Malcy's take on the latest update30 Jul 2025 16:20
These figures are as usual a historic look at what has been going on at Eco and given what has been going on there is nothing that the market doesn’t know already. The portfolio has been reshuffled and Eco are poised to strike in the key areas they have targeted.
At 3B/4B they are waiting for environmental permits, no timeline indicated but I imagine quite soon which would hopefully lead to drilling. Block 1 has seen interest and the farm-out is expected to be launched at the end of August. Finally Guyana, where the farm-out is currently ongoing and one should expect something before too long.
Eco has taken longer to get to this point than most had expected but they have created a fantastic portfolio of assets, with more negotiations still to come. When drilling comes, Eco has amongst the biggest pound for pound exposure to what looks like three of the most exciting postcodes worldwide with equally huge upside for investors.