Echo Energy Share Discussion Threads

[leonsito] 24/2/2018 08:22

Technical analysis, trendline broken to the upside 28p target, courtesy of harps https://twitter.com/Harps_trader/status/967001560852193282?s=20

[leonsito] 23/2/2018 12:28

Added here today. Trendline broken and macd bullish crossover. GLA

[crystball] 12/2/2018 08:13

An update to my earlier posting......If the individual probabilities of success are correct then the chance of at least 1 out of 4 successes is 84.3%, at least 2 out of 4 successes is 47.2%, at least 3 out of 4 successes is 14.6% and 4 out of 4 successes is 1.9%. With 4 drills there are 16 permutations of success or failure.

Each drill won't of course be a binary outcome however! Bearing this in mind, in my opinion it is worth a bet.

[soulsauce] 12/2/2018 07:19

Indeed great news.

[swrxf06] 12/2/2018 07:18

Exciting times ahead.

[soulsauce] 07/2/2018 19:13

Thanks steelwatch ;-)

[crystball] 07/2/2018 18:56

Very useful to read the transcript. Thanks for making a link available to download it.

[steelwatch] 07/2/2018 18:35

Transcript of today's Q&A session (pdf file) now available to download. Click the date just above the "ADVFN TV" feature at the foot of the header on this page and follow on-screen directions.

[steelwatch] 07/2/2018 08:34

Thanks bushman:

[bushman1] 07/2/2018 07:03

Q & A this afternoon at 15.00 hrs. For those wishing to join, the link to register is on ECHO website :

[steelwatch] 02/2/2018 11:36

@echoenergyplc
3 hours ago

CEO Fiona MacAulay and Non-executive director Marco Fumagalli inspect the well pad for our first exploration well on Fraccion C which is 90% complete. Echo geoscience team is working up the well proposal for a Q2 spud…..

[steelwatch] 31/1/2018 13:05

Argentinian acquisition now complete. Busy 2018 work programme soon to be announced:

[bushman1] 31/1/2018 08:40

Solid, comprehensive RNS.

("Echo" or the "Company")

Corporate Update and New Website

Echo Energy plc, the South and Central American focused upstream oil and gas company, is pleased to provide an update in relation to the Company's recently completed Argentinian acquisition.

In January 2018, Echo completed the acquisition of 50 per cent. interests in each of the Fracción C, Fracción D and Laguna De Los Capones concessions and in the Tapi Aike exploration permit (the "Assets") and is now pleased to confirm that all requisite ancillary operational documentation, including the Joint Operating Agreements for the Assets, are in final agreed form.

The Company is therefore now ready to initiate its busy 2018 Argentinian work programme. In anticipation of the 2018 work programme, tenders for the planned seismic acquisition have been issued, the slot in the rig schedule for the transformative four exploration well programme at Fracción C is reserved to commence in Q2 2018 and the permitting of those four well locations is now in progress. The Company looks forward to updating investors further shortly.

As at 31 January 2018, the Company had unaudited current cash balances of approximately USD 32 million and does not require further funding to complete the Company's 2018 exploration drilling programme. The Company will not proceed with the intended Open Offer previously announced on 3 January 2018.

A new website for the Company has now been launched (www.echoenergyplc.com) and the Company invites investors to the next web based Q&A session 'Time with the team' at 3.00 p.m. on 7 February 2018.

Defined terms used in this announcement have the same meaning as set out in the Company's admission document dated 15 December 2017.

[bushman1] 31/1/2018 08:40

Solid, comprehensive RNS.

[steelwatch] 30/1/2018 17:41

@echoenergyplc
5 hours ago

View CEO Fiona MacAulay's interview from the Ritz event here:

[steelwatch] 26/1/2018 10:45

Thanks bushman.

[bushman1] 26/1/2018 09:38

Updated presentation : Q1 2018

[steelwatch] 25/1/2018 20:03

Dark too 8-)

[ride daice] 25/1/2018 18:55

It's pretty obvious that the world needs more gas. It's been bloody freezin' of late !!!

[soulsauce] 25/1/2018 15:34

Cheers steelwatch exciting times indeed can someone tell the share price ;-)