Eco (atlantic) Oil & Gas Share Discussion Threads

[burtond1] 28/12/2023 07:55

10 Oil and Gas Companies to follow in 2024https://total-market-solutions.com/2023/12/10-oil-and-gas-companies-to-follow-in-2024/

[the monkster1] 07/12/2023 22:09

Be lucky if there is a farm in by this time next year never mind end of this year !!

[kingkev2] 28/11/2023 18:20

https://www.upstreamonline.com/exploration/three-majors-in-last-minute-dash-to-enter-race-for-slice-of-orange-basin-hotspot/2-1-1561042?zephr_sso_ott=c6Ppiw

[mick_oi] 16/11/2023 22:42

New post on X:

Eco is pleased to provide an updated investor presentation, which is available on the Company's website.

hxxps://wp-ecooilandgas-2020.s3.eu-west-2.amazonaws.com/media/2023/11/ECO_Investor-Briefing-Presentation_NOV_15.11.2023-for-web.pdf

[mick_oi] 31/10/2023 13:55

Eco ate getting fairly active on X (ex-Twitter) these days. A new post today:Selma Usiku, Non-Executive Director of Eco, recently gave an interview with the Windhoek Observer discussing her career as an Exploration Geologist and the excitement surrounding Namibia's hydrocarbon potential.https://www.observer24.com.na/an-exclusive-interview-with-selma-usikuan-exploration-geologist/

[bocase] 30/10/2023 08:28

Not sure how related this is to Eco's blocks but can't hurt sentiment

ExxonMobil and partners on Stabroek have made a “significant discovery” at the Lancetfish-2 appraisal well, offshore Guyana.

The Guyana government said this was the fourth find this year and the total, since 2015, of 46. Other finds this year are the Fangtooth SE-1 and Lancetfish-1 on Stabroek, in addition to the Wei-1 discovery in the Corentyne Block.

The Guyana statement echoes an update from Hess in its third quarter results.

Lancetfish-2 found around 20 metres of net oil pay in a new interval, the government said. This came in addition to 81 metres of hydrocarbon-bearing sandstone. Hess put the net oil pay in the appraisal reservoir at 38 metres.

“This newly discovered reservoir will undergo a comprehensive appraisal process, which aligns with the ongoing appraisal activities for other discoveries in the region,” Guyana said.

Hes noted the group had drilled the well in 1,721 metres of water, around 6.5 km from the Lancetfish-1 find.

Hess also reported the Payara find would start up in the fourth quarter of the year, reaching 220,000 barrels per day gross.

The Stabroek companies sanctioned the fourth development, Yellowtail, in April 2022. This will reach 250,000 bpd and start in 2025.

In April 2023, the group approved Uaru. This will also have 250,000 bpd and hit first production in 2026.

Exxon submitted a plan for a sixth development, Whiptail, to the government in October.

[value viper] 28/10/2023 19:31

Thanks Mick good spot

[filterwest] 27/10/2023 08:45

The share price should be around 14 to 15p at least!

[gisjob2] 26/10/2023 12:55

I guess nobody but Gil sees the need to buy until next year ! Can't be any imminent news or he wouldn't be able to buy.

[cinoib] 26/10/2023 12:23

From nothing to nowhere in no time at all, One of my better decisions when I sold out at 120.Market mood over the past 12 months isn't helping any share but this one seems to have been abandoned.

[filterwest] 25/10/2023 20:21

More director buys awesome!

[dat_51] 23/10/2023 20:18

Interview w Gil Holzman, today.
Credit Bizter on lse.
--dat

[mick_oi] 23/10/2023 19:28

Posted by Eco via X:Gil Holzman, CEO, gave @proactive_UK an update on Eco's exciting exploration portfolio, offshore Namibia, Guyana and South Africa. Alongside some insight into what investors can expect to hear from the team over the coming months.https://youtu.be/NfMnB75Jaoo?si=i5KiYSctZWTYn_cf

[pro_s2009] 22/10/2023 04:36

AIM market fast approaching Covid crash lows.........when is the trend going to break and upwards its goes ?


free stock charts from uk.advfn.com

[thenorseman2] 19/10/2023 13:19

Then news cannot be imminent as if so he wouldn't be allowed to buy!?

[mick_oi] 18/10/2023 18:30

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX ? V: EOG), the oil and gas exploration company focused on the offshore Atlantic Margins in South Africa, Namibia, and Guyana, announces that Gil Holzman, Chief Executive Officer and a Director of the Company, today purchased 216,135 common shares in the Company ("Common Shares") at a price of 9.5 pence per share (the "Share Purchase"). Following the Share Purchase, Gil Holzman, together with his spouse, is beneficially interested in, in aggregate, 9,780,259 Common Shares representing approximately 2.64 per cent. of the Company's currently issued share capital, being 370,173,680 Common Shares.

[2000tober] 30/9/2023 10:56

Any day now SA government will ratify the aoi deal and eco will receive another $2 5mil

[pro_s2009] 30/9/2023 02:21

Trouble is their position gets weaker and weaker. The MUST farm out or raise money.........and when you MUST do this, the offers that are coming in get more and more discounted by the day. Will continue to drift I am sure.

[gisjob2] 29/9/2023 13:23

Wow ! It keeps drifting.

[gisjob2] 29/9/2023 02:03

Will this make single figures, with no immediate price driver ? Where's the bottom ?
Looking quite cheap but could still drift a bit.