Member Info for Justathought

Https://x.com/EcoAtlantic_OG/status/2025888884857405578

JHI have a 10 year extension option on the license.

200 million valuation was on WTE, just realised, well it would.

Full announcement by Navitas is expected by May.

I don’t believe our new partners will leave us out on the 1st venture since our agreement or is this a one way contract in which we have to only give Navitas an option on a new block 🤔

Can only go by what the Seismics think are in the block, 3.1 billion with 2 x 400 million barrel drills.

So we get the block or don’t we (pie in sky) must mean all the blocks then until drilled, except Joe and Jethro Appraisals 🤔

JHI valuation, it as been mentioned 200 million yet I don’t know currency or where that came from, I think now all they have is Falklands and they have no cash as they stopped reporting cash balance.

This is it Falklands I posed a question tongue in cheek 400 million shares and nothing not a titta. A bit of cash and some shares and a large chunk to ECO. They would want ECO to succeed holding shares. We could get a good deal and best deal for all parties.

This must be on the table, Navitas needs to do the due diligence and I hope they insist on ECO taking a large slice.

As ever time will tell, good fun though 😁

I think it could easily ten bag to £4.30, getting a nice slice of Falklands rhubarb crumble (my fav) say 17.1/2 % or half of JHI percentage that’s 70 million barrels @ $30 in effect £4 a share for one 400 million barrel drill. Sure it can though can we wait to 2029 yo live a life of luxury 🤔

Hi InJameswetrust,

I was thinking would they need the money for some further involvement in Falklands or other and would the investors buy the warrants to make this happen.

A lot of things happening here and yet no concrete news.

Would love it if a cash and shares payment and 6% back to JHI forges a deal in the Falklands for a large percentage of block PEL001. 2 x 400 million barrel estimated drills for starters, that is worth having a percentage and fills a gap with South Africa timeline up in the air.

Overthinking as ever though not without possibility with our alignment with Navitas.

When is this likely to happen now that 40p is gone 🤔

44.5p to buy 44p to sell, now stop trading and can’t buy.

In 2019 the Sp was over £1.50 after the finds in Guyana. Then the disappointment of Tullow advising the finds as none commercial heavy oil.

So the Sp on drilling a oil find (appraisal well) that Exxon as showed is commercial and with 20% this time around which offsets a few extra shares I would say the Sp could be a pound with multiples on FID.

The amount of catalysts in this share and we have a banker winner in Orinduik to start, can’t make it up, and with everything else going on around the blocks ECO have, the price will just keep going up.

If we get a nice slice of Falklands on top of that, well I may be staying longer than £2.

Worried about a bid before we get started, lots of talk on M&A oil replenishment with the big oil and gas co’s.

Be so disappointed if we don’t see this story unfold.

Block 1 CBK is a gift, look at its shape, like a nice piece of cake. Wonder if anyone as been knocking on Gil’s door yet.

As soon as South Africa play ball, this is the major issue.

Guyana, Falklands and Namibia still look like big pies 👍

41.5 to buy

400 million shares and 6% of company owned cancelled for 25% of the block PEL-001.

Could work for all parties

And we are looking at -

Active Licenses: Eco maintains an 85% operating interest in three offshore Petroleum Exploration Licences (PELs 97, 99, and 100) in the Walvis Basin, covering over 22,893 km².

Target Areas: The focus is on the Cooper block (PEL 97), which contains the massive 882 million-barrel Osprey lead, and the Tamar and Guy blocks, which are considered high-potential for oil.

Strategic Shift: In late 2025, Eco sold its stake in PEL 98 (Sharon Block) to focus resources on the deeper water, higher-potential acreage.

Data & Exploration: Environmental clearance was received in June 2025 for 3D seismic surveys on PEL 99 and 100, with data reprocessing underway to identify drilling targets.

Partnership Seeking: Eco is actively pursuing farm-out partners to fund future drilling, leveraging the increased industry interest in the region following major finds in the nearby Orange Basin.

African Energy

African Energy

+7

Outlook

The company’s strategy for 2026 is to fast-track these prospects toward drilling, with the licenses allowing for optional extensions up to 5 years beyond September 2026. While no commercial production exists yet, the acreage is seen as a key part of the expanding Namibian oil frontier.

Just noticed TSX actually opened 0.75 or 41p, now 38p.

Won’t be long before we are in the 40’s, time will pay.

Why bother elsewhere if Tanzania was the Helium dog it was hyped to be, Qatar will be producing enough Helium for everyone very soon 🤷🏻‍♀️

Sorry that’s :

We see significant recoverable gas resources, particularly in the southeast part of the Stabroek block,

It is worth noting as never been mentioned on here :

Worth $7.35 billion at source

$22 billion LNG

Obvious major costs in production and transportation

Funny how the article advised in starboard south west area 👍

Https://www.argusmedia.com/en/news-and-insights/latest-market-news/2789773-exxonmobil-touts-guyana-s-natural-gas-potential-next

Hammerhead Gas just like Joe and Jethro with 2.45 Trillion cubic feet supposed to be in Orinduik

Having an effect, stuttered to 40p, lets have it passed.

SETS pre-news

Could be interesting trading today

Not what I was hoping for yet this gives a better trading platform:

Easier for funds to buy/sell

Higher Trading Volumes

Better Visibility

Supports re-rating which is happening

Ducks lining up well, let the fun begin 😁👍