May 07, 2012
| Energy
Weekly Energy Bulletin
Weekly Energy Bulletin: Raymond James Canada Energy Outlook Legacy Oil + Gas (LEG-TSX, Strong Buy): scheduled to report 1Q12 results; we expect an increase to the company’s credit facility, which would be positive for the stock. [May 14] Pacific Rubiales (PRE-TSX, Strong Buy): the company is... Read more
May 04, 2012
| Energy
Las Maracas-2 Put on Production
Las Maracas-2 Put on Production at 1,000 bopd PetroAmerica announced last night that first oil production has commenced at the Las Maracas-2 ST well on Llanos Basin block Los Ocarros, owned on a 50:50 basis with Parex Resources. The well is producing on an ESP at a restricted rate of 1,000 bopd;... Read more
Apr 30, 2012
| Energy
Weekly Energy Bulletin
Weekly Energy Bulletin: Raymond James Canada Outlook Black Diamond (BDI-TSX, Outperform): We expect the growing pipeline of opportunities for Black Diamond could result in further remote accommodations contract awards over the coming months and a potentially higher 2012 capital spend program.... Read more
Apr 27, 2012
| Energy
Int'l Oil & Gas: Banking on the Price of a Dream
Int'l Oil & Gas: Banking on the Price of a Dream Yesterday, Argentina’s senate passed (63-3) the government’s bill to nationalize YPF (a unit of Spanish oil company, Repsol). If approved by the country’s lower house next week, the bill would then become law. Since the bill was announced by... Read more
Apr 23, 2012
| Energy
Weekly Energy Bulletin
Weekly Energy Bulletin: Raymond James Canada Energy Outlook Black Diamond (BDI-TSX, Outperform): we expect the growing pipeline of opportunities for Black Diamond could result in further remote accommodations contract awards over the coming months and a potentially higher 2012 capital spend... Read more
Apr 17, 2012
| Energy
Energy: Updating Commodity Price Deck
Energy: Updating Commodity Price Deck; First Quarter Preview We have adjusted our 2012 forecast for actual first quarter commodity prices; while WTI prices were ~3% higher than we expected, the discount for Canadian crudes relative to US and international prices widened considerably as a... Read more
Apr 17, 2012
| Energy
Int'l Oil & Gas: 1Q12 Preview
Int'l Oil & Gas: 1Q12 Preview & Price Deck Marking to Market This is a summary, for full analysis click here. We have marked our oil & gas price decks to market effective March 31, 2012. Please refer to our note entitled “Updating Commodity Price Deck; First Quarter Preview,”... Read more
Apr 16, 2012
| Energy
Weekly Energy Bulletin
Weekly Energy Bulletin: Raymond James Canada Energy Outlook Black Diamond (BDI-TSX, Outperform): we expect the growing pipeline of opportunities for Black Diamond could result in further remote accommodations contract awards over the coming months and a potentially higher 2012 capital spend... Read more
Apr 13, 2012
| Energy
Reducing North American Activity
Reducing North American Activity Forecasts...Again Nine weeks ago our Energy Research Group in Houston began publishing a series of “Stat of the Week”s highlighting the torrid pace of US crude oil production growth. In its Feb-13-12 Stat of the Week, the group highlights a play-by-play, bottoms-up-... Read more
Apr 09, 2012
| Energy
