Member Info for MrMarkyB

Sentiment with Echo is changing, many new posters on this board, the mcap has been supressed for along time.
Good news today but much better news hopefully on the horizon but every little helps.
GLA

Absolutely agree, a commercial discovery and this will blow. Plenty of news flow to come.
This gas deal very positive but lets not forget the rally on Brent Crude sitting at $51.60.
What's not to like here.....GLA

Was expecting a tr1 but still good news! Onwards and upwards

Hope the seller complete now! Brent just creeping past 51, all looking good at the mo

Likewise, not much to say at present. A very LTH here so will just sit back, let this settle down until normal-ish business resumes.
Oil price holding well...

I wish we could get this done and dusted and let normal trading/investing resume...TR1 must be imminent??

Are they buys or sells! Getting fed up with this constantly going on now.

I have always held the view that the drilling of Santa Cruz being so close to the Chilean border was due to presence of a trap from a gas field which crosses the border (which would explain the high COS). The fact the interval is at a shallower debt than pre-drill prognoses could mean that the gas has migrated to another zone than was previously thought and thus the seismic will need to be re-visited to determine reservoir volume and also potential drill locations, this coupled with test data will give us the 1P reserve value, which hopefully is tasty.

A very reasonable analysis!
It is my opinion that we are soooo undervalued but greatly believe we are about to turn a corner soon.
Yes we have debt but as a producer we are doing ok. We have had the asset for a year now and 3/4 of which has been in a pandemic. Encouraging that wells shut in are running again with WO's imminent.
Here's hoping for news very soon on all fronts.
GLA

Let the party commence! Oil price looking good, could be light at the end of this tunnel and not just an Echo!!! Lol

Good morning, what kind of day will it be today!
Just got to work waiting to go through security, will catch up as the day progresses on here.
Hope we rerate soon, GLA

Very strange trading at the mo!! Will sit back and wait m! GLA

Very close to our mcap on this news alone!! Always the same with echo! Ah well a sign that things are changing

Great RNS, very good news, should be a very good day! Echo back on the radar. We have had stormy seas this year

The additional 500 bopd @ $50 poo equates to $25k a day or just over $9m a year! And what’s our mcap!!!!

Most trades we’ve had in one day for a considerable period. New investors coming on board, let’s hope those RNS’s land soon

I wish I had sold out when I could have walked away with £30k profit! But that’s the way it goes, however it has given me the opportunity to quadruple my ISA holdings to 1mil shares, and need .85/.9 to break even! A bag basically! I hope to walk away with a tidy profit eventually! GLA

Yes it would but if we are in a period of activity they are not allowed!!
GLA

Absolutely....lol

You will find that not only are there work-over wells but the 500 bopd monthly increase is from wells shutdown due to Covid.
The price of oil very important to echo now, it has risen well to just under $50 a barrel and when the world starts to come out of the pandemic demand will grow.
Looking forward to the next few weeks ahead... :-)