Eco (atlantic) Oil & Gas Share Discussion Threads

[ifthecapfits] 02/2/2021 11:39

Great read. Just a shame we are reliant on Tullow. Now if Tullow were to hand over operatorship, perhaps for a free carry.....to someone who can get things done, perhaps Total, then both ECO and TLW just might take off in a material way. IMV.

[leoneobull] 02/2/2021 05:17

Yahoo....https://oilprice.com/Energy/Energy-General/The-Guyana-Suriname-Basin-Could-Be-The-Last-Big-Oil-Boom.html

[value viper] 28/1/2021 08:39

Some clearly selling rightly or wrongly - overall market conditions probably shaking out any flaky holders. Management will be disappointed no doubt with what the price has done. On reflection I can see both arguments here : interesting / potentially very promising move into solar. But it highlights probably the point that there will be no near term news re. Oil.

[banksy] 27/1/2021 11:21

Has the Tullow trading statement caused this sell off ie no direction on Guyana drilling

[g2theary] 27/1/2021 09:03

Good move selling yesterday :) I'll buy back at 18p :))) I like ECO

[ltinvestor] 26/1/2021 10:24

Read the announcement!Eco remains fully funded for the exploration wells in Guyana etc

[funtimejonny] 26/1/2021 10:14

So the money raised for exploration is going to be spent elsewhere. Cash raise on the way pre drill imo. Don't like it.

[ifthecapfits] 26/1/2021 09:07

Perhaps there is a clue in the name. Maybe they have held ECO credentials for some time? On reflection this seems a positive new dimension.

[value viper] 26/1/2021 08:38

Yes - brings a new dimension into the fold - a positive strategic call which the market did not see coming.And all still to play for with the oil.Sitting still.

[davwal] 26/1/2021 08:29

An interesting development following a trend in o & g to similarly diversify. Could be a really good move if they get it right. Eco management is quite sharp so I'm thinking positive.

[value viper] 26/1/2021 08:15

GBP up 20% on offshore Namibia resource upgrade

[g2theary] 26/1/2021 07:53

Q2 drills more like Q1 2022 being realistic ... will this be a money put for a cash call excuse :(

[tomboyb] 26/1/2021 07:52

Certainly a good move -

Pretty sure market will like it as well -

[ltinvestor] 26/1/2021 07:51

It’s an excellent move as the future is renewables...Guyana will produce huge cash flow which will be directed into green energy..no downside as far as I am concerned

[rayrac] 26/1/2021 07:47

Looks like a good move to me, move into renewables must be the future. Eventually anyway, it’s certainly been and is, earning me at least 10% year on my house for the last 10+ years.

[2prsimo] 26/1/2021 07:37

Don't like it - smacks of bandwagon jumping - let's see what the market makes of it

[molatovkid] 26/1/2021 07:29

well well...just goes to show, you never know what can happen next in the markets.

Renewables are the future, so this is a great move.

[the monkster] 23/1/2021 11:37

Up one must be news due !!

LOL

[davwal] 23/1/2021 10:05

There certainly seems to be some larger blocks changing hands. It appears someone is stocking up before things warm up. A good strategy if you’ve got the means to build and wait.

[ltinvestor] 23/1/2021 09:04

280,000 trade at 26.5p

[pro_s2009] 23/1/2021 02:49

Perking up at ECO.

[ltinvestor] 22/1/2021 17:50

That was a buy at 26.5p