Eco (atlantic) Oil & Gas Share Discussion Threads

[pro_s2009] 03/11/2022 07:11

You will notice LBE had a recent 2 day volume spike on the chart.......and today RNS about gas condensate discovery.

Lets hope the ECO volume spike last week was oil in the Namaqualand target....as the drill heads down just a bit more into Gazania. Maybe last night spike in Canada was Gazania oil as well........ we shall see in due course.

Nothing is certain, might a complete duster.......who knows.......but things are looking and feeling like we might get rewarded for holding ECO shares.........

[pro_s2009] 03/11/2022 06:44

Canada mid price closed up 5% at 40p equivalent last night in a red market........

[pro_s2009] 03/11/2022 00:23

Whether it means anything or not...the 3 days of higher volume last week "suggest" at potential oil being seen and people getting excited.

Normally a week or two after a high volume spike news comes. Chart shows the sudden spike in volume clearly........

Does not mean anything is confirmed, just, imo, the chance of something good has increased a little, thats all....but it could still be a failure....never forget,...

[thelung] 02/11/2022 23:33

Spud was on the 9th according to @RagnarRock5

[pro_s2009] 02/11/2022 23:18

Does look "interesting"....:)

[bocase] 02/11/2022 20:35

Closed up 5.17% in Toronto against a drop in London and a Fed inspired sell off on Wall Street. Interesting.

[jamesiebabie] 02/11/2022 19:28

With Layla coming back and the other supply ship arriving , this would suggest the rig will be there for a bit longer.

This is a positive in my view.

[freezer1976] 02/11/2022 18:38

Canada looking frisky

[dgellissnr] 02/11/2022 18:30

Tsx. 0.40.

[thenorseman2] 02/11/2022 18:01

httpS://www.drillingcontractor.org/case-study-planning-enables-remote-area-drilling-campaign-22980A bit of info from the falklands drilling campaign.Worth noting that the Sealion discovery well was drilled virtually trouble-free to a TD of 2,744 meters in 18 days from spud. Also they did carry out a VSP survey. Did we notice any strange movement of the PSVs yet? ?? As I understand the PSV would swipe back and forth with a seismic sound source (air gun) for geophone inside the wellbore to pick up the sound waves. This will allow very high resolution images to better determine where exactly to drill the sidetrack.https://glossary.slb.com/Terms/v/vertical_seismic_profile.aspx

[jamesiebabie] 02/11/2022 17:50

Layla is on its way back to the port.

[ltinvestor] 02/11/2022 14:23

Success at Gazania will indicate a resource in excess of I bn barrels on the block.Gil, who normally responds to my emails within minutes has been very silent for the last 14 days.I have just placed an order for a further 50,000 shares.Gla

[dicko80] 02/11/2022 13:32

yes low volume, mm's creating a market, buyers back in

[bocase] 02/11/2022 13:29

I would not be too concerned about the selling. Risk protocols are so strict with the institutions it could well just be a holding being reduced to manage risk. I wouldn't read much into it.

Looking at the 4 hour chart, we are still nicely in an uptrend and could fall to below 32p before breaching that. Having said that it would be nice to see a bounce.

[ifthecapfits] 02/11/2022 12:34

well that's disappointing. Flurry of selling.

[dicko80] 02/11/2022 08:08

Anyone know the difference/roles between the 2 supply vessels ?

[dicko80] 01/11/2022 20:04

Definitely Guinness

[thenorseman2] 01/11/2022 19:10

httpS://africaenergycorp.com/site/assets/files/92551/2018-11-block-2b-aow.pdf?12zbnwPage 14 shows the original Africa Energy drill plan

[ltinvestor] 01/11/2022 17:00

Prosecco at the moment!!

[bocase] 01/11/2022 16:55

Champagne???

[jamesiebabie] 01/11/2022 16:26

The UMKHUSELI has only been in port for a few hours and now it has set off gain. It is all systems go with these supply ships now.