Member Info for Maverick7

Https://www.linkedin.com/posts/oilnowgy_ecoatlantic-jethro-orinduikblock-activity-7387444477461954560-l2vp?utm_medium=ios_app&rcm=ACoAABL6DGoBcFtRN-EgVYpcwe_U0UOgpfm2pjY&utm_source=social_share_video_v2&utm_campaign=copy_link

Pocket money

RKH went from around 9p to the current around 77p in quick time. However, Gill needs to start getting the deals done.

I’m just wondering, if all the delays hinge on Exxon discussions around Hammerhead

Licence extension - will happen

Dilution - not at the current share price

Farm out - discussions ongoing

Drill date in Guyana - some time in 2026

Https://www.linkedin.com/posts/oilnowgy_hammerhead-naturalgas-oilandgas-activity-7385292025107070976-7mCF?utm_source=share&utm_medium=member_ios&rcm=ACoAABL6DGoBcFtRN-EgVYpcwe_U0UOgpfm2pjY

It’s “unappreciated” by the market because ECO & Gill are tight lipped, they are saying jack sh@t. They need to state what’s happening in black and white in a RNS.

There is stuff going on in the background, everything set up.

Just need that blockbuster RNS and farm out confirmation

Is is possible that ECO don’t need to drill another well in Orinduik by January-26 as there is already a discovery on the block that is being monetised i.e. FID for hammerhead

Https://x.com/raidertraders/status/1971241836967780476?s=61&t=Ls59QCPJlmgnRyxPu2tlVg

Are they prevented due to ongoing farm out discussions

Hopefully the start of news flow, start small and get bigger updates in the next few months

“Hard on” because Guyana has proven oil, we have 2 discoveries, we have oil in our block (Hammerhead), and we have multiple stack level plays to aim at. If that doesn’t give you a “h@rd on” - I don’t know what would financially speaking of course

The new slide on Guyana timescales and drilling options is likely to put some shareholders off, you could interpret the “funding” as ideally via the farm out process or worst case via “share dilution”. Hopefully by then the share price should be higher but looking at the potential drilling timescales with South Africa Block 1 and 3B/4B, Guyana would be first. This is likely creating uncertainty and that can only be subsided by confirmation of farm out by Oct/Nov 2025. If no news by then, it will be via dilution?

Good or bad - shares suddenly tanked 1p - market makers trying to trigger stop losses

Loose change

Luckily i sold out ages ago but still at a significant loss, wonder if Andrew Austin ever sold as he was an early buyer

Looks like Gill has delayed any Guyana and possibly Namibia farm outs due to Hammerhead Final investment decision. If the latter goes ahead, this can only be from a position of strength. He may have played a blinder here

Https://www.upstreamonline.com/field-development/modec-secures-coveted-exxonmobil-fpso-deal-in-guyana/2-1-1809030?zephr_sso_ott=w3byOq

Come on Gill tell us what’s happening - good that FID for hammerhead nearly at conclusion - link from X - Raidertrader

Just research the record of the board - it tells you everything you need to know - its not great

Https://x.com/ecoatlantic_og/status/1905648657602425009?s=46&t=MBYic9RoXAbjg0gE0CfGeg

With all this positivity around Guyana and the new US administration ,it beggars belief that we are at 8p. I can’t believe there is no news on Guyana farm out and what’s happening with hammerhead?

Also someone dumped a significant amount of shares a few weeks ago, what was that about, who was it - ECO don’t even know