Eco (atlantic) Oil & Gas Share Discussion Threads

[the monkster] 19/1/2021 12:04

dead money for at least another year here I'm afraid. who would buy now with all the other opportunities out there ?

[manicat] 19/1/2021 11:46

its called exploration Sbb1x it happens what we need is tullow to farm out 40% to a major that will get on with the job and explore the orinduik block with a few wells

[sbb1x] 18/1/2021 17:53

ExxonMobil hits another dry hole offshore #Guyana #oott https://t.co/rTQxhHCkWu

[sbb1x] 18/1/2021 17:53

ExxonMobil hits another dry hole offshore #Guyana #oott https://t.co/rTQxhHCkWu

[sbb1x] 18/1/2021 17:52

ExxonMobil hits another dry hole offshore #Guyana #oott https://t.co/rTQxhHCkWu

[ifthecapfits] 14/1/2021 08:48

hxxps://www.energy-pedia.com/news/suriname/total--new-operator-of-block-58-offshore-suriname--announces-a-fourth-discovery-181639

We need someone (Total?) to take over operatorship. TLW's pockets just aren't deep enough. It's almost inconceivable that we don't have the sweet stuff on our block, just need to find it - OBVs.

[value viper] 13/1/2021 16:11

Classic MM's shaking out short term punters I think - if news lands, think you may want to be in these.NRI - just a hunch

[ltinvestor] 13/1/2021 09:18

2.69 Bn barrels p50 within the Walvis blocks mostly owned by Eco

[jimarilo] 13/1/2021 07:56

Recon are drilling onshore

[ricky307] 13/1/2021 07:54

Winston66,many thanks for your reply.Have now added to my position,an exciting year to come.

[ltinvestor] 12/1/2021 19:30

Eco recently extended its licences to cover 28,500 sq km in the region second only to Exxon....add in the Guyana stake and pt of 145p from Berenberg and 100p from Peel Hunt to see why excitement may mount over the coming months

[winston66] 12/1/2021 17:58

As Blofeld said to Bond in Diamonds Are Forever, "right idea Mr Bond, wrong cat."

JANUARY 10, 2021

Drilling Operations Commence on First Well (6-2)
ReconAfrica has commenced drilling operations on the first well (6-2), of an initial three well program, in the deep Kavango Basin in the Kalahari Desert of North East Namibia.

[ricky307] 12/1/2021 14:31

pro s2009,is the movement likely to be because two days ago Reco reported it had commenced drilling the 1st of 3 wells this quarter,& that TD will conclude in 45 days time?Presumably if successful this would spark huge interest in Eco's acreage etc?Or could there be some other reason(s)? Maybe wise to closely follow Reco's share price up to the TD's

[pro_s2009] 12/1/2021 12:07

Looking more lively now :)

[ifthecapfits] 12/1/2021 09:38

hxxps://oilprice.com/Energy/Crude-Oil/Exxons-Mega-Oil-Finds-In-Guyana-Are-Just-The-Beginning.html

[heialex1] 11/1/2021 09:20

I'd say this has a pretty good risk reward profile at the moment in that not much upside is priced in. IMO, it's worth picking some up because you'd expect some buyer when eventually they approach their next drill in Guyana, whenever that might be. Any good news from that drill and it's 100p again.

[ih_550969] 08/1/2021 15:02

It took London all day for the volumen of 1 Millon, Canada took 30 minutes

[value viper] 08/1/2021 14:54

Someone just dumped £40k worth At least market took them !

[ltinvestor] 08/1/2021 13:40

Thanks Chessman.Gil said that patience will be rewarded....

[chessman2] 08/1/2021 13:30

Glad to read that It. I was in a similar position with HUR and am still way down here with ECO.

FWIW I also am confident and optimistic that we will see a strong increase here.

[2000tober] 08/1/2021 13:20

Well you know the script from first time around, and know the potential on the run up to a drill

[ltinvestor] 08/1/2021 13:12

I was £400k up then down £250k so bought more at 12p and averaged down to 37p.Drilling news should see it back to 80p and a positive result much higher 🤞

[ifthecapfits] 08/1/2021 13:02

Thought I had a lot holding 65k - lol

[ifthecapfits] 08/1/2021 12:32

Breaking out ...