Member Info for ranger104uk

I did try Google translate as well as Alexa

Both came back as he's having trouble communicating right now.

abz

My waffle was that I got the well numbers around the wrong way. However I did point out once they stabilize with regards their production that may take a couple of months but an increase is good news that can be expected in some wells too. I did say in my waffle that they were reopened successfully? maybe it's because you want it to read negatively.

The reason I said that they were closed in was the weren't economical. isn't that the same as producing something that you can't sell? please correct me or my economics teacher.

So I do stand corrected regarding the number of wells that have been reopened only 4 not 6 as I posted, leaving 6 not 4 wells that are still not producing. Wouldn't we all be happier if it was indeed the other way around

When carrying out workovers as well as when reopening wells you're not 100% guaranteed of a successful outcome. we have heard of the 6 wells that have been successful (again these need to stabilize) the other 4 may need addition work done likes of swabbing and intervention (pumps injection works etc). These are old wells that weren't that economical when they were closed in so cost and reward in additional work to bring them back online. if you get 8 out of the 10 than that would be a good outcome in my view.

The last few RNS's have all been positive but bare in mind we thought the RNS about the workovers last year was a game changer but then silence? I think we will see a balance in production with the 6 wells back online but there has been a compressor outage with SC that we know of how that has affected production as well has there been any implications with regards Echo's own supply contracts? As well as is it Echo's compressor? Hence my view of treading water.

Loka
Going on other companies operation updates it appears the compressor issue was resolved but it took several days with lost revenues from no product flowing through the compressor. One of the main issues here is no information flowing from Echo with regards these issues.
Again Loka Echo relies on others to do these work (work overs and reopening wells) they don'y have that many boots on the ground. So you muck these guys about and you'll go to the back of the queue but at the same time is they get a % of the product so swings and round about's but I'm sure Echo isn't their sole source of income.

So they are producing but also spending it's all about how much cash they have at the moment as to what work gets done. What gives the best quick reward is what I think is needed or they will just be treading water.

Digittt
As I have said all along I give a pragmatic view of what is going on with regards Echo rather than some of the fanciful posters of this stock.
I looked at Echo sometime back with a view to invest but was strongly advised not too by someone with direct dealings with the company. The person is no longer involved in or with the company. I was glad of the advice as if I had invested in would now be worth a very small fraction of my intended investment. Like everyone i DYOR and based on that if I can make a potential investor have a second look at what their buying into then all well and good.

Like everyone in here I wish the sp would rocket and Echo was well run but the reality is it historically hasn't been.

You point out a very good fact in the Echo needs 3rd part contractors to do the work and by withholding moneys due sure a hell you'll not get the service your needing.
Echo spent a fair some on a gas compressor telling us it was a money saving solution but at the same time their not paying their bills? now how's maintaining this sort of equipment? Yes 3rd party contractors. Now a gas compressor goes down which causes shut downs with our field. was it the compressor we bought? fast forward to the twitter post from Echo and we have an over painted component which maybe from a gas compressor and we are lead to believe it's Echo progressing on with upgrades. hhmm
So more cash need to be spent just to stand still. We hear this from Echo's on 3rd party contracts operational updates. While Echo's is some what quite.

Now remember The_Linns

How many PI's sent them their emails and investment details to him/them?

Post anything on here that you want to hear your onboad. Readily giving out personnel details and share holdings to who know's who. He she them now knows who you are.

Utter stupid.

I've been waiting for a response to Lokanraej's post......

There is none? maidit are you in detention? when there are transactions you are the man posting none stop about hee haw.

But someone posts a question about the darkside and your gas is at a peep even now when is worth so much.

Loka my view and my view on here only. this is a sham company, easy to churn out news about far off wells and contracts that we can't readily agree with. In fact has anyone seen a well gas or oil that echo owns?

Easy to hide behind things when then there is no profit. But now the gas price is flying hay hoo echo is in the money........ so why is the SP on it's bottom?

1st the company could fit in a bus shelter (my potting shed is near empty)

With regards James P well i've no dealings with him and hes not living of my money but I think there are a few from both here and Sound that don't attend his beers in the pub sales pitches anymore.

So if you can get your head around a lifestyle company where investors fund the holder lifestyle then this is where your at.

Everyone seems to put IMO after every post but I've no fear they'll take me to court they'll have to disprove what I've written

Popular Share today

abz
I think many will have forgotten about these work overs that were touted over a year ago be never seem to have come to anything. A year wasted and not a word on their progress.
moving on to bring back online the closed in wells, I have to say this was to be expected as it is not as easy as many would think and is why it's a last resort. It is a real roll of the dice in getting a well back on line after a period of lock in.

MH is a money man and would know a reciprocating gas pump to a screw pump, so if someone shows him a picture of something smothered in paint like maidit he would have a clue what he was looking at.

As you pointed out the RNS from June last year was way over a year ago that's plenty time in fact the RNS is now lost in time.

Doing one's best is a fair point but have to say his best isn't good enough for the jobs in hand. These jobs are the ones that Echo have told us about and have told us they are in progress but the silence is deafening.

With regards what people post it is what it i. Someone post drivel or utter fantasy thinking the get whats coming. In the real world these people live their lives the same way and get nowhere fast

I believe this is a lifestyle company and if I can point out it's failings that would stop someone losing their pension too. (but not by making SXXXX up ) then good.

If that upsets people well that's their take on things.

Maiditup

Do you know how many times you've opened you're posts with "thanks for the"?

Goza

Totally agree, we are at the start of a major change as we were at the changeover from coal and steam. we will need hydrocarbons for evermore but but not at the levels we have been pumping out. We will see more throttling of supplies as the big supplier need time to adapt to the "cleaner" energies and get on the bandwagon.

Solar has been around for eons but few store the energy that's produced that I think is the big thing. But they need energy to produce that capacity in the meantime.

With your 25 years in OnG you also must cringe when you see the twitter photos they post.

But as you point out there has been a massive drop in investment in the OnG infrastructure over many years now. We see that as that's where a lot of Echo's cash will have to be channeled to keep it's aging wells going. A cheap entry level but higher maintenance costs.

We all know that the international gas prices have rocketed but there's a few in here that are starting to sound like the kids in the back of the car.... Are we there yet?

Does get on ones udders, pretty sure we can read (all be it that like me some's spelling and grammar are P poor)

Maiditup

Nice pic of a pump? what type of pump is it and whats your take on the motor windings and armature?

The Next Twitter pic will have been taken a week later after they had spent days getting the paint of the motor Armature.

And we wonder had repairing equipment takes such a long time.

For those that don't know what a gas Compressor looks like:

https://www.galileoar.com/en/cgc-will-increase-its-shale-gas-production-with-galileo-compressors/

Lash that paint on the electrical motor windings why don't you.

Has this become the maiditup or 308 BB? fm

Why don't you post the BBC weather while your at it or tomorrow is Tuesday ffs.

Do you thing everyone that reads this BB is on another planet .

If you feel something in your bones see your feckin GP

Aye well lots of muppits saying no debt til 2025?

Kicking the can down the road doesn't mean the debt goes away or gets smaller.

But they post way more than most, makes it all that real in their heads

Bit like puffing ones chest out and Saying hes a great CEO... the fact all the company employees could fit into my potting shed.

in fact if all the company shares were printed out on toilet roll there would be a shortage of trees

Madeitup

Bubbling away at these levels?

These new wells you talk about are which?

Yes the Gas price is doing well but I'm pretty sure the BOD's will be burning the gas lantern at both ends to make sure the PI's get hee haw.

Friday indeed tomorrow fish fingers and beans for you again my boy. School is back in soon

https://santandertrade.com/en/portal/analyse-markets/argentina/economic-political-outline

Sorry C n P not working