Eco (atlantic) Oil & Gas Share Discussion Threads

[fireplace22] 13/5/2022 14:49

Not been around here much for the last couple of years although still in to a small degree, but why hasn't the thick tarry stuff we discovered off Guyana still not found a market under the present circumstances? From memory it was mobile although sulphurous.

[theblackbaron] 13/5/2022 14:30

Any trannies about yet ?

[sirmark] 13/5/2022 11:58

Now 2 v 1 another tick up coming

[sirmark] 13/5/2022 11:17

Level 2 now 4 v 1

[sirmark] 13/5/2022 11:06

bought some earlier not showing yet 175,000 & 25,000

[pro_s2009] 12/5/2022 06:41

Canada closing price 0.54 CAD = 34p

[pro_s2009] 12/5/2022 04:36

So they have 20m warrants at double the current share price, and another 20 million warrants are triple the current share price.

I think if the South African well strikes, the share price will be over triple what it currently is.....especially as we go into Guyana Cretaceous drilling in 2023.


............ Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX -- V: EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announced, further to its announcement of 28 March 2022 regarding the acquisition by of Azinam Group Limited ("Azinam") , that it has now received clearance from the TSX Venture Exchange in respect of the Personal Information Forms of the directors of Azinam Group Holdings Limited ("Azinam Group Holdings"), the vendor of Azinam. Accordingly, the Company will now issue the remaining 17,874,174 common shares in the capital of Eco ("Common Shares") to Azinam Group Holdings (the "Second Tranche").

Further to the Company's announcement of 8 February 2022, in addition to the Second Tranche, Azinam Group Holdings have now also been issued 40,000,000 warrants over Common Shares, exercisable only in the case of a producible commercial discovery on Block 2B or Block 3B/4B, as follows: 20,000,000 warrants exercisable at a price of CAD$1.00 per Common Shares for a period of two years , and 20,000,000 warrants exercisable at a price of CAD$1.50 per Common Share for a period of three years (such exercise periods to be extended in the event a well is not drilled on Block 2B or Block 3B/4B until such time as a well is drilled on either block and a producible commercial discovery declared). ...........

[smackeraim] 11/5/2022 15:44

TSXV Approval for final Closing of the Azinam Acquisition

[smackeraim] 10/5/2022 10:59

Bit of a shake in oil prices. Maybe that gave someone the jitters. Patience needed but I'm in for the drill

[ifthecapfits] 10/5/2022 09:41

Repeat of yesterday. Apparent strong buying, but down.

[smackeraim] 09/5/2022 20:18

Big print after hours. Hopefully that clears whatever was going on.

[smackeraim] 09/5/2022 15:06

Probably a big sell being chomped through .. I added a few earlier

[ifthecapfits] 09/5/2022 14:26

Odd trading today. Seems to be most buys but down we go. A seller around? Might have to top up.

[smackeraim] 09/5/2022 11:41

Good price today. Just sayin

[ifthecapfits] 06/5/2022 10:29

So all things being equal, we can expect to move up to Canada share price at some point?

[pro_s2009] 06/5/2022 10:09

Placing stock churning in London

[ifthecapfits] 06/5/2022 10:09

I just don't get the share price disconnect between London & Canada. Why?

[pro_s2009] 05/5/2022 02:01

Closed at 38p equivalent in Canada (0.61 CAD) and on higher volume than in London.

[extrader] 01/5/2022 10:09

From the ECO board, hat-tip to davwal

A strong signal regarding oil from the master investor, which won’t do the wider industry any harm

Mail Online:
“The business magnate also allocated $7 billion toward shares of Occidental Petroleum in the first half of March, grabbing 14 percent of the oil producer's total shares.
He also revealed that he boosted Berkshire's stake in oil giant Chevron to $26 billion, up from $4.5 billion at the beginning of the year, making it one of the conglomerate's largest four investments.”

Up to now, Buffett has tended to be more a 'supplier of picks and shovels' than a 'gold-miner' : his big outright investment BSNF Rail (bought for $ 34 Bn in 2009) is a major transporter of coal and oil across the US.

Putting $ 28.5 Bn [7 + (26-4.5)] into producers recently is quite a shift. US News puts Berkshire Hathaways' total current investment in oil producers at $ 40 billion, ie a trebling of exposure to the sector.

'May the trend be our friend'.

[mr hangman] 27/4/2022 16:46

Yes expect lots of activity in the next 18 months

[theblackbaron] 27/4/2022 10:14

Yes I hear recent well Venus over 13 billion rec we will see all helps eco acreage