Member Info for rionel

and who/what is a "ricouru?"

and whats the deal, link?

Did you notice there was already a thread by pretty much the same title?
Also, what does Shell &/or Total have to do with Eco and 3b/4b and a "farm out to spud" ... "as proposed by Eco?

Given the work in Guyana I still think Exxon would be a wonderful partner for Eco in 3b/4b, perhaps Hess but not sure they have interest in the area and have plenty of work in Guyana.

Have now watched the late Nov presentation. It now seems it might be 12+ months before anything really happens.

Sure good chance we get a farm in 3b/4b announcement perhaps after the current assessment well complete, expectation was Nov with presentation. This looks like a great location for Exxon since they have nothing in the area but not holding my breath, it will then take some time for the new operating partner to process data so I'd expect nothing till 24.

Guyana Orinduik, sure there's been a lot of talk but nothing from Tullow, they are the one who have to make a move. Even if they farmed their operator share out any new playing would need to do due diligence processing data etc which again means 24. Also who might that be, Exxon is plenty busy don't really need more area, we thought there'd be something in Canje now looks like that'll be 24.

Thoughts?

drilling campaign?

https://oilnow.gy/featured/eco-atlantic-fully-funded-for-guyana-well-next-year/

Is this news? How many years now have we been able, willing & waiting to drill another well?

?

As I recall there were supposed to be ~4 "company makers" in 6 to 12 mo, we crossed one of those off but now seem to be at zero for 12 mo. Also expectation was a farm out announcement at invester presentation yet still nothing. :(

So no mention of the next "company maker?" ;_;

"... within the Orinduik Block, and we are working with our JV partners to drill another well as quickly as possible."

Now gone from a Q estimate to "quickly as possible" which believe means maybe within 2 years in O&G speak. :(

https://oilnow.gy/featured/westwood-says-cgxs-wei-1-is-a-large-high-impact-prospect/

IDK Exxon & Hess seem to have plenty of exploration opportunities already, we've been talking Tullow farm out for years, they are just sitting on the pot.

This
https://oilnow.gy/featured/update-cgx-wei-1-well-to-be-drilled-by-january-31/
might be of more interest, Q1 and further south on line with Orinduik.

Not sure how this is good news for Orinduik given our operator has no interest in drilling much less to 18k. :(

Isn't that what folks have been saying for 2+ years, feels like 10 years. :(

harel: "total is the best farm-inee"

If Total is next door they will have no interest in our block, correct?

I prefer no information until we have solid complete information.

Thank you. Hopefully its a happy turkey day, or soon thereafter, for all. Also hoping those in the Great White North and Other Side of the Pond will continue to post opinions, ship movements, flares etc thru the 24th so I can keep my hopes alive. :)

The earlier Tomax referenced suggested slower drilling but I think the problem with Hill's comment is it leads to the question of are we yet in the sidetrack when most thought based on number of days that we were well into ST. Prob makes sense for some to sell some position to buy back next week or week after while giving others a chance to increase position at a lower cost.

Related: what do you Canadians & Brits do on Turkey day, do you keep working and trading stock?

Maybe he is just giving all another buy opportunity? ??

Surely everyone is out now, maybe we should start over?