Member Info for wallact

Found this looking back at the JHI termination:

While discussions were terminated, both companies indicated they might re-evaluate the proposed acquisition at a future date. As of late 2024, Eco Atlantic has assessed the value of their JHI investment for impairment, primarily due to inactivity on JHI's core asset in the Canje block in Guyana.

As mentioned on this b.b could we pull another rabbit?

Https://oilnow.gy/news/guyana-oil-gas-what-to-look-forward-to-in-2026/?fbclid=IwY2xjawPDQrhleHRuA2FlbQIxMABicmlkETBMYkowWGhTUzQ4d1hXUnhNc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHmOvGz3mOdt_bL1aydLURF5FkTTlg7lMMeskTHox7LzJYVx3QePUoozkKwg0_aem_khx2-ijkbiyYxhKtWJXhHw

Good luck to the ECO board for the new year and maybe break 30p on TSX in a minute. Cheers to all.

Looks like our partner are really dynamic.

https://penguin-news.com/headlines/2025/potential-181m-in-corporation-tax-per-annum-and-99m-in-royalties-for-falklands-government-from-hydrocarbons/

Nice one IJWT: I regularly rate ECO share potential very high (maybe too high some say).

You know I also mention Gas regularly too, and we don't really talk or maybe consider that at this time but I do. Guyana and Namibia are building or planning Gas transportation / processing.

Our Block 1 cbk seems to have massive potential in deepwater Oil plays and nearer beach Gas. And I get a feeling this could be a nice surprise for all. Will also be fitting due to the partial re-naming on the block.

I give my school boy maths at £1 discovery but the value of out assets are impressive

What was the share price (high) post J/J discovery then?? The valuation is all about molecules in the ground and sold. Wouldn't start at an opinion valuation of MC. (even from a CEO) It's looking good moving fwd..

Harel, not an exact science but I think 100p per commercial discovery. Think we have potential to go £1/£3 and £19 if not absorbed.

If we are to go outside our portfolio for additional deals with our new partner then our only equity is assets swap ? or debt/dilution.

If I were to guess I think Block 1

J: Thanks for the link. I think the word Gas in Eco Atlantic Oil and Gas will be relevant in 26/27. I think Namibia might really be up for a LNG terminal? But not sure.

Was looking into Block 1 CBK, Gil did mention about a discovery on the block. Its (Gas) some flow rate of 32.4 million standard cubic feet of gas per day (MMscfd). Think this may be potentially a commercial asset.

Looks like our new partners cup a tea hey.

Harel, think you might be right.

Measure the size of your resilience and sit on hands, no worries here. IMO

Nice post IJWT. So what side of the Atlantic margin will the next news come from hey?

27-ish on TSX

Not sure but a cretacous exploration well would take some planning/design and procurement so I think maybe further on?

The thing is (obvious I know) but with Jethro Joe we are not wildcatting so the announcement of intent to complete an appraisal program should have a significant effect on the share price. I. think. And soon maybe.

Initial interest on TSX

Our new partner is impressive, I am not sure all understand the speed capability of Navitas. Take a look at their latest FID in the South Atlantic.

Yes Starvin not like the old days post Jethro discovery, big volume then.

You never know TSX could open positive? Fingers crossed