Eco (atlantic) Oil & Gas Share Discussion Threads

[ltinvestor] 26/10/2021 08:48

Brightspot over on Lse did state that news would be later this week …a “dry hole “would have been announced by now…

[chessman2] 25/10/2021 19:35

Hmm, the market seems to be telling us that the Sapote news will not be as good as one poster in particular, indicated.

I believe the market is calling this wrong and am continuing to hold!!

[phoebus_av] 25/10/2021 16:42

You spotted that too ItInvestor. I had exactly the same thought when I read Exxon's heads up announcement this afternoon. It would not be without precedent. GLA (except RPG)

[ltinvestor] 25/10/2021 16:35

Exxon third quarter results this Friday.. good time for a positive announcement?

[gooner1886] 25/10/2021 16:19

Pump and dump then! I will wait till funding is sorted if and when they drill guyana. Time to get rid of tullow Gil. There will be money to be made here at some stage

[ratiopetrolguy] 25/10/2021 13:54

If the sapote failed the stock should be 12 price

[rayrac] 25/10/2021 11:06

If fec/cgx have success with Corentyne and Demerara drills, then that should have more relevance for eco, than anything to do with Exxon.

They are currently drilling in the Corentyne block!

Check out the Guyana offshore oil map?

[davwal] 23/10/2021 10:22

We’ll soon find out..

[pro_s2009] 23/10/2021 07:59

Excellent news if true.

Yesterdays fall was just due to the T traders pulling out. They should all be piling back in Monday morning.

Might be complete BS.........but fingers crossed its true !! :) The poster does have history of knowing the inside track.

[ltinvestor] 23/10/2021 07:56

From Lse.. he called it right last time!
BrightSpot
Price: 29.50
Strong Buy
Calling it …. From AcesToday 03:37
Strike. 3 zones. Commercial and probably over 500 M bels recoverable.

News late next week.

[ratiopetrolguy] 22/10/2021 11:36

If the sapote failed it's gonna down 25%

[pro_s2009] 21/10/2021 02:05

Going to get more and more interesting.

Although this might be a pump and dump, there is always the chance they have struck oil. It is Exxon drilling, and this is a different play type, with more chance of success than the other two they drilled recently in this block.

Success here could be very good for ECO, as has been said, there is a chance that Exxon will take a stake in Orinduik ahead of next years drilling of the big Cretaceous targets there.

Anyway, just got to wait and see what Sapote-1 results bring, a big milestone change point for ECO might be coming very soon, which will line them up very well for 2022.

[g2theary] 20/10/2021 23:13

There wasn't a leak last time it dwindled and I remember it being up over 100% ... 140% if I recall ... lovely day :) I'd assume a decent hit her would probably as 50-70% on the day :) I bought recently again for the punt ... hold WTE also :)

[gooner1886] 20/10/2021 18:17

Been a leak here? Somethings going on, i dont hold. I held a couple of years ago. Its on my radar

[davwal] 20/10/2021 14:21

If Exxon was to take a decent stake in Orinduik I admit I might run through our village naked. If only, eh (apart from me naked…)

[con90210] 20/10/2021 14:15

150k share trade at 35p is decent money.

[ltinvestor] 20/10/2021 12:10

Only a matter of time, IMO, before Exxon take a stake in Orinduik..

[chessman2] 20/10/2021 12:04

bocase, Yes I'm sure Sapote will be good news. The only question is how good?

Not too long to wait!

[bocase] 20/10/2021 11:58

Thanks ltinvestor. Sorry i thought you meant Gil had announced something fresh. Q3 has obviously gone so news overdue. I wonder if it is news on the Sapote drill which is causing the flurry of excitement in the share price.

[ltinvestor] 20/10/2021 11:49

Bocase..-
- Orinduik Block offshore Guyana - all seismic data reprocessing completed and multiple light sweet oil drilling prospects are being reviewed by Eco and its licence partners (the "JV Partners"), with high-graded candidates being considered for the 2022 drilling programme. The intention is to provide further definition to the upper and lower Cretaceous interpretation and target selection for drilling. Target selection is expected in Q3 2021.

[rayrac] 20/10/2021 11:17

Well, all seems to hang on one drill in a decent area. Hope for you guys it’s successful, I no longer hold directly, only indirectly.

[bocase] 20/10/2021 11:17

Thanks ltinvestor. Have you a source for that please.

[ltinvestor] 20/10/2021 11:14

Davwal.Details of the Orinduik drill will be announced very shortly according to Gil……