Genel Energy


All posts for Genel Energy

Oil price, Amerisur, Genel, Plexus, Links And finally…

  Oil price Onward and sedately upwards, the oil market takes note of the near 400/- b/d closed in from Kurdistan although not panicking as surely some agreement will be put in place. Chatter that the Opec/Non-Opec agreement might be extended through the whole of 2018 also supported prices but ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 hours agoOpinion > oil priceAmerisur ResourcesPlexus +2

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 2 days agoOpinion > oil priceGenel EnergyPresident Energy +3

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, Genel, Sundry-Empyrean-Thalassa-UKOG- And finally…

Oil price Onwards and upwards as a number of things added to yesterday's tick list. The data is coming out re long/short positions built in July and they, unsurprisingly show a substantial build in NSL with a lot of short closing. Elsewhere it was announced that there will be a meeting on 7/8 Augu ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > Malcy's BlogSound EnergyGenel Energy +3

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, Aminex, Sundry-Genel-Lamprell- And finally…

Oil price The oil price is up this morning, the first day since Easter and both WTI and Brent have since lost about four bucks a barrel for supply reasons. The supply in question has been from the US where I and others reported last week that the EIA had pushed up supply numbers although crude inv ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > Malcy's BlogAminexGenel Energy +1

Oil price, Plexus, Bowleven, Genel, And finally…

Oil price The Russian Energy Minister has this morning in an interview on CNBC said that they are fully behind the Opec initiative to cut production. He said that Russia ‘is reducing production in stages' and that by the end of April would have reached their target of 300/- b/d and that the cut is ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > Malcy's BlogPlexusBowLeven +1

Oil price, Sound Energy, FAR Limited, Sundry-Bowleven-Genel-Petrofac- And finally…

Oil price More drift yesterday as oil markets found the assorted communiques from the Kuwait meeting confusing which was probably the idea from the start. Russia is talking the talk but is yet to fully deliver and as we approach monthly confession time oil may have a bumpy ride. If all is well the ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > Malcy's BlogSound EnergyFAR +3

Genel Energy - Taq Taq reserves update

Genel Energy ('Genel' or 'the Company') issues the following announcement in respect of its reserves position at the Taq Taq field (Genel 44% working interest).  As previously stated, the Company commissioned an updated Competent Person's Report ('CPR') for the Taq Taq field from McDaniel and Asso ...

OilVoice Press - OilVoice


Posted 6 months agoPress > Genel EnergyTaq TaqKurdistan

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 8 months agoOpinion > Malcy's Blogoil priceLamprell +5

Oil price, Amerisur, Petrofac, Sundry-Plexus-Genel-Aminex-Sound Energy-Chariot-Trinity- And finally…

Oil price The oil price was steady enough last week, a pretty good performance under all circumstances. It battled with a strong dollar probably likely to be made stronger, as the NFP numbers were low field but wage growth indicated some heat in the US economy that will likely be treated by rate r ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 months agoOpinion > Malcy's BlogAmerisur ResourcesPetrofac +5

Genel Energy make cretaceous discovery at Peshkabir-2

  Genel Energy plc ('Genel' or 'the Company') notes the announcement made this morning by DNO ASA, as operator of the Tawke licence (Genel 25% working interest).  The Peshkabir-2 well currently drilling on the Tawke PSC has discovered oil in the Cretaceous horizon in the southern flank of the Pes ...

OilVoice Press - OilVoice


Posted 9 months agoPress > Genel EnergycretaceousPeshkabir-2

Operational update from Genel Energy

Genel Energy plc ('Genel' or 'the Company') issues the following update in respect of the Taq Taq field (Genel 44% working interest). The third and final well of the 2016 Taq Taq drilling programme, TT-16y, has been successfully drilled and completed in the main Shiranish reservoir. The well is nat ...

OilVoice Press - OilVoice


Posted 9 months agoPress > Genel EnergyOperations Update

Genel Energy: Receipt of payment for KRI oil exports from Tawke field

Genel Energy plc notes the announcement from DNO ASA, as operator of the Tawke field, that the Tawke field partners have received a payment of $36.20 million from the KurdistanRegional Government for oil sales during September 2016. The payment reflects full settlement of the invoiced amount for Se ...

Katie Woodward - OilVoice


Posted 10 months agoPress > Genel EnergyFinanceKurdistan Regional Government +2