Providence Resources Technical Update - Dunquin South
2017 3D SEISMIC DATA RECEIVED AND INITIAL EVALUATION COMPLETE INTERPRETATION CONFIRMS THE PRESENCE OF THE LARGE DUNQUIN SOUTH PROSPECT LARGE POTENTIAL BREACH POINT IMAGED OVER DUNQUIN NORTH PROSPECT INTERNAL SEISMIC REFLECTIVITY AND VELOCITIES INDICATE DUNQUIN RIDGE TO BE OF SEDIMENTAR ...Oil Price, Genel, Providence, and Finally…
WTI $69.46 +70c, Brent $72.58 -32c, Diff -$3.12 -$1.02, NG $2.77 +5c Oil Price More flip flopping around yesterday as a good start, prompted by the Saudi Opec Governor's comments that exports may fall back by around 100/- next month, was swiftly punctured by the end of the Norwegian strike wh ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Savannah Petroleum, Sound Energy, Providence, Aminex, and Finally…
WTI $74.11 +26c, Brent $78.86 +79c, Diff -$4.75 +53c, NG $2.79 -4c Oil Price Yesterday wasnt so bad for oil bulls, the Norway strike meant some shortage appearing and after the close the API stats showed a 6.8m draw in crude and 1.6m in gasoline even if distillates did build by 2m barrels. ...Malcolm Graham-Wood - Malcy's Blog
Providence Resources Completes Newgrange Site Survey
DEMOBILISATION OF GARDLINE'S M/V KOMMANDOR HAS COMMENCED LARGE NUMBERS OF SEABED POCKMARKS IMAGED ON SITE SURVEY DATA DISCUSSIONS WITH POTENTIAL THIRD PARTY FARMINEES CONTINUE Dublin and London – July 11, 2018 - Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil & G ...Oil Price, Savannah Petroleum, Wentworth Resources, Providence and Finally…
WTI $63.01 -$1.93, Brent $67.64 -$1.70, Diff -$4.63 +23c, NG $2.68 -5c Oil Price The chartists are giving it some this morning as they had been getting worried that all their resistance points for crude oil were being wiped out. They now see further falls back to $60 but hey, they're chartist ...Malcolm Graham-Wood - Malcy's Blog
Providence Resources: Update on Frontier Exploration Licence
LICENCE UPDATE FRONTIER EXPLORATION LICENCE 6/14 NEWGRANGE · EXTENSION OF THE FIRST PHASE OF THE FRONTIER EXPLORATION LICENCE 6/14 TO MARCH 2019 · HIGH RESOLUTION 2D SEISMIC DATA AND WELL SITE SURVEY ACQUISITION PLANNED TO COMMENCE SUMMER 2018 · ...Ashurst Advises on the Sale of a 50% Stake in Barryroe Field in Ireland
International law firm Ashurst is advising Providence Resources plc ('Providence'), the Irish based oil & gas exploration company, and Lansdowne Oil and Gas plc on a farm-out agreement ('FOA') with APEC Energy Enterprises Limited ('APEC') relating to standard exploration licence ('SEL') 1/11, conta ...Zenith Energy, Providence Resources
Zenith Energy Zenith has announced that it has entered into an option to purchase with binding exclusivity an oil production asset located in Indonesia. The proposed acquisition envisages Zenith acquiring a 100% WI in an oil production licence which contains two onshore blocks totalling 65 sq ki ...Malcolm Graham-Wood - Malcy's Blog
Providence Resources Barryroe Farm-out
FARM-OUT AGREEMENT SIGNED STANDARD EXPLORATION LICENCE 1/11 - BARRYROE, NORTH CELTIC SEA BASIN PROVIDENCE & LANSDOWNE AGREE TO FARM-OUT A 50% WORKING INTEREST IN BARRYROE TO A CHINESE CONSORTIUM (“THE CONSORTIUM”) LED BY APEC ENERGY ENTERPRISE LIMITED (“APEC”) THE CONSORTIUM TO FUND ...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
Oil price The EIA inventory stats followed the API numbers and reported a healthy draw of 7.6m barrels as predicted here but not by the goons on the Street who had crayoned in 2.3m barrels. Mixed news though with production still high, Libya up again and the KSA slightly exceeding quotas, (but onl ...Malcolm Graham-Wood - Malcy's Blog
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
Oil price, Providence Resources, And finally…
Oil price The oil price did rally yesterday for a while as the market rather enjoyed the Chinese import data which showed that May was the second highest month ever and that demand was picking up. Later in the day though, the market drifted on nothing much apart from gossip about Nigerian producti ...Malcolm Graham-Wood - Malcy's Blog
Oil price, Pantheon, Sundry- Premier-Echo Energy- Wood Group- Providence Resources- And finally…
Oil price With the Opec and Non-Opec meetings due this week, culminating on Thursday with what should be a straightforward discussion about whether to extend by 6 or 9 months the only change appears to be around deepening the cuts. I suspect that anything of that order will be discussed but proba ...Malcolm Graham-Wood - Malcy's Blog
Oil price, Providence Resources, Hunting, Thalassa, Enteq Upstream, And finally…
Oil price Well, it doesnt get much better than this at the moment and unless the EIA stats rain on oil's current parade tonight then all should remain in an upward trajectory. Yesterday saw both the Russians and the Saudis giving genuinely positive information out. The Russian Oil Minister called ...Malcolm Graham-Wood - Malcy's Blog
OPEC Net Oil Export Revenues Increased in 2017, Will Likely Continue to Increase in 2018
OilVoice Press
S&P Global Platts FACTBOX - Natural Gas Demand Normalizes as Utilities Restore Hurricane Florence Outages
OilVoice Press
How the UK Gets its Gas Supply
John Hannen
Faroe Petroleum
Malcolm Graham-Wood
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