Faroe Petroleum


All posts for Faroe Petroleum

Oil Price, Sound, Echo, Zenith, Faroe/Cairn, Premier, Wentworth, Enteq, and Finally…

WTI $56.25 +56c, Brent $66.12 +65c, Diff -$9.87 +9c, NG $4.84 +74c Oil Price A modest rally in crude yesterday but at one stage it was way better, a two dollar rise was eaten into and although today is better again there is little trust in the commodity at the moment. Having said that, word c ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 days agoOpinion > MalcyMalcysMalcy's +10

Oil Price, Faroe Petroleum, Jersey Oil & Gas, and Finally…

WTI $55.69 -$4.24, Brent $65.47 -$4.65, Diff -$9.78 -41c, NG $4.10 +31c Oil Price Another bad day at the office, primarily led by the Opec monthly report which cut demand forecasts, even the much touted 100m b/d demand figure has been pushed back to 3Q 2019. The Opec meeting is 3 weeks tomorr ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 days agoOpinion > oil priceFaroe PetroleumJOG +6

Oil Price, President, Frontera, Faroe, and Finally…

WTI $67.59 +26c, Brent $77.62 +73c, Diff -$10.03 +47c, NG $3.18 -2c Oil Price Little has changed in the energy complex since I last shared my views, with deadline day for Iranian crude sanctions now less than a week away, buyers are walking away but there is plenty of stock on the high seas a ...

Malcolm Graham-Wood - Malcy's Blog


Posted 19 days agoOpinion > oil pricePresident Energyfrontera resources +5

Faroe Petroleum

Faroe Petroleum Interim results from Faroe today which to be honest had been signalled ahead of today's meeting. Profits were much higher as commodity prices were higher, EBITDAX of £72.2m, the Fenja sale and a lack of impairments. Fully funded net group capex for 2018 is estimated to be c.£225m ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > Faroe PetroleumMalcyMalcy's +1

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

DNO Withdraws Request for Faroe Petroleum Shareholders Meeting

Oslo, 27 August 2018 - DNO ASA, the Norwegian oil and gas operator, today announced the withdrawal of its request to Faroe Petroleum plc for a meeting of shareholders of the company in which it holds a 28.23 percent stake, and issued the following statement: DNO ASA withdraws the request for an ...

OilVoice Press - OilVoice


Posted 2 months agoPress > DNONorwayFaroe Petroleum

Oil Price, SDX Energy, VOG, Faroe, IOG, Upland, and Finally…

WTI $65.46 +45c, Brent $71.43 +67c, Diff -$5.97 +22c, NG $2.91 -3c Oil Price Another up and down day yesterday which finished in the black even though President Trump made another virtue of the strong dollar. News that some Iranian clients such as India, South Korea and Japan are already maki ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil priceSDX EnergyVOG +8

Oil Price, Faroe Petroleum, Touchstone Exploration, and Finally…

WTI $67.20 -43c, Brent $72.61 -20c, Diff -$5.41 +23c, NG $2.93 -1c Oil Price A quiet day on oil bourses yesterday with talk about Turkey causing most concern with the currency smashed even more. Marcus Ashworth at Bloomberg is worth following on this as he has a top view from the bond markets ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil priceFaroe PetroleumTouchstone Exploration +4

Oil Price, Savannah Petroleum, Faroe, Aminex, and Finally…

WTI $69.17 +16c, Brent $74.65 +90c, Diff -$5.48 +74c, NG $2.90 +4c Oil Price Oil has rallied modestly in the last couple of days as the market anticipated the Iranian sanctions starting up with phase 1 even though oil is not in the mix until November. Despite the protestations from other sign ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil priceSVPSavannah Petroleum +5

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 4 months agoOpinion > oil priceMalcyMalcy's +14

Faroe Petroleum - Brasse East Well Commitment

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the commitment by the PL740 Brasse Joint Venture partners (Faroe 50% and operator and Point Resources 50%) to drill the Brass ...

OilVoice Press - OilVoice


Posted 5 months agoPress > Faroe Petroleum

Faroe Petroleum Annual Report 2017

Chairman's and Chief Executive's statement Faroe's consistent strategy of creating value through the drillbit has delivered another yearof strong progress and reserves growth. Year-on-year reserves grew by 20% and in the last five years reserves have grown by more than 400% – mainly as ...

OilVoice Press - OilVoice


Posted 6 months agoPress > Faroe PetroleumAnnual ReportsEarnings +1

Faroe Petroleum: Production Increase at Tambar and Fogelberg Update

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that both new infill wells drilled this year on the Tambar field in Norway, (Faroe 45%) have now been brought successfully on ...

OilVoice Press - OilVoice


Posted 6 months agoPress > Faroe PetroleumProductionTambar Field +6

Oil Price, Sound Energy, Faroe Petroleum, SDX Energy, Bahamas Petroleum, And Finally…

WTI $68.19 +14c, Brent $74.74 +74c, Diff -$6.55 +60c, NG $2.82 +4c Oil Price It is still all about I Ran, clearly the Donald didnt take anything his mate Emanuelle said the other night nor should we have expected him to, this is one decision he is unlikely to go back on. May the 12th is begin ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > oil priceSound EnergyFaroe Petroleum +5

Oil Price, Hurricane, Faroe, Zenith, And Finally…

WTI $63.42 +$1.36, Brent $68.65 +$1.54, Diff -$5.23 +18c, NG $2.69 -1c Oil Price It's a bit of a see-saw life in the oil market at the moment with traders having to be on their toes even more than usual. Yesterday crude oil rallied sharply as it was tariff war off and Syria war back on which ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > oil priceZenith EnergyHurricane Energy +4