Oil and Gas

Production Update & Reserve Report Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has provided an update on current production and an independent Reserves Report as at 1 June 2015, on its leases in US onshore formations such as the Woodford and Mississippi Lime, Oklahoma, and the […]

Oil & Gas Update Rose Petroleum plc, the AIM-listed (AIM: ROSE) natural resources company, has provided an update on its activities onshore US. Earlier this year Rose announced that it had commenced the process of permitting six well locations in the Mancos Formation in the Uinta Basin, Utah. However, in consideration of the oil price […]

It might have been a better day for Glencore’s (LSE:GLEN) share price and the FTSE 100 if the former had not had to publish its Q2 and H2 operations and financial report. The mining giant’s share price dropped by 9.74% to close at 158.95, continuing a decline that began a year ago on 25 July […]

Mexico Update MX Oil plc, the AIM quoted oil and gas investment company, has issued an update on the progress it is making in Mexico together with its partner Geo Estratos with regards to the on-going Bid Round 1 Licensing round and its efforts to secure onshore conventional concessions in the re-opening Mexican energy sector. […]

The share price of Genel Energy plc (LSE.GENL) dropped nearly 13% today after release of its first half year earnings report for the period ending 30 June 2015, despite increased revenue and EBITDAX over the same period in 2014. H1 revenue increased by 3.7% from $192.1 million in 2014 to $199.3 million for the current […]

Clean Air Power stock (LSE:CAP) now offers an excellent opportunity to buy, owing to the current price action and the situation surrounding the market. Astute buyers may not want to watch the stock as it recovers, garnering massive gains (like thousands of percentage in the months and years to come); they may also want to […]

Gulf Keystone shares (LSE:GKP) are now in a dicey situation. The price has been moving sideways for the past several months, trying to consolidate further south. This is currently not a directional market at all; it is a boring market. The butterfly tries to imitate the bird, but it can never be like the bird. […]

It’s been a month since I last wrote about Gulf Keystone Petroleum (LSE:GKP). Well, not exactly a month, but it was last month. To be precise in was on 31 July, just three days ago. The stimulus for the story was a 12.62% increase and turnaround on the theretofore declining GKP share price. Friday’s News […]

The floor in MX Oil (LSE:MXO) share price seems clear with the fall in oil prices from $60 to $52 now is the time to buy.  The company is drilling two production wells with potential to uplift oip numbers on its West African Aje field with very low all in costs and a significant rerating […]

Shares of Gulf Keystone Petroleum (LSE:GKP) were up 12.62% today to 29.00, just one day after hitting a new 52-week low of 24.77. Actually, its a six-year low – going all the way back to July 2009. At its current 29.00 pence, GKP shares are at 32% of its 52-week high of 89.75 and at […]