Member Info for norb

About the gas price. Read the section about SC in the ASR from Interoil (now also the operator ?) It contains a lot of details about the SC concessions. Both about commercial aspects including assumptions about prices, P1-P3 resources and 2022 planning on an operational level. I dont understand why ECHO isnt able to issue the same kind of statement.

No live data at my end, so where are we running ? Still at .55 or higher ?

I guess it depends on what the industrial customers wants. Hedge or not. Probably a lot of suppliers to choose from as well.

New contract was announced April 19th last year. We must be close. I guess.

Why so quiet after such a beautiful green day.......it will hopefully continue tomorrow.

I want a big spike before close a RNS tomorrow. I have waited long enough.

Agree. Pitty we cant put a price on those numbers due to content of gas.

Remember these figures (SC) are gross production, but nice to see an increase of almost 80 boepd net to ECHO.

Long weekend ahead, and the possibility of RNS on Tuesday. Higher volume and increase in SP before close today ? Or still way below any market interest.

ECHO related or not ?
https://************www.tiemposur.com.ar/info-general/superficiarios-reclaman-deudas-vencidas-con-operadoras

Since nothing today, when should we expect to hear about the new gas contract ?

Which is where exactly ?

Once again. My order above ask throughout the day, and it just wont get filled.

This is the tird time since late February. They wont fill my 1,5 mill shares order with a limit above current ask.

Interoil sells at spot less a discount in Colombia. But not so in Argentina. Why so confident that Echo sells at spot ? Written in past updates ?

Not so sure if there is anything to be excited about in the next update if you look at the numbers Interoil has reported from Argentina the last 3-4 months. Production has decreased. And moreover, the prices (oil) they have reported on a contractual basis is about 50% lower than current spot prices. And they havent been able to begin their MMO activities due to pending approvals and delays caused by Covid regulations.

The CEO of Interoil was on the front page of a financial journal (in Norway) two days ago to comment on the exceptional increase in volume and SP the last week/days. He was obviously not able to say or confirm anything other than to utter something in general about Ukraine, increase in oil price, turmoil, etc. However, he said something of interest about oil prices in Argentina. He said that Interoils current sale price in Argentina is USD 55 less retentions (whatever that means), discounts and taxes. He didnt say anything about price of gas, but I guess the USD 55 did cause some concern for those who had increased their expectations about the next earnings report. SP is since down almost 50%.

Oil on its way down intra day. Do we follow ? Must be some kind of sense in this madness:)

Oil contracts due in April and May sold at USD 200.

Sad to see, but their minority partner at Santa Cruz - IOX - is the winner at Oslo Stock Exchange as we speak. Even after they posted a negative resultat in Q4 this morning, and lower sales compared to Q3 with almost no change in production. Go figure.