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Sounds like our market cap once Falklands is producing with others.

A while back I gave this date for peace in Middle East.

Looking at the news and oil price back down to $88, looking good to getting things back to normal.

Heard middle of June a lot, sometimes we just don’t know what the underlining reasons are for these things to happen and knowing the middle of June.

It could change again though this date has been stated a long time here, I think this is the real deal.

ECO has suffered since February in which all stocks have seen downward trend.

Think a few stocks will get back in to order, ECO for one and I like RKH which I am still waiting to get in.

Could be turning point from here, back up to the 70’s with news from Guyana expected with drill dates hopefully early next year getting us to £1.30 - £1.50.

Disagree on timeframe for Iran, my reasoning is that they will very soon be shutting down wells with no available storage.

Shutting in a well is fine for a few weeks, prolonged shutdown can do a lot of things, lose pressure, clog the well, equipment corrosion.

As the Americans will know this, the only point is do they continue the blockade, that is the issue.

Fingers crossed they see sense soon.

ECO have issued so much news from December 4th since Navitas.

We are all aware of Guyana and South Africa, 3 of our 7 blocks.

Our target news is Drillings and Production, hopefully the terms of Guyana will include drilling dates end of 2026 or early 2027.

Am sure as soon as South Africa pull the finger out Total will drill. Can’t see any timeline yet.

The other 4 blocks will be drilled within a year.

Share price drop from 70p to close to 50p is Geopolitical with Middle East war.

ECO and a lot of other shares are drifting down because this is yet to conclude.

A lot of change in Middle East since initial bombing. Some real anticipation that June will see the straights open.

Straights Opened and bargain shares being picked up which include ECO.

Guyana News and drilling dates hopefully the team have these pencilled in early. We know rigs are short though surely since December when applications went to Guyana the need for a drilling rig was evident and so I believe the team have this ready.

£1.50 pre-drill.

The 1st 6 months have seen major change.

A lull for 2/3 weeks with Geopolitics.

Next 6 months £1.50

Hold tight.

Yes, think we have said everything we could say about ECO and pleading with Gil for news instead of a “B” from the Mrs is a bit different 😆

I think we will see the other “B” today - A blue day, this is going to low with imminent news and drill dates, keep smiling 😆

The last word was B-ll—king 😆

Above 70p when this news arrives and drill dates

wish gil would sort out the orinduik update, it’s been progressing well for 6 months that’s great, yet it doesn’t stop my wife from checking the share price and from being excited to starting to give me a ********** 😆

Until this war is done the stock market is on a downward trend. If we don’t see news from Guyana or South Africa with drill dates I can see it moving further down.

Any additional block/s in Namibia is a plus.

The price can change in an instant on news and we don’t know when to expect it, though no doubt on firmed drill dates this will zoom.

Time is all that is needed, wouldn’t worry about anything else.

Forgot to add that’s a P/E of 10 which I think it should be with production and reserves.

A higher P/E on multiple successful drills and reserves with a lot higher share price.

£6.43 per share just for 2 analogue drills of sea lion in Falklands.

If producing 35,000 barrels per day of 100,000 barrels production with Navitas 65% and ECO’s 35% at a price of $30 a barrel profit after costs with 444 million shares in issue and 260 million barrels in reserves.

That is just 2 drills in Falklands without adding any Guyana, South Africa or Namibia.

From a geological and fluid-composition standpoint, ExxonMobil's Hammerhead, ECO’s Jethro, and Joe discoveries are all Tertiary-age deposits that share very similar characteristics. They all consist of heavier, lower-quality crude oils typically in the 12° to 15° API gravity range.

After Hammerhead FID it is a no brainer, we have oil to produce, just a waiting game before lift off

No date yet it is immanent, looking forward to interpretation

FPSO Aoka Mizu Is going to Singapore probably Keppel yard. Lads in Dubai from Bluewster are mobilising to new location.

New FPSO ordered, brings Falkland island as a fast track operation. Hopefully an early drill in PE001.

Have some much news still to come, once we know drill dates the price will be well over £1, static without further news though it is coming.

A lot of projects outside Middle East are being fast tracked.

Hopefully Guyana will be same when we get extension and drill dates.

Once BP approvals are through I expect immediate Seismic's.

Likewise in South Africa upon approvals and Falklands Sea Lion is already looking like being fast tracked and with that possibly another partner and expect PL001 to be part of the forward looking plan.

Talk of Rockhopper being taken out, maybe a super coming into Falklands, as previously stated I think this will be a new oil and gas hub.

Share price well it’s bouncing about with little movement on little volume lately, expect news once the volumes change, think latest for Guyana is September yet this could be anytime and I expect a major jump as this will also give us our 1st drill dates from these blocks.

Sorry guys

8 x £1.71 - MK 1.47 Billion (Not £1.17)

Yikes Paid 🤦‍♂️

Hi Guys,

Still not invested though obviously hope to be soon, I see the potential, with that a bit of clarity. Am sure you have worked out what is ahead, this is what I see.

Loan is $102 million and at 17,500 barrels production @ $50 per barrel the loan is payed in 116 days (4 months)

And with the 17,500 production and oil in place the following fair value is as per P/E multiples below:

5 x £1.069 - MK 922 Million

8 x £1.17 - MK 1.47 Billion

10 x £213.8 - MK 1.84 Billion

12 x £256.6 - MK 2.21 Billion

Obviously phase 2 and phase 3 will push this a lot higher.

Very good reasons to takeover earlier than later.

Hammerhead will be producing 150,000 barrels per day early 2029 which is the full capacity of the Essequibo 1899 FPSO they will be using.

Let’s get our own, as I am sure we will be producing a similar amount from Jethro.

Read somewhere that Jethro was 600 million barrels with 20-30% recoverable though Hammerhead is 455 million barrels recoverable so not sure about the 20-30% ratio as Hammerhead must have been some find 🤔

Aoka Mizu, is going to Singapore maybe one of the Keppel yards. (Lad I know not sure of exact location yet) Bluewater team are getting ready to leave Dubai with everything they needed moving from Dubai in good time for arrival.

I am watching developments invested in ECO not in here yet, though I do think you have a good 150% gain coming as we get towards the end of the year, earlier if a buy out.

Hi Mirasol,

Was mentioned, though no timeline.

The Johnson gas field has been explicitly mentioned and targeted for development. Operator Navitas Petroleum is heavily focused on unlocking the broader North Falkland Basin. The Johnson discovery—which spans both the Navitas-operated PL001 and PL032 licenses—is closely tied to the massive adjacent Sea Lion development.Track the latest developments in the Falkland Basin on the Navitas Petroleum official site, or review broader updates on the Eco Atlantic investor relations page.Here are the key details regarding the field's status:The Navitas Strategic Farm-In: Navitas holds a 65% interest in license PL001 (alongside partner Eco Atlantic), which holds a significant portion of the Johnson gas discovery.Basin Infrastructure Connection: The broader development strategy for the basin relies on infrastructure being built for the massive adjacent Sea Lion oilfield. Because the Johnson discovery is directly adjacent to Sea Lion, Navitas anticipates utilizing shared basin architecture to extract and deliver commercial gas and oil accumulations.Timeline to First Oil: Navitas and partner Rockhopper reached a Final Investment Decision (FID) on the greater Sea Lion project complex, with Phase 1 "first oil" scheduled to flow in early 2028. The broader resource play, including gas deposits such as Johnson, serves as a central component for expanding basin production