 days agoPress > explorationProvidence ResourcesLicense +4

Ashurst Advises on the Sale of a 50% Stake in Barryroe Field in Ireland

International law firm Ashurst is advising Providence Resources plc ('Providence'), the Irish based oil & gas exploration company, and Lansdowne Oil and Gas plc on a farm-out agreement ('FOA') with APEC Energy Enterprises Limited ('APEC') relating to standard exploration licence ('SEL') 1/11, conta ...

OilVoice Press - OilVoice


Posted 29 days agoPress > IrelandAshurstDivestment +7

Zenith Energy, Providence Resources

Zenith Energy Zenith has announced that it has entered into an option to purchase with binding exclusivity an oil production asset located in Indonesia. The proposed acquisition envisages Zenith acquiring a 100% WI in an oil production licence which contains two onshore blocks totalling 65 sq ki ...

Malcolm Graham-Wood - Malcy's Blog


Posted 29 days agoOpinion > Zenith EnergyProvidence ResourcesMalcy +3

Providence Resources Barryroe Farm-out

FARM-OUT AGREEMENT SIGNED STANDARD EXPLORATION LICENCE 1/11 -  BARRYROE, NORTH CELTIC SEA BASIN PROVIDENCE & LANSDOWNE AGREE TO FARM-OUT A 50% WORKING INTEREST IN BARRYROE TO A CHINESE CONSORTIUM (“THE CONSORTIUM”) LED BY APEC ENERGY ENTERPRISE LIMITED (“APEC”) THE CONSORTIUM TO FUND ...

OilVoice Press - OilVoice


Posted 29 days agoPress > IrelandProvidence ResourcesFarm-Out +4

Oil price, President Energy, Hurricane Energy, Providence Resources, Frontera Resources And finally…

  Oil Price A good day yesterday as the market was positive ahead of the Opec/non Opec meeting at which an extension of the deal looks likely. The EIA inventory stats showed a build of 4.6m barrels but although that was slightly ahead of forecasts given the hurricane damage is still pretty ir ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > Malcy's Blogoil pricePresident Energy +4

Oil price, Premier Oil, Thalassa, Ophir, Providence Resources, Sundry-Shell-SDX-Egdon etc-Range Resources-AMFW- And finally…

Oil price The EIA inventory stats followed the API numbers and reported a healthy draw of 7.6m barrels as predicted here but not by the goons on the Street who had crayoned in 2.3m barrels. Mixed news though with production still high, Libya up again and the KSA slightly exceeding quotas, (but onl ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 months agoOpinion > Malcy's BlogPremier OilThalassa Holdings +5

Oil price, Victoria Oil & Gas, Providence, Tullow, President, Sundry-Petrofac-Echo-Ascent-Northern/Cabot-InfraStrata- And finally...

Oil price Another up day for crude, whatever next? Well actually a down day probably as the API stats which came out after the closing bell were rather disappointing showing a build of 851/- barrels when the scribblers had forecast a draw of 2.6m barrels. Gasoline built too, by 1.4m barrels so tod ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 months agoOpinion > Malcy's BlogVictoria Oil & GasProvidence Resources +8

Oil price, Providence Resources, And finally…

Oil price The oil price did rally yesterday for a while as the market rather enjoyed the Chinese import data which showed that May was the second highest month ever and that demand was picking up. Later in the day though, the market drifted on nothing much apart from gossip about Nigerian producti ...

Malcolm Graham-Wood - Malcy's Blog


Posted 10 months agoOpinion > Malcy's BlogProvidence Resources

Oil price, Pantheon, Sundry- Premier-Echo Energy- Wood Group- Providence Resources- And finally…

Oil price With the Opec and Non-Opec meetings due this week, culminating on Thursday with what should be a straightforward  discussion about whether to extend by 6 or 9 months the only change appears to be around deepening the cuts. I suspect that anything of that order will be discussed but proba ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > Malcy's BlogPantheon ResourcesPremier Oil +3

Oil price, Providence Resources, Hunting, Thalassa, Enteq Upstream, And finally…

Oil price Well, it doesnt get much better than this at the moment and unless the EIA stats rain on oil's current parade tonight then all should remain in an upward trajectory. Yesterday saw both the Russians and the Saudis giving genuinely positive information out. The Russian Oil Minister called ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > Malcy's BlogProvidence ResourcesHunting +2

Oil price, Cairn, Sound Energy, Providence, Sundry-EOG-Aminex-Northern Petroleum- And finally...

Oil price Still not much going on, the Saudi Oil Minister said that he sees the oil market ‘improving' but then he would, wouldn't he? The market is waiting on more Chinese data today and on the subject of data the API inventory stats showed a substantial build of 11.6m barrels which should that b ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > oil priceCairn EnergySound Energy +4

Oil price, Lamprell, Thalassa Holdings, Sundry-Genel/GKP- Providence- Cairn/Far- And finally...

Oil price Very little change last week, indeed this time last week you could have closed the book and taken the week off. The usual voices pushing either way had no ammunition although the bears had a go on Friday after the rig count numbers to no avail, with oil units up 29 to 551 one might have ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > Malcy's Blogoil priceLamprell +5

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 1 year agoOpinion > oil priceSound EnergyProvidence Resources +2