Eco (atlantic) Oil & Gas Share Discussion Threads

[bigberty99] 05/8/2021 14:53

Pump and dump at its finest

[knowing] 05/8/2021 13:40

I don't know, seems to be potential

[dcarn] 05/8/2021 13:26

Of course, i forgot about that.

[luderitz] 05/8/2021 13:11

With all due respect someone better change the header then to reflect that if its true!

[captain james t kirk] 05/8/2021 11:33

Phoebus
I make that around 1.3 billion boe, have you a link for those figures please.

[ltinvestor] 05/8/2021 10:53

With all due respect it is all about Guyana NOT Namibia!

[davwal] 05/8/2021 10:39

Lordy, if Sapote-1 was successful what a fantastic bonus that would be for ECO’s long-term holders. Time we had some better luck.

[luderitz] 05/8/2021 10:39

With all respect the Namibian coast has had numerous things said about what’s under the sea without much evidence of much being actually found.

[phoebus_av] 05/8/2021 10:26

Drilling in 7/8 months? Err, no. Orinduik may still be a little way off, but ECO's Sapote-1 drill on the Canje Block should be spudding some time in the next 2-3 weeks. Assuming the drill is a success and we exercise the option to go to 10% of JHI, this drill is 22.75 MMBOE net to ECO. To put it into perspective Joe was 22.5 MMBOE net to ECO and Jethro was 37.5 MMBOE, so this is a very significant drill for ECO. About time this started to rerate.

[hawkind] 05/8/2021 10:07

Over next 18 months, if all goes well, this could exceed 250. Huge upside, no debt, great prospects, oil price back up. Oil price may also make Jethro now commercially viable

[molatovkid] 05/8/2021 10:06

Looking perky....what are you scamps upto??

[pro_s2009] 05/8/2021 10:05

Starting to warm up now.

[dcarn] 05/8/2021 10:00

End of week tip somewhere perhaps.

We should be drilling in 7/8 months so there's likely to be some plans announced soon.

[pro_s2009] 05/8/2021 09:57

Warming up.

[the monkster] 05/8/2021 09:47

I've been saying that since November '19 !!

[mr hangman] 05/8/2021 09:30

Something is up

[mick_oi] 29/7/2021 21:39

hxxps://investor.apacorp.com/news-releases/news-release-details/apa-corporation-announces-appraisal-drilling-success-offshore

This block borders Guyana, directly south-east of the successful Exxon operated Stabroek Block:

"Sapakara South-1, an appraisal well located on the eastern edge of the Sapakara area, encountered approximately 30 meters (98 feet) of net black oil pay in a single zone of high-quality Campano-Maastrichtian reservoir. This result marks another important step toward a commercial oil development in the southeast portion of Block 58. The Maersk Valiant will soon mobilize to the next exploration prospect at Bonboni, approximately 45 kilometers to the north, before returning later in the year to flow test Sapakara South-1."

Map in this one hxxps://oilnow.gy/featured/maka-sapakara-could-be-developed-with-150000-b-d-fpso/

[davwal] 28/7/2021 17:33

Good to see as a reminder of the resource quality of the area.

[davwal] 14/7/2021 14:11

Fudge words.

[mick_oi] 14/7/2021 09:04

Tullow update today 'Exploration - In the emerging and maturing basins of Guyana, Suriname, Argentina and Côte d'Ivoire, prospect maturation continues across the exploration portfolio to unlock value from the substantial prospective resources identified.'

[phoebus_av] 13/7/2021 12:58

Can anyone get a buy or sell quote?

[dgellissnr] 13/7/2021 12:03

What’s going on🤔