Member Info for Dracan66

Thanks MM for another great find and one that certainly adds creedance to the port development. A crazy few days here whilst we await news and to all the negative posters with an agenda, Karma is a wonderful thing and what goes around........

As Wick is an exploration drill does anyone know the COS? I’ve checked the Reabold site an can’t find the info.

No1.ss could you please provide the link to the confirmation please.

To register https://t.co/NuaRT7e7J9?amp=1

Wednesday 5th September from 10am to 12pm.

MinorMiner, a special thank you as your informative posts were the reason I invested at the beginning of this year. Please keep up your excellent work.

The value of the Lengo asset is between 7p to 11p per share to Coro! I’ll certainly have some of that and with other deals to follow. It certainly stands out that James’s would like to acquire Malaysian assets in the current licensing round.

James Menzies states that Indonesia’s Lengo licence has the ability to dwarf Coro’s current Italian assets by 600%.

Finally we’re off! James Menzies is definitely the right man to have at the helm and his knowledge of the area will be key in progressing Coro from a small cap.
https://t.co/8tngx81iTl?amp=1

Regarding upcoming news, Fiona also mentioned that an update on the 2nd oil tanker was due soon.

JoeC, if my memory is correct SDX get quite a favourable return on their gas as a result of fairly low volumes discovered so far.

Please make that 8.63, Edman has gazumped me.

8.6

I can feel it in the runes!

Cuddothis, would you kindly stop your insessent ramping of Echo and more to the point any share your involved with. I have no doubt that Echo have the attributes to succeed but there are many new investors that are taken in by your high octane ramp approach that I find quite off putting.

MrMarkyB I do like your positivity and have to agree that it makes total sense to carryout further work overs in Fraccion C and D of older suspended drill zones. It seems that if the Springhill formations are being recharged from a largely unknown Tobifera then I suspect the BOD have substantially more on their hands than what they originally thought. Low cost drilling coupled with higher than expected volumes including possible Tobifera play openers, accessibility to infrastructure and a readily available market is a pointer towards Echo Energy becoming a Mid Cap Company in the making.

Marky I agree and I think Echo have taken some of the limelight from Sound with the speed of progress although admittedly Sound have a huge seismic program to get through. Would you or Lonestag move onwards from a play that could be huge for Echo onto Tapi Aike without knowing exactly the full extent of its undiscovered resources? Echo’s Tobifera is possibly loosely akin to Sound’s Palaeozoic.

Carvelo you could be correct in your thinking. But as we know Echo have already indicated via Rns that they are accelerating drilling in Fracción D by substituting Los Joaquineso in Fracción C with CSo 111i in Fracción D which therefore indicates a level of agreed flexibility in the drilling program. Obviously it’s just my opinion but should this prove to be very successful I think there’s a conversation to be had with CGC.....Panthers video 5mins 40 secs onwards.

The fundraise for Tapi Aike saved 7 million dollars and in my mind was an excellent deal although the market thought differently. I know it’s very early to speculate as we’re still at the drilling and evaluation stage but to continue exploration within Fracción C and D would surely require additional revenue. Maybe if the results are beyond expectations then there’s a deal to be done with CGC. After all it’s certainly in CGC’s interests.

From a financial perspective would Echo have the cash in the bank to continue unlocking Fracción C and D. Fiona also mentioned stimulating the well Ems 1001 and that in itself comes at a financial cost. Further drilling across Fracción C and D is perhaps a positive conversation that Echo will have to have with CGC.

I think that if the next well to be drilled in Fracción D, CSo 111i targeting a large gas structure in the Tobifera is successful and then the wells to be tested in July also prove to be productive then Echo are going to be left with a very nice headache. Yes they are in the process of signing agreements for the forthcoming Tapi Aike seismic but surely they would want to continue with proving up and bringing to market what seems to be an overlooked and possibly rather large Tobifera play that extends over Fracción C and D.

Thanks panther. Great to hear Fiona say that the Tobifera in Fraccion C and D can go some way to rivaling Tapi Aike. Wow!