Eco (atlantic) Oil & Gas Share Discussion Threads

[ratiopetrolguy] 03/2/2022 14:06

Eco Atlantic & westmount energy & jhi
Gonna to merge to one company remember where you see that first

[gooner1886] 02/2/2022 14:07

Yes how many was burnt by Gilz lies before? Thankfully i sold on the 100% day, but many held waiting for the light oil when it was infact heavy.Im waiting to get in here, but if they dont raise funds this year im a chinaman

[ltinvestor] 02/2/2022 13:49

Not according to Eco,Gooner
“ - Eco remains funded for further anticipated drilling on the Orinduik Block and continues, with its JV Partners, to assess all opportunities available to drill at least one exploration well into the light oil cretaceous stacked targets after the target selection process is finalised.”

[ratiopetrolguy] 02/2/2022 13:27

Eco gonna bi biliion worth compani
Remember this post
Westmount will be 200 million worth compani

[gooner1886] 02/2/2022 12:56

Eco arent funded for any drill yet, ilBuy once its placed

[here and there] 02/2/2022 12:29

reads well...game on

[here and there] 02/2/2022 06:35

hxxps://oilprice.com/Energy/Crude-Oil/Big-Oil-Is-Quietly-Exploring-For-More-Crude.html

Article highlighting Exxon, Shell, Total ......Namibia and guyana.

ECO is the best placed junior in the thick of this.

We should hear something from the Namibian government very soon

[maccamcd] 25/1/2022 23:10

Eco (Atlantic) Oil & Gas - UpdateHighly successful explorer in frontier regions in Guyana, Namibia and South Africa where preparations for further drilling have begunEco started trading on the TSX-V in 2011 with Namibian oil interests. In 2016, Eco teamed up with Tullow to acquire a licence in Guyana to explore similar basins in the margins on the other side of the Atlantic Ocean, ahead of becoming dual-listed in 2017. The shares began rising on Eco's announcement to drill and climbed to 190p+ following the drilling of two discovery wells in Guyana which confirmed the prospectivity of the upper & lower Tertiary fairways. However, the stock price fell by two thirds in a matter of days following Tullow's announcement that the wells contained heavy oil disappointing the market and since then the stock has remained unloved.Prolific hydrocarbon provinces where Eco teams up with oil majorsThe acreage in Guyana, South Africa and Namibia has huge potential and Eco has a good track record of being able to successfully negotiate farm out deals with majors to develop its projects. Eco is in good shape, with US$6 million of cash, no debt and proven backing of major shareholders like Africa Oil.Next door in Guyana, ExxonMobil has discovered more than 10 billion boeJune/July 2022 could see Eco's partners in the Orinduik Block unveiling a decision to resume drilling into light oil Cretaceous targets, the source of ExxonMobil's huge success on the adjoining Stabroek Block where the 120,000 bopd Liza Field went into production in late 2019, following discovery in 2015.Plenty of potential catalysts for wider regional success in SA and NamibiaEco's strong strategic positioning in Namibia could rapidly become more valuable on rumours of Shell discovering light oil at its Graff-1 exploration well. Namibia could become one of the hottest global plays – so a good time for Eco to up its interest by acquiring Azinam. This deal also adds two South African Orange Basin blocks, Block 3B/4B, that is directly correlated to Graff-1 and Block 2B, a shallow water block with previous light oil discovery.Big disconnect in share price - our risked NPV revealing 383% upsideOur highly conservative, heavily risked NPV shows the opportunity. We update coverage of Eco with a target price of 114.65p and Conviction Buy stance.RISK WARNING & DISCLAIMEREco (Atlantic) Oil & Gas is a research client of Align Research. Align Research own shares in Eco (Atlantic) Oil & Gas. Full details of our Company & Personal Account Dealing Policy can be found on our website For full disclaimer information please refer to the last page of the full document. This investment may not be suitable for your personal circumstances. If you are in any doubt as to its suitability you should seek professional advice. This note does not constitute advice and your capital is at risk. This is a marketing communication and cannot be considered independent research

[richie666] 25/1/2022 11:44

If successful, Graff-1 could spark significant international investment to a region which has had minimal E&P exploration and production activity over the last 25 years," IHS Markit analyst Hugh Ewan said in a note after Shell started drilling Graff-1 in December.http://www.alignresearch.co.uk/cpt-company/eco-atlantic-oil-gas/

[rogerc1985] 25/1/2022 11:41

Wte hasn't moved yet

[ltinvestor] 25/1/2022 11:35

Shell Graff 1…very significant oil and gas discovery just announced.

[jimarilo] 19/1/2022 15:14

TotalEnergies, Inpex Sell Angolan Subsidiary Angola Block 14 B.V.
OE Staff January 17, 2022

"By divesting this interest in mature fields, TotalEnergies is implementing its strategy to high-grade its oil portfolio, focusing on assets with low costs and low emissions," said Henri-Max Ndong-Nzue, Senior Vice President Africa of Total Energies Exploration & Production.

[here and there] 18/1/2022 16:07

Azinam the operator ran out of time and money hence the deal with ECO.

[jimarilo] 18/1/2022 13:57

Slide 17

AEC said Q1 2021 for Gazania ............how can 2022 be taken seriously ?

[the monkster] 18/1/2022 07:53

A while to go yet then...we will need to do something as licking the spoon all the time wont get us there.

[dat_51] 18/1/2022 01:24

Re Gazania drilling:
In last week's interview GH said they hope to start in August, no later than October.

[manicat] 13/1/2022 15:33

read the date i posted it on IT and nothing has happened as far as tullow drilling orinduik

[ltinvestor] 13/1/2022 11:00

Manicat.I suggest you read the release last Monday… and not an article from 6th Jan which I believe you posted a week ago.Old news!!

[jimarilo] 12/1/2022 22:40

when are they going to drill ??

[ratiopetrolguy] 12/1/2022 21:29

Eco vs westmount
Who gonna be stock of the year?

[gooner1886] 12/1/2022 18:11

Guyana the biggy