President Energy


All posts for President Energy

Oil price, President, Sound, Petro Matad, Touchstone, Ophir And finally...

Oil price The dust is settling on the oil complex at the moment and Brent crude is down some 50 odd cents as I write. A bit more money is coming off the table from the traders who think that enough is enough but they remain long in case of  further geopolitical trauma. Worries that Opec and Non-O ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 days agoOpinion > Malcy's BlogPresident EnergySound Energy +3

Oil Price, Amerisur, President, Trinity, and Finally…

WTI $67.39 +32c, Brent $72.58 +56c, Diff -$5.19 +24c, NG $2.73 +5c Oil Price The week ended with a bang, especially if you were near any chemical factories near Damascus and ironically the thought that Saturday night's bombings were, at least for the time being, the end of the matter has tak ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceAmerisur ResourcesPresident Energy +5

Oil Price, President Energy, Echo Energy, Savannah Petroleum, Frontera Resources and Finally…

WTI $62.04 +$1.92, Brent $65.49 +$1.88, Diff -$3.45 -4c, NG $2.73 -2c Oil Price It seems so long ago that I wrote a ‘normal' blog that I can hardly remember how to, the Ipad has been in action in airport lounges, hotel rooms and various offices in the last few weeks but all is pretty well bac ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > MalcyMalcy'sMalcy's Blog +7

President Energy

President has announced new, independent certified Argentine reserves with the Neuquen Basin 2P number increased by 66% to 8 MMboe giving total in country net reserves of 26.6 MMboe. 1P net reserves are up over 30% to 4.5 MMboe, Given that at the time of acquisition the Puesto Flores/Estancia Vieja ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > President EnergyMalcyMalcy's +3

Oil price, Amerisur, Frontera, Sundry-Saffron-RKH-JOG-ECO-President-RBD and Finally…

WTI $60.99 -65c, Brent $63.53 -90c, Diff -$2.84 -25c, NG $2.70 +3c Oil Price Oil will end the week down after a series of events but mainly due to the EIA inventory stats that surprised the teenage scribblers that pass for analysts on Wall Street. If they had been around last year or the one ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > MalcyMalcy'sMalcy's Blog +14

President Energy, Range Resources

President Energy PPC has announced record results in January with each of their concessions making good returns and contributing profits. In the month the Argentine assets generated $1.3m after opex, G&A and finance costs. Positive cash generation was higher at $1.8m due to continued utilisation ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > MalcyMalcy'sMalcy's Blog +2

Oil Price, Jersey Oil & Gas, President Energy, Serica Energy And Finally...

WTI $66.14 +63c, Brent $70.52 +10c, Diff -$4.38 -53c, NG $3.51 +6c Oil Price That was the good week that was, WTI continued to outperform Brent and was up $2.83 on the week vs +$1.91 bringing today's differential closer to $4 than $5. The rig count rose sharply, by 12 in oil to 759 which will ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil priceMalcyMalcy's +6

Oil Price, President Energy, Frontera Resources, Zenith Energy And Finally…

  Oil Price There is not much to add on the oil price to events of the week. Yesterday Brent printed above $70 but ended up 80 cents off the top as traders, already long, felt no need to take out the higher resistance levels. It will take something quite powerful to do it but chartists dont wor ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > oil pricefrontera resourcesPresident Energy +1

Oil price, SDX Energy, President Energy, Savannah Petroleum, Amerisur Resources, Sundry-Petrofac-IOG- And finally…

  Oil price At this rate with crude up modestly this morning the week may end up being flat or even up a touch, news in the market has tugged the price this way and that reflecting diverse sympathies. The downward pressure has come from agencies reporting higher US shale production and today th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > oil priceAmerisur ResourcesPresident Energy +6

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 5 months agoOpinion > oil priceTullow OilOPEC +3

Oil price, President Energy, Wentworth Resources, Premier Oil And finally…

  Oil price More drift yesterday as the Russians play a little politics, odd that…Oil Minister Novak held a meeting with Russian oil companies yesterday and the vibes from the meeting were in some quarters, oil is now $60 do we need to extend the agreement this month? Although they might be ‘ ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > oil pricePresident EnergyWentworth Resources +3

Oil price, President Energy, Ascent Resources, Far Limited, And finally…

  Oil price A sluggish start yesterday for the oil price, the inventory stats were fine but the API had taken the kudos the day before so it was a bit like after the Lord Mayor's Show. Having said that both the KSA and Russia talked the talk in comments and interviews and there is clearly serio ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > oil priceAscent ResourcesPresident Energy +1

Oil price, Echo Energy, President Energy, Reabold Resources And finally…

  Oil price Onwards and upwards as yesterdays news was all pretty positive both actual and technical. The Reuters October Opec production report showed exports of 32.78m b/d, 80/- b/d down on September and compliance is around 102% if not lower. The API inventory stats which came out after the ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > oil priceEcho EnergyPresident Energy +1

Oil price, Jersey Oil and Gas, President Energy, Wentworth Resources, BP And finally…

  Oil price The market ran out of steam yesterday, there was no shortage of good news but a combination of profit taking and a lessening of geopolitical risk in Kurdistan as I reported yesterday, took the heat out of the market. That was added to by Shell lifting the Force Majeure on Bonny Ligh ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > oil priceJersey Oil & GasPresident Energy +5

Oil price, Genel Energy, President Energy, Zenith Energy And finally...

  Oil price No blog yesterday as I was ‘out and about' but company news is fairly thin on the ground at the moment. The oil price remains firm and today Brent is above $58 and WTI above $52, last week they gained $1.55 and $2.16  respectively. The main positive are the substantial export cuts f ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > oil priceGenel EnergyPresident Energy +3