Eco (atlantic) Oil & Gas Share Discussion Threads

[tomboyb] 21/2/2018 08:04

Good results and some shrewd investments by WTE and PIRI -

[dingo75] 21/2/2018 07:45

Likewise with PIRI

Been a long ride here from the early namibian days on TSX, but coming good now in a major way.

[thejaba] 21/2/2018 07:32

WTE made a shewd decision to invest £500k at 16p.Looks like they will get back a few million ....and they are only capped at 3m

[maccamcd] 21/2/2018 07:21

ooh.. what do we value this news at??

[zebbo] 20/2/2018 12:34

This will grind upwards over the coming months ahead of deals/drills etc. Lost of news due. Any further Exxon success on our border will push us towards 60-80p range IMHO regardless of any internal news.

Massive multilayered opportunities

FYB

[davwall] 20/2/2018 09:54

Is the latest RNS about preparing for a sell-off...Total possibly?

[caters] 20/2/2018 09:08

If it works for you, then well done.I've found that to cope with the losses on AIM I have to run the winners.

[baz9707] 20/2/2018 09:04

My target was hit yesterday sold and happy.
Hope it continues to rise for everyone buying in now.

[zebbo] 19/2/2018 19:40

New write up, very positive and informative

hxxp://www.valuethemarkets.com/index.php/2018/02/19/top-partnerships-healthy-funding-set-extend-eco-atlantic-bull-run-strike-iron-hot-eco/?utm_campaign=shareaholic&utm_medium=twitter&utm_source=socialnetwork

[phoebusav] 19/2/2018 12:28

Is Hannam scrambling to buy more shares, because their target price is laugably low. Orinduik is already estimated to have 900 MMBOE gross or 135 MMBOE net recoverable to ECO. That will rise to at least 200 MMBOE net with new CPR IMO. At a mere 100p per barrel pre drill that gives a market cap of £200M or 127p for Guyana alone. If sucessful I expect to see a takeover at £3-£4 per share. A monster in the making.

[acuere] 19/2/2018 11:49

As this quiet B.B. about to get busier

It’s worth repeating this post from Maccamcd.
The full broker note is available to view online.

Lovely positive BUY note out from Hannam & Partners today.
£1.13 tgt

VALUATION – TOTAL RISKED NAV OF 113 P/SHARE
The current share price is supported by the price that Africa Oil paid of
29p/share. Assuming that the Total farm out proceeds, and other options
and warrants are exercised, Eco is set to have cash backing of 13.9 p/share.
We derive a risked exploration value of the two potential prospects of a
combined 99p/share (Amatuk in Guyana 53 p/share and Osprey in
Namibia 46 p/share), suggesting a risked value of the company of
c113p/share. We note that this is early stage exploration and key risks to
our NAV relate to the size/quality definition of the prospects post 3D
seismic (the trigger for Total’s farm in), timing of potential wells and
exploration results in Namibia’s adjacent block. The share price will
therefore reflect the progress of these potential wells. The next key
milestone will be the interpretation of the 3D seismic in Guyana, expected
in 1Q18, and whether Total wants to proceed with the farm in.

[tomboyb] 19/2/2018 11:20

Looks like 40p+ beckons here -

Just looks v strong -

[baz9707] 19/2/2018 11:08

Dav same bud all looking a great investment.

[davwall] 19/2/2018 10:32

Blimey, a few minutes later and I'm +108%. Me likey!

[davwall] 19/2/2018 10:02

Going nicely. Right now my ECO holding is at +99.69% - currently my best in a portfolio which unfortunately does also contain some O&G turkeys like AMER and PANR...

[maccamcd] 18/2/2018 17:41

spot on dbh911. That's what i'm hoping/waiting for.. 50p March/April.
Stock has been strong in Canada (on small volume)

[dbh911] 18/2/2018 09:56

Seismic results, CPR upgrade and TOTAL taking up option...could take us to 60p plus IMO

[giantpeach2] 16/2/2018 20:37

WOW! nice closing high.

[davwal] 15/2/2018 20:59

Malcy reckons on it being £1 a pop before too long, and I wouldn’t turn my nose up at that. Wonder when they’ll release the seismic results, cos that could send it to 50p.

[maccamcd] 15/2/2018 12:36

closed up 7% in Canada last night..

[giantpeach2] 15/2/2018 12:16

Looks like it trying for a new high!!!!

[davwal] 12/2/2018 21:23

Malcy is now an Eco fan...

hxxp://www.malcysblog.com/2018/02/vox-markets-podcast-savannah-petroleum-pantheon-resources-eco-atlantic-oil-gas-frontera-resources-echo-energy/


Ps how do you make it a live link on here?

[maccamcd] 11/2/2018 11:03

nice one good spot!

[davwal] 11/2/2018 10:23

The Sunday Mail’s Midas column today has given Eco a solid recommendation for a punt against market volatility. Could see a nice flurry on Monday...