President Energy


All posts for President Energy

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 1 day 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 4 days agoOpinion > oil priceGenel EnergyPresident Energy +3

Oil price, Independent Oil & Gas, Tullow, President Energy And finally…

  Oil price Another up day for crude yesterday, Opec kicked of the monthly reports session by increasing demand forecasts for next year by an albeit modest 200/- b/d. The EIA STEO is out this morning and at first glance is uncontentious. Crude drifted late in the day and when the API inventory ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 days agoOpinion > Independent Oil & GasTullowPresident Energy +2

Oil price, JOG, President, Columbus, Petrofac, Wood Group And finally…

  Oil price Oil prices faded at the end of last week for no great reason, TS Nate worried traders who thought that it would take out refining capacity but in the end whilst it was all gong and very little dinner by recent standards. The fundamental news is much more positive, the Putin/Salman t ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > AminexAmerisur Resourcesoil price +15

Oil price, Sound Energy/Coro Energy, Echo Energy, Zenith Energy, Frontera Resources, And finally...

An interesting week in the oil markets, Brent should end it virtually unchanged with WTI off by a dollar or so. Interestingly WTI is now seeing buyers from far and wide, partly as the discount now makes it cheap enough to take to India, China and the Pacific rim. The EIA announced that last week th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 15 days agoOpinion > Amerisur ResourcesSound EnergyCoro Energy +8

Oil price, President, Gulfsands, Pantheon, IOG, RockRose, And finally...

  Oil price Oil prices have drifted after the big rises earlier in the week but barring the unforeseen the market looks to be set reasonably fair. Today is the end of the week, month and quarter so don't expect any fireworks, also with Brent expiry and rollover of contracts looking economically ...

Malcolm Graham-Wood - Malcy's Blog


Posted 22 days agoOpinion > oil pricePresident EnergyGulfsands Petroleum +3

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 1 month agoOpinion > Malcy's Blogoil pricePresident Energy +4

Major Acquisition of Producing Assets in Neuquén Basin, Argentina from Chevron

President Energy (AIM: PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, is pleased to announce the acquisition of Chevron's 100% operated interest in its oil producing assets at Puesto Flores and Estancia Vieja in ...

OilVoice Press - OilVoice


Posted 1 month agoPress > ChevronNeuquen BasinArgentina +5

Oil price, President, Hurricane, Cabot, Sundry-Kosmos-Genel-Aminex- And finally…

Oil price The oil market was fast and furious yesterday and in heavy trading both WTI and the new front month of Brent crude for October struggled under a welter of mainly disappointing news. The first was the Bloomberg report that July output from Opec was again above quotas with an increase of 2 ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > Malcy's BlogPresident EnergyHurricane Energy +4

Oil price, Sound Energy, Echo Energy, President Energy, Amerisur Resources, SDX Energy, Empyrean Energy,And finally…

Oil price With the US market shut for Independence Day the oil market was extremely quiet, nothing to report. Sound Energy It's never a dull moment at SOU as today they report excellent news from Sidi Moktar where the Koba-1 well has come in as a ‘producible gas accumulation' that can move rap ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > Malcy's BlogSound EnergyEcho Energy +4

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

Oil price, Sound Energy, Rockhopper, President, Sundry-Enteq-Bahamas Petroleum- And finally...

Oil price The oil price rallied yesterday on no particular reason, Opec production was up a little but mainly due to Nigeria and Libya who are outside the agreement. The API stats which come out after the close were poor showing a build of 2.8m barrels of crude and prices have dropped modestly thi ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > Malcy's BlogSound EnergyRockhopper Exploration +3

Oil price, Amerisur, President, Echo/Rockhopper, Sound, Sundry-EOG-Trinity- And finally…

Oilprice A poor week for oil as well documented supply issues took the best part of 4% off the prices. Friday recovered slightly as Nigeria suffered a pipeline incident and the outage ensured that Shell played hard ball. The rig count grew again, overall the count was up 11 units at 927, in oil it ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > Malcy's BlogAmerisur ResourcesPresident Energy +5

Oil price, Genel, Ascent Resources, President, And finally…

Oil price Another down day although the complex moved up quite strongly  initially as traders thought that the Qatar problem might lead to geo-political grief in the Gulf. They soon realised that it may only cause the Opec production agreement to fall apart even though Qatar's quota is only a 30/- ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > Malcy's BlogGenel EnergyAscent Resources +1

Oil price, President Energy, SDX Energy, Northern Petroleum, Echo Energy. And finally…

  Oil price The oil price rallied hard yesterday on the back of the inventory stats but had lost most of it by the end of the day and again this morning after the US leaving the Paris accord led to thoughts of even more drilling. However those EIA stats were pretty impressive if easy to call f ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > Malcy's BlogPresident EnergySDX Energy +2