After the Chinese debacle which knocked the share price to the floor, Providence Resources (PVR) has now agreed non-binding and non-exclusive heads of terms with the Norwegian company, SpotOn Energy, in relation to
After the Chinese debacle which knocked the share price to the floor, Providence Resources (PVR) has now agreed non-binding and non-exclusive heads of terms with the Norwegian company, SpotOn Energy, in relation to
I know it can all look gloomy, but actually it’s not. The number one on the private blog list rose over 100% in 8 trading days. It all just depends upon which
I know it can all look gloomy, but actually it’s not. The number one on the private blog list rose over 100% in the last 8 trading days. It all just depends
It’s been a busy week. The oil price dropped into the $30s, which prompted a number of company announcements, some credible, some not. The worst of them also took the
The lower they go, the harder they bounce and there’s still good money to be made, even in (perhaps because of) such markets.
The markets are looking much better this week and there’s been some quite interesting news.
Quite a week and a particularly savage one for those holding the poorer companies. The most positive event was 88 Energy (88E) confirming rig mobilisation for the upcoming Charlie-1 appraisal well.
WTI $54.19 -$1.40, Brent $60.69 -$1.35, Diff -$6.50 +5c, NG $1.89 -3c
A first full week of the New Year and plenty going on.
Interesting first week. RockRose Energy (RRE) announced a year end trading update. Year end total cash was $370.7 million ($54.9 million restricted), more than the current capitalisation.
lt turned out to be quite an exciting week. Global Petroleum (GBP) announced a new prospective resources estimate of 964 million barrels of oil for its petroleum exploration licence 94
i3 Energy (I3E) started its North Sea drilling campaign, announcing the spud of the LPt-02 pilot well. This will be followed by the LA-03 appraisal well (70% commercial chance of