Member Info for Starvinmarvin

Mostly one seller on the TSX-V, 2nd biggest volume in the past 3 months and all before noon.

10.14%

A CEO can change his mind of course and Gil Holzman's answer to my email query of a TO will be a year old in April, but this is what he replied to my query. " I can only say that the long term business strategy of Eco Atlantic is to partner with bigger companies on existing and future assets. Just as we did in Namibia and in Guyana." My bet is on the run-up and the drill itself, not so much on a TO.

Agreed re the cap, hope it's pushed up by sp alone and not by any more dilution as it climbs.

Perhaps not a good time to ask but are there any posters here familiar with Siyata Mobile Inc? They are an Israeli developer and provider of vehicle mounted communications platform over mobile networks. The Company's products include Truckfone, Voyager and Bagfone. They made the TSX-V top 50 list but the sp is down quite a bit since July - perhaps an opportunity. I've checked in on this discussion board periodically since last summer, even posting a couple of times, so I'll understand if I'm told to ****-off, but you chaps are very knowledgeable about the industry. In appreciation may I suggest a look at Eco Oil & Gas, ticker ECO on AIM - there is plenty of steam left in this one

Might be nit-picking here, but the transformational pivotal year mentioned is an EOG fiscal year which includes Q1 2019. This could be important to those with an investing time-line to consider.

Might be nit-picking here, but the transformational pivotal year mentioned is an EOG fiscal year which includes Q1 2019. This could be important to those with an investing time-line to consider.

It was posted here some time ago ... the quote can be found at ~ 5:35 of the interview. https://www.youtube.com/watch?v=sJTIgMEssls

" I hope that at least 2 wells will be drilled on our blocks in 2018" - Gil Hozman.

TIDMECO RNS Number : 3280F Eco (Atlantic) Oil and Gas Ltd. 20 February 2018 20 February 2018 ECO (ATLANTIC) OIL & GAS LTD. ("Eco Atlantic", or "the Company" or, together with its direct and indirect subsidiaries, the "Group") Acquisition of the Minority Interest in Eco's Guyana Subsidiary Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, is pleased to announce that Eco (Guyana) Oil and Gas (Barbados) Ltd. ("Eco Barbados"), a wholly owned subsidiary of the Company, has agreed to acquire the remaining 6% interest in Eco (Atlantic) Guyana Inc. ("Eco Guyana"), following which Eco Guyana will become a wholly owned subsidiary of the Company (the "Acquisition"). Eco Guyana holds a 40% working interest in the Orinduik Block, offshore Guyana, with the remaining 60% held by Tullow Oil (Operator). The Acquisition is being affected via share purchase agreements entered into between Eco Barbados and the minority shareholders of Eco Guyana (the "Minority Shareholders"). The total consideration paid by the Group will be US$200,000 with US$100,000 payable upon closing, expected to be 27(th) February 2018, and US$100,000 payable 60 days thereafter, in addition to the issuance of a total of 1,700,384 common shares of the Company (the "Common Shares"). The Common Shares, which will be issued to the Minority Shareholders, represent approximately 1% of the Company's share capital on a fully diluted basis. The closing of the Acquisition is conditional upon TSX regulatory approval and admission of the Common Shares to trading on AIM. In connection with the Acquisition, each Minority Shareholder has agreed not to dispose of more than one-third of their Common Shares, issued to them at closing of the Acquisition, for a period of 90 days. An additional one-third of the Common Shares issued to each Minority Shareholder may be disposed of from day 91 after closing, with the remaining Common Shares held by the Minority Shareholders being eligible to be disposed of after 181 days following issuance. Application will be made for the admission to trading on AIM of the 1,700,384 Common Shares issued to the Minority Shareholders in conjunction with the acquisition of the Eco Guyana shares. Admission is expected to take place at 8.00am on 5 March 2018 ("Admission"). Following Admission, the issued share capital of the Company will consist of 159,195,217 common shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. Gil Holzman, President and CEO of Eco Atlantic Commented: "The successful purchase of the re

Quite right Nomad, but the numbers rankle just the same. Having kept the faith for the past six years I can tell you patience is the key requirement for playing the Holtzman strategy ie leverage pennies into dollars. The Total tactic is nauseating but the strategy is what counts in the long term, so we hold our noses until the end game.

Yes, looks great. I've doubled on 2 of my accounts and will soon double on the third. Just keep in mind the TSX sp you quote is virtually all market maker driven, always has been. They are currently baking in Total's coming aboard, should they not come aboard make sure you have some cash on hand to pick up a good bargain. GLA

The most likely corporate event was Total's taking them out was my take away.

After getting caught up on the last few pages of posts I can't help concluding the most likely scenario will see Total trying to pick up the remaining 15% when they exercise their option.

... a 54 mth high.

Eco Oil & Gas Ltd. has appointed Pareto Securities Ltd. as joint broker with immediate effect.

Wingat-1 is roughly 200 nautical miles south from the centre of Cooper Block, it runs through 037.

From the ASX:The PEL 37 Joint Venture has voted to drill the Cormorant Prospect offshore Namibia, with a targeted spud date of 1 September, 2018. Pancontinental will have an effective 20% carried interest uncapped through the cost of drilling the well. Cormorant drilling remains subject to Ministry endorsement and the grant of renewal of PEL 37 for the Second Renewal Exploration Period. Operator Tullow has already commenced drilling preparations. Pancontinental estimates Cormorant has the potential to contain Prospective Resources of 124 MmBbls* of recoverable oil on an un-risked Best Estimate basis. The cumulative Best Estimate oil resource potential of the leading four mapped prospects in the block total 915 MmBbls recoverable oil*. ONGC Videsh and Africa Energy Corp. have recently entered the project, strengthening the joint venture.Commenting on the drilling news, Pancontinental CEO John Begg said: �This is an exciting time for Pancontinental. We now have confirmation of the much anticipated drilling in Namibia. Currently we are also testing a potentially significant new gas discovery in California and we have commenced an appraisal well to evaluate another large gas discovery there. The Cormorant Prospect was unanimously selected by the PEL 37 Joint Venture as the first test of a series of large oil-prone prospects in PEL 37 that have been mapped by operator Tullow using high quality 3D seismic. These submarine fan plays are analogous to successful large, commercial oil finds elsewhere along the African coast, triggering ongoing interest in offshore Namibia from major oil companies and Africa specialist players. This is amply demonstrated by the entry since mid-2017 of ONGC Videsh into the PEL 37 joint venture, Africa Energy�s entry as a shareholder in Pancontinental Namibia and the farmin of French oil major Total into a block to the south�. * The Prospective Resources referred to were first announced 28 September 2015.The company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcement and that all the material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.

IMHO - New folks to this chat forum take note, hereandnow and Fernan10 posts you won't want to miss.

More info on shareholders: http://crweworld.com/article/news-provided-by-accesswire/183242/grant-of-rsus-and-issue-of-equity