President Energy


All posts for President Energy

Oil Price, Echo Energy, President Energy, Sound Energy, Zenith Energy, Reabold Resources, United Oil & Gas, and Finally…

WTI $67.73 +82c, Brent $72.81 +74c, Diff -$5.18 -8c, NG $2.94 -1c Oil Price Last week WTI fell a modest 76c and Brent 40c with the EIA inventory stats causing most grief. With a strong dollar and US/Sino and US/Turkish trade wars hotting up downward pressure was exerted but attacks by and on ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 days agoOpinion > MalcyMalcy'sMalcy's Blog +8

Amerisur, President, RockRose

Amerisur Resources Amerisur in an update this morning provides positive news from Chiritza where the re-pumping station is progressing ahead of schedule and on budget. The station is expected to be commissioned in September with access to a minimum daily carrying capacity of 9,000 bopd through t ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 days agoOpinion > MalcyMalcy'sMalcy's Blog +3

Oil Price, President Energy, BP, and Finally…

WTI $69.61 +31c, Brent $74.54 +61c, Diff -$4.93 +30c, NG $2.78 n/c Oil Price Not much to add to yesterday's comments, the market was up after the Yemeni attack on the Saudi tankers which might have put the oil complex higher but it was remarkably chilled about it, even more shouting the odds ...

Malcolm Graham-Wood - Malcy's Blog


Posted 19 days agoOpinion > oil pricePresident EnergyBP +3

Oil Price, Sound Energy, Frontera, SOCO, Echo, Hurricane, Savannah, President, Rose, and Finally…

WTI $64.73 -79c, Brent $75.36 -2c, Diff -$10.63 +77c, NG $2.90 +1c Oil Price Who would be an oil trader with such odd moves that propel WTI and Brent in differing directions even on published data? Yesterday's EIA inventory stats were much worse than the teenage scribblers had predicted with ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > MalcyMalcy'sMalcy's Blog +8

Savannah Petroleum, Echo Energy, President, Zenith Energy, Sound Energy

Savannah Petroleum SAVP announce this morning that the Amdigh-1 exploration well on the R3 portion odd the R3/R4 PSC area in the Agadem Rift Basin is an oil discovery. The well encountered a total estimated 22m of net oil bearing sandstones in the E1 and E2 reservoir units within the primary Eoc ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > MalcyMalcy'sMalcy's Blog +6

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 3 months 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 3 months 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 5 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 5 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 5 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 5 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 6 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 7 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 8 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 8 months agoOpinion > oil priceTullow OilOPEC +3