II Editor
19 Feb 2016
NEW ARTICLE: The Oil Man: The Bucket List 2016 "WTI $30.77 +11c, Brent $34.28 -22c, Diff $3.51 -33c, NG $1.85 -9cWhen I started the bucket list last year, I pointed out that it was not a list of share recommendations per se, I have not been in the habit of putting out shares for the year like ..."[link]
waytogo333
27 Jan 2016
Re: Support Hovering around the 18p support level, even after another positive update from AEN. This company doesn't seem to get the attention it deserves.
II Editor
05 Jan 2016
NEW ARTICLE: The Oil Man: Oil price, Andes Energia, Jersey Oil & Gas " WTI $36.76 -28c, Brent $37.22 -6c, Diff -46c +8c, NG $2.33 n/cYesterday the oil price was all over the place, reacting to various market and international stories. There was an upward push on the back of the geopolitical worries concerning Saudi ..."[link]
waytogo333
23 Oct 2015
Support Bang on support price today of 21p.......if we break this it's 18p..................
waytogo333
08 Sep 2015
Top up Must look under the sofa cushions, as looks like a good level to top up.....
dickie3times
07 Sep 2015
Re: Future is bright Hold and wait till oil recovers.Still one of my favourite atocks.
20percent
16 Apr 2015
Future is bright Good to see this ticking up a bit.Looks like whoever wins the Argie elections will be more business friendly.[link]
dickie3times
06 Apr 2015
Reuters - oil rises ? US oil settles up $3, or 6.1%, at $52.14 a barrel1 Hour 30 mins agoReuters[link] oil rallied 6 percent on Monday as traders re-assessed how quickly Iran could increase exports after a preliminary nuclear deal and anticipated that a months-long rise in U.S. inventories may be slowing.U.S. crude for May delivery closed up $3.00, or 6.11 percent, at $52.14 a barrel, its largest one-day gain since February 3. Brent crude for May delivery was up $2.90 from Thursday at $57.80 a barrel.Brent crude tumbled nearly 4 percent on Thursday after Iran and six world powers announced a framework agreement on the OPEC member's nuclear program. But initial expectations of a quick recovery in oil exports were tempered by views that it could take up to a year to roll back sanctions."While clearly a bearish headline, a final deal and full lifting of sanctions still faces a number of obstacles," Morgan Stanley analysts said in a note.Iranian finance, energy sectors could soar on deal"Even if a final deal is reached, we do not expect any physical market impact before 2016," the analysts said.Oil extended gains after industry intelligence group Genscape reported that stockpiles at Cushing, Oklahoma, barely rose last week, according to traders. It would be the smallest increase in stocks since November at the delivery point for the U.S. crude contract traded on the New York Mercantile Exchange.A Genscape official was not immediately available to comment.
dickie3times
06 Apr 2015
Soros loves YPF Shale and Argentina are both unloved, for now, but see Soros has gone big into YPF, our partners in the Vaca Muerta.I DIDN'T KNOW THAT
dickie3times
05 Apr 2015
Re: Great update And down massively from highs of 72p, mainly due to oil price slump?We should be getting updates this month (or this week), imo?
waytogo333
10 Mar 2015
Great update Great little oil company with extensive resources, supported by a government fixed oil price of $77/barrel.Look forward to a re-rating of the SP in the coming months.
dickie3times
08 Feb 2015
AEN the exception to the rule...? The current downtrend in the oil and mining sectors may see a swift recovery in a few months with AEN maybe, bucking the trend but if the trend continues it maybe a year before the sector recovers..... I'm reducing my holdings in OIL for quality precious *metal miners, *pharmas and *tech stocks and some gas/energy producers >The tech industry looks ever more exciting with newer technology, especially the applications of 'facial recognition' that has got hundreds of companies interested including the airline industry, security firms, stores and supermarkets....? SECURITY is about to utilize a new level of technology and interest in this industry...the mind boggles at the applications for 'facial recognition' and the companies that are perfecting it....sink or swim?Big decisions in the oil industry as the oil price continues to collapse. Will the oil industry go into 'schizm' (a word usually reserved for the church)? Investors must decide as the industry is about to end 130yrs of control over the world's oil energy resources and give way (finally) to the innovations of the electric vehicles powered by 'lithium' batteries...the big car makers are slowly switching to electric and will survive, while the oil industry will suffer huge losses and inevitable mergers or take overs, giving the small investor a chance, maybe to get his money back.....if that is, someone wants to buy out the company. Do or die, sink or swim, that is the decision many oil investors are making right now?OIL STOCKS ARE IN SCHIZM...........BUT, history has shown that oil always recovered. However, with the advent of the 'electric' car, big industry are slowly but surely making a change to the new sleek, fast all electric vehicles. So, where does the future in oil leave investors? Is oil losing out as the worlds No1 commodity....after 130years, the oil industry could collapse, never to recover?~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~Oil Drillers ‘Going to Die’ in 2Q on Crude Price SwoonJoe Carroll Jan 22, 2015 9:39 pm[link] drillers will begin collapsing under the weight of lower crude prices during the second quarter and energy explorers who employ them will shortly follow, according to Conway Mackenzie Inc., the largest U.S. restructuring firm.Companies that drill wells and manage fields on behalf of oil producers will be the first to fall after the benchmark American crude, West Texas Intermediate, lost 57 percent of its value in seven months, said John T. Young, whose firm led the city of Detroit through its 2013 bankruptcy.Oil companies have slashed thousands of jobs, delayed billions of dollars in projects and dropped or scaled back expansion plans in response to the prolonged rout in crude prices. For oilfield service providers that test wells and line the holes with steel and cement, the impact of price reductions forced upon them by explorers will start to pinch hard during the second quarter, Young said Thursday.“The second quarter is going to be devastating for the service companies,” Young said in a telephone interview from Houston. “There are certainly companies that are going to die.”Oilfield-service providers are facing a “double-whammy,” he said. Even as oil companies are demanding 20 percent to 30 percent price reductions, they’re also extending wait times before paying their bills, enlarging cash-flow gaps for the drilling and equipment firms, he said.
dickie3times
22 Jan 2015
8ft Bigfoot captured in Wisconsin 8ft tall with a 3inch dick, hidden by body hair...unbelievable?[link] drillers will begin collapsing under the weight of lower crude prices during the second quarter and energy explorers who employ them will shortly follow, according to Conway Mackenzie Inc., the largest U.S. restructuring firm.
dickie3times
17 Jan 2015
I worry that investors are just waiting for a spike to trade out.......?..Most stocks in the sector are down 50% or more.....best strategy, imo...top up and build up your stakes for the better times ahead.Take a look at some of the favourites in 2014..all gone kaput. But 'shrewdies' will be staking big time at current levels as some are ridiculously oversold on good fundamentals. No one seems to be interested in RNS' at present and are simply taking profits on every/any spike. Even the best news releases are quickly taken down with profit taking, imo the 'shorters' are not helping and are putting the mockers on AIM stocks.I just hope AEN doesn't suffer as the oil prices keep falling. We need to beat the current trend of "sell on the news"
dickie3times
12 Jan 2015
Re: Good news waytogo333.....Maybe we went too high tooo soon and what with the sector suffering as well, i am surprised we hadn't dropped below 25p...incidentally the level at which we took off?As the oil prices recover so will AEN and most other mining/oil stocks....? Just look at the prices of others' in the sector...down 50% and more...Shrewdies will be buying up while others are getting out. In 6-12 months they'll be in clover, imo
