Member Info for ranger104uk

Abz

You are correct in hoping for a lot more as you would need a 24% increase on Octobers production of 2,114 Boepd to get back to the production of April 2021 (6mths ago) of 2,609 Boepd. These figures are from Interoil's (May) production reports too.

echo2021

Print the full emails and responses that you say you've sent and received from Echo HQ.

Sorry if I sound skeptical but I guess that's the way I am. I know panto season is upon but you sound as if you are a fairy godmother coming the save the day.

When something sounds too good it Generally is.

Ticking all the boxes..

How many shares and holders did you tell them you are Speaking for?

MQ7

I think you misread Grill's post, I'm sure he was telling yourself to settle slightly. We have been hearing about this 2p for many many months now as well as bag, bags and baggers. last time it was 2p was 21 months ago so we have heard 2p by every week since. Nobody has gotten it right so far but you never know. I'm sure you have been right a few times over you 9.6k posts.

Grill is right little in the way of timelines for any of the works in hand just more jam tomorrow.

tombi1

I agree with very little content, sometimes if you have very little to say it's best saying nothing at all.

These interviews do very little, they come over worse when this is the only PR that company puts out.

Not really news it's all fluff.

Do what you have already promised. What's the point of thinking about pudding when your struggling to finish the starter?

Good Morning All

It looks like another day with no news coming out of Echo. MH's promise of getting to grips with the poor information flow lasted as long as his response. I know the day is still early.
Now before this is jumped on as a negative post it has to be remembered how said he was going to sort it?
But the the SP slipped to .58p this am.

On the personal sledging I think it's time to call a halt to it. All everyone has to do is stick to the facts that lands a punch every time.
My Electricity supplier is going into Administration this week so my dabble into solar seems to have be a good idea.

Morning UTI

I think it may drop back today as the Oil price has slipped below the $80 mark. The world has already turned its eyes away from Copit26. Putin still has his hand on the pipeline ball valve that keeps the EU from freezing so the oil price will be held about $76 but the gas prices will push back up again close to Sept highs.

The usual suspects have came their jets a bit as too much hype wears thin and maybe they know the next update isn't going to be as big or as soon as they have been shouting. I would be surprised if they get all 10 closed (previously) in wells back online as there's always a risk when closing in a well and the costs of swabbing and pump installations may now be financially viable.

Has to be work as Bulgaria is colder than here at the moment.

Must have been buy one get one free in Tesco's drinks isle last night.
I think madeitup and marketinvestor are twins.

Where have these newbies come in from. Panic on somewhere.

Irish town echo2021 nordinsea.

It's like trying to date in a itty bar.

We have seen this sort of thing before both here and in Sound where one person wants to represent a proportion of the PI's.

I do get the idea of trying to get Echo and MH to give answers, but if as you say they are hiding something then they are hardly going to open up to some small PI even if you get 5% backing. The Ex cricketer tried it at sound but it seemed to stall or was that with Echo but it just ended up in a bun fight among the PI's

Good timing on your return

AR

You are selling Oil and Gas ( I've reminded you before Echo does not produce petrol) Echo is selling most of it's gas to the local Argentine markets. If their economy goes into reverse Echo may have to look more at exporting than they currently are.

Saying Echo has no business with the Argentine economy is madness

abz

isn't it worrying that you get more information from Interoil releases than what Echo tells you?

AR
Could be paid in Tiffany teacakes still doesn't change what the local market price would be.

It's called economics. The country is in recession.

How the Argentina's must love you.

Argentina is staring at an economical crisis yet again with inflation at near 40%.. It is trying to rehash its massive IMF lone So the the 1st of 2 repayments due next year. Add that to the problems with the pandemic and the political stalemate the you have a perfect storm of issues.

The next 2 years are going to be tough for their economy. The government seems to have lost its majority in the lower house So getting laws passed will be a challenge so they will have to give up some ground which might be an area to watch.

With inflation at 40% that might such some of the profit out of increase is local market prices.

Might need these others wells to keep the margins steady.

Abz

As the greatest thing since sliced bread with all that experience saw it coming back then, What took him so long in reopening the wells again when the oil and gas prices increased dramatically? Though he might have done it when the price of WTI broke $50 in Jan or $60 in Feb of this year.

Saying someone got suckered isn't calling the person a sucker. just as being conned doesn't make that person a con.

You really don't know when to say you were wrong.

Full or shortened it still doesn't say because of the pandemic.

my wording was taken from the RNS written by Echo's own professionals and was dated at the time the wells were closed in and not 5 or 6 months after.

I'm pretty sure the wording when the wells were closed in was to do with the prevailing oil prices at the time and not the pandemic.
We were also told at the time the these temporarily shut in wells can be brought back on line within five days......

As you are only reminding ourselves we don't need to spin or sugar coat the story.

play fair now

Abz
Yes only 18 % increase in storage today . no sun, 2 washes and power enough to run the house . sunny days 100% after 5 hours, don't have grid tie in tariff.

Still just playing about with this. But 10.2kw storage for £3k?