Member Info for bigspike

Strong finish today, such a tiny Mcap and number of shares this really moves quickly. So close to production with wells partly proven makes this an excellent opportunity. The ceo says it’s not if we enter phase 2, it’s about how we do it.... he’s confident. The asset cost 4m, and the previous owner had already invested 37m, bargain.

Yes and I’m I’m sure when we receive the 3d seismic results for Guyana anytime time now they’ll be an additional prospect with an increased resource potential, Gill has hinted this in past interviews.... eco is under valued!

Gas production and revenues forecast 2018 q2. Cbm wells already flowed gas instantly, very little dewatering needed and with very little conditioning before entering the sales pipeline. 250bcf 2c reserves, 1tcf in place. Some wells in the formation further away from the pipeline have flowed over a short period up to 500mcf.

Bargain at 30p, shard capital say its worth 36p. http://www.shardcapital.com/wp-content/uploads/2017/09/Eco-Atlantic-Flash-Note-September-2017.pdf

Good news from tulainyo 2 And further proves that these company’s have a very good understanding of the basin. All targets have been found gas saturated. Pancontental suggest on their website the Dempsey reservoir quality was modelled to be better than the talainyo well, so let’s see how tulainyo flows. They haven’t mentioned fracture stimulation yet! John begg appears to be very positive with both wells.

Older and wiser, this link explains a lot https://www.springer.com/cda/content/document/cda_downloaddocument/9783319297088-c1.pdf?SGWID=0-0-45-1570573-p179519993

Yes itsyou shallower water allows better quality 3D siemic data too! All bodes well.

Given the right condition Oil / kerogen migrates up dip from its source rock. Please someone correct me if I’m wrong, but that’s my interpretation. Many oil fields are found up dip.

Stephen Schoepfer, Managing Director of Curzon Energy said: "We are delighted that operations continue to progress as expected. With only two workovers remaining we look forward to initiating a thorough well testing programme on all five wells shortly”.

Yes recorded October 2017, but the point is, it gives investors a chance to hear what the city institutions are thinking, good re-cap and what the future could hold. They are obviously excited about ECO as we are!

http://www.share-talk.com/share-news/strategy-on-small-oil-gas-companies-in-the-current-market/ 3:35mins

73p buys. My guess is Opuama-8 well flow test results Monday. Let’s hope for another 7kbpd gusher! Opuama 9 derisked by opuama 8 c2000 zone. Happy days with ELA, will be a great 2018.

As a comparison Looking back at JOG when statoil signed into the verbier licence the market cap peaked at 80m ish with momentum from site survey & drill contracts etc. Eco has more & larger prospects with funding for more drills than jog so I would anticipate eco could exceed jogs market cap past performance with the right momentum. If total except 25% of Guyana, eco are in an exceptional position and so will be the share holders!

http://www.marketwired.com/press-release/torrent-energys-coos-bay-cbm-gas-project-enters-home-stretch-with-material-progress-753522.htm

Expecting 3D siemic results for Guyana very soon. Once total sign in for 25% of the Guyana licence where do you expect to see the share price going? If the momentum is carried through with drill contract and spud for guyana plus Namibia could we see 100p? We would be fully funded for potentially 3 drills.... could be an exciting year.

Yes mooncheese the panr well seems to share many Dempsey characteristics too. Most wells drilled in the states these days are fracture stimulated. Let’s hope we have news soon, things normally move quickly in the states so I’m hopeful.

Thanks masterrsi, those were my expectations too short term....

Expecting news in January of the expanded 2,550km2 3D seismic survey on our Orinduik Block offshore Guyana, 3 prospects & 1 billion barrels updip of Exon Mobil’s 2.5billion discovery. Come on Total, sign the dotted line... Let’s hope 2018 will be transformational for Eco, Gla. Guyana or Namibia first, any thoughts?

Sorry, Master rsi do you have a projected target price?

Master rsi ddi you have a projected target price?