Eco (atlantic) Oil & Gas Share Discussion Threads

[neo26] 10/2/2023 21:02

When is spud for next well?

[pol123] 10/2/2023 19:21

I think Impact would be to too expensive now, they have hit the home run with Venus est a min $600 mcap and will likely get more expensive following a successful appraisal. IMO ECO have better prospects than AE (mcap c$240m). But who knows which way AO will go. The clock is ticking and if we do hit pay dirt back end of this year. We will not be cheap and could even have a larger Mkt cap than AO
All very interesting and our share price is also looking good, no froth thats for sure

[hamid1970] 10/2/2023 18:40

Wonder what the timeline is...Expect 3B4B outcome could be a pivotal consideration

That aside, have taken a far slug recently as all the bad news is baked in at the minute IMO

[davwal] 10/2/2023 11:24

Africa Oil. Hill has said publically the board wants their shareholding in other oilers to end. Possible they could take out ECO or sell out. They are considering options.

[hamid1970] 09/2/2023 13:41

It also has a major shareholder that has publicly stated it wants to terminate the present arrangement ASAP

Who was this? Sorry new to ECO so just working out if its a good punt

[davwal] 07/2/2023 12:15

Reality is ECO is currently without a definite development project in the foreseeable, direct or indirect interest. It also has a major shareholder that has publicly stated it wants to terminate the present arrangement ASAP. I was surprised the share price lifted as it did. Yes we await confirmation of a 3B4B farm out, but given the previously stated multi-major hot interest and then apparent degree of advancement in final negotiations, it seems surprising the sign off is taking so long. TLW, meanwhile, will clearly do nothing in Guyana, but can't shift their share after a couple of years trying. All in all its no wonder the share price is languishing.

[daar] 06/2/2023 10:28

52 week low is coming I think

[trop] 03/2/2023 12:25

Hope the news is good when it comes !

[2 solaris] 31/1/2023 11:14

I see Malcy is still a fan and keeps them in the bucket list:
'I’m still confident that Eco will deliver despite the duster at Gazania-1, I think 3/B and 4/B in South Africa could be huge and they still have Guyana to boot.'

Top up time for me.

[2 solaris] 31/1/2023 10:58

I forgot I had some of these until today. I was searching around for something that may be worth a look, was checking these out and thought, 'something familiar here'. It seems I've had them for ages and marked them down as, 'forget them until they are a £1 as they have a few wells to drill.'
One was a dud. Let's see what the future holds as I can't see them idling away 2023 doing nothing.

[w1ndjammer] 29/1/2023 17:56

Yep I am with you guys, will be good to watch this one unwind…

WJ.

[hamid1970] 29/1/2023 17:30

Noted big background buyer. We all know this will be 50p+ when news flow hots up, which it will.....

[ltinvestor] 26/1/2023 14:22

WJ, I prefer the thread to be quiet.Serious buying going on in the background…..

[w1ndjammer] 26/1/2023 12:54

Why is the thread so quiet. share price starting to move
In the old days peeps would have been getting excited
Does nobody but stocks these days…..

WJ.

[ifthecapfits] 24/1/2023 22:41

Good day 8n Canada

[pro_s2009] 24/1/2023 15:53

Nice isnt it

[2000tober] 24/1/2023 15:06

10% up across the pond, 0.42

[ifthecapfits] 24/1/2023 09:12

Should get exciting here again soon. Great news re: Shell. I'll have to look more into the read across.

[thenorseman2] 24/1/2023 08:28

Orange basin: Shell hits hydrocarbons in world's hottest new hunting groundJonker-1 wildcat has found hydrocarbons in a different geological play to Shell's previous Graff and Rona finds offshore Namibia23 January 2023 11:29 GMT UPDATED 24 January 2023 0:17 GMTBy Iain Esau in London The temperature is rising again in Namibia's Orange basin, the world's hottest new hydrocarbon hunting ground, with Upstream told that early signs from Shell's Jonker-1 exploration probe are promising.Northern Ocean's semi-submersible rig Deepsea Bollsta began drilling the high-profile well in Block 2913A in mid-December. Namibia: Shell spuds exploration probe in Orange basin hunting groundRead moreThe probe is chasing a different geological play to the Upper Cretaceous light oil discoveries made last year by Shell's Graff-1 and La Rona-1 exploration wells.Instead, Jonker-1 is targeting an eastern extension of the Lower Cretaceous oil and gas play that TotalEnergies hit with its Venus-1 probe in adjacent Block 2913B in 2022 , potentially Africa's largest ever offshore discovery.Three informed sources told Upstream in recent days that Jonker-1 has hit hydrocarbons in a shallow reservoir, offering significant encouragement for what may yet be found in the probe's deeper primary objective.It is understood that Shell was running in-hole flow tests on this secondary target last week. Shell to fire up Namibia drill campaign within daysRead moreShell "has found something interesting in a shallow target and is drilling ahead to the thicker primary objective", said one well-watcher.Another exploration source said: "They have a hit in the first target (and are) testing it."

[ltinvestor] 23/1/2023 16:42

News filtering out of Jonker1 is making the Orange Basin and Eco’s blocks even more attractive….

[daar] 23/1/2023 15:03

30p by end March is my guess

[pro_s2009] 23/1/2023 14:34

Moving up..........

[ltinvestor] 18/1/2023 07:25

3b/4b farmout partner to be concluded end of this quarter according to Keith Hill of Africa oil

[silentface] 13/1/2023 09:41

I have confirmation from Gil that Eco Oil and Gas Solutions is not a subsidiary of this company.