Core Vct I Share Discussion Threads

[lr2] 18/4/2018 14:45

AMER - seller just finished I suspect - up from here likely.

[cudmore] 18/4/2018 14:17

VAL RNS imminent. It’s going to rocket northwards!

[cpap man] 18/4/2018 12:00

CLNR



hxxps://www.dailyreckoning.co.uk/investing/epic-deals-are-being-made-over-north-sea-oil/

[cpap man] 18/4/2018 11:57

UOG



hxxps://www.dailyreckoning.co.uk/investing/epic-deals-are-being-made-over-north-sea-oil/

[eye2] 18/4/2018 11:34

MYN about to rock paying over offer

[cpap man] 18/4/2018 11:10

VLS



1_dma18 Apr '18 - 10:59 - 1446 of 1446

FYi

I have had an email exchange with Red Rock CFO last night and he confirmed that Velocys are still their chosen engineering partner.I tried to probe on some timelines but he was careful in choice of words saying he was aware that VLS is a listed company and information is price sensitive.But he did say something interesting "we are urgently progressing our submitted plans".

I read that as we will be announcing something shortly.

[e-mail]

[argy4] 18/4/2018 11:09

CLP

Continuing it's rise. Hold tight.

[cpap man] 18/4/2018 11:09

VLS



1_dma18 Apr '18 - 10:59 - 1446 of 1446

FYi

I have had an email exchange with Red Rock CFO last night and he confirmed that Velocys are still their chosen engineering partner.I tried to probe on some timelines but he was careful in choice of words saying he was aware that VLS is a listed company and information is price sensitive.But he did say something interesting "we are urgently progressing our submitted plans".

I read that as we will be announcing something shortly.

[e-mail]

[still waiting] 18/4/2018 10:23

Tern RNS just out

ex FD from Warners increases stake..

chart break out forming.

[cpap man] 18/4/2018 10:16

VLS



On the way up again now are VLS

[still waiting] 18/4/2018 10:08

TERN

big premiums just paid, chart poised for a breakout.

[argy4] 18/4/2018 09:41

LSAI

Looks an interesting recovery play.

[nicosevos] 18/4/2018 08:40

ALBA,
Zac Mir chart, first one in.

[nicosevos] 18/4/2018 08:40

ALBA,
Zac Mir chart, first one in.

[recordz] 18/4/2018 07:54

18 April 2018

Echo Energy plc

("Echo" or the "Company")



First Oil Export Cargo and Gas Sales Update



Echo Energy plc, the Latin American focused upstream oil and gas company, is pleased to announce that its first export cargo of oil was loaded from the Punta Loyola terminal, Rio Gallegos, on to the New Conquest tanker over the weekend of 14 April 2018.



Echo's share of the cargo from Q1 oil production from Fracción C and Fracción D was approximately 25,000 barrels and the cargo was sold to Vitol. The final realised sale price is based upon the average Brent price for the 5 days following loading and will be at a discount of approximately US$6 per barrel to the average Brent price during that period which is currently sitting at over US$ 71.5 per barrel.



Additionally, during Q1 all sales gas produced in the period (245.1 million standard cubic feet net to Echo) has been sold into the Argentinian market at an average realised price of US$4.21 per mmbtu (pricing ranging from US$3.04 to US$5.53 per mmbtu during the period). An additional 81.5 million standard cubic feet produced at the wellhead has been utilised in field for fuel and power.



Total sales receipts net to Echo before royalty, tax and operating expenses for Q1 2018 are therefore anticipated to be approximately US$2.7 million.



Fiona MacAulay, Chief Executive Officer of Echo, commented:



'Loading our first cargo was a significant step for Echo, particularly with Brent currently trading at a sustained US$70 / barrel for the first extended period during 2018. We are also delighted that gas sales have remained strong and our realised blended price for those has been in excess of US$4.20 per mmbtu throughout the summer season in Argentina. Receipt of maiden LATAM revenues in Q1 marks an important milestone in the Company's mission to become an exploration-led gas-focused mid-cap E&P, delivering value for shareholders.'

[cudmore] 18/4/2018 06:22

CLP news will see it fly!