Echo Energy Share Discussion Threads

[steelwatch] 01/5/2018 11:29

@echoenergyplc

Next shareholder dates for your diary: Exeter 9 May from 6:00 PM to 9:30 PM (BST) at Mercure Exeter Southgate Hotel, Southernhay East,EX1 1QF. Shares Event London 21st May.
E-mail: [e-mail] if you have not received your invitation.

[steelwatch] 30/4/2018 20:54

VOX Markets podcast: Chariot Oil & Gas, SDX Energy, Jersey Oil & Gas, Echo Energy, Diversified Gas & Oil and Range Resources
Posted on 30 April 2018

[bushman1] 30/4/2018 13:45

Many thanks crystal ball, that's very helpful plus reassuring to know Fiona is absolutely open to queries.

[steelwatch] 30/4/2018 13:31

Me too, though I suspect the CSo-50 workover has been postponed pending a wider work program to re-establish oil production from suitable wells.

edit: thanks for clarification crystball.

[crystball] 30/4/2018 13:29

Her reply was......

CSo 50 was targeting a small NW accumulation of potential gas (c. 10% of the volume on the east flank Springhill formation tested by CSo 85) but failed to produce any significant h/carbons though further reduced uncertainty on reservoir fluid distribution within this historic field.

The result does not impact the viability of the east flank Springhill accumulation in any way where the extended testing continues or indeed the potential gas resources of the deeper Tobifera formation to the west of the Canandon Salto Field.

Hope that helps

Fiona

[crystball] 30/4/2018 13:15

I have sent an email to her. Awaiting her reply.

[bushman1] 30/4/2018 13:14

Could any pi here who attended the recent event and met Fiona, ask her directly please ? Then we'll know what the outcome was or if we 're still yet to be advised. Many thanks.

[soulsauce] 30/4/2018 10:44

To me it suggested that they have decided not to do the third while they rethink a rehabilitation plan?

[crystball] 30/4/2018 10:27

Today's update did not give any specific results from the third workover well CSo-50. 2 out of 3 workovers therefore with a good result and we assume no gas resulting from the last Fraccion D workover. Onwards to Fraccion C.

[soulsauce] 29/4/2018 19:55

Good explanation of why they found oil instead of gas too.

[crystball] 29/4/2018 19:24

It was good to see this video. All very exciting.

[steelwatch] 29/4/2018 10:02

Newcastle:

[soulsauce] 28/4/2018 08:57

And yet they attracted loads of investment at 17.5p. I am sure they didn’t think it too much and surely did DD and run the slide rule.

[bushman1] 28/4/2018 08:37

Yes, but svs do you not think it might be due to the size of ECHO's market cap ? I hold quite a large position. Am hearing this from a couple of previous investors who sold at 15.5 p.

[svsvsvsv] 27/4/2018 12:18

Just don't get people selling at present.

[steelwatch] 25/4/2018 14:29

@echoenergyplc
4 hours ago

Thank-you to all who attended our Newcastle Event last night. Next regional event will be held in Exeter on 9 May from 6:00 PM to 9:30 PM (BST)
Mercure Exeter Southgate Hotel, Southernhay East,EX1 1QF. E-mail:[e-mail] if you have not received your invitation.

[steelwatch] 25/4/2018 12:16

Not sure if this counts as a report or not on LSE:



grippa
Posts: 3,059
Today 11:39

RE: Newcastle

There still looking at other assets as we speak!


grippa
Posts: 3,059
Today 11:36

RE: Newcastle

If they can get they will drop a pump down CSO-80 the last work over via wireline (CHEAP) and see how it performs. Basically where there doing the worker the gas has migrated into other structures slightly alowing oil level to rise hence the oil instead of gas. Theres 130 redundant wells in this area there considering going back into if there quick monetisation thought to be had and while its not guaranteed I THINK they will be going down this route and could be as soon as next month!

[crystball] 25/4/2018 10:34

Does anyone have any feedback from the meeting yesterday?

[coldspring] 25/4/2018 09:51

Another red day. Broadly positive RNS first thing Monday and this brings 3 days of share price reducing. What would a poor RNS do? Shudder to think

[steelwatch] 24/4/2018 17:42

Fiona presenting:

Shares Investor Evening (London)
Monday 21 May 2018

register here:

[steelwatch] 23/4/2018 10:35

Great newsflow and we've only just begun!

[soulsauce] 23/4/2018 08:54

Yes peter, go figure?? Crazy.

[peterdonovan] 23/4/2018 08:51

More good news And the price goes down

[crystball] 23/4/2018 07:52

More good news!

[bigboots] 23/4/2018 07:42

Just unbelievable strike here, we weren't expecting this