Eco (atlantic) Oil & Gas Share Discussion Threads

[jimarilo] 20/9/2018 09:48

davwal I said before they may work in tandem, you need to research the shareholdings in both companies for that answer, like I did, things to do sorry

[phoenixs] 20/9/2018 09:25

maccamcd. Namibia is little or no value in my head. So if results not good does not affect my investment thinking. On the other hand if Namibia results are good then what with the sp?

[davwal] 20/9/2018 09:05

Jimarilo, apologies if I missed an earlier post, but why are you convinced AEC are a likely partner rather than a competitor for Namibian assets?

[jimarilo] 20/9/2018 08:13

Agreed, davwal the main course is yet to be announced along with AEC

Monday ??

[maccamcd] 20/9/2018 08:10

surely we all value NAMIBIA at zero in our heads?
the shares have never moved up because of Namibia.. only coz Guyana buying.
So if NAM is a dud..stock down a bit, then hoover for 2019 Guyana
My thinking

[rogerbridge] 20/9/2018 08:09

Interesting article herself looking good for ECO.Good news also with today's rns.

[davwal] 20/9/2018 08:06

No, that’ll be the aparetif

[soulsauce] 20/9/2018 08:05

I would doubt it Divmad

[divmad] 20/9/2018 08:03

Surely that's not the extent of Gil's acquisition mode.

[superg1] 20/9/2018 07:41

For those interested.

More late reports, again which look like the transfer of shares from one to another.

Around 1.6 mill reported (3.2 mill total)

That brings the total number of that those type of trades to 10.7 mill shares.

Trent and Ultilico shares amount to just over 12.5 mill shares, so if its those two handing them over and only them it should stop around the 12.5 mill mark.

[soulsauce] 20/9/2018 07:40

If the Chariot well comes in that issue of 300k shares will look very shrewd.

[maccamcd] 20/9/2018 07:31

Cleaning up the company structure so we are clean and tidy for the BID in 2019???

Acquisition of outstanding minority interest in PAO Namibia, holder of Tamar Block
 
Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), the independent oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, is pleased to announce that, through its wholly owned subsidiary Pan Africa Oil Namibia Holdings (Pty) Ltd. ("PAON Holdings"), it has acquired the remaining 10% of the shares of Pan Africa Oil Namibia Ltd ("PAO Namibia")from Amis Oil and Gas Ltd ("Amis") (the "Acquisition"). Following completion of the Acquisition, PAO Namibia will be a wholly owned subsidiary of the Company.

[bobsworth] 20/9/2018 07:24

RNS ! Acquisition .

[rayrac] 19/9/2018 23:21

And that’s how the cookie crumbles! And Exxon won’t give a shyte.

[divmad] 19/9/2018 21:00

"The project is estimated to rake in more than 7 billion dollars for the South American country over its lifetime"

...which no doubt will be frittered away to the coffers of the best-connected in that small country, with the majority, very poor families hardly benefitting except in a massive disruption to their simple but secure lifestyles.

[rogerbridge] 19/9/2018 11:40

Mine was HL, first twice could not get an offer unless placed a limit, no problems third time.

[divmad] 19/9/2018 11:37

I picked up 10k no problem, yesterday

[rogerbridge] 19/9/2018 08:54

I had to abandon two efforts to buy, but successful on third attempt.

[superg1] 19/9/2018 08:33

I tried yesterday Roger at it was tough going. They wouldn't even hand over 5k shares in the spread that was on level 2 at the time. Hence I posted that shares were tight.

[rogerbridge] 19/9/2018 08:10

Just bought a few more.

[superg1] 19/9/2018 07:38

I have most as transfer of shares form one to another. 9 mill plus of those so far as in posts.

There are also a number of single largish trades of the last 2 weeks or so which I have recorded, some which may be supply and some sells. As the share price has gone up then most it seems will be buys.

The lack of a Tr1 or two with 9 mill of those lates report (18 mill shown suspected to be double prints) makes me curious.

Is there some rule when accumulating that allows it, perhaps some different routes used so each route doesn't cause Tr1 breaches.

Some have been checking and it's going through a system which keeps them anonymous.

[rogerbridge] 18/9/2018 22:29

Several £100k + trades, I see what you mean SG no doubt there are those that I can’t see.

[rogerbridge] 18/9/2018 22:18

I wonder who is picking them up?

[superg1] 18/9/2018 21:02

Still some odd stuff going on re late reports Roger.