Member Info for abzzba

Could be my imagination but over the last few days it seems every time a reasonable buy pops up a sell comes along just after to counter it.
Cannot be long now until news starts to flow, along with gas & oil.

Thought i would have to wait years for a return, love it.

CLNR would certainly make a low cost acquisition for a lot of potential.

Agreed its been quiet, lets hope they are working behind the scene to ensure positive outcomes from the three remaining wells and formulating a plan to make ELM 1004 a productive & commercial well

somm, personally i am hoping for the test results for CSo-2001 Tuesday coming or at least some time next week, if they come out with an RNS saying testing just started i would be real disappointed, i am basing that on the following.
ECHO released ELM-1004 RNS on the 13th & the test rig was not needed for the final stages of testing so could have been onsite CSo-2001(d) as early as the 9th of August, not all wells will take 4 weeks to test and assuming its a straightforward test of a fairly shallow onshore gas well its perfectly doable in 2 weeks, i do realise not everyone agrees but hey ho, i am an optimist.

bigspike, thanks.
Franko, my Moneyam provides supposedly live price & trades, i looked at sharescope among other providers of L2 and trialed L2 for a month, but found it confusing as hell, i am as you may have guessed oilfield (44 years) rather than experienced investor, thanks for the reply though.

Struggling to understand why LSE & Moneyam are showing the SP as down 0.35% (14.25p) while google & other sites stating the price up 1.4% to 14.50p, answer on a post card please.

Did anyone else get a nasty smell a few minutes ago. Hope no one is holding out for 11p, if so think they missed that boat.

Brilliant research & post by bigspike, should calm a few of the more nervous who listen to the less informed & scurrilous posters on here. Another 3% rise today will do me fine.

excellent post

ECHO released ELM-1004 RNS on the 13th, the test rig was not needed for the final stages of testing so could have been onsite CSo-2001(d) as early as the 9th of August, we "could" have result / RNS on Tuesday 28th assuming testing has been straight forward, not all wells will take 4 weeks to test

egg, well noted, can anyone help explain this 1,000,000 trade at at 19.10,

Certainly buying today, would be good if we could recoup some of that 3% that was stolen yesterday.
Jarrovian, i guess we could consider it an ECHO :)

No you said and i quote "I also think those who use the term 'high risk' just mean 'difficult'. It kind of amounts to the same thing", when in fact fracking is quite a normal / standard operation in well completions to ensure best possible flow rates are achieved.

Mandrill, i can assure you high risk wild cat exploration is a world away from well completions and having to frack a well to get the best flow rates possible, as for your "suggestion" that we might run out of money and go broke due to the costs of fracking that is ludicrous, fracking will take a matter of days once the equipment is onsite and costs will be minimal, again we have "expert" posts from someone who knows nothing about the industry.
Agreed the SP is drifting but its not helped by posting inaccurate rubbish

Cervelo, full marks, Aberdeen

Franko, its not semantics, you say below and i quote "These boards need to be balanced and contain contrary opinion", how can you give a balanced opinion or say ECHO are operating a high risk operation when you have no experience in the industry. Not getting at you, just trying to understand why you keep misrepresenting ECHO operations.

Franko, may i ask how many years experience you have in drilling & well completions ?, i ask as you keep using the term "high risk exploration" , i always assumed high risk exploration as being associated with wild cat drilling and this by no means relates to the wells ECHO are drilling.

Jay, as your post below says, 1004 suspended not abandoned, ECHO will revisit 1004 for remedial work & fracking and every likely-hood make it a money generating well and the remedial work could very easily give us more than this initial 8m of pay that has been reported.

I see ECHOs "loyal" investors are out again helping to talk the share down.