Eco (atlantic) Oil & Gas Share Discussion Threads

[davwal] 24/11/2022 12:17

Well yes, due to KH twice recently making public comments regarding AO wanting to end the current arrangement via sell or buy options, it would seem a no brainer to take ECO based on the current cheap price. Could come any time in my opinion.

[thenorseman2] 24/11/2022 12:08

Itinvestor agree. Africa Oil market cap is about 10 times Eco's at the moment. They should have strength to make it happen. If so I think this will flush out bids from other companies as well. Nevertheless I would like us to remain as is and drill some of those massive 3B/4B prospects.

[ltinvestor] 24/11/2022 11:31

I expect Africa oil to make an all share bid for Eco in 2023 as part of their consolidation plan..

[davwal] 24/11/2022 11:15

I think we'll at least need something definate slated for the share price to move much. I doubt 23 will have any drilling, other than possibly by ECO'S indirect interest ExxonMobil in Guyana. Only Gil has suggested 3B/4B will be drilled in 23.

[pro_s2009] 24/11/2022 00:23

It will soon be back to pee drill 25p levels.

Wonder where all the idiots have gone who were masturbating over the duster news excitedly.... Lol 😅😅😅😅

[ltinvestor] 23/11/2022 17:37

Norseman2 The “ hot money” has most definitely left this stock so let’s see if the buying continues!

[thenorseman2] 23/11/2022 17:22

Itinvestor I was wondering the same :)Cannot complain though:)

[ltinvestor] 23/11/2022 17:14

Eco bulletin board activity extremely quiet so who is buying the stock?4.8m shares traded today with a series of large buys…

[bocase] 23/11/2022 15:06

Toronto 12% up on the day.

[bocase] 23/11/2022 12:32

Hopefully there will be an update on progress at the breakfast meeting next week.

[mr hangman] 23/11/2022 08:45

Smraynot, makes Pro look bright, certainly not the time to sell, time to buy

[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 :)