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Wednesday, May 8, 2013

Oilbarrel Newsletter 8th May 2013

Oilbarrel.com Informed comment and independent oil and gas   news
Oilbarrel Weekly Roundup 2nd - 8th May 2013
59th Oilbarrel Conference Thursday 16th May 2013

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Thursday 16th May 2013

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Latest News

Features: May 08, 2013

Poweralternatives:A Slimmed Down Ceramic Fuel Cells Limited Raises Funds As European Subsidies Stimulate Demand

Ceramic Fuel Cells Limited, the ASX- and AIM-quoted developer of micro-generators, is raising £4.3 million from institutional investors in the UK. The funds will be used to strengthen the balance sheet as it gets ready to capitalise on subsidy-backed opportunities in the UK and Germany

Full story...

News: May 07, 2013

Oil Majors Beat Q1 Consensus And Lay Groundwork For Future Growth

The first three months of 2013 were something of a bonanza for the oil majors as the major portfolio reshaping and cost retrenchment of recent years starts to impact the bottom line.  Shell, for example, posted Q1 results that were almost 20 per cent better than analyst expectations, with clean net income of US$7.5 billion and production of 3.56 million barrels per day, up two per cent on an underlying basis.

Full story...

News: May 07, 2013

ASX And AIM-quoted Oilex Launches A Drive To Revive Its Cambay Field Project In India

AIM and ASX listed junior Oilex Ltd has assets in the Timor Sea, in Sumatra, Indonesia and the Canning Basin in Australia but all of these get scant mention in the literature about the company, be it brokers notes, the media or, indeed the company’s own press releases and presentations to shareholders, as the company undergoes what can only be described as a re-launch

Full story...

Market Overview: May 03, 2013

Oil Markets Nervous About Poor US Economic Data

The state of the US economy and the knock-on impact of the employment figures had traders nervous towards the end of the week. Commitment in either direction was lacking as analysts and investors pondered many “what if” scenarios. In early trading on Friday, Brent crude was priced above US$102 with WTI close to US$94 a barrel.

Full story...

News: May 02, 2013

PA Resources Gains As It Finds Oil With Carla South Well Offshore Equatorial Guinea

After a pretty bleak year in 2012, which was dominated by production outages and a rights issue to relieve pressure on the balance sheet, Stockholm-listed PA Resources has delivered some good news for beleaguered shareholders.  It has been some time since shareholders have had any reason to cheer news out of West Africa but Thursday saw the shares edge higher on news that the Carla South exploration well in Block I offshore Equatorial Guinea had found oil. 

 

Full story...

News: May 02, 2013

Gold Oil Lands Partner For Offshore Peru Exploration As It Looks To New Start In 2013

Gold Oil, which resumed trading on AIM in January after a six-month suspension, rose five per cent in Tuesday morning trading after it announced a long-awaited farm-out on the Z-34 block offshore Peru. This is a key moment for the London small cap, which narrowly staved off bankruptcy last year, as the deal will boost its coffers by US$6 million, reduce its forward liabilities and ensure a full carry through the next three exploration phases on the block.

Full story...
Press releases

May 08, 2013 - Northern Petroleum Plc French Guiana GM-ES-4 Well Spudded 
May 08, 2013 - Egdon Resources Farm-out of interest in the Wressle Prospect
May 08, 2013 - Wessex Exploration Plc Drilling Report
May 08, 2013 - Iofina Plc Successful Arrangement of US$15m...
May 08, 2013 - Trinity Exploration and Production Results for the year ended 31 December 2012
May 08, 2013 - Lochard Energy Holding(s) in Company
May 08, 2013 - Wentworth Resources First Quarter 2013 Results Announcement &...
May 08, 2013 - Soco International Holding(s) in Company 
May 08, 2013 - San Leon Energy Well Fracturing Agreement Signed 
May 08, 2013 - San Leon Energy Baltic Basin Update
May 08, 2013 - Tullow Oil plc Interim Management Statement
May 08, 2013 - PA Resources UK Limited Proposal from the Nomination Committee to...
May 07, 2013 - Neon Energy Ltd Neon secures rig for Vietnam Block 105
May 07, 2013 - BG Group Agreement signed for QCLNG stake sale &...
May 07, 2013 - PA Resources UK Limited Luno II well test result
May 07, 2013 - Cairn Energy Opportunities added to Cairn frontier...
May 07, 2013 - Max Petroleum Drilling Update
May 07, 2013 - Enegi Oil Appointment of Joint Broker
May 07, 2013 - Bridge Energy ASA First quarter results presentation
May 07, 2013 - Providence Resources SPANISH POINT AREA FARM IN BY CAIRN ENERGY...
May 07, 2013 - Global Petroleum Director/PDMR Shareholding
May 07, 2013 - Zeta Petroleum Plc Update on Testing Operation at Jimbolia...
May 07, 2013 - San Leon Energy Czaslaw-1 Stimulation and Test
May 03, 2013 - Good Energy Annual Report and Notice of AGM
May 03, 2013 - Fastnet Oil & Gas Award of licensing option in the North...
May 03, 2013 - Afren Plc Notice of General Meeting
May 03, 2013 - Sirius Petroleum Glencore Exclusivity Off-take Agreement
May 03, 2013 - Northcote Energy Completion of Hydraulic Fracture Stimulation 
May 03, 2013 - Northcote Energy Increased Acreage in Oklahoma and Issue of...
May 02, 2013 - Trap Oil Acquisition of additional 85 per cent. in...
May 02, 2013 - Ascent Resources Grant of Options/ Purchase of Incentive...
May 02, 2013 - BG Group 1st Quarter Results 
May 02, 2013 - Iofina Plc Change in Reporting Currency 
May 02, 2013 - Gulf Keystone Petroleum Gulf Keystone set for production growth 
May 02, 2013 - Providence Resources Notification of Interest in Share Capital
May 02, 2013 - Leni Gas & Oil Plc Debt Facility
May 02, 2013 - President Energy Results for the year ended 31 December 2012 
May 02, 2013 - PA Resources UK Limited Carla South oil discovery in Block I,...
May 02, 2013 - Falkland Oil and Gas Limited Final Results
May 02, 2013 - Petrel Energy Petrel produces first oil from Canadian...

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