Member Info for MrMarkyB

Stop panicking Noah...lol....Price holding well

So much news flow and potential news flow to come here.....good times coming soon hopefully..!!!

Its my guess that the 1st drill completion and WO 1 test results around the same time 23rd, the ESP may come before then but no timescale given on installation time of this as yet. They must also be close to awarding the Seismic Contract for Tapi Akai also.

Charts are one thing but like all investments do your research on the company, echo are great on informing investors, the events they put on, they are very open to emails, so if you want to ask them you know what to do!! Not sure when their next Q & A session is but I’ve attend them and asked several questions. Tapi Akai looks phenomenal!! Watch the video where Julian explains the geology! From my recollection Fraccion C and D the drilling etc is in the Springhill and Tobifera formations, however in Tapi Akai these formations are too deep to drill, as they were pushed downwards in the creation of the Andes mountain range, these are known as “Kitchens” to geologist where the gas now migrates from upwards into the drilling range! Drills were done in the 70s and gas was discovered but they were looking for oil so it came to an end!! This thus reads as potential massive reserves of gas to tap into! Multi TCF! So watch this space! Good times hopefully coming!!

That figure reiterated by Will at Exeter! only a year away from that spud! But then that’s 1TCF! Could be 2,3,.....who knows. Julian’s presentation regarding the geology and the “kitchen” very interesting! And the fact gas was discovered in the 70’s! What’s not to like!!!

Until they release any info we won’t know

I would say its due to several factors the landscape above and below ground which makes it more complicated thus costly. It may also be that the play is deeper, the formations much harder, many factors I guess

They are playing Bolivia very shrewdly, and yes much more expensive, not 100% but I think repsols drill maybe +6 months I heard a figure of around $15-20m to drill, but maybe wrong

From what I can gather drilling is currently progressing around our Bolivia Asset, if they are successful it will reduce the risk to Echo, so I believe they are waiting. They are obviously playing their cards close to their chest reference the seismic data because I think it is completed!

*sq/km

Morning Noah, I went to the recent presentation and it was clear that these 4 drills and the work-overs are to increase revenue stream for the company to cover running costs and reinvest, if successful this will prevent dilution etc, so much depends on the success of these. The big play here is Tapi Akai, the tendering process is well advanced and they intend to shoot 1200 sq/m at the rate of 3-400 per month. Factor in processing the data, well planning and licenses I believe they hope to be in a position to spud mid 2019! They are also looking at other opportunities as well. I am very comfortable here with my investment and the next few months leading into Q3 hopefully good for all of us.

Indeed, 15p would be better

At last nights event it was said that the drilling is quicker than expected so you never know when news could land! The geology talk from Julian very informative and recommend when the recording available on you tube you watch it.

Give it a few weeks or a month or so these prices will be a distant memory

Just watched that, 50-60p would give Mcap around £240mil which realistically in reach with the four drills if successful! Especially the oil well with current oil prices

I attended the event last night and boosted my confidence with this share. Similar content to the Newcastle event but different questions asked, free chat was easy and open approach. Would recommend investors attend one if you get the chance!! The Argentine crews would very quick so I don’t think it will be long until we get updates on drilling operations!

And at end 2017 approx. �20 mil in bank

I suggest you watch the Newcastle presentation, revenue on these wells keep a company running unless you prefer ones that dilute to cover costs ....carry on! Come to the event in Exeter tonight and hear the updated story! Hope to see investors there!!

Great to finally see the 4 well back-back drillling campaign underway!!

Great news