Member Info for bobbbyrash

Let's hope he's disappeared!

I don't give a rat's ass what Mike and matd are doing. All I care about now are these next 12 months with BLOE and proving up the oil and gas . . The rest as they say...

Come on bloe the roof off ;-)

And we are still only a 23 million market cap company! Good times a coming :-)

I'm sure someone bought 100k worth at 3.5p on last rise so we know the big buys will come again. Nice to see this share coming back to life.

It shot to 4p last month on nothing (only increased volume) fully expecting the same and more now with material news.

I'm thinking its really positive. yes some dilution but for a substantial producing field with exploration and work over upside. Martin is a very astute businessman IMO and he believes that this deal will add a lot of value to the company. Roll on next few months and gas at TA. this market cap will be a thing of the past... time to roll Echo and let the buyers return..

Yep a big vote of confidence in the turnaround strategy. Onwards and upwards!

Please don't go back up yet . I want to get s lot more at this price but I don't have funds yet ...

Mmm magicpuppy has recently posted the exact same message on matd board that mike31 posted here. Real people or robots. Got me thinking.

Can anyone else get their head around well 30 producing 1mmscfd ? (700,000+ boepd) that blows your socks off. 7000boepd would be mega . Roll on the gas I say

I'm seeing it

10p average for me. Nothing left to add at this price . Hoping the gas brings the rewards

They are storing it to build up a larger volume to achieve a higher price whilst they negotiate a sales contract to export as explained in recent interview. The oil is still there duh

Not a bad day up to now! 60p next target

Btw it is from 9min 45sec onwards he states $3.5 million to test the well.

Will Holland presentation from last year states $3.5 million per well at Tapi aike so I presume that was our cost with 50% of TA . Now only 19% costs so probably about $1.75 million per well X 4 = $7 million? Or was the $3.5 million total cost per well not our share? Anyway I would hope at least 2 wells are drilled and take it from there .

I think you will find total cost about $20 mill for 4 drills therefore $4 mill net to Echo.

I have just been watching some you tube videos on swellable packer technology. Looks mighty impressive to increase oil production

Time to blow the doors off with that gas bungle :-)