Member Info for Diversified

Hi Noix,

That’s fair enough Noix, so bottom line, am I right in thinking the Stena Forth drill location isn’t being disclosed? I am confused!! I appreciate any help so thank you.

Morning guys, I assume you guys pay the subscription for live access, thus why any information I can find on its location dates back to April?

Any further update is on its location? From arrival, how quickly can they Spud if the rig and crew are hot?

I can’t find it’s live location, does this suggest that due to the sensitivity of its position the drillship location is not updated?

I find it hard to believe as this would be dangerous surely?

On the weekly we seem to have broken out the intraday downtrend from Monday now that the profit takers and traders have gone.

Thank you market makers for your cheap shares ;-)

No intention to do a placing, presentation to simply update market on discovery.

Sorry, out, so can’t check that claim! Is this an opinion, march? Where does that statement come into it? Speculative, opinion? Thanks in advance

Not been able to look into it, anyone know why this presentation has been put together?

It won’t be long before the reins are let off this one and imo this will be the day, trump is busy tweeting to support the markets, the US is reaching oversold territory and article I posted earlier speaks volumes for forward market returns.

I have increased my position every single day this week and will continue to do so on any weakness.

https://www.marketwatch.com/story/after-the-yield-curve-inverts-heres-how-the-stock-market-tends-to-perform-since-1978-2019-08-14

Confirmed that this was sold in 2016.

Liquidity and direction has always been led by the U.K. exchange traded shares. Your reference to volume is a classic example of this.

For me this has become an Investment and not a trade as I want to be involved in the ambitious 1H appraisal and exploration campaign which promises to yield significant returns to those who are patient.

In the past I have attempted to trade to gain free shares in other stocks with not a great deal of success and given the news flow during this extremely busy period, this definitely applies here.

From some of the trades over the last few trading days we can see the institutional investors are mopping up the private investors shares, the same will apply tomorrow if we have a shake, and I will also oblige.

Should it not of been for the market sell off this would of been considerably higher and therefore for those who are able to take advantage, lucky them.

With oil in a bear market, you only have to look at Hess as the top performing oil mid/major in the US with a 47% return for 2019. It still has a strong beta and therefore correlation to market sell offs but by comparison it holds its own pretty well. I think this speaks volumes for the quality of its assets specifically in Guyana.

For Eco, all they need to do is continue to find oil and provide technical updates on best estimates and quality of crude (API) which will help underpin the share price and drive it forward.

Ok thanks AHP, site needs to be taken down.

It even has our logo, have we been awarded a new block? Gill has said how much he likes to work with TLW, has this relationship helped with this?

Www.ecoatlanticgh.com

What is this?

Berenberg have increased their target to 200p.

I believe that these types of shares come around once every few decades, we had RKH and GKP which were good for the first few years in terms of return on investment but got bogged down in amongst political turmoil following a war, contract disputes and for Rockhopper a declining Oil price and lack of Major able to fund development given the high cost of extraction and development.

I consider Eco to offer similar returns on investment but they will be sustainable, as this world class asset has a $25/30 break even point given the attractive PSA agreement. Respective security in abundance from the shear fact that the likes of Exxon, Total, QP, Hess et al. are present.

Yesterday it was discussed that with a total of 15 prospects likely increasing to 26 prospects to target in a block adjacent to what can now be considered as 16 drills and 14 consecutive discoveries, the high COS due to the fill and spill theory being proven makes this one of the last world class exploration frontiers in the world.

So to consider the Cos, number of prospects in comparison to other small E&P companies, the low cost of development and appraisal when considering the quality and porosity of the discovery contributing to low drill and development costs. It has just about everything going for it.

So do I believe given the initial discovery that ECO is now fair value, No! Why? Well given the above and I really could keep going, throwing numbers at this to support my argument such as 4 billion barrels. JL-1 has exceeded expectations and we await a technical update that will upgrade best case estimates and provide further detail on the API etc. Currently, the market is attributing no value to Hammerhead which in itself could be worth 40/80p following unitization talks. If you dig a little deeper than the CPR and done a bit of in depth research you would find out why. We then have all these remaining prospects and amazing 3D data that has come in on prognosis with Total’s supper computer to boot. No value attributed to this stock for any other prospects outside JL.

Now I recognize this is a different market to 2010, but when the market truly wakes up to this opportunity like the institutional investors that are currently accumulating and the private investors that have sliced a deserving profit given the risk they had taken, 200p is just for starters.

GL all.

Anyone had any communication with either Tullow or Eco as to when we can expect initial evaluation results from JL-1 to provide first numbers on size of prospect and API from fluid samples?

With respect I understand that appraisal results will provide a clearer indication of size of field but they have said themselves, they don’t expect to have to do much appraising due to the 98% net pay within 56 meters of sand. It should make putting a number on this relatively easy by comparison!

It was a contractual obligation under the terms of their contract with the Guyana government to drill into the Cretaceous which was just below the discovery.

General market sentiment is restricting the potential upside, but I strongly believe when the day traders disappear which I think they almost have given BB activity across the board this will start to rise slowly into Joe. This consolidation after such a rise is healthy.

I haven’t sold a single share, this will just get bigger and bigger. Assets already underpin the company and those that were in have taken the risk that has led to a return and comfort that we can relax, just patience required now.

The pure and excitement and happiness taken from Gill’s body language and how he articulated himself during that interview is nothing short of impressive and a massive tell to the market that we have so much more to come. His bouncing off the walls and so he should be, he recognizes the potential of the basin, he knows himself how undervalued the company is now given the sheer potential of the basin.

This is the best oil play on the market, amazing!