Member Info for Crazych38

Nobody know... its just the begining of new path in frontier new basin.

in 25-26 if things will be good it will look diffrent.

good luck to us.

This is not a smart idea to drill 3b/4b before drillings in the near blocks... after that drill we will get much more info and de risking for the drill...

i have time ...

You can say what ever you want but i know eco from 2018...

and i think that in the current stage its very intersing position...

yes there are many risk... (exploration)

but i like the potantial..

lets see :)

If you talk about me your worng...

Im sure i know eco history before you :)

When most of the investors here said shes cheap and sintana is just nothing i said the opposite and i was right when everyone was wrong...

maybe you dont know me but im sure that i have much more expirance and knowledge in this than you

:) for me i dont care what eco will do today or next month... im there for the next year...

good luck

We are exploration company so if we have more than 1 block and in the stage of low cost + a lot of % to sell for carry in the advanced stage is good for us...

Dont forget it.

Eco = junior ... the drilling in 2b with 50% was mistake (my opinion).

Now they have block that they dont need to pay a lot of cost to fund it.

so they have time to find a major partner for farmin that will carry us for a drill...

it can be much more short term if block 85 will find oil... (my opinion).

good luck for us.

Now eco have:

Major positions in the orenge basin.

Major positions in the walvis basin.

Major position in the guyana basin.

Shell block and 85 block of azule.... very nice

But something happend :) open your eyes...

Cheveron farm in to the walvis in the middel of the 4 blocks of eco.

S4 the block that total has bid in guyana is in the same place of orinduik just shllower...

So orinduik is worth something .

We have 3 big jokers...

South africa 3b/4b

Namibia 4 blocks with 85%!

Guyana block with 100%!

Https://oilnow.gy/featured/some-winners-of-guyana-oil-auction-to-find-new-partners-jagdeo/

Why majors are looking for bids in the shallow water in guayna? S4 block is very neer to orinduik block... try to find it at googel... "s4 block guyana" (images).

I dont think so...

We are in the support levels...

Maybe to create hub with hammerhead.

1. First of all my opinion that after total farm in to 3b/4b amd we ramain with 6% the shere price fall to historic levels... i thought that its interesting investment with good risk/reward ratio.

And just on the basis of the opertion of 3b/4b block...

All the others was options for me with "0" value.

What happend from that stage?

1. Cheveron farmin to pel 82 in the walvis... and the 4 namibian assets can have value of more than "0"...

Eco have the biggest exposhure to the walvis so they can benafit from farmin... if it will happend.

2. Sintana bought sheres of namibian company at shollwer water in the orenge basin + azula farmin to pel 85 in the shellow water... Its bring me to think that maybe the situation in 2b block is not over after the failure last year and maybe we can mange a farmin deal with carry there in the future... (eco has 50%!!)

3. The guyana block... i looked on the map...

There are several prospect between jetro to hammerhaed so if exxon will farmin to this block (Im not sure about it like others... for me this block = 0 for now) they can drill via shellower targets in the same play of jetro and hammerhead (low api) and in the same time to test the deep targets with hopefully high api... and to make hub from jetro to hammerhead.

From that stage eco was up from 10p to 14.5p!!!!

its 45%! and they its a lot of value on the basis of the speculation of the walvis basin.

We have very good and very big asset in this basin too ....

but why we are not up and we are on the same price???

Its just becouse cameroon... and the point that we are afraid from placings...

Without camroon im sure we are going to enjoy from the speculation on the walvis basin!

Hope to see 1 from this things soon:

1. farm in deal for the cameroon asset that carry us for the drill.

2. we leave the cameroon asset and focus on the namibian and south african assets .

I cant read the artical :(

Https://www.linkedin.com/posts/cl%C3%A9ment-blaizot-297192129_africa-namibia-energy-activity-7192897952548298752-Odnn?

Its ok my friend i replay becouse i think its importent to me to say that i see here here opprtonity (namibia, S.a lisences) but we must to do de risk of the

main risk (Cameroon/deluations)

We hear about it several years and it didnt happend so sorry i said the truth... we dont care from talks and dreams ... and we cant enjoy from the potantial of our namibian assets if we always fear from placings for something that years not happend....

This is the truth and not something else.

.

No im just realistic...

If camroon is so good asset where are this parties?

Sorry that im sceptic for cameroon story...

And its not me that make the fear... its the shere action and the bad placings that make the fear in the last several years...

I see opprtonity in our exploration licencese ...

I see too much risk right now in the cameroon asset...

You think we will get farm in with carry during the next 3 weeks? lets see ....

your funny...

im sorry but if cameroon is so good so why we are up to 90% down?

what you understend that the market not?

you can give me another example in the indestury that company like us go to drill without the money we need for the drill?

where is the farmin?

why you dont ask yourself hard question?

and im just realistic as investor i know that trp have very good assets...

in the current stage we cant afford to go to this journy without partner that carry us...

in namibia and south africa its more easy to try to find a partner that can carry us...

in cameroon not... if yes so where this partner???

i have a lot expirance in this indestury as investor and the only reason that im not going to buy trp more than i have is just becouse cameroon... its too riski for me...

why?

1. without carry we are too tiny to go for it.

2. if we get a loan for the drill = for me its a gamble...

the cos are good? nice but in exploration **** happens and we dont have money if the rig will get technical problem during the drill...

3. for me cameroon = diluation and risk... if we get carry? so it will be good but its too much time that we didnt found a partner to fund us...

And i can give more than 1 example in this indestury of good cos$ and in the actual drilling = bad results.

Again we should not operte nothing... we too tiny for that and we dont have enough money