Member Info for lonestag

There still 1 drill and 5/6 work over to be done.....then focus will turn to turning these finds into producers to provide a revenue stream for the drills on Tapi Aike...so I don’t see the need to raise cash again this year...

With all the potential and the Mcap is only 73.85mill.....still lots of room for the sp to move.....mid cap company is what they are building and if all flows as expected we are all in for a nice return

Latest news has just derisked this share...the cost per barrel is minimal as there is a pipe line close to the well and there is a lot of capacity in the refinery....Echo have told us thst it can be commercialized within 4weeks afterflow testing...I would advise pi s to go on YouTube and watch the presentations...especially the last one posted

Mayb we will get another rns tomorrow with info on the second work over where a submersible pump was tobe installed??? to keep the good news flowing into the weekend

Oil is the next target and if it hits...the sp shld recover nicely 😀

See our latest presentation on the Los Alamos X-1 (ELA-1) well here: https://www.echoenergyplc.com/media/1412/ela-1.pdf

There no election this year...its next year for Argentina https://en.m.wikipedia.org/wiki/Argentine_general_election,_2019 List of election in 2p18 in Latin America https://www.as-coa.org/articles/timeline-2017-and-2018-elections-latin-america

The question is.....do you think the Co would raise money if they did not expect to release good news?for e.g....sucessful flow test...shortly after.....

I m expecting Flow rate results this week for W01.....

See link for Fiona options http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ECHO&ArticleCode=cz5sdevx&ArticleHeadline=Issue_of_Options_and_DirectorPDMR_Shareholding

TA drills will hopefully be covered by the potential production from Fraccion C & D and the current production that is already established so should be no need to raise capital via a placing

2,000,000 shares purchasd at 13.25p according to the update RNS on 28th Feb http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ECHO&ArticleCode=adxpvha8&ArticleHeadline=Block_Admissions_Issue_of_Options__PDMR_Holding

Did you look at taking out a loan and repaying via production revenue rather than share dilution, if so why was share dilution thought to be the best way forward. Were banks/institutions not willing to lend for a stake in future revenue. There been alot of Co's which too out loans instead of dilution and have gone bust because of this.....Xcite Energy to name 1 Co who went in this direction.......if iis are willlig to hand over there money without real security which a loan would require...that is better way of raising working capital and also there is no future interest payments to be paid imho

what questions are peeps gonna ask? or does any 1 have question s they want to ask but have n t registered?I can ask them..

i expect news by next week on WO1 flow rate and the spud of Ela-1.....to me this seems to me get the negative news before the good....expecting 13p+ by end of today

Good to see a CEO not hiding from investors after a raise......todays news is good,even though short term it is a dilution but a company can not be built on nothing....and atleast the money is going into the core operation and not on execs perks

9 days from spud

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ECHO&ArticleCode=uog0jkc5&ArticleHeadline=Gas_Discovery_at_ELM1004

will this also mean that tapi Aike drilling campaign will be sooner that forecasted

"to secure favourable current pricing terms. The Board expects that committing to Full Tapi Aike Seismic Programme at currently available terms would result in cost savings to the Company in excess of US$7 million over the previously expected costs over the course of the programme at Tapi Aike. � that is some amount of saving for company with echo current mcap