Eco (atlantic) Oil & Gas Share Discussion Threads

[bocase] 16/11/2022 08:05

I think ECO will not see the drilling of Guyana.......AOI will take them out next year.

so if Keith Hill is building a stake through some acquisition vehicle he could be quite happy to crash the share price and pick up cheap shares

[bspgamer] 16/11/2022 08:02

Early announcements are good delays are bad, seen it so many times before with oil drilling. If you have made some money. Take it off the table!!

[pro_s2009] 16/11/2022 07:59

When you read his comments like this.

"....And then we've got this portfolio investments, ECO Atlantic has not only drilling a well now, but they've put together a nice little portfolio, they have some interesting stuff in Guyana across the across the water. And I think, ECO to me is very interesting, because I think it's got a lot of upside exploration potential..."


Thats what makes me think AOI will come in with an all paper share offer for ECO soon...... all paper means higher price possible for ECO shareholders, and if Gazania hits then its a development project with exploration upside and so makes it very palatable to AOI shareholders as well.......

I think ECO will not see the drilling of Guyana.......AOI will take them out next year.

[bspgamer] 16/11/2022 07:57

He will be gone like the dust they drill!!

[davwal] 16/11/2022 07:57

One way or another ECO's largest shareholder wants the arrangement to end sooner rather than later. Oh, thats fine and dandy then. Talk about the Sword of Damocles...

[bspgamer] 16/11/2022 07:56

PRO Has removed me from the other board, be wary of a paid ramper!!

[pro_s2009] 16/11/2022 07:54

Again, for anyone who has not read it.......read this.

Lots of info......from the AOI Q3 investor conference call.



.

[pro_s2009] 16/11/2022 07:52

Not really......big companies do not update at all......they just give well results. Like Shell and Total etc........ its only the small companies and their need to feed placings and warrants and options that constantly update.

So having a simple "started" and "finished" RNS is actually quite grown up.

[2 solaris] 16/11/2022 07:42

No serious problems - so there are some problems.

[pro_s2009] 16/11/2022 07:30

freezer.......they mean the well result..........when is the well result going to be released.........thats why Keith Hill mentions 2 reasons why the result is taking longer time.........

[pro_s2009] 16/11/2022 07:28

Slow drill often means lost drilling fluid........good porosity and permeability in the reservoir sections.......... which may mean both Namaqualand and Gazania are excellent reservoirs.

Also might mean they hit a higher pressure gas cap on top of the oil.....so that slowed things down........could be plenty of reasons why the drill is taking long.\


All we do know is......generally.......quick drills are dusters.........

[freezer1976] 16/11/2022 07:26

What does 'moved back slightly mean' ? total estimated reserves or some kind of estimated date ?

[davwal] 16/11/2022 07:18

And Gil reckons Keith Hill and ECO are joined at the hip..! Yeah, right.

[jnr biggus dickus] 16/11/2022 07:16

guys boomtime




RNS Number : 5284G

Parsley Box Group PLC

16 November 2022

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BNK9TZ56

Issuer Name

PARSLEY BOX GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Paul Richmond Davidson

City of registered office (if applicable)



5. Date on which the threshold was crossed or reached

11-Nov-2022

6. Date on which Issuer notified

15-Nov-2022

7. Total positions of person(s) subject to the notification obligation


. % of voting rights % of voting rights Total of both in % Total number of
attached to shares through financial (8.A + 8.B) voting rights held
(total of 8.A) instruments (total in issuer
of 8.B 1 + 8.B 2)
Resulting situation
on the date on
which threshold
was crossed or
reached 3.398000 0.000000 3.398000 2467497
======================

[pro_s2009] 16/11/2022 07:12

Matt Cooper

Okay, great. And I just wondering if you could give a little bit more color on why the Gazania well reserve has moved back slightly?

Keith Hill

Yes, I've got two reasons. So then, I guess I shouldn't go into too much detail. But, there was a weather delay at the beginning. And then the drilling has been taking longer than expected. So we're about 15 to 20 days behind prognosis on it. So far, operations are ongoing. There's no serious problems with the well, and it's taking longer than one night.

[2 solaris] 16/11/2022 07:05

So much for keeping anyone informed.

[bocase] 16/11/2022 07:03

So no RNS. Whilst it would have been nice to have one clarifying the situation, the lack on one says to me 'no serious problems here'

[ltinvestor] 16/11/2022 07:03

Over on Lse there is a transcript of the Africa oil meeting.Well worth a listen!

[firestorm911] 15/11/2022 22:05

F911 famous black Friday deal is coming. -90% cut is coming.

All pro nonces are about to get castrated with a machete, Londonistan style. Amen

Regards
F911