Eco (atlantic) Oil & Gas Share Discussion Threads

[ash2001] 07/11/2007 08:41

ADVFN. Sell Volume 473,000.Buy Volume 71,000.Thankfully price holding firm.

[northernrocks] 07/11/2007 08:25

those were the reason for big drop yesterday,now on the move up as seller has gone ,its obvious that they had to take the very lowest bid price given to bail out ,dont think its much else as company still very strong and as rns states contract revenue delay will filter thru 2008.so expecting a nice 15-20%pull back today.

[ash2001] 06/11/2007 15:47

Another big sell.3.47 million shares sold!

[ash2001] 06/11/2007 15:18

Hopefully you're right Northernrocks.I'm worried by the 5.6 million sell that's just gone through at 3.05pm though!What is going on?!

[northernrocks] 06/11/2007 14:59

well sell off has now stopped ,and can see big buyers coming in now ,should retract at least 15-20% by close.

[northernrocks] 06/11/2007 08:28

big company and at a bargain bucket price here ,eco company my view just a small bleep on rns get the feeling some shrewd buys moving in and mopping up.

[mart] 31/10/2007 10:55

Might be good to update the chart GS. I now have it at 262p mid. Do your charts still tell you that it is a buy?

[anne flicker] 06/7/2007 18:51

ECO closed on a breakout.
Could you do some more chart analysis Mr. Sands?

[anne flicker] 06/7/2007 11:05

Looks like its breaking out again

[exeng] 03/7/2007 08:36

Placing at 370 pence rather than the 320 mentioned in previous RNSs :-)

[kozel] 29/6/2007 15:50

That's a helluva trading range. A line could be pencilled in under the more recent uptrend, since it's risen more steeply of late. That would create a buying opp around the £3 mark. There still appears to be a steady flow of buys though, so worth keeping an eye on.

[kozel] 29/6/2007 12:35

It's hit my stoploss, so profits locked in. I'll be back in again though at the next buying opportunity.

[kozel] 29/6/2007 12:27

Spot on Abdul, although sell volumes are tiny comparatively.

[786abdul] 29/6/2007 11:43

Kozel - pull back likely I think.

RNS Number:3074Z
EcoSecurities Group plc
29 June 2007

29 June 2007



ECOSECURITIES GROUP PLC

ADMISSION OF NEW ORDINARY SHARES


Dublin, Ireland - EcoSecurities Group plc (the "Company") announces that the
subscription agreement between the Company and Credit Suisse International
("Credit Suisse"), details of which were announced by the Company on 22 June
2007, has today completed. In accordance with the terms of the subscription
agreement, the Company conditionally allotted 9,241,955 new ordinary shares of
Euro0.0025 each in the capital of the Company (the "New Ordinary Shares") to Credit
Suisse at a price of 320 pence per share on 22 June 2006. The New Ordinary
Shares represent approximately 9.0 per cent. of the Company's issued share
capital following allotment of the New Ordinary Shares. The allotment was
conditional on the New Ordinary Shares being admitted to trading on the AIM
market of the London Stock Exchange plc ("AIM"). The Company is pleased to
announce that the New Ordinary Shares were today admitted to AIM. Dealings in
the New Ordinary Shares are expected to commence immediately.


Enquiries:


EcoSecurities Group plc
Sheila Booth, Assistant Company Secretary
Tel: [phone]

[kozel] 27/6/2007 16:50

It could be due a pullback, only in so much as in the past when it's gone up around 70p ish it's usually taken a breather or pulled back a bit. Could be wrong though.

[kozel] 27/6/2007 16:34

There seems to be no stopping this share. An impressive rise again on what's been a generaly lousy day all round.

[praipus] 27/6/2007 13:45

Climate Exchange House of Representatives


RNS Number:1115Z
Climate Exchange PLC
27 June 2007





Press Release
For Immediate Release
27 June 2007



CLIMATE EXCHANGE PLC

United States House of Representatives to offset its carbon dioxide emissions
though the Chicago Climate Exchange


On 22nd June, U.S. Representative Mark Kirk announced that his amendment
requiring the U.S. House of Representatives to offset carbon dioxide emissions
through the Chicago Climate Exchange ("CCX"), a wholly owned subsidiary of
Climate Exchange Plc, was passed by 216 votes to 176.

The amendment was attached to the 2008 Legislative Branch appropriations bill
which requests that the House Chief Administrative Officer purchase Carbon
Financial Instruments from American projects through the Chicago Climate
Exchange to offset carbon produced by all House operations after renewable
energy and efficiency improvements have been made.

Congressman Kirk said: "This amendment will ensure that the House of
Representatives becomes 'carbon neutral', an important component of the House
Chief Administrative Officer's plan to green the Capitol. By purchasing offset
credits, we can mitigate the emissions generated by the Capitol Power Plant and
the House's massive electricity use. The House should set the standard for
environmental responsibility - this amendment helps us reach the goal. As
private organizations like the Chicago Climate Exchange step up to address the
environmental needs of our nation, we know that they will receive the necessary
support from the House."

Dr. Richard Sandor, Chairman of Climate Exchange Plc, said: "We are proud to
welcome the participation of the Untied States House of Representatives in the
CCX. It showcases the House's Administrative Office foresight and leadership in
the issue of global climate change. The U.S. House of Representative's purchase
of CCX Carbon Financial Instruments highlights the contribution that U.S.
farmers, ranchers, foresters and other providers of renewal energy are having in
the building of environmental and financial institutions that can
cost-effectively help address environmental concerns for generations to come."


Contact

Neil Eckert, CEO, Climate Exchange Plc 0207 382 7801
Dr. Richard Sandor, Chairman Climate Exchange Plc 001 312 554 3370
Peter Rigby, Haggie Financial 0207 471 8989


About Climate Exchange Plc

Climate Exchange Plc is a holding company whose subsidiaries are principally
engaged in owning, operating and developing exchanges to facilitate trading in
environmental financial instruments including emissions reduction credits in
both voluntary and mandatory markets. The two main businesses are the Chicago
Climate Exchange (CCX) which operates a voluntary but legally binding cap and
trade system including an exchange for CO2 emissions as well as SOx and NOx
contracts in the US and internationally, and the European Climate Exchange (ECX)
which operates an exchange focussed on compliance certificates for the mandatory
European Emissions Trading Scheme.


About Chicago Climate Exchange, Inc.

CCX is a financial institution whose objectives are to apply financial
innovation and incentives to advance social, environmental and economic goals.
CCX is the world's first and North America's only legally binding rules-based
greenhouse gas emissions allowance trading system, as well as the world's only
global system for emissions trading based on all six greenhouse gases. CCX
members are leaders in greenhouse gas management and represent all sectors of
the global economy, as well as public sector innovators. Reductions achieved
through CCX are the only reductions in North America being achieved through a
legally binding compliance regime, providing independent third party
verification provided by NASD and price transparency. The founder, Chairman and
CEO of CCX is economist and financial innovator Dr. Richard L. Sandor, who was
named a Hero of the Planet by Time magazine for his founding of CCX. For a full
list of CCX members, daily prices and other Exchange information, see
www.chicagoclimateexchange.com.

CCX, a US corporation, launched its trading platform in 2003. In 2005, CCX
launched the European Climate Exchange (ECX), now the leading exchange operating
in the European Union Emissions Trading Scheme. CCX also launched the Chicago
Climate Futures Exchange (CCFE), a CFTC-regulated futures exchange for U.S. SO2
allowances and U.S. NOx Ozone Season allowances, the world's first environmental
derivatives exchange. Since 2006, CCX, ECX and CCFE have been owned by Climate
Exchange Plc, a publicly traded company listed on the AIM of the London Stock
Exchange.


About European Climate Exchange

The European Climate Exchange (ECX) manages product development and marketing of
Carbon Financial Instruments (CFI) futures and options contracts on CO2 EU
allowances traded under the EU Emissions Trading Scheme.

ECX CFI contracts are listed and traded on the ICE Futures electronic platform,
offering a central marketplace for emissions trading in Europe with standard
contracts and clearing guarantees provided by LCH.Clearnet. ECX/ ICE Futures is
the most liquid, pan-European Exchange for carbon emissions trading. More than
80 leading global businesses have signed up for membership to trade ECX
products. In addition, several hundred clients can access the market via banks
and brokers.

This information is provided by RNS
The company news service from the London Stock Exchange

Also worth watching TRE as they have significant stocks of CER's so wouldnt be surprised to see America buying this PM.

[markralph] 27/6/2007 13:33

...Slightly off topic BUT i noticed there was an advert on eFinancial Careers for 'Carbon Credit Broker needed at established interdealer broker.' I might call the recuritment co and see if it is who I am thinking of (ICAP?).

[markralph] 27/6/2007 13:29

WJCCGHCC - excellent point.

I think this type of alt asset class is only going to get more 'popular' and I am in the mind frame that both CLE and ECO are leaders in what they specialise in. TRE seems to be a bit of a halfway house - that said, I own all three.

[wjccghcc] 27/6/2007 13:11

They don't really have similar drivers though. Eco is a long play on CER prices whereas CLE is a play on volume of CER trading. A bit like comparing an asset manager with the LSE.

[andrbea] 27/6/2007 13:06

in November 2006 eco had a higher price than cle
now cle is 4 times higher than eco..

should suck eco up with it methinks
or provide a temporary haven for cle holders (if that gets targeted by shorters)

in eco's statement they talked of 'accelerated expansion into the rapidly evolving US carbon market'.
My view:

At some point eco's consultancy could be become an acquisition target (synergy, complementary?) for bigger mkt cap brother cle (which is also based in North America = Canada+America). I.e. the likelihood of consolidation? Also western agencies may need to consolidate to compete with Asian (Chinese) rivals?