Range Resources


All posts for Range Resources

Oil price, Range Resources, Hurricane Energy And finally…

  Oil price A sharp correction yesterday caused by the inventory figures, first the API and then the EIA. It was not crude that caused the trouble, the draw there was quite impressive but the build in gasoline stocks in particular. Refiners upped their runs to 93.8% which drew crude but added s ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 days agoOpinion > oil priceHurricane EnergyRange Resources +1

Oil price, Savannah Petroleum, Upland Resources, Link And finally...

  Oil price Yesterday was a little bit like the day after the Lord Mayor's Show, after the Opec meeting and the rollover of the agreement there was a bit of profit taking and for once Brent was hit harder than WTI. That has put the differential back below $5 but that may be because there were ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 days agoOpinion > oil priceNon-OPECSavannah Petroleum +12

Oil price, Savannah Petroleum, Upland Resources, Link And finally...

  Oil price Yesterday was a little bit like the day after the Lord Mayor's Show, after the Opec meeting and the rollover of the agreement there was a bit of profit taking and for once Brent was hit harder than WTI. That has put the differential back below $5 but that may be because there were ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 days agoOpinion > oil priceNon-OPECSavannah Petroleum +12

Range Resources: Proposed Admission to AIM

Range, an ASX-listed oil and gas exploration and production company (ASX: RRS), is pleased to announce its intention to seek admission of its shares to trading on the AIM market of the London Stock Exchange ("Admission"). A Schedule - 1 Pre-Admission form has been notified and Admission is currentl ...

OilVoice Press - OilVoice


Posted 12 days agoPress > AIMRange ResourcesAIM +2

Range Resources

A flash blog this morning as I am on the move early doors for an interview and a couple of company visits. However I know that patient, longstanding shareholders of RRL will be most relieved to see today's announcement from the company that indicates subject to a couple of preliminaries that the Lo ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > Range ResourcesLondonListing +1

Oil price, Shell, Ascent Resources, Frontera Resources, Touchstone, Link, ROK’N’OIL And finally…

  Oil price With only two days to go until Opec D-Day things are remarkably quiet by historical standards, normally stances are being set and requirements demanded but right now only two things matter, how long will the accord be extended and are the Russkis on board. How long is relatively e ...

Malcolm Graham-Wood - Malcy's Blog


Posted 13 days agoOpinion > oil priceShellAscent Resources +11

Flash blog, Trinity Exploration, Range Resources

Trinity/Range It has been announced this morning that the previously announced deal between these companies by which Range were scheduled to acquire Trinity's West coast assets has failed to obtain regulatory approvals in Trinidad. This means that the deal will be unable to complete by the backs ...

Malcolm Graham-Wood - Malcy's Blog


Posted 18 days agoOpinion > Trinity Exploration & ProductionRange ResourcesTrinity West +1

Oil price, Range Resources, Wentworth , Touchstone, Empyrean, Sundry GE-Shell, And finally…

  Oil price The latest Opec report is so bullish that people can hardly believe their eyes, demand for their crude this year is up 200/- b/d and for next year by 400/- b/d. This would give overall demand for 2018 at 33.4m b/d with a second half of as much as 34m b/d, put into context Opec is cu ...

Malcolm Graham-Wood - Malcy's Blog


Posted 27 days agoOpinion > oil priceRange ResourcesWentworth Resources +6

Oil price, Echo Energy, Range Resources, Pantheon, And finally…

  Oil price December Brent hit $61 yesterday before expiring at $60.90, expect to see some weakness in the January contract but closing much above $60 would be an impressive achievement. Iraq has managed to get production from the South up a fair bit to make up for problems in the North and t ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceEcho EnergyRange Resources +1

Oil price, Range Resources, Tower Resources, Link, And finally…

Oil price Sometimes the market wants to go in a certain direction, a few weeks ago no amount of good news could trigger a rally, at the moment it is the other way around. Yesterday, news that the uprising in the control room at the Sharara field in Libya had been put down and production was back u ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > Malcy's BlogRange ResourcesTower Resources +1

Oil price, Faroe Petroleum, Echo Energy, Tullow Oil, Range Resources, Petrofac, And finally…

Oil price New best friends Russia and Saudi Arabia are underpinning the market, to a degree although longevity is always uncertain. The KSA after having surprisingly ‘unadhered' to its own quota in May has now accepted its punishment and will cut back more in August and September. The Russians are ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > Malcy's BlogFaroe PetroleumEcho Energy +3

Oil price, Premier Oil, Thalassa, Ophir, Providence Resources, Sundry-Shell-SDX-Egdon etc-Range Resources-AMFW- And finally…

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


Posted 4 months agoOpinion > Malcy's BlogPremier OilThalassa Holdings +5

Oil price, Egdon/Europa/Union Jack, Trinity Exploration & Production, Range Resources, Sundry- Amerisur-Ascent Resources- And finally...

Oil price The conflicting pressures on the crude price at the moment remind me of the rhyme, Patience is a virtue, virtue is a grace, Grace is a little girl who didn't wash her face. At the moment the bears are winning as the downward pressures are mainly short term, Libya (which will surely go wr ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > Malcy's BlogEgdon ResourcesEuropa Oil & Gas +5

Oil price, Victoria Oil & Gas, Range Resources, Ascent Resources, And finally...

Oil price Definitely a pre-holiday sort of day in crude markets yesterday, marked down from the start as traders were unwilling to carry too many long positions over the weekend, even the better than expected inventory stats couldnt revive the patient. An increase in US production started it all b ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > Malcy's BlogVictoria Oil & GasRange Resources +1

Oil price, Cairn/FAR, Amerisur Resources, President Energy, Range Resources, Sundry – And finally…

Oil price I am just back from a trip to West Africa, Cameroon to be exact where I was fortunate to see the Victoria Oil & Gas operation in action and to visit Bomono and the Bowleven wells now mostly, part of VOG. Much more on that in due course but it is safe to say that I was most impressed w ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 months agoOpinion > Malcy's BlogCairn EnergyFAR +3