Member Info for MrMarkyB

Very nice RNS, looking forward to time with the team today

You wouldn't think we have a drill progressing.........no chat, little trading........the past and JP connection hurting!!!

All very strange buddy

The link shows CGC drill success

https://www.cgc.energy/img_tmp/20191120155045-19.pdf

Gives confidence on their expertise!

A nice end to the week on a blue, just under 10% rise, hopefully we will see growth in the SP now. Looking forward to 'Time with the Team' shortly and any additional RNS's that may arrive...GLA

So do we have a regular 500k seller, shorter or will they soon be cancelled!!

Nice one, I did email Sarah the other day and she said they were looking at dates/times, allowing 2 hours for it as well.
Will put that in my diary.

Well said WT

I topped up a while back mid 2's, nice to see steady buying, easier to sustain the raise, long may it continue.

It is a good over-view of TA that presentation video, some good buying today, hopefully this will continue until news in 4 weeks time, be nice for a result before xmas!!!

TA was always the big play here! two vertical sections...3 plays and this is the first drill. Three more to go, look forward to the news flow ahead.
They will be planning the work-overs on the new asset as well....so plenty to come

Great that we are finally underway with TA, the board becoming more vocal, let’s hope the SP starts to rise.
Will be a tense 4 weeks ....GLA

I have done a bit of research, I’m quite interested in the drill plan, these are directional drills I believe which can give increased area of the play zones rather than just vertically downwards. Would love to see the full plan

Yes you should try to email the BOD, they communicate one to one

Agreed WT and NY

There must be a strategic reason they are drilling two vertical sections with what the seismic shows. Just been looking in my book and if they are directionally drilling what is known as an extended reach well this can be significantly distance from the vertical plane ie horizontally, the record is more than 6 miles!! We know the TD is Total Depth of well (from RNS), if we knew TVD (True Vertical Depth) we may have an idea how far apart each play is.....would love to see the seismic....shame no posters available ref previous drill plans at the events!!

It's great that if required hydraulic stimulation will be performed after the drill and not 6 months down the line. CGC won't mess about with their 81% interest, I wish the BOD would share some pictures on Twitter or a Video of the drill in action, it does feel that we are blind!! GLA

I guess we should soon hear news on the second drill location on TA, if the rig allocated entirely for the campaign come 4 weeks it will be mobilised to the next location with little down-time (unless a short xmas break) idle machinery doesn't earn or give the potential to earn money.
With the new asset, drill, identified work-overs and not forgetting Bolivia we are entering a busy 6-8 months for ECHO Energy..GLA

We all love a spud! GLA

Hi WT
I do agree with much of your statement. I would have concerns with an other M&A that resulted in greater dilution, if we could squeeze some value out of Bolivia that would be great but the country very volatile at present and the results from Repsol and Shell not all too clear.

The investor event I found very informative, a good narrative on TA by Julian but the most intriguing/interesting information I took away were the drill plan posters, these were not made publicly available on social media (twitter) or echo's web site (I took pics myself to review at home). Luckily for me the event was reasonably local, I am in the depths of Devon and only had an hours drive, and an added bonus with few attendees there was spare wine and we all took a bottle home, I still have mine unopened and signed by Juilan and Will and I hope to crack it open to celebrate a good return one day here!!!

Perhaps they could produce an online version this time, a 'Time with the Team' event maybe worthy soon.

Much suffering has come from the misery at sou, now if that was successful things could well have been much different here now. I just hope the spud still goes ahead as planned in Q4, waiting for the start of TA been a long wait.

MrMarkyB