Member Info for MrMarkyB

It was a surprise and interesting interview from MH. Only the second one he has done.
I hope many of his comments come to fruition.
He mentions news in the coming days/weeks reference production increase, that would be very good but .... if it does not happen!!!!
The oil price key to our balance sheet, very close to breaking $50 barrel now.
Very interesting trading activity on Friday, hoping for a strong week ahead.
GLA

Just listened to the interview-twice. Makes good listening and guess the reason for some significant trades today. So news due int the days/weeks ahead. The 500boepd increase comes from the wells shut in a start of Covid which is in progress. So with WO on top things looking up. Need the poo to increase and could start to see a rise north.....long overdue!! GLA

Lets not sugar coat it, we have had a tough year or you could say few years. Much of the blame I lay at Fi's doorstep who had £26m in her hand and blew it very quickly!!! it was constantly mentioned how much we had, giving us a seat at the table!! then it suddenly plummeted to £4m in the bank. MH came into a poorly run company, secured the Santa Cruz Asset (without which Echo would now be a distant memory akin to IRG) covid hit the world and now he's shoring up the business to move forward! I am sure if MH had that £26m now we would be in amazing place but alas we are not.

Every little helps, perhaps why we have oil stored up waiting for this to be completed!
Still a long road ahead but I’m hopeful

I agree with your comment. It is frustrating though. Interesting that oil production has increased over 100%, how was that achieved? WO or just restarting wells that were closed at the start of the pandemic.
Good to see nearly 18,000 bbls in storage.
So need to get work started in country.

Nearly 18,000 bbls in storage, few quid there

The start of another week, Will we get an update soon!!!
Hopefully the OPEC meeting goes in our favour and oil gains hold and improve.
GLA

I’m as frustrated as the next person with this share! But I’m tracking the oil price keenly as this has a massive effect on cash flow for echo. Be nice for an update on production/sales/storage. As investors we seem to be being kept in the dark!!!

The oil price is looking strong at present, come on Echo lets have some good news!!!

Good to see the oil price hovering in the mid 40s, touching $45, let’s hop this gets nearer $50 soon.
SP holding well, fingers crossed good news out soon.
GLA

I see no reason why...crazy

Seems a bit crazy unless something happening in the background!!

Joe I think that will come soon with activity starting to resume.

Excellent news, business activities starting to resume in Argentina, initial VAT reclaim received and $1.4mil still outstanding.

It's about time we had an update from the team, I appreciate it is hard with the Covid situation to proceed but a work plan/schedule could surely be released pending covid restrictions eased.

I was browsing over the RNS’s last night, we’ve now had the biggest period with no news this year!
There must be updates available as it makes me wander what the team are up to.

I see nothing wrong being positive about a share your invested in. I’m more concerned when people slate a share on a board.
Ah well let’s see what next week brings GLS

PS been in this share far too long like NY, looking forward to eventually hitting the sell button but would like a nice profit!

I hope to see progressive upwards trend towards 1p before news lands. Some good buys today, trades increasing, fingers crossed momentum continues.

Hopefully they open soon. All systems go then.