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We really need a good update, the drop was inevitable with so many shares hitting the market... some very lucky punters will be making quick easy money at these lvls.. water problem better be sorted

Expecting one more drop bk to 50 before the news and cpr update and at least to test 90p thereafter.. very excited!

Trek the comment wasn’t directed at you.. although I don’t agree with ur view point but I can understand where you are coming from..

4m of net pay was not the point of the message... before writing have a think pls, otherwise you sound like an idiot.. this is eco, and not repsol... we didn’t pay a cent for the latest info and now have the full pic of surrounding licences.. integrate all that and like the co says we will select big targets and increase our cos dramatically... if u don’t think the rewards are worth the risk then u need to go elsewhere, and not be on this bb..

Well that confirms my thought yesterday.. they are going at it with pace now, they want to find the targets and looks like we will be drilling a few wells.. 2020 will be one hell of a year for eco, let’s hope we won’t be around in 12 months time. Extremely happy with this update

Lol where is the 30-40p brigade? Like I said, think, think really hard before you post, or you will look like idiots...

The best part, short term sp will take a hit, so can buy even more! Couldn’t be happier

Neil so u r saying that a market valuation for exploration drill was £500m lol do you think before u write? Regardless of what happens to the sp short term, we will be closer to 80p when the drilling campaign will be announced.. Tlw will be one of the hottest stocks to buy this year, the potential is insane, a gamble I am happy to take

Filter the idiot he has no clue what he is saying.. the info we have now is extremely important to push us to a successful summer campaign.. I can see at least 2-3 wells now being drilled in the summer/autumn

Short term for the sp obv not good, but long term this will speed up the process now to finish the plan by end of jan.. for me personally best outcome, hopefully will see a sharp drop so can buy more.. the api and sulphur is what I wanted to see, and also now they have 3 wells which they will evaluate etc, all have found oil, expecting higher cos on our next drills.. summer will be very very profitable

Perfect news for us! Now Tlw will commit more on our licence for sure.. I am expecting a plan by the end of jan with a new cpr..

For repsol it’s not that good but for tlw and eco this is very encouraging. The last part proves to me that they are serious and will drill at least a couple of wells in orenduik now

Jan should be very busy, if they manage to fix the water issue in time and get a good stable rate, could see the sp at least double... but if they don’t UKOG will be in big trouble

It’s a discovery 100%.. only question is whether it’s commercial and if it’s like or heavy... they are testing a discovery.. of it was a duster they would’ve announced it already

Guyana is the only play they have... Africa is on hold and for sale... they have no choice but to drill this year on both licenses.. expecting a minimum two wells plus jethro channel

“According to GH mako extends to oriduik”.. can’t find a link to this

Hi Harel, could you pls post a link where u read that? Thanks

Exactly, we already have 2 hits, albeit heavy, but add two more light ones and we can start dreaming about some juicy numbers... this shows that the appetite is there and my money is still on Exxon to take our share

Surprised we aren’t in the 70s considering what’s happening next door

Yep definitely won’t even recover with a 30% rise... muppet...