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Oil and Gas

Tethys Petroleum: Sell and Sell Short

Jul 25 2012 @ 09:00
Tethys Petroleum Limited is an AIM-listed company which is involved in the exploration and production of oil and gas in Kazakhstan, Tajikistan and Uzbekistan. When this company stock was analyzed, it was discovered that it is in a bearish mode. This is a falling market. While some traders would not prefer to open trades when […]
 

Xcited and I just can’t hide it

Jul 25 2012 @ 05:54
Ever heard of Doggerland? Some think it’s an adult themed pleasure park off the M4, but in fact it’s an ancient underwater land mass encroaching on Scandinavia from the UK where the estuarine tophaceous boulder layer of the Bentley field sits. The field was picked up back in the 70’s, and owned by majors twice […]
 

Providence Resources Upgrades Irish Oil Reserve to 1.6 Billion

Jul 25 2012 @ 05:30
Irish oil explorer Providence Resources plc (LSE:PVR) said the Barryroe oil field off the coast of Ireland has between 1 and 1.6 billion barrels of oil in place following a series of comprehensive post-well studies. In a statement released earlier today, data from 2D seismic, 3D seismic, and six wells drilled on the said field […]
 

Trading Forecast on Plexus Holding

Jul 24 2012 @ 09:22
Plexus Holdings PLC (LSE:POS) provides engineering methods and services for the oil & gas sector. This company stock is characterized by many gaps (gaps-up and gaps-down), extremely serious equilibrium market zones and significant movements; whereas a gap is a break in price. Gaps on this market reflect the proverbial imbalance in supply and demand on […]
 

Dragon Oil Shares Slip Despite ‘Eventful’ H1

Jul 24 2012 @ 05:49
Shares of Dragon Oil plc (LSE:DGO) were trading in the red today, despite an “eventful” first half of the year, as described by its Chief Executive Officer, Dr. Abdul Jaleel Al Khalifa. The Turkmenistan-focussed oil nd gas exploration, development, and production company said average daily production rate has increased by 10.7%, to 64,000 barrels of […]
 

Halliburton’s Q2 Profit Beats Estimates (HAL)

Jul 23 2012 @ 08:46
Oil and natural gas services company Halliburton Company (NYSE:HAL) reported that its second-quarter net income was flat due to a slowdown in North American drilling. However, the company’s adjusted earnings beat Street estimates.
 

Trading Forecast on Gulf Keystone

Jul 23 2012 @ 07:07
After roughly 5 months of perpetual bear market, the shares at Gulf Keystone Petroleum Limited (LSE:GKP) have long started rising. This company, an independent oil and gas exploration and production company which operates in Iraq, is registered in Bermuda and was listed on AIM in 2004. It has a big number of investors, and as […]
 

Red Emperor, Range Resources Say No Traces of Oil

Jul 23 2012 @ 06:19
Shares of Red Emperor Resources NL (LSE:RMP) and Range Resources Limited (LSE:RRL) sunk deep at the start of week’s trading in London today, after disclosing today there were no “traces of oil” at the Shabeel North well following an open hole drill stem test (DST) announced last Wednesday, 18th July. According to the statement last […]
 

Tethys Petroleum Announces Reserves of "Super-Giant" Proportions

Jul 20 2012 @ 08:02
Shares of Tethys Petroleum (LSE:TPL) slid by 1.50 pence to 43.50 today, losing some of the momentum from yesterday’s 4.00 pence gain following its announcement of a major resource upgrade in its assets in Tajikistan. The Resource Upgrade Tethys announced yesterday that it had received an updated resource report from Gustavson Associates regarding the company’s […]
 

Northern Petroleum or a Falklands Explorer? Investing vs Punting

Jul 19 2012 @ 13:09
The Bulletin Board crazies love the Falkland Island explorers. Sometimes they zoom ahead. Sometimes they crash. But every day thousands of words are exchanged between these various loons, none of which add much, if anything, to the sum of human knowledge and nearly all of which are bullish.  Real investing is so dull when you […]
 
 
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