Member Info for MrMarkyB

Nice to see a blue day again. 0.5 first target, any news on borders yet? Will have a look

Plenty of news flow on the horizon hopefully! GLA

I like the last comment NY! Serious kick up

Hopefully if the oil price continues to recover investor will back O&G companies. A tough year for echo but fingers crossed the tide is turning !

Oil price edging on $45 barrel, looks good so far

As soon as the vaccine starts to get released confidence will grow. There will be a surge in oil demand once aviation picks up. For us we defo need those borders open ASAP

Haha if only! Anything north of 0.9p I’m break even

Had my last top up of 100k shares to take me to 1 mil in ISA! Come on echo I want to retire lol

Things starting to change out there now.
Had another cheeky top up today, another 50k shares in the hat.....come on Echo!!

Here's hoping the borders open soon.
With 8-9 months of little activity the team have had plenty of time to plan the up coming work, the moment the borders open there shouldn't be any excuse!
GLA

Lets hope that the borders soon open and the "specialist equipment and personnel" can get cracking on PA.
Plenty of potential news ahead NY

I topped up 100k shares this morning just after 9 AM, puts me on 850k shares in ISA, average around 1p. Hope the good news soon flows and a tidy profit in the bag for me!! GLA

I’m ready for another top up, surprised it didn’t shift south today, perhaps a few cancelled trades will appear the next few days! Let’s hope the borders reopen next week! GLA

Looking at the trades today are they mainly buys but showing as sells once again!!

An interesting read, fingers crossed work is starting up again on our asset soon.

I am reasonably confident that I will get the bulk of my money back hopefully all and a nice profit!!
A sniff of commercial on PA and the sp should recover well and this new project , Monte Aymond, could be very good.
It is worth everyone reading that RNS again. Strangely the RNS gives flow rates but nothing to quantify 1P reserves.
Perhaps that will be re-tested at the same time as PA, being that it is 5.2km to the west of PA. Together these could be extremely good for Echo.

My SIPP holding average 14.5p think my ISA around 1.1p. Only top up ISA now as can access that now, another 8 years before I can gain access to 25% of my SIPP. A combined average of around 5p to break even.....fingers crossed

Another blue day, long may it continue....Hoping for a strong end to the week.
GLA

Totally agree, as Argentina comes out of winter into spring and summer it should in theory suppress Covid to get the country moving again.

We must remember the COS on PA was 60-70%, being up-dip of existing discovery ( I read this as being a discovery over the border in Chile, hence drilling close to the border) but the areas of play higher (lower in the ground) than expected. Much depends on migration and structure which we are not privy to, and now with this new area of interest on MA with a hub, the recent acquisition on two compressors we could see some very interesting developments soon.
The Mcap so low but we must consider debt and the deferrals this year.
GLA