Member Info for Moonlanding

Surely any further acquisition in Namibia would include BP?

AI is finding oil with a 90% accuracy according to Exxon..I have just purchased another 75,000 at 58p..adding to my 1.7m shares..interesting to see where the sp will be by end of ‘26

To secure a larger share of revenue, the Guyanese government introduced a revised model PSA for newer blocks in the deep and shallow waters. Agreements, such as those finalized for Block S4 (TotalEnergies, QatarEnergy, PETRONAS) and Block S7 (Cybele Energy), include tighter terms:

I expect Eco to sign a new PSA in line with those agreed by the oil majors above.

280,000 UT @ 65p!

Totally agree…bit of a tree shake yielding very little

Don’t worry Starmer and his French mate will keep the Straits open…pair of clowns…….

Robin Mayes.., #ECO $eog.v @EcoAtlantic_OG What a huge transaction 15 years after entering Namibian Walvis Bay blocks. A great deal, full carry, huge upside, optionality and attracting BP into Namibian waters, and this is the least progressed, ‘weakest’ part of their portfolio 💥💥💥👏👏👏

The world of oil has changed…Iran is now holding hostage oil being shipped through the Strait of Hormuz.The Atlantic Margin will produce substantial oil which doesn’t have to pass through the Straits…I believe the value of Eco’s blocks have increased significantly as a consequence of Irans actions

The way the world views oil exploration is changing rapidly as a consequence of the Middle East issues..Geopolitical risk is now a major consideration so steer clear of oil which has to pass through Hormuz straits.From this aspect Eco is brilliantly represented in areas where if successful their oil production totally bypasses this region….,

I totally agree having been invested for 6 years and underwater for most of that time….I have managed to accumulate a meaningful position and will not be selling any in the near term…

Https://www.namibian.com.na/mantashe-pushes-oil-and-gas-drive-as-global-tension-raises-fuel-price-risks

Many of Exxons 30 discoveries in Guyana are in the Upper Cretaceous Zones…Orinduik will be no different in my opinion.

Ducks lining up nicely!!

I believe today’s sp movement is technical reflecting the placement of $10m of stock last Friday.

Retire?

Prospectivity: The Orinduik block, adjacent to ExxonMobil's Stabroek Block, contains over 22 identified prospects, with a heavy focus on the Upper Cretaceous in conjunction with lower Tertiary sands.

Geological Context: The prospects are generally characterized as oil-bearing sandstone reservoirs, similar to the discoveries made on the adjacent Stabroek block.

Resource Potential: A February 2020 CPR by Gustavson Associates highlighted the substantial prospectivity of these zones, with total gross prospective resources for the block estimated at over 5 billion barrels of oil equivalent (MMBOE).

Moving ahead with decent buys ….

Yes, very good news especially the fact that money raised at no discount to existing share price.I am now expecting favourable news from Guyana……

Goodbye Anglat

As part of our Strategic Partnership with Navitas, technical and commercial discussions in relation to our projects in both Guyana and South Africa are continuing and we look forward to keeping the market updated."This is , imo, the most important part of the announcement!