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Any idea why QP was omitted from today’s RNS with only Total and Tullow (operator) mentioned?

QP were mention in the RNS on the 12th when they announced the Major Oil Discovery. I am sure it’s nothing, or is it...

Tbh the longer this campaign goes on the closer we are to the next campaign. I am not wishing this time away, I am really enjoying the ride.

To say I am comfortable is understatement, and when you consider the share price performance of RKH and GKP in the proceeding 18 months following their initial oil discoveries, you can see the future upside potential here.

I am expecting a technical update which will upgrade the best estimate on JL-1 and disclose additional data such as API results following the samples being sent to the laboratory.

I think we can also expect an updated CPR due to the additional currently undisclosed targets being brought into the equation. We will also see the likes of hammerhead being re-rated to reflect what they truly believe is present in our block.

With the new campaign promising to deliver a number of appraisal wells and additional exploration drills. We can all see how relentless the news flow will be from Guyana, not forgetting what Exxon and Repsol will deliver.

This is why I will continue to add to what I consider to be an undervalued share with obvious indications that other individuals and/or institutions are doing the same.

Not to forget that this is an attractive takeover target to those already present in Guyana or who are blocked from bidding for additional blocks in the area until at least 2020. My money is on the Lundin Group sniffing around, but this will come down to a bidding war and the biggest fish will win.

Joe-1 can be played at zero risk to current market cap if you all going into next years campaign. I’m all in!

When you consider Joe-1 as a wildcat exploration well that has been chosen on the basis of the same analysis and data they had for JL-1, it comes as no surprise that the market is continuing to re-rate this stock.

If you consider that a successful Joe-1 well would propel us towards £3 or a duster sends us back towards 110p, it’s perhaps the most straight forward decision I have had to make in my investment history, and I believe many including institutions feel the same way. This is backed up by the incredible demand for stock.

JL-1 is likely to be significantly bigger than first thought and with next years 1/2 appraisal wells largely derisked during a similar appraisal at Hammerhead, it is fair to say that JL-1 as a stand alone discovery going into next year would quite easily underpin the current market cap plus some. You then take into consideration the additional exploration for next year and you end up with a share price well in excess of today’s share price.

So my point is, irrespective of what happens to the share price in the short term in the event of a duster at Joe-1, you are effectively playing the upside at zero medium term risk.

It’s a no brainer, further significant gains in the next month or so, or a recovery and significant gains within the next 12 months.

Sit back and relax, it comes as no surprise why the chart is suggesting this is heading to £2 before Joe-1 results imo.

This is a very difficult share to trade as they will take you stock but won’t give it back very easily. Best to sit on your hands and add when you can. Imo,

TSX has taken off again 147p

Where do we see the support levels on the chart guys. Would be nice to see a bit of consolidation if the share price fails its continued March forward tomorrow. Some have mention the Fib levels?

The market makers are happy to take over 100k off me above the bid price too. This is going back up!

For as long as the trend is your friend, we find little resistance. 190/200p and some consolidation is on the cards.

So Berenberg currently value 15% of the block at circ. $500m. Imagine if they find more oil.

On a recent podcast Gil made a direct reference to Africa Oil and the Lundin Group saying funding is not a problem. When I have my speculative cap on, it makes me think that with AOI already owning 19% of the company, could the Lundin Group come knocking. Looking at its vision and strategy, it wouldn’t come as a surprise!

£1.58, big day tomorrow

At one point it was 2.75 to buy in Canada, something is brewing!

Olderandwiser - No placing intended, from the horses mouth.

Sitting at 144p equivalent and if it wasn’t for the Italian PM resigning this would of gone on to retest the days highs Imo.

Would be great to see the TSX take the breaks off and set us up for a solid day and breakout tomorrow.

190p before Joe results would be fair value imo.

Let them trade it, this will break 142p and then head to 170p for starters, market has not priced in a 55m net discovery at 98% net to gross over 20 to 22km2. MAJOR DISCOVERY.

Excitement, not ramp.

This looks strong and I wouldn’t be surprised to see this break the ATH at 142p and really pick up momentum.

Any update on her position?

I think it is a British characteristic to not be happy for a person/company. I put it down to jealously, as his/her comments would suggest that he/she shouldn’t be investing in the stock market if you really have to ask a question like that.

It’s a known fact that a large proportion of private investors lose money, keep that door shut!

Ordinarily I would have my reservations about dilution following a successful exploration campaign, but we are fully funded for a further six wells over and above this years planned campaign.

With plans for further exploration and appraisal next year, I don’t believe that they will commission more than one drillship. As such a six well campaign, back to back would last 6/12 months based on current lead times.

Tullow oil will be keen to prove up the resources in the block so as to maximize its value as part of any farm down that they have already implied that they are keen to do. This again will help Eco maximize shareholder returns over the next 18 months.

We have two partners in Total and QP that have extremely deep pockets and I believe will want to have a bigger slice of the pie. With Hess Corp. projected free cash flow, it wouldn’t supersize me if they come knocking in the not to distant future. I see this playing out as a bidding war, patience will be rewarded.