Echo Energy


All posts for Echo Energy

Oil Price, President, Echo, VOG, Zenith, and Finally…

WTI $69.12 +47c, Brent $79.78 +47c, Diff -$10.66 +2c, NG $3.25 +5c Oil Price With various pulls on the oil price exerting their pressure last week oil prices fell again, WTI by $2.22 but Brent was only off 65c, this morning both have rallied modestly. We still have the Khashoggi incident over ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 day agoOpinion > MalcyMalcy'sMalcys +7

Oil Price, Hurricane, Echo, Zenith, President, Columbus, and Finally…

WTI $71.34 +37c, Brent $80.43 +17c, Diff -$9.09 -20c, NG $3.16 -6c Oil Price I'm not sure that I can add much to what I have already opined on the oil price. It went up preparing for US sanctions on Iran but that was pretty much in the price when it peaked at around $85, Opec+had met but had ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 days agoOpinion > MalcyMalcysMalcy's +6

Amerisur Resources, Echo Energy, Range Resources

Amerisur Resources Amerisur has announced this morning that the Pintadillo-1 discovery well is ahead of expectations and will pay back in ‘under a year ‘. The T sand interval has flow tested under natural flow at 590 b/d of light 30.4 API crude oil under a choke of 18/64” with strong wellhead p ...

Malcolm Graham-Wood - Malcy's Blog


Posted 20 days agoOpinion > Amerisur ResourcesEcho EnergyRange Resources +8

Oil Price, President Energy, Echo Energy, Savannah Petroleum, Genel, IGas, Chariot, and Finally…

WTI $69.25 +$1.71, Brent $79.06 +$1.69, Diff -$9.81, NG $2.83 +2c Oil Price The oil price continues the rise that started on Monday with all sorts of influences going on. The weather is also back in the frame as hurricane Florence heads menacingly towards the Carolinas. Elsewhere, the Russian ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > MalcyMalcy'sMalcy's Blog +9

Oil Price, Amerisur, Echo, President, Coro, Reabold, and Finally…

WTI $67.77 -95c, Brent $76.50 -77c, Diff -$8.73 +18c, NG $2.77 -2c Oil Price The inventory stats from the EIA were delayed a day following Monday's Labor Day holiday and those who were surprised by the numbers should have remembered the mantra about it marking the end of the summer driving se ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceAmerisur ResourcesEcho Energy +6

Oil Price, SDX Energy, Echo Energy, Far, Faroe Petroleum, and Finally…

WTI $68.87 +15c, Brent $76.21 +39c, Diff -$7.34 +24c, NG $2.88 -4c Oil Price Last week the oil price had a healthy tick up with WTI climbing $2.81 or 4.3% and Brent rose even more, up $3.99 or 5.5%, Baker Hughes reported a sharp fall in their rig count, down 13 overall to 1044 and in oil a fa ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > MalcyMalcy'sMalcy's Blog +6

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 months agoOpinion > MalcyMalcy'sMalcy's Blog +8

Oil Price, Frontera Resources, DGO, Echo Energy Link, and Finally…

WTI $68.76 +68c, Brent $72.90 +74c, Diff -$4.14 +6c, NG $2.72 -2c Oil Price Computers work fast and do not differentiate between news as proved yesterday when the EIA inventory stats came out. The initial build in crude stocks of 5.8m barrels sent the oil deck sprawling but soon enough the pr ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil pricefrontera resourcesDGO +5

Oil Price, Echo Energy, Cairn Energy, and Finally…

WTI $73.80 +86c, Brent $77.11 -28c, Diff -$3.31 -$1.56, NG $2.66 +2c Oil Price Oil price diverged on Friday as Brent eased with a bit more crude on international markets but WTI strengthened as continued distribution difficulties and of course Syncrude not helping matters. The rig count moved ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil priceEcho EnergyCairn Energy +3

Oil Price, Hurricane Energy, Echo Energy, Links, and Finally…

WTI $73.19 -95c, Brent $78.06 -18c, Diff -$4.87 +77c, NG $2.85 +1c Oil Price Oil drifted yesterday led by WTI after the EIA inventory figures disappointed (compared to API) although they were a bit mixed. Crude built 1.245m barrels as opposed to scribblers guesses of a draw of 5.2m but stocks ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil priceHurricane EnergyEcho Energy +3

Oil Price, Savannah Petroleum, Echo Energy, and Finally…

WTI $73.94 -21c, Brent $77.30 -$2.14, Diff -$3.36 -$1.93, NG $2.86 -6c Oil Price There was little change in the market fundamentals although the differential closed up with August Brent expiring making all look worse than it was, both crudes are up this morning. The market could have been for ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil priceSavannah PetroleumSVP +4

Oil Price, Sound, Faroe, Frontera, DGO, UOG, Echo, RockRose, Eco (Atlantic), Hurricane, and Finally…

WTI $73.45 +69c, Brent $77.85 +23c, Diff -$4.40 -46c, NG $2.94 -4c Oil Price Oil appreciated yesterday but I can add little, all is going as expected with a few twists. Supply is under pressure from all sides, WTI is being squeezed as Canadian imports fall as do inventories with refinery capa ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil priceMalcyMalcy's +14

Echo Energy, Zenith Energy

Echo Energy Echo has announced a ‘potentially transformational' light oil discovery at Fracción C in Argentina . At 2,460m in the Upper Jurassic Tobifera formation a significant column was found and gas and hydrocarbons were recovered. An early estimate of 500m is huge and even if only 120m ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > Echo EnergyZenith EnergyMalcy +2

Oil Price, Sound Energy, Echo Energy, Jersey Oil & Gas, and Finally…

WTI $66.89 +25c, Brent $75.94 -80c, Diff $9.05 -$1.05, NG $2.96 n/c Oil Price Once again prices were very mixed yesterday, even the differential is back into single figures after Brent fell and WTI strengthened. Another very strong day for the dollar didn't help but the terrorist attacks in L ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > oil priceSound EnergyEcho Energy +5

Oil Price, Echo Energy, Touchstone Exploration, and Finally…

WTI $66.10 +36c, Brent $76.46 n/c, Diff -$10.36 -36c, NG $2.95 +6c Oil Price The usual pre-Opec cat and mouse position taking kept oil prices virtually unchanged yesterday. The Iraqi Oil Minister reaffirmed the comments I recently published, this time saying that ‘prices need support and stab ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > oil priceEcho EnergyTouchstone Exploration +4