Eco (atlantic) Oil & Gas Share Discussion Threads

[gersemi] 25/4/2018 18:32

Exxon and Namibia - could we some follow through for ECO -

[gersemi] 25/4/2018 18:29

'As a result, we believe it is very likely that TOTAL will exercise the option to farm-in to ECO’s 40% stake and take a 25% stake in exchange for paying a further US$12.5mn.
If so then the stakeholders in Orinduik would be: TULLOW (60% & operator), TOTAL (25%), and ECO (15%).

EXXON is currently drilling the Pacora well, which is the closest to date to ECO’s Orinduik Block, with a result due in the coming weeks'.....

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Pacora was a successful discovery - 65ft of oil-bearing sandstone reservoir.

Hannam also convinced that Total will exercise the farm-in option.



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[gersemi] 25/4/2018 13:46

macc

What does that mean fella? Can u elaborate for the clueless amongst us?

[maccamcd] 24/4/2018 20:22

The gang think it's 50-60p London line in June.I'm happy to back the gang

[gersemi] 24/4/2018 19:13

Well, Malcy's convinced that Total will take up their right to farm-in. Yes, I know he's not everyone's cup of tea but he does have a certain connection to the companies he covers.

[phoebusav] 23/4/2018 11:34

There has been 75K of buying today including two delayed buys of 40K and 30K plus another 5K in smaller buys. Total sells have only been 41K and yet we are down on nearly twice as much buying. Go figure. MMs playing fast and loose yet again. Annoying to see Mr. 5/10K having a disproportionate effect on the share price again. This is not right. If someone is trying to offload lots of 5K and 10K chunks perhaps Mr. Holzman could arrange for another investor to take their entire holding so the other particiant can finally s*d off. I image there would be a queue of takers. I would also urge him to do what he can to increase the NMS for the stock, which should be around 20K shares and not 5K. Great company, share need a bit of tweaking.

[maccamcd] 21/4/2018 08:30

Good articlehttp://www.valuethemarkets.com/index.php/2018/04/19/eco-atlantic-expands-resource-targets-key-field-promising-sign-total-option-eco/

[giantpeach2] 19/4/2018 12:01

Sounds very promising.

[davwal] 19/4/2018 07:47

Slow and steady but worth it for a greater understanding of the play. I like.

[ltinvestor] 19/4/2018 07:32

Very nice indeed!

[maccamcd] 19/4/2018 07:16

Guyana 3D processing update looks good.
'Expanded resource targets identified'

The Company has been very encouraged to date by the quality of data received and interpretations to date, which have firmed up the previously outlined targets as well as identifying new additional potentially sizeable structures

[davwall] 09/4/2018 10:38

I'm rather surprised its taking so long to provide Total with the remainder of the data - and for ECO to inform shareholders of what the data tells them.

[gersemi] 22/3/2018 20:00

Interest on the rise --


Guyana, purchasing oil when production starts- Mahalingam
March 22, 2018

Indian High Commissioner to Guyana, Venkatachalam Mahalingam, on Thursday during a press conference said that his Government is interested in oil blocks offshore Guyana and has indicated this to the Guyanese Government.

Discussions in this regard, INews understands, were held during the recent high-level Ministerial and Presidential visits to India.

Additionally, the Indian government, which currently buys oil from several Latin American countries, said it is also interested in purchasing oil from Guyana when production starts in 2020.

Guyana’s Head of State recently visited India to attend the International Solar Alliance (ISA) Founding Conference and Solar Summit.

During a bilateral meeting held in New Delhi, India, Prime Minister Narendra Modi told President David Granger that India is willing to do whatever it can to support Guyana’s development and pointed out that there are many areas for cooperation, particularly in the sugar and oil sectors.

This meeting followed closely on a visit to India, in January of this year, by a delegation led by Minister of Foreign Affairs, Carl Greenidge during which Guyana and India signed three cooperation agreements-one on renewable energy, one on cultural exchange and the framework agreement on ISA.

A number of companies, such as ExxonMobil, Tullow, CGX, Ratio oil, among others, currently hold petroleum blocks in Guyana and with the world class discoveries made by Exxon, a number of big players have expressed interest in coming on board.

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[gersemi] 22/3/2018 08:41

I like this stock a lot. I like the idea that there's value to be unearthed and that provides a solid base on which to build. There's a degree of certainty and the excitement surrounding Exxon's success with the drill in Guyana

[smurfy2001] 21/3/2018 22:11

Of interest? ECO mentioned.

Malcy's oil bucket list - six new stocks

[caters] 20/3/2018 22:57

My guess at take out price: 95p

[maccamcd] 20/3/2018 19:39

Up 10% @ 65c in Canada at the moment.Taking advantage of the 50/51c stock last week was beautiful.Come on down Mr Total!

[gersemi] 20/3/2018 18:36

ECO - 'taken out lock, stock and barrel' says this Graham-Wood fellow - last week....

[phoebusav] 20/3/2018 11:31

No, I don't think so. Just folks getting back in after the recent pullback, me included. A good opportunity ahead of the CPR after the senseless drop.

[soulsauce] 20/3/2018 11:25

I think a lot of those were rollovers may be caters.

[caters] 20/3/2018 11:20

Did I miss the RNS? --- sudden buying at 11am.

[maccamcd] 16/3/2018 15:39

There was a seller in canada the last few days. Not sure why he sold, but he did.
I topped up at 50/51c..
The presentation used at the Pareto Securities conference is now available.
Cant see it on their website, but if you PM me with your email i'll share.