Share Name Share Symbol Market Type Share ISIN Share Description
Eco (Atlantic) Oil & Gas LSE:ECO London Ordinary Share CA27887W1005 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.125p -0.67% 18.50p 17.00p 20.00p - - - 0 07:31:35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -3.5 -4.0 - 21.88

Eco (Atlantic) Oil & Gas Share Discussion Threads

Showing 276 to 300 of 300 messages
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
28/7/2017
12:15
Interview hTTps://www.youtube.com/watch?v=sJTIgMEssls
penfold6
25/7/2017
18:54
More info on ECO's block HTTp://www.ecooilandgas.com/_resources/presentations/EOG_Presentation.pdf
penfold6
25/7/2017
18:51
Another Exxon oil find next to and updip of ECO's Orinduik Block, where one of the targets is only in 70m depth of water, as apposed to the deeper Exxon block. ExxonMobil discovers additional oil offshore Guyana July 25, 2017 Exxon Mobil Corp. (NYSE:XOM) has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 million oil-equivalent barrels. These well results increase the estimated gross recoverable resource for the Stabroek Block to between 2.25 billion oil-equivalent barrels and 2.75 billion oil-equivalent barrels. The well was drilled by ExxonMobil affiliate Esso Exploration and Production Guyana Limited and encountered 59 feet (18 meters) of high-quality, oil-bearing sandstone in the Payara field. It was drilled to 19,068 feet (5,812 meters) in approximately 7,000 feet (2,135 meters) of water. The well is only 12 miles (20 kilometers) northwest of the recently funded Liza phase 1 project on the Stabroek Block, which is approximately 130 miles offshore Guyana. The Stabroek Block is 6.6 million acres (26,800 square kilometers). Esso Exploration and Production Guyana Limited is operator and holds 45% interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30% interest and CNOOC Nexen Petroleum Guyana Limited holds 25% interest.
penfold6
14/5/2017
07:14
hxxps://audioboom.com/posts/5915591-alan-friedman-executive-vice-president-co-founder-and-director-eco-atlantic-eco-12th-may-2017
penfold6
02/5/2017
22:57
Why isn't this 40p?
maccamcd
12/4/2017
15:02
Finished reading the administration document and, after looking a bit further this does appear to be an interesting find.
dorset64
10/4/2017
19:43
Guyana buzz grows as ExxonMobil notches third find Monday, Apr 10, 2017 Investors are circling after ExxonMobil’s Snoek well became the third successful discovery in the Stabroek block, writes Tom Rees WHAT: The discoveries could see Guyana producing over 400,000 bpd in the next decade. WHY: At least two FPSOs are being mobilised for the Stabroek block. WHAT NEXT: Eco Atlantic and Tullow are shooting 3D seismic in nearby blocks, as the pace of exploration also picks up in neighbouring Suriname. ExxonMobil made another oil discovery offshore Guyana last week. The US super-major said it had found 25 metres of “high-quality oil-bearing sandstone reservoirs” at its Snoek well, the third discovery in the Stabroek block. The Snoek discovery follows the firm’s successes at the Payara and Liza fields in the block, the latter of which is estimated to contain up to 1.4 billion barrels of light oil. The focus offshore Guyana will now turn to surrounding exploration blocks, such as Orinduik and Kanuku, two neighbouring licences that will undergo 3D seismic surveying this quarter. Eco Atlantic’s CEO Gil Holzman, whose company has a 40% stake in the Orinduik block, told NewsBase Intelligence (NBI) that ExxonMobil’s recent discoveries had turned Guyana into “one of the hottest exploration areas in the world right now”. Though ExxonMobil’s head of exploration, Steve Greenlee, has described the Guyanese offshore as a “technically complex play”, Holzman believes more discoveries will be made as companies’ understanding of the area’s geology improves. “The hit rate is getting better and better, because they understand the basin geology much better. With every well that is being drilled and hit, it’s much easier to calibrate and understand how the geology of the entire Guyana-Suriname Basin works,” said Holzman. Thus far, only one well at Stabroek, SkipJack, has turned up dry. Eco Atlantic along with its partner Tullow Oil, which operates Orinduik, aims to have completed a 3D seismic survey by the end of the second quarter. Potential drilling targets have already been identified based on a 2D seismic survey, which should make the interpretation process quicker than usual. “Assuming all goes to plan, we are hoping to have identified our drilling targets by the end of the year and, if oil prices stay the same and the overall market stays the same, we can even be in the position to be drilling in 2018 which is three years ahead of schedule. But of course all these decisions need to be taken with our block partners and the operator Tullow,” said Holzman on the joint-venture’s accelerated plan to unlock the estimated 900 million barrels in the block. Rising interest Holzman said there was a buzz developing around the country’s emerging oil industry and that the majors were beginning to circle around its offshore assets. “I just came back from Guyana two days ago and we co-sponsored a big oil and gas conference there that was organised by the Guyana Oil and Gas Association. You could see by the turnout, you could see by the various stakeholders that had arrived, by the foreign governments and service providers there that the area is quite hot.” “If you had tried to have this conference two years ago in Guyana, the turnout would probably have been 40 people and most of them locals. But we had 350 people coming, paying a lot of money for the conference and the atmosphere was very vivid,” said Holzman, whose company secured the Orinduik licence, which lies just 6.5 km south of the Liza discovery, in January 2016. Holzman added that several big names had approached Eco Atlantic regarding its stake in Orinduik but the company was “not in any hurry” to sell part of the block with the 3D seismic programme already fully funded. The company raised the capital required for the upcoming programme by floating on London’s Alternative Investment Market (AIM) in February, raising GBP5.1 million (US$6.4 million). Although Eco Atlantic owns 23,000 square km in the Walvis Basin off the coast of Namibia, the Orinduik licence has “naturallyR21; stolen the limelight and the company’s focus has now turned to the Guyana-Suriname Basin. The US Geological Survey (USGS) says the basin is the second-most prospective, underexplored offshore basin in the world, estimating crude reserves at 13.6 billion barrels and gas deposits of 32 tcf (906 bcm). First oil ExxonMobil announced last month that it anticipates first oil from the Liza field in 2020, by which time it will have invested US$5 billion in the project. ExxonMobil’s CEO Darren Woods said in a recent investor presentation that the field’s output would reach 100,000-120,000 bpd during Phase 1 with a breakeven cost of US$40 per barrel. It is anticipated that two FPSOs will be used to develop Liza and Payara, with the Snoek find probably meaning another vessel will also be required. The discoveries that have been made to date, along with future finds, could see Guyana’s oil production peak at around 450,000 bpd in the next decade, according to estimates by Wood Mackenzie, a consultancy. Although ExxonMobil has held the Stabroek exploration licence since 1999, it only discovered Liza two years ago. ExxonMobil owns a 45% stake in the block with Hess and Chinese state-run CNOOC’s subsidiary Nexen holding stakes of 30% and 25%, respectively. Holzman said that ExxonMobil had “completely opened up a new play” and that big companies would now flood the sector in Guyana “because the risk is decreasing”. He added: “ExxonMobil is a big company, they know what they’re doing, they’ll make sure the infrastructure is in place.” Although Guyana currently lacks the infrastructure to refine the oil that is produced, nearby Trinidad and Tobago could be leveraged as a processing hub, with reports emerging last week that the country’s Prime Minister Keith Rowley had flown out to Texas to meet with senior ExxonMobil officials. Guyana, which has never produced oil before, is taking “very big steps to make sure [it] can accommodate these big oil companies”, according to Holzman. “They are very savvy, they are taking their steps very carefully. They have learnt from other people’s mistakes. They consult with everyone to make sure everything is in place by the time it should be,” said Holzman, who has 12 years of experience working in the sector in Africa. “They are all very focused on taking this once in a lifetime opportunity for the nation.” That said, Guyana set its fiscal terms at a level that would draw in investment in exploration in what was a high risk frontier area. The success of ExxonMobil and its partners in proving prospectivity could see the fiscal terms tighten. In the meantime the focus in exploration terms will be on Eco Atlantic and Tullow as they execute their 3D seismic survey. Attention will also shift to Suriname where Apache is drilling the Kolibri-1 well in Block 53 and where Tullow has also outlined plans to drill in Block 54 this year. Their work will go some way to proving whether the play stretches out across the Guyana-Suriname Basin or if the commercial quantities of oil are only located around the Stabroek block. hxxp://www.youroilandgasnews.com/guyana+buzz+grows+as+exxonmobil+notches+third+find_141340.html
penfold6
02/3/2017
11:42
ExxonMobil plans second Guyana FPSO Executives float idea of 'design one, build multiple' facilities to produce massive Liza find Noah Brenner 2 Mar 2017 04:07 GMT ExxonMobil plans to install a second, bigger, floating production, storage and offloading vessel at its planned Liza development off Guyana and sees potential for more, depending on continued appraisal and exploration success. The US supermajor currently plans to bring Liza on stream through an FPSO that is lined up to be converted by Dutch floater specialist SBM Offshore and will have production capacity of 120,000 barrels per day of oil. It is planned to be installed by 2020, with a final investment decision expected later this year. On Wednesday, ExxonMobil senior vice president Mark Albers said the company is planning for a second phase of development involving a second FPSO on Liza, with capacity of around 150,000 bpd. The second phase appears to be scheduled to come on line within a few years of the first phase, based on a graphic in ExxonMobil's Analyst Day presentation, though Albers did not give a specific timeline. The second FPSO can be supported with volumes already discovered at Liza, as well as at the Payara discovery on the Stabroek block. ExxonMobil estimates it has found between 1.4 billion and 2 billion barrels combined at Liza and Payara, Albers said, and that resource can support the deployment of the two FPSOs right now. Further exploration success could require additional production vessels, he said. "The upside is multi-billion barrel unrisked potential — it's quite large," Albers said. ExxonMobil is currently drilling the Snoek exploration well to the south of Liza and then plans to return to Liza for the Liza 4 appraisal well, which will test the eastern flank of the field and further investigate a deeper oil-bearing horizon found in previous appraisals. Albers said ExxonMobil is being "very methodical in our appraisal and exploration programme" in order to assess future FPSO-manufacturing plans. "We have the opportunity to build these vessels to take contractual advantage of 'design one, build multiple'," he said. http://www.upstreamonline.com/live/1220659/exxonmobil-plans-second-guyana-fpso
penfold6
15/2/2017
15:29
http://www.proactiveinvestors.co.uk/columns/vsa-capital-market-movers/27111/vsa-capital-market-movers-eco-atlantic-oil-gas-ltd-27111.html
scotty666
10/2/2017
16:09
1 trade...news coming.
412069
09/2/2017
09:39
Indeed...thanks Keya5000 and here and there..
pre
09/2/2017
09:20
£4million II and the rest retail. Mainly Shard capital clients. i took part in the IPO. Know the company well, been a shareholder for 5 years
here and there
08/2/2017
16:59
Pre both. I got some in the placing. Looks a good one.
keya5000
08/2/2017
12:48
http://uk.advfn.com/stock-market/london/pires-inv-PIRI/share-news/Pires-Investments-PLC-Investment-in-Eco-Atlantic-O/73800202
runnerpete22
08/2/2017
12:26
were individual private investors eligible for placing when floated or were funds raised with large private investors ? thoughts welcome...
pre
08/2/2017
11:44
Guyana & French Guiana are going to be massive oil & gas fields these next few years thats a cert, its finding the oil minnows that have tagged along with the big boys where the moneys to be made. Total offered HNL £75m for there 1% of the joint venture back in 2012 which HNL refused ho ho no but its still hold that % and after more. Its the place to be imho.
412069
08/2/2017
10:36
Great looking stock - Tommyboyb -
tomboyb
08/2/2017
10:32
Try it again...
keya5000
08/2/2017
10:30
Thank you keya5000
cpap man
08/2/2017
10:27
Should be both? ECO Atlantic--Next door to Exxon Offshore Guyana Premium BB Broadcast Thread with READ/WRITE options on the Free BB
keya5000
08/2/2017
10:24
PIRI and WTE make an investment here -
tomboyb
08/2/2017
10:22
Thanks keya5000 but not a PBB so that all your blicks like me can post as well!
cpap man
08/2/2017
10:18
Done http://uk.advfn.com/cmn/pbb/thread.php3?id=40810001
keya5000
08/2/2017
10:17
Company Profile Eco Atlantic Oil and Gas is an international oil and gas exploration and development company, focused on the identification, acquisition and development of upstream petroleum opportunities in politically stable and technically de-risked jurisdictions around the world. The Company is listed on the Toronto Stock Exchange (TSX-V) and has a strategic portfolio of offshore projects in Guyana (South America) and Namibia (Africa). In partnership with Tullow Oil, Eco Atlantic holds a 40% working interest in the 1800 km2 Orinduik offshore block in the shallow water of the prospective Guyana-Suriname basin. Notably, the licence area is adjacent and updip to ExxonMobil’s world class Liza discoveries where recoverable resources could be c.1.4 Billion barrels and field development planning has begun in earnest. In offshore Namibia, Eco Atlantic operates and is the major interest owner of four prospective licence blocks in the Walvis Basin; Sharon, Cooper, Guy and Tamar. It is estimated that 25 billion barrels of prospective resources could be held within this licence area. The Walvis Basin is a proven petroleum system and Eco Atlantic is working in partnership with Tullow Oil, NAMCOR and AziNam on projects in the region. Eco Atlantic comprises a qualified and experienced management team, whose skills are utilised to operate the offshore licences. When a licence is acquired, Eco looks to bring on board a reputable and globally recognised oil and gas partner to assist with the development and operating of the licence block. In addition, Eco Atlantic’s Board and Management team fully understand the assets and the countries in which it operates, which leads to the development of successful relations with local governments and with other oil and gas companies operating in the region.
keya5000
08/2/2017
10:12
How about a new thread with all the charts etc from a BLUE poster?
cpap man
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
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