Oil and Gas

This is what the price movement on Plexus Holding (LSE:POS) would be for the year 2013. The price is right now trading in a range (but not as the crab walks sideways until it enters a bush). The market has trended strongly upwards from October to December 2012. Right now it moves sideways. There are […]

Over the next seven days starting tomorrow I shall publish my seven share tips of the year for 2013. But before starting that exercise tomorrow I consider first my macro assumptions and predictions for 2013. There is no point making an oil stock a tip of the year if you think the crude price is heading […]

It has not been a good year for the Gulf Keystone Petroleum (LSE:GKP) share price.  Having recorded a record high of 425.00 on 20 February, the share price has slipped dramatically during the balance of the year.  As of midday today the price was at 172.00 and continuing to decline.  It is now 18.00 below […]

Three days before Christmas and Sound Oil plc (LSE:SOU) gave its shareholders its own version of presents, the capital markets way. Whilst today’s announcement is not as explosive as finding a new reservoir of oil or gas within its many licences across Italy, it sure does give investors a boost to look forward to in […]

Iraqi President Jalal Talabani was rushed to a Baghdad hospital on Monday after suffering an apparent stroke.  After being admitted in critical condition, local doctors labored to stabilize him.  Today medical teams from Germany and Iran have arrived to assist in his recovery.  Latest reports indicate that he is still in a coma.  Deputy Health […]

AIM listed board lifestyle, sorry I meant oil technology, company Vialogy (LSE:VIY) has issued a “CEO statement” today which is bizarre. Bearing in mind that this company will be almost out of cash by March it is clearly part of a share ramp campaign ahead of a placing. Before the Bulletin Board morons have a […]

In a trading update released early this morning, Petrofac (LSE:PFC) announced that it expects to close the year with a backlog of some $11.6 million USD and a growth in net profit growth in excess of 15%.  Petrofac’s share price increase from  1684.00 at 08:00 to 1707.00 at 09:20.  From thence it began slipping downward, […]

Fortune Oil (LSE: FTO) shares look great for those who have been looking for an opportunity to go long. Bulls would merely need to enter at some great price levels, with professional equanimity, as bears are battered ignominiously.   One the chart, 4 EMAs are used. They are EMAs 10, 20, 50, and 200 (the […]

AIM and ASX listed oil producer and explorer Range Resources (LSE:RRL) has served up a statement which is, in summary, not very good. There are elements of hope but also delays and disappointments. And these delays cannot help its cash position. Not surprisingly the share price has been marked lower, to 3.75p, but that does […]

Having bounced back up from 35p to 170p shares in GMX traded joke valuation company US Oil & Gas (USOP) were starting to bubble. The USOPians (folks who chat amongst themselves on twitter and Bulletin Boards) were already discussing once again whether £15 or £200 a share was fair value. But then…. the shares started […]