Eco (atlantic) Oil & Gas Share Discussion Threads

[ltinvestor] 07/11/2022 15:40

Yes, I have every intention of attending and will post my thoughts.

[bocase] 07/11/2022 15:22

Not me I am afraid. Based in rural Suffolk it is a bit of a trek to London especially for a breakfast meeting.

You are?

[ltinvestor] 07/11/2022 15:08

Are you attending the meeting?

[bocase] 07/11/2022 14:50

LT. I hope they are right. Even at 35% and three more catalysts the odds make sense. Potentially a rise to in excess of 100p with success and maybe back to 25-30p until the next catalyst if it's a duster. Look back at the chart a few years and you will see the rise from 70p to 170p before it fell back on the 'wrong type of oil'

Good luck all.

[ltinvestor] 07/11/2022 14:37

Bocase.I remember reading that the partners consider the COS to be much higher than that shown in the CPR which I believe was around 35%….

[pro_s2009] 07/11/2022 14:37

Opens in Canada at 41p (0.64 CAD)

[bocase] 07/11/2022 14:29

I'll happily take a 41p close and 100p by Xmas. I have 256K shares at an average of 29p so really have my neck on the block but with four potential catalysts I see risk skewed to the upside.

[2 solaris] 07/11/2022 14:17

And back up into the 40s!

[pro_s2009] 07/11/2022 14:09

No.....dont think so.......

All thats happened today seems to be a few people shorting in the morning hoping to cause a collapse, it failed, so they are closing their shorts again........

Quite boring really, but we are now in the Twilight Zone........just waiting news.

[dicko80] 07/11/2022 14:02

50p by close

[2 solaris] 07/11/2022 13:24

This could end up blue if people realise no RNS this morning was good news. The flight could be to catch a heli flight to the rig. It may be for some other reason but it could be to discuss how to best drill the sidetrack. This is not a ramp but a duster would surely have been announced by now as they would not want to pay any more for the rig than was strictly necessary.

[smraynot] 07/11/2022 13:14

Leaky leaky news on its way!🚀㉀0;🚀🚀🚀

[bocase] 07/11/2022 12:50

The offer has just been raised to 40p giving a 2p spread which is too wide. Hopefully the bid will follow
.... and one minute later the bid raised to 39.5p to reduce the spread to 1/2p

That's better!

[2 solaris] 07/11/2022 12:21

Interesting activity spotted by Soder on the other board.

[pro_s2009] 07/11/2022 11:15

MM's will wobble the price......sharply down on selling, sharply up on buying.......everyone is waiting for the big news........

[2 solaris] 07/11/2022 10:53

Not many trades, this seems to move on almost nothing.

[pro_s2009] 07/11/2022 10:49

Oil back to 98$.....would be good to see it though 100$........with US SPR releases now ending and oil supply destruction ongoing........oil will make its charge through 100$ before too long.....it might have been delayed, but it will still get there.

[pro_s2009] 07/11/2022 10:22

Got to be expected to wobble around now waiting for news........nervous selling and those wanting the massive upside exposure on good news buying in.

All very normal.

[jamesiebabie] 07/11/2022 09:45

Nervous nellies around.

An interesting few days we will have.

[theblackbaron] 07/11/2022 09:44

Pro done a runner to igas and sold his position in eco as expected what is slightly peed me off is the little muppet copying my trades on advfn back to stealth mode on other trades methinks.

Igas is a recovery play on convention onshore oil with $60 million rev update coming this feb post being smashed on fracking tiny portfolio.

Still hedged on my eco position. But I certainly derisked on Friday

[stockport loser] 07/11/2022 08:39

Pro was hitting the bid early doors as his and Gimp80's weekend ramp failed.

[dicko80] 07/11/2022 08:39

was this our first little shake ?

i think some were expecting RNS this morning

[thenorseman2] 07/11/2022 08:38

Anyway there will be an RNS before plugging ops starts....they always RNS the well outcome/resultsto avoid any lesks....and say the well will now be plugged and abandoned. So no news means they are still logging im my view!