Oil and Gas

Aminex stock (LSE: AEX) is wrapped in valid optimism right now. The price has constantly found a bottom around the accumulation territories of 4.00 and 3.50. Since those accumulation territories are too strong for the bears, the price would eventually go up. The price is below the EMA 21 and the Williams’ % Range period […]

The Crude Oil found a good support on the uptrend line, causing bullish rebounds on this commodity. The Crude Oil (NYMEX:CL) respected the dynamic support of the moving average of 200 and the uptrend line, which means it is very possible that this commodity continues its path towards the next resistance level of 94.80. If […]

The share price of Xcite Energy (LSE:XEL) jumped as much as 8.25% to 117.25 by 13:00 today on news that its Bentley Oil Field holds much more in reserves than originally thought. It was just over a year ago (20 February 2012) that Xcite announced that preliminary research indicated that the field contained some 550 million […]

This is so blatant. I cannot see how the authorities are failing to tackle Sefton Resources (LSE:SER). If the company’s uber expensive City lawyers Pinsent Masons wish to bully me again go ahead – you know where to send your letter and you know where I will file it.  But once again Sefton has been […]

Regulator Ofgem finds failures “at every stage of sale process” UK energy sector regulator Ofgem is to fine SSE £10.5million for numerous breaches of its obligations relating to telephone, in-store and doorstep sales activities. In a statement Ofgem said the “level of fine reflects the seriousness and duration of breaches, the likely substantial harm that […]

AIM listed joke company of the year 2001-2013, Sefton Resources (LSE:SER) has this morning released an independent valuation of its Kansas reserves which can only be described as laughable. It is back to its old pal Dr Onat for this corker. It defies belief that anyone should fall for this baloney but here goes. Sefton […]

The primary trend on Iofina plc (LSE:IOF) is bullish. On September 25, 2013, I recommended that the stock on this market should be bought (http://uk.advfn.com/newspaper/azeez-mustapha/10713/iofina-plc-buy). For those who did so, congratulations! Then, the price was at 70.00, but at the time of writing this new forecast, the stock was trading at 187.00. What a significant gain! […]

In recent times, the situation on Tethys Petroleum (LSE:TPL) has been bullish. But right now, the stock is in an equilibrium mode. Then what is the next price direction? Would the bear’s threats materialize? Would the bull’s threats materialize? What is it that issues threats in the forest? Let it carry out its threats quickly, […]

On 15th February I suggested selling shares in AIM listed oil producer and explorer Gulfsands Petroleum (LSE:GPX) at111.5p. The shares are now 96p. One reason NOT to sell is that Gulfsands is debt free and has net cash but I wonder how much it actually has. A buzz of IR activity of late makes me […]

Leading oil companies invest in two-year appraisal of the Clair oil field. Along with Shell, ConocoPhillips and Chevron BP has announced a two-year appraisal programme to look at the possibility of developing a third phase of the giant Clair field, west of the Shetland Islands at a cost of $500m The initial commitment involves a […]