Oil and Gas

LGO stock (LSE:LGO) currently requires trading methods that work in bear markets, for the dominant bias is bearish. In spite of desperate effort from the bulls, the bias remains bearish. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown […]

UK Oil and Gas shares (LSE:UKOG) are now attractive to interested bulls, in spite of the current volatility in the market. In the last months of the year 2014 and the early months of the year 2015, the price consolidated. Some consolidation to the downside in the month of February 2015 could have led some […]

Its nearly time for the UK Investors Show Soon on April 18th 2015. So if you have enjoyed my ADVFN articles  plus regular ADVFN interviews on Justin Waite Show come along and say hello at the bloggers cafe. I know most of my city friends are coming so get with it and see the Chris […]

Quarterly Operations Update for the Period Ended 31 March 2015 Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Woodford, Mississippi […]

Royal Dutch Shell (LSE:RDSA) (LSE:RDSB) pushed other world news off the front page this morning, announcing that it has agreed to buy BG Group (LSE:BG.) for $70 billion dollars (£47 billion) at a premium of 50% on BG’s closing price yesterday, which was 910.40. That would price BG shares at 1,365.60. BG shares jumped to […]

This is a brief article today going into Easter. However this morning the RNS came out that Zebedee well based in the North Falkland Basin found 23.5m net pay of oil regarding  the 52% cos zone and 18.5m gas in the Hector Zone.  Estimate 50m gross  plus 20m gross. So my geo viewpoint was correct. […]

Macquarie Bank Facility Re-finance and drawdown Empyrean Energy, aprofitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced that it has reached an agreement with Macquarie Bank Limited for additional debt funding under Tranche B of its facility. The further proceeds from the Facility will […]

“The are the times that try men’s souls,” especially if those men are invested in Gulf Keystone Petroleum (LSE:GKP). The GKP share price has dropped to 35.23 today, continuing what has been a fairly steady decline that has been nearly unabated since 25 October 2013 when it was last traded above 180.00. It is now […]

Exxon Mobil stock (NYSE:XOM) is very weak right now. The stock trended downwards towards the end of last year (2014), and it went further downwards this year. Things have been bearish so far. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50 and 200. The color that stands for each […]

Ithaca Energy (LSE:IAE) full year results came out yesterday unlike everyone else i waited till the webcast and brokers notes to gain valuable information missed. As expected certain aspects i highlighted were proven correct another call by Chris Oil. A major rerating is now on the cards all the way to the Stella field commencing […]