Eco (atlantic) Oil & Gas Share Discussion Threads

[pro_s2009] 29/7/2022 14:29

Massive potential.......its worth over 200p a share...........if it comes in as forecast.

[sos100] 29/7/2022 14:27

needs to go back to at least 40p - that was the price before this placing...

this is only a 25 day well with massive potential

"The Gazania-1 well is located in Block 2B of the Orange Basin – a 3,062km² oil field that is found between the borders of South Africa and Namibia in close proximity to where supermajors Shell and TotalEnergies have recently made significant discoveries"

[pro_s2009] 29/7/2022 14:19

L2 now stronger.

3 v 2 29/29.5

[pro_s2009] 29/7/2022 13:55

Auction L2 shows some big buyers in the background. Once the seller is clear this will boom. Potential to double ahead of Gazania-1 well results.

[pro_s2009] 29/7/2022 11:43

It will get there soon enough.

30p was the last placing price......buying below 30p is a steal.......

[daar] 29/7/2022 11:36

Close above 30p would be good :)

[pro_s2009] 29/7/2022 08:21

Ticking up nicely again today.

L2 is 1 v 2 29/29.5

[pro_s2009] 29/7/2022 01:59

Excellent thread to read on Oil



.

[pro_s2009] 29/7/2022 01:19

As has been said by many "demand destruction" is a term used by the media when their mates go short on oil and they want markets to fall......... reality has always been that recessions have very little impact on oil demand.

With todays post Covid demand growth, couple with Covid years of natural decline and zero investment........ oil demand even with a recession will outstrip supply capability.

[chessman2] 28/7/2022 23:20

ECO is another stock, the holders of which, have extremely high expectations!

I believe those expectations will be delivered during the coming months and remain a strong holder.

[pro_s2009] 28/7/2022 19:07

Amazing we are still below the recent placing price.... About to drill a potential 10 bagger well... Spud in around 5 weeks time Orange Basin South Africa.....

And with Guyana news soon as well.

[theblackbaron] 28/7/2022 17:25

Even better today .....

[pro_s2009] 28/7/2022 11:33

L2 4 v 2 now 28.5/29

[millie01527] 28/7/2022 10:56

Not sure 5.5% up on the day is crawing

[the monkster] 28/7/2022 10:06

crawling more like

[pro_s2009] 28/7/2022 08:17

L2 marching upwards.

2 v 4 28/29

[pro_s2009] 28/7/2022 08:11

Date 28.07.22

Time for Eco Atlantic to ignite?


“…Prospective investors in ECO, then, have quite a bit to consider. Right now though, at around 25p, Eco looks quite cheap. With several campaigns underway in highly prospective fields, Eco Atlantic may be a tinderbox waiting to spark…”

Eco (Atlantic) Oil & Gas (AIM:ECO), an oil and gas exploration company focused on Atlantic margin basins offshore Guyana, Namibia, and South Afric.......

[pro_s2009] 28/7/2022 08:03

L2 moving up.

Now 3 v 3 27.5/28

[burtond1] 28/7/2022 07:48

Time for Eco Atlantic to ignite ask @TMSreach "...Prospective investors in ECO, then, have quite a bit to consider. Right now though, at around 25p, Eco looks quite cheap. With several campaigns underway in highly prospective fields, Eco Atlantic may be a tinderbox waiting to spark..."https://total-market-solutions.com/2022/07/eco-atlantic-oil-and-gas-ltd/

[pro_s2009] 28/7/2022 02:13

..........There is no doubt that Eco is exploring for oil and gas in some global hotspots of todays’ hydrocarbon world – offshore Namibia and offshore South Africa, along with offshore Guyana. In January 2022 we updated our research coverage on Eco with a Conviction Buy stance and a target price of 114.65p, when the stock was trading at 23.75p. To put it mildly, there looks as though there is potentially a lot of excitement to be generated in this stock over the coming months and we are more than happy to conform our stance at the current price of 26.70p..........

[pro_s2009] 28/7/2022 02:03

Should be the start of the run to 50p to 60p levels.

Gazania-1 success would be worth over 200p a share........so given thats a small part of the overall prospects, we should be in for a strong run in the weeks and months ahead.

[chessman2] 27/7/2022 22:54

There have been some large buys recently and in view of Tullow also being stronger I suspect news of another Guyana discovery is not too far away.

IMO the current price is a giveaway. We also have great prospects in Namibia.

I'm continuing to hold my shed full!!

[mr hangman] 27/7/2022 16:58

Lots of PI buys today..

[pro_s2009] 27/7/2022 11:01

Gradually getting stronger in recent days.

L2 4 v 2 26.5/27

[burtond1] 24/7/2022 14:06

https://twitter.com/tmsreach/status/1551192048685940738?s=21&t=c4Dy56zQQ8J7-C8YU1PyEg