Eco (atlantic) Oil & Gas Share Discussion Threads

[sos100] 28/10/2022 16:10

think some stocks are not suitable for everyone...

[ridingthewaves1] 28/10/2022 16:05

Duster equals 50/60% fall remember

[sos100] 28/10/2022 15:51

keeping fingers x

buy volume has been increasing all week

[dicko80] 28/10/2022 15:44

Ticking up nicely

[dicko80] 28/10/2022 15:39

Thanks Jamie, yes that's the conclusion looking at the other board

[chopsy] 28/10/2022 13:57

What does the picture show, James?

[ltinvestor] 28/10/2022 12:36

2 Solaris.This is a rollercoaster stock for me..a few years ago on the Jethro and Joe discoveries I was up £400k!A few weeks later I was down £250k on the “ heavy” oil news.Believing that when the Upper Cretaceous is drilled at Orinduik then Eco will have a major light oil discovery encouraged me to go back in and buy stock at around 13/14p reducing my average to 40p.Today I am down around £40k but hopeful of making gains over the next 18 months or so……Even a duster at Gazania will not deter me and if the shares fall to 15-20p I will buy more.Keith Hill is no fool…

[dicko80] 28/10/2022 12:33

dusters I've been involved with were drilled very quickly, way ahead of schedule.

doesnt take long to assess nothing

[dicko80] 28/10/2022 12:21

Hi 2solaris

i am no expert, my only knowledge is that its either to burn off unwanted gas or when they are testing, pressure and flow

[pro_s2009] 28/10/2022 11:48

Lots of page views on this thread.........

There must be an amazing amount of people watching ECO..........

Most too scared to post in case its a duster.......

What I can assure you all though is......if this is a duster, there will be lots of sarcastic posts from the children out there, but if its a gusher they will all suddently claim to be holding ECO and have been for ages.......

LOL......the fun of ADVFN and the trolls that live on here :)

[pro_s2009] 28/10/2022 11:43

That 50K buy has just put L2 up

Now 1v1 35.5 36.5

[pro_s2009] 28/10/2022 11:42

On line can buy 100K at 36.45p (0.45p above the offer)

Can sell 100K at 35.56 (0.56p above the bid).


So MM's are showing a weak hand with the advertised bid/offer - its stronger though in reality which likely means they are still filling a buy order they have.

[dicko80] 28/10/2022 11:21

yup soon be moving though

[pro_s2009] 28/10/2022 11:13

We have a buyer and seller around this level it seems. To be expected with some people selling down their holdings to derisk "just in case" there is bad news ahead.

The flip side is of course, on good news they will be wanting to use that cash to buy back into the massive rise on success......sellers now is more buyers later.

Fingers crossed for good news in the next week or two.......

[pnetol] 28/10/2022 11:10

Thanks for posting the details, very helpful

[pro_s2009] 28/10/2022 11:02

They only got 203,698 shares of their order, as per the UT trade.

[pro_s2009] 28/10/2022 10:59

Decent size chunky buyer in the auction.....

[pro_s2009] 28/10/2022 10:23

Personally I dont think they are at TD yet......but who knows......

[dicko80] 28/10/2022 09:40

Thanks for this - I've looked at the satellite image on EOS and applied some filters. This image is from the 20th, and I've set the filter to false colour, where yellow and red can be interpreted as heat sources. It is possible that the yellow signature at the bottom of the rig is a flare, which can also be seen applying other filters (atmospheric penetration, short wave infrared, atmospheric removal). I'm not a satellite image expert, but this has proven to be the case on other drills I've observed.

hxxps://eos.com/landviewer/?lat=-30.66699&lng=17.18081&z=16&id=S2B_tile_20221020_33JXG_0&b=SWIR2,SWIR1,Red&anti

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