Eco (atlantic) Oil & Gas Share Discussion Threads

[divmad] 09/10/2024 10:35

Will Eco ever come good?

[ifthecapfits] 30/9/2024 07:57

Disappointed it is. But our time will come.

[the monkster1] 29/9/2024 19:03

prepare to be disappointed.

[2prsimo] 29/9/2024 10:26

Should have a good run tomorrow. Excellent news.

[gisjob2] 27/9/2024 14:55

Brilliant news !

[here and there] 27/9/2024 14:35

From Bloomberg; Total have been granted environmental permitting to drill up to 5 wells on 3b/4B starting Q1 2025......game on!

[ifthecapfits] 23/9/2024 12:16

I added the other day too. Some decent buying coming in today.

[ltinvestor] 05/9/2024 12:02

Added today…

[here and there] 31/8/2024 20:19

LOL...awful

[cat33] 31/8/2024 17:00

Interesting write up from Jim https://oilman.beehiiv.com/p/oilman-jims-letter-august-31-2024Worth reading (in addition to Eco, covers JV partners Africa Oil and TotalEnergies too)

[jotoha2] 30/8/2024 16:31

Interesting to see what happens here , could be 1/2/3 hundred pence with ease , make it happen BOD.

[cinoib] 30/8/2024 11:36

Heading in the right direction at least.

[chessman2] 30/8/2024 11:04

The future here is looking remarkably bright.

Expectations exceeding £1 for the share price are completely reasonable but as usual it’s just a matter of being patient!

[lawson27] 30/8/2024 09:28

Joined you for a few off a decent RNS @13s for the recovery here, GLA

[cinoib] 28/8/2024 15:19

I said something was going on yesterday, now we know and by my reading Eco have a total of $25 million to come over time, very useful that will be. Makes the shares worth a site more than 12.5 p don't you think. About 19p in my book.

[aberloon2] 28/8/2024 13:30

"Completion of the transaction further strengthens Eco's balance sheet and enables us to focus and continue progressing our wider work programmes and farm out processes in Eco's asset portfolio in Guyana and Namibia, with no shareholder dilution."

[here and there] 28/8/2024 13:21

Fabulous news. Farm down completed.

-They will have about $10m in bank

-Partnered with a super major in SA, fully carried

-Read through value is nuts. There will be only 315m shares in issue after the Africa oil completes. The MC is covered by the read through value on 3B/4B

-100% owned Orinduik, $100m of tax losses, fully covered in 3 D, two heavy oil discoveries aka Hammerhead

-10% of Hammerhead in Orinduik, Exxon is developing it, unionisation will happen as will a farm out deal.

-Walvis basin, biggest acreage, plenty of 3D, plenty of interest, will get farmed out.

-Block 1 SA, they picked up for next to nothing. Has some oil prospects in the deeps and gas in the shallows.

No wonder Berenberg has a 125p price target on this stock

2025 is going to be v v busy

[thenorseman2] 27/8/2024 10:33

Interesting rise this.

[cinoib] 27/8/2024 10:04

Some decent movement today, something going on behind closed doors we not heard of yet or just someone loading up in hope of a killing.

[gisjob2] 27/8/2024 00:27

Cat33 'oilman jim' link above that he plugs everywhere. It's a waste of time.

[divmad] 23/8/2024 12:14

What isn't?

[gisjob2] 23/8/2024 12:07

No it isn't it's a waste of time

[cashandcard] 02/8/2024 08:56

https://www.upstreamonline.com/exploration/galp-wants-big-seismic-shoot-over-massive-mopane-discovery-to-cover-shell-and-rhino-acreage/2-1-1685856