Eco (atlantic) Oil & Gas Share Discussion Threads

[jamesiebabie] 22/11/2022 20:56

Total will have 2 rigs in the Orange Basin looking to drill 10 wells in 23/24 including Venus deep.

Q - Will any of those 10 be on 3B/4B?
A - Time will tell.

Probably not, but wishful thinking.

[smraynot] 22/11/2022 20:32

Took my loss on the chin with the ECO duster, a disappointing 50% hit but reinvested with ENSI and already regained half the loss. Never dwell on the disappointments, just focus on the future.
ENSI scheduled AGM this Thursday could be something special. DYOR we could be on to a multi bagger here. £10 muted.🚀€640;🚀㉀0;🚀

[divmad] 22/11/2022 07:31

Unfortunately, I am, with prd. But I was happily accumulating long before he came along. Still a great story, regardless.

[stockport loser] 22/11/2022 07:11

Most who bought in for the drill got in circa 25-30p. If you sliced a few over 40p then this drill ultimately was no risk, as farm in news will take it to at least 30p. Pity about the curse of Pro, I doubt anyone will dare be in one of his plays again.

[dicko80] 21/11/2022 14:19

yup..

2mins 25seconds...

"next 2 weeks to be finalised" (from Oct 12th) (we are now approaching 4 weeks further on)

[theblackbaron] 21/11/2022 12:53

Muppets on the move mr H adding a few past days will have to wait though

[ltinvestor] 21/11/2022 11:28

Expecting news prior to the meeting…

[squiresquire] 21/11/2022 11:27

He can spin a line, i have just listened to him back before the spud of this last duster, i had not realised that they still need the majors to sign off on the Guyana drill that is still months away..if the partners agree, or when the partners agree.

[davwal] 21/11/2022 10:48

All hangs on the anticipated farm out. Gil has done his usual by bigging up the alleged interest and saying the bidding process was almost concluded weeks ago. Every week of radio silence that goes by will sow doubt.

[bocase] 21/11/2022 08:27

I would expect a slow recovery from here as investors begin to look forward to the other catalysts. That's not a ramp just an honest opinion.

Little is said about it's solar division. It would be interesting to know how that is progressing.

Solear, a majority owned subsidiary of Eco, is an independent renewable energy company focused on grid-scale solar development projects in southern Europe. Initial funding has been provided by Eco in the form of a shareholder loan. Solear’s near term objectives are to create a portfolio of investment grade solar development assets which will attract capital for maturing through to construction and operation. The business is pursuing development assets which have the capability of providing double digit returns with low completion risk and also have the materiality to support a rapid growth of the business.

The company is targeting development capacity of up to 2 GW by the end of 2024.

Solears Website

[upwego] 21/11/2022 08:22

Will pass 20p today as buying will be for the farm in news..

Great buying op from here :)

[davwal] 20/11/2022 16:02

Apparently Peters & Co continued buying large chunks of EOG stock in Canada after the result. Interesting if so...

[bocase] 20/11/2022 12:44

"Eco (Atlantic) Oil & Gas (LON:ECO – Get Rating)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a report issued on Friday, Digital Look reports. They presently have a GBX 125 ($1.47) price target on the stock."

So the obvious question is did Berenberg issue this report before or after the results of the drill. Pretty meaningless otherwise.

Having said that I do expect a recovery at least into the mid twenties in the short term as investors look beyond Gazania.

[pro_s2009] 20/11/2022 12:13

Eco (Atlantic) Oil & Gas (LON:ECO – Get Rating)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a report issued on Friday, Digital Look reports. They presently have a GBX 125 ($1.47) price target on the stock.

[divmad] 20/11/2022 11:39

Mr Hangman, suggest you take a good hard look at Predator Oil then. Prd. Then ask yourself if you have changed your opinion.

[source] 20/11/2022 11:34

Still £60m+ market cap! Oooeeer.

[mr hangman] 20/11/2022 11:30

I still think this is the most exciting junior oil company in the world

[firestorm911] 19/11/2022 19:38

The bearded nonce the Stockport nonce also got quartered.

Regards
F911

[sheepshagger1] 19/11/2022 18:25

what goes around comes around I am delighted that hangman has lost money on ECO.

made my weekend

[david56920] 19/11/2022 18:12

Just great input there by sheepshagger1.