Eco (atlantic) Oil & Gas Share Discussion Threads

[mr hangman] 04/11/2022 08:45

Well Mr Mouse, if you really want to catch a profit, I would hang around for the
3B/4B Drills with a Super major involved

[pro_s2009] 04/11/2022 08:36

Interesting......maybe the recent flurry of activity has been restocking and getting ready for a sidetrack into Pelargonium, meanwhile all the logging data is being analysed and we get an update Monday morning....... who knows.........

Maybe an initial results and commencement of sidetrack notice Monday ?

[smraynot] 04/11/2022 08:31

Would not want to be out for the weekend 🚀🚀🚀🚀8640;

[thenorseman2] 04/11/2022 08:29

Hi Pro. Thank you for getting back to me. I still think they did open hole logging for each section before setting casing as if they woudl have to log through casing there are many instruments they cannot use.httTs://www.sitanpetro.com/info/the-diffferencesof-between-casing-well-logging-33363875.htmlSee also the original well plan by Africa Energy which supports this. On page 14 you van clearly see the logging activity prior to setting casing for each section. httpS://africaenergycorp.com/site/assets/files/92551/2018-11-block-2b-aow.pdf?12zbnwDors not mean Eco would do the same but highly likely imho.

[dicko80] 04/11/2022 08:24

looking good for crack @ 40's again today

40 -40.5 incoming

[pro_s2009] 04/11/2022 08:06

thenorseman2, they have LWD (Logging While Drilling) so there should only be a single wireline run at the end, once they get to TD.

They will load up all the tools they want and do a single wireline run at the end. They may also, if desired and needed, do some fluid sampling or a mini-DST if they have found net pay.

[pro_s2009] 04/11/2022 08:04

L2 moving up...... now 2 v 1

[thenorseman2] 04/11/2022 07:42

They would have been logging each section before setting the casing. Now probably logging the last section (where no casing is to be set anyway) after.The last section is probably secondary targets below Gazania so by now they should know already if there is pay in both Namaqualand and Gazania. No announcement yet could mean anything. Maybe they are still trying to understand better with the new data to decide what to do. They really are running a tight ship.Thats my take on it anyway. Please correct me if I am wrong.

[jamesiebabie] 04/11/2022 07:28

Good and fair post Pro.

[ltinvestor] 04/11/2022 07:20

Is anybody else attending the breakfast meeting on the 29th?

[pro_s2009] 04/11/2022 07:13

Todays price action will be confused........we might see profit taking, we might see day traders in and out, we might see people getting out ahead of the weekend, and some people getting in before the weekend.

So the direction of the share price could be all over the place.

The only definitive would be if we see big volume today and movement. If we get say 8 million plus volume......then it might point to something.

Yesterday was day 25........based on 9th October spud........so yes, they should be close to TD or starting to run wireline logging around now.

Maybe they are commencing wireline, and so the flurry of activity by the support ships now calms down...........who knows.....not me.

[mr morrow] 04/11/2022 07:11

In the event it opens weak, don't assume it's to do with the drilling. This may weigh on the shares and give market an opportunity to shake a few out. Shouldn't worry us short term but does have longer term implications. https://oilnow.gy/featured/breaking-news-guyana-hikes-royalty-to-10-in-major-overhaul-of-psa-fiscal-terms/

[bocase] 04/11/2022 07:05

No RNS today then but I suspect they are well into the wire line logging and today's share price performance may give us a few more clues

[jamesiebabie] 04/11/2022 07:00

Layla remains n port.

[pro_s2009] 04/11/2022 05:17

With regards to market sentiment for oil and gas......

China is now moving very rapidly to a change, where economic matters will rise above Covid Zero.

As this point in time approaches so things will become much more positive on the oil and gas front. Its coming..........soon.

[pro_s2009] 04/11/2022 05:08

Brent nicely up at 96 USD a barrel. Would be a lovely time to announce a major oil disovery, fingers crossed...............


Oil discovery - ECO thread full of happy people - major multiple hundreds of percentage point rise for ECO share price.

Duster - ECO thread invaded by Trolls spouting they knew it was going to be a duster since 1998 - they are just so clever...... LOL

You can feel the Trolls have itchy fingers......prbably signing up multiple new user names ready to pounce and post their bile in the event of a duster........

🤣🤣🤣🤣

[chessman2] 03/11/2022 23:34

ECO is in a remarkable position and I'm exceedingly pleased to hold a few of their golden tickets.

I expect transformational news next week!!

[smraynot] 03/11/2022 20:25

[...] Imminent could be transformational.
28640;🚀€640;🚀㉀0;

[dicko80] 03/11/2022 20:20

somebody mentioned this , here's the link

executive chairman of african energy chamber...AROUND 4 MINS 2 SECS

"eco is very conservative, gazania is a 900m-1.4b boe prospect."

[davwal] 03/11/2022 19:34

Yes, having held since '17 I'm all to familiar with the massive ups and excruciating lows of ECO. Time for an up!

[jamesiebabie] 03/11/2022 18:38

We all hope for the best, but we must also plan for the worst. Fingers crossed it is for the best.

[2 solaris] 03/11/2022 17:37

Up 4.9% in Canada. The trades are all quite small.

Africa Energy up as well.

[firestorm911] 03/11/2022 16:21

Nonceman2 we are shorting big. We have ripped that little maggot many times.