Eco (atlantic) Oil & Gas Share Discussion Threads

[ltinvestor] 13/9/2018 14:30

450 mboe at $5-8 =?Once the maths are realised then the mkt cap will surely increase to a more realistic level.

[acuere] 13/9/2018 13:55

Wow, he really is super confident if he’s happy to already talk of Latuk as effectively being an appraisal well. I think Latuk had 629mboe in the CPR. So that’s about 94mboe for Eco. At just $5 that’s $470m to Eco and out market cap is £83m.

I’m guessing a lot of people at his presentation yesterday had their Buy orders in first thing.

[rayrac] 13/9/2018 13:36

Thanks penfold6!

[penfold6] 13/9/2018 13:16

ceo interview on proactive

"we might consider the first well thats going to be drilled on the latuk prospect, as an appraisal well"!

[rayrac] 13/9/2018 13:06

Thar she blows.:)

[rayrac] 13/9/2018 11:34

Paid 52.65... pleased with that, but not my 25k. More.

Still not there! Off out, but I’ll give the nod if and when. :)

[rayrac] 13/9/2018 11:18

Well, they haven’t posted my buy yet. Either they are in short supply, or they can’t get a decent price!

And that 25 isn’t mine.

On reflection, I don’t think Tullow would sell their stake for £30m...like for like with ECO’s £12.5m. A spit in the wind with their debt!

[rayrac] 13/9/2018 11:13

Yes, Tullow will find it a big cough up.

[bobsworth] 13/9/2018 11:09

I wonder how this will play out! Debt ridden Tullow the operator may sell their stake to Exxon or Total. If Exxon then great as they have it sussed! If that happens then expect 1st oil drill to be brought forward.

[rayrac] 13/9/2018 11:07

I have now, more than doubled.

Hmm, a bit slow filling the order, so heck knows what I’ll pay, quoted 53p but no guarantee!

[rayrac] 13/9/2018 10:56

What a gem indeed..wish I had more!

[bobsworth] 13/9/2018 08:59

No debt either !

[bobsworth] 13/9/2018 08:58

What a gem!

[bobsworth] 13/9/2018 08:57

Eco cash rich ! No need for share equity release and share dilution. Enough to finance first two wells and more CPR work !

[squire007] 13/9/2018 08:40

Wait for the yanks to buy this afternoon, holding tight here .... ;=)

[rogerbridge] 13/9/2018 08:00

SP should fly today, well undervalued.

[rayrac] 13/9/2018 07:57

Thanks superg1! Just seen your post...nice place to be!

[superg1] 13/9/2018 07:42

Talk about keen.

Gil did say they had already seen plenty of data and he was confident they would sign up.

So no BS Gil confirmed. Just the way he is and talks he seems genuine, he just says it as it is.

[soulsauce] 13/9/2018 07:36

😊😊😊

[d1nga] 13/9/2018 07:36

well done guys , I dithered yesterday and missed out.

researchanalyst , re your question check out i3e

[bobsworth] 13/9/2018 07:26

RNS ! It's official! Total oil 25% confirmed

[superg1] 12/9/2018 22:07

Divmad

I scan the AIM news daily. I dropped on ECO and saw the Exxon wells.

Two quick checks as the share price seemed away from where it should be. First check was to clarify how near they were and second check was whether the herd were all over it. 400 posts on the BB suggested not👍

I thought Total would dive in under the circs and thought they would act quickly post data received.

I assume they have jumped in before Exxon or another made a better offer (if that could have been done)

Very surprised that has happened so quickly snd explains why Cantor were loaded with bids this afternoon.

[penfold6] 12/9/2018 22:01

imo - tullow will farmout a percentage to exxon to reduce their large debt. eco's 15% will be fought over by exxon and total.

exxon have the key to the puzzle, with all the data from their discoveries that the cpr couldn't take into account.