This week, Arrow Exploration Corp. shared an update on the Rio Cravo Este-6 (RCE-6) well on the Tapir block in the Llanos basin of Colombia. Read to see why analysts are excited about this company's stock.
Ron Struthers of Struthers Resource Stock Report expects the Middle East conflict to widen and eventually propel oil prices much higher. It is also possible that Arab states could deploy an oil embargo. Callon Petroleum is cheap and would be a prime benefactor. With the uncertainty, it is a good idea to take profits in tanker stocks.
Warrants have been exercised for shares of this energy co. These transactions should improve the cash resources of the Canadian oil and gas company and eliminate related overhang on its share price, noted an Auctus Advisors report.
Adrian Day, the president of Adrian Day Asset Management, shares a review of the current state of the market. He notes that markets fell in the third quarter as the Fed remained hawkish, though risks may ease next year as growth slows and inflation returns.
TAG Oil Ltd. has started drilling the horizontal portion of its first horizontal well in the Badr Oil Field in the Western Desert of Egypt. Find out why one oil executive said horizontal drilling "changed it all."