Eco (atlantic) Oil & Gas Share Discussion Threads

[firestorm911] 15/11/2022 22:05

F911 famous black Friday deal is coming. -90% cut is coming.

All pro nonces are about to get castrated with a machete, Londonistan style. Amen

Regards
F911

[ltinvestor] 15/11/2022 21:32

Wouldn’t be surprised to see a 7am update tomorrow.

[pro_s2009] 15/11/2022 21:17

Closed at 41p in Canada

[pro_s2009] 15/11/2022 21:16

The selling to 23rd October ties in with rig issues.... The rise after and spikes ties in with hydrocarbons on LWD...

[pro_s2009] 15/11/2022 21:13

OK... Let's pretend respud 25th October and there was indeed heavy selling up to 23rd October....

This also ties in with the tooling photos being sent to the rig.

25 days is 19th November....next week....??

[dicko80] 15/11/2022 21:06

25th or 26th Oct

[equidice] 15/11/2022 20:56

I can't believe this information is coming out this way.

Total amateur hour, and only follows on the total mis-handling of the Guyana debacle.

Really sleezy that while not acting as the operator you divulge information that may have a material impact on the stock.

If not done on purpose, total incompetence.

Has he not heard of chain of command on this one?

[pro_s2009] 15/11/2022 20:53

Looks like heading for a 40p/41p close in Canada

[pooler1] 15/11/2022 20:50

Oil will probably go up after Poland being hit with Russian missiles.

[pro_s2009] 15/11/2022 20:49

His comments will not have any effect on the share price when news comes out...

He simply panicked a few people talking about delay....

If, and its only an if, the well was respud around 20th October then news next week, and that ties in with him saying likely next week.

[pooler1] 15/11/2022 20:46

Either way should have all been clarified with an RNS. Poor management!

[bocase] 15/11/2022 20:44

.....and maybe Keith Hill's comments today were designed to keep the share price in check so he didn't have to overpay ...or is that too cynical

[pro_s2009] 15/11/2022 20:42

Looking ar the share price action in the charts.... Could well have been drilling delays early October, with drilling not starting properly until 20th??

What date was the rig 35 meter move?

Respudded at that time? Say around 18th October??

Would explain the falling price into 20th October then followed by the rises after.

[pro_s2009] 15/11/2022 20:27

The obvious corporate transaction he is referring too after Gazania 2B result would, in the success case of Gazania , be AOI making an all paper offer for ECO imo.

This allows AOI to get a major oil development project and the other assets.... Something AOI shareholders could swallow and allow ECO shareholders to get a good price for the shares quickly.

I thought his comment about post 2B corporate events very positive.

AOI currently buying back shares..... And soon to issue new in an ECO all paper takeover in 23 ????

[gooner1886] 15/11/2022 20:26

Gil should be releasing an rns

[pro_s2009] 15/11/2022 20:16

It's only hot money panic at the mention of delay by Keith Hill .... Facts are the share price has risen and spiked at the right times.... And today is only with Keith Hill speaking of slight delays sparking a bit of selling which snowballed.

Africa Oil AOI share price unchanged......

[g2theary] 15/11/2022 20:08

Unless we get a mega bounce and it's just cheeky trading :);)

[g2theary] 15/11/2022 20:06

Looking like whispers through the market and not good ones :-/ ah we'll win some you lose some :)

[cashandcard] 15/11/2022 20:02

I think everyone here can expect an announcement soon, atleast to update what's going on in the interim. Just remember guys, its only money - other things in life are more important.



Cash

[pro_s2009] 15/11/2022 19:53

Stop losses being taken out in Canada.

Africa Oil share price not moving.... ECO down 20%.......Keith Hill has caused panic of the hot money in ECO.

[thenorseman2] 15/11/2022 18:55

Eco Atlantic RNS: Commencement of Operations on the Gazania-1 well, offshore South AfricaAfrica Oil: Eco, the operator of Block 2B, offshore South Africa, announced the start of DRILLING operations on the Gazania prospect on October 4, 2022.So assuming spud the 4th of October and counting the planned 25 days plus extra 20days Keith Hill said we get to 45 days. Today is day 42. So when he said maybe news not this week it makes sense.If side track is included in the 20days who knows but probably not.But news soon

[stockport loser] 15/11/2022 18:23

Did they have a delay? I remember the drill but wasn't in.