Posted by albertwarrior > 2015-09-30 08:43 | Report Abuse

https://beta.dailyfx.com/forex/technical/article/cross-market_technical_update/2015/09/29/Crude-Oil-TA-9.29-TYOil.html

Posted by albertwarrior > 2015-09-30 10:43 | Report Abuse

WTI at $44.74, Brent at $47.87

Posted by albertwarrior > 2015-09-30 10:44 | Report Abuse

Still not stable yet.

Posted by albertwarrior > 2015-09-30 10:45 | Report Abuse

Risky.

Posted by albertwarrior > 2015-09-30 12:29 | Report Abuse

0.32-0.325 is cheap. 0.30-0.31 is more cheaper.

Posted by albertwarrior > 2015-09-30 12:41 | Report Abuse

WTI at $44.71 and Brent at $47.81

Posted by albertwarrior > 2015-09-30 16:44 | Report Abuse

Iran already can export its crude oil. As a result, oil supply increased. By this, the crude oil prices is difficult to up.

Posted by 5c0160 > 2015-09-30 18:13 | Report Abuse

Game over

Posted by albertwarrior > 2015-09-30 21:25 | Report Abuse

http://mobile.reuters.com/article/idUSKCN0RU01J20150930

Posted by elguapo > 2015-10-01 04:24 | Report Abuse

In an earlier report, there are 4 downside factors on brent crude prices:
a. Iran oil exports to be up in 6 months
b. China's weak oil demand
c. US sustained high crude inventory
d. OPEC's insistence to keep its output to defend market share

Posted by LaoLiu > 2015-10-01 09:39 | Report Abuse

Is better to take on as long term investment.

Posted by john95 > 2015-10-01 09:56 | Report Abuse

Yes,tp 0.60

Posted by LaoLiu > 2015-10-01 10:28 | Report Abuse

Definitely will reach your tp of 0.600. Short term pain, long term gain. The direction of global oil and gas keep on changing in the future, no one's really know what will happen next. But, is really good chance to accumulate at low now.

Posted by LaoLiu > 2015-10-01 12:15 | Report Abuse

Oil Advances on Signs China Stabilizing While Crude Output Slows
-China manufacturing indicators for September beat estimates
-U.S. output falls to 10-month low, OPEC production slides
Oil rose amid signs of stabilization in China, the world’s second-biggest user, and as U.S. and OPEC production slows.

Futures gained as much as 1.5 percent in New York. China’s official manufacturing gauge for September came in at 49.8, above the median 49.7 forecast in a Bloomberg survey. A private gauge also beat estimates. U.S. production declined for the seventh time in eight weeks to a 10-month low. The Organization of Petroleum Exporting Countries produced 32 million barrels a day in September, down 0.7 percent from the previous month.

Oil has plunged more than 25 percent from this year’s closing peak in June amid speculation a global glut that drove prices to a six-year low will be sustained and as China’s economy grows at the slowest pace in a generation. U.S. crude stockpiles remain about 100 million barrels above the five-year seasonal average.

“China’s manufacturing data has at least improved from the previous month, which is a plus factor for oil prices,” Kang Yoo Jin, a commodities analyst at NH Investment & Securities Co. in Seoul, said by phone. “With oil staying below $50 a barrel, there’s a high chance that the U.S. output will continue to fall.”

For more : http://www.bloomberg.com/news/articles/2015-10-01/oil-sticks-near-45-amid-mixed-supply-signals-from-opec-u-s-

Posted by albertwarrior > 2015-10-01 12:50 | Report Abuse

Best buy at 0.30 and below can accumulate. If buy at 0.31 and above, if fall rugilah as the price is not really stable.

Posted by albertwarrior > 2015-10-01 12:52 | Report Abuse

For shorterm can, for long term better don't buy it until 0.30 and below.

Posted by LaoLiu > 2015-10-01 15:12 | Report Abuse

No one's can buy at the lowest nor sell at the highest. Surely below 0.300 is a very good point for entry, but the price for now, is consider real low too if take on long term wise. Not so advisable for contralian<short term-er>, as bursa here, still got many potential counter to earn between 3 days time.

Posted by albertwarrior > 2015-10-01 15:26 | Report Abuse

http://fuelfix.com/blog/2015/09/30/oil-inventories-rising-as-refineries-slow-down-crude-price-dips/

Posted by peter123 > 2015-10-01 17:38 | Report Abuse

Oil price will hit 47-48 tomorrow... be ready to grab

Posted by john95 > 2015-10-01 20:42 | Report Abuse

So,perisai will hit to 0.38

Posted by albertwarrior > 2015-10-02 07:51 | Report Abuse

http://www.cnbc.com/2015/09/30/oil-edges-up-on-estimate-of-strong-demand-syria-risks.html

Posted by albertwarrior > 2015-10-02 07:55 | Report Abuse

Brent crude at $47.69 a barrel

Posted by Mohd Fahmi Bin Jaes > 2015-10-02 08:05 | Report Abuse

Oil from 49 down 47

Posted by albertwarrior > 2015-10-02 10:42 | Report Abuse

http://marketrealist.com/2015/10/cushing-crude-oil-inventories-backed-wti-prices/

Posted by albertwarrior > 2015-10-04 08:52 | Report Abuse

http://moneymorning.com/2015/10/02/will-hurricane-joaquin-affect-wti-crude-oil-prices/

Posted by albertwarrior > 2015-10-04 11:55 | Report Abuse

http://marketrealist.com/2015/10/will-hurricane-joaquin-boost-depressed-crude-oil-market/

Posted by annmix > 2015-10-05 09:13 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4884285
PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI" OR THE "COMPANY")

LETTER OF AWARD FOR THE PROVISION OF THE JACK-UP DRILLING RIG "PERISAI PACIFIC 101" ("PP101") FOR PETRONAS CARIGALI SDN BHD ("PCSB")

- FARM-OUT TO HESS EXPLORATION AND PRODUCTION BV
1. INTRODUCTION

Reference is made to our announcements of 8 May 2014 (“8 May Announcement”) and 12 May 2014. Unless defined herein, all italicised and capitalised terms used here shall bear the same meaning as ascribed to the same in the 8 May Announcement.

The Company wishes to announce that its 51% subsidiary, Perisai Offshore Sdn Bhd has agreed with PCSB and HESS Exploration and Production Malaysia BV (“HESS”) to a farm-out of the Award of Contract No. CHO/2013/DDR/0079 (“Contract”) to HESS (“Farm-Out”).

All conditions relating to the disclosure of the Farm-Out has been secured today.

2. DETAILS OF THE FARM-OUT

The Farm-Out commenced on 23 September 2015 and shall continue for a duration of nine (9) months, with an option to extend for a period up to one (1) month by HESS.

At the end of the Farm-Out, the PP101 will be reassigned to PCSB to support PCSB’s drilling operations.

The total contract value of the Farm-Out to HESS for the primary nine (9) month period is approximately USD26.9 million.

3. EFFECTS

The Farm-Out will have no effect on the issued and paid up share capital of the Company. It is expected to contribute positively to the Group’s financial position for the financial periods comprised in the Farm-Out.

4. DIRECTORS’ AND MAJOR SHAREHOLDER’S INTEREST

Datuk Zainol Izzet Bin Mohamed Ishak, the Managing Director of the Company, is a director of Perisai Offshore and holds 49% of Perisai Offshore’s issued and paid up share capital.

Save for that as disclosed above, none of the Directors and/or major shareholders of the Company or persons connected thereto have any interest, direct or indirect, in the Farm-Out.

5. COMPANY’S BEST INTEREST

The Board is of the opinion that the Farm-Out is in the best interest of the Company.

This announcement is dated 2 October 2015.

Posted by albertwarrior > 2015-10-05 10:46 | Report Abuse

Will perisai up to 0.38?

Posted by albertwarrior > 2015-10-05 14:19 | Report Abuse

http://www.cnbc.com/2015/10/04/us-crude-edges-above-4550-on-russia-overtures-us-rig-count.html

Posted by mikeann > 2015-10-05 20:07 | Report Abuse

Not good news. Why the need to farm out the project?
Seems to me Perisai not capable to undertake project due to financial constraints.

Posted by cmloo > 2015-10-05 22:11 | Report Abuse

crude pushing 47

Posted by albertwarrior > 2015-10-05 22:39 | Report Abuse

http://marketrealist.com/2015/10/crude-oil-prices-rise-sentiments-versus-reality/

Posted by albertwarrior > 2015-10-06 07:52 | Report Abuse

Wti $46.32 Brent $49.25

Posted by LaoLiu > 2015-10-06 08:56 | Report Abuse

Perisai Petroleum Teknologi - Drilling Contract Farm-out
http://klse.i3investor.com/servlets/ptres/32634.jsp

Posted by LaoLiu > 2015-10-06 09:03 | Report Abuse

go, go go, perisai..!

Posted by albertwarrior > 2015-10-06 09:21 | Report Abuse

http://ezinearticles.com/?Context-on-Farm-In-/-Farm-Out-Agreements&id=7869761

Posted by albertwarrior > 2015-10-06 09:21 | Report Abuse

http://m.fasken.com/oil-companies-farm-out-farm-in-agreements/

Posted by albertwarrior > 2015-10-06 09:22 | Report Abuse

http://www.mondaq.com/Nigeria/x/7416/Insurance/Why+Do+Oil+Companies+Do+FarmOuts+And+FarmIns

Posted by annmix > 2015-10-06 10:31 | Report Abuse

PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI" OR THE "COMPANY")
- DEFERMENT OF DELIVERY OF THE SECOND UNIT OF PACIFIC CLASS® 400 JACK UP DRILLING RIG, THE PERISAI PACIFIC 102

1. INTRODUCTION

Reference is made to our announcement of 28 February 2013 on the construction of the second unit of Pacific Class® 400 jack-up drilling rig, the Perisai Pacific 102.

We wish to inform that we have agreed with PPL Shipyard Pte Ltd to defer the delivery date of Perisai Pacific 102 to a date no later than 31 March 2016 (“Deferment").

2. DETAILS OF THE DEFERMENT

The original delivery date for the Perisai Pacific 102 is on 30 April 2015. The delivery date is now revised to a date no later than 31 March 2016. Apart from this Deferment, all other contractual provisions remain the same.

3. EFFECTS

The Deferment will have no effect on the share capital of the Company. It is expected to contribute positively to the Group’s earnings and net assets upon deployment of Perisai Pacific 102.

4. DIRECTORS’ AND MAJOR SHAREHOLDER’S INTEREST

None of the Directors and/or major shareholders of the Company or persons connected to them have any interest, direct or indirect, in the Deferment.

This announcement is dated 5 October 2015.

Posted by albertwarrior > 2015-10-06 12:43 | Report Abuse

http://www.marketwatch.com/story/oil-prices-up-as-weak-us-jobs-data-weighs-on-dollar-2015-10-05

Posted by albertwarrior > 2015-10-06 12:43 | Report Abuse

http://www.thestreet.com/story/13312555/1/encana-eca-stock-is-up-on-higher-crude-oil-prices.html

Posted by albertwarrior > 2015-10-06 12:44 | Report Abuse

http://www.ibtimes.com/dow-jones-industrial-average-gains-wall-street-braces-q3-earnings-season-2126863

Posted by cmloo > 2015-10-06 22:41 | Report Abuse

crude pushing 48

Posted by derrickinvestor1 > 2015-10-06 23:32 | Report Abuse

brent oil breach USD50/-

Posted by LaoLiu > 2015-10-07 00:29 | Report Abuse

If can sustain, tmr ONG sector gonna fly high.

Posted by albertwarrior > 2015-10-07 07:00 | Report Abuse

http://www.cnbc.com/2015/10/05/crude-up-slightly-in-early-asian-trade-russia-mulls-oil-talks.html

Posted by albertwarrior > 2015-10-07 07:01 | Report Abuse

http://www.marketwatch.com/story/oil-futures-in-choppy-trade-ahead-of-us-inventory-data-2015-10-06-11032827

Posted by albertwarrior > 2015-10-07 07:14 | Report Abuse

http://finance.yahoo.com/q?s=USDMYR=X

Posted by albertwarrior > 2015-10-07 07:16 | Report Abuse

http://www.bloomberg.com/energy

Posted by shquah > 2015-10-07 08:51 | Report Abuse

Today all oil stocks fly high.....
Could be all the way from now until next year.....Good Luck.