Member Info for wallact

CS; Best have a season off (long Mong winter) Agree no time for a fundraise.

Crashing

Yes; Someone posted on here last week said Eco safe haven. Interesting times.

is holding up well. Famous last words.

Yes Article in Times business today. States Shale margins have improved. Cant send link sorry need to be subscriber.

Shale margins have improved.

Think it might stay benign. Why shouldn't they get the licence?
The funding RNS (If there is one) will make a difference IMO

Yes much more buy than sell; just macro conditions de-rating the stock. I think.
Great bargains out there on the wings.

Think political risk is low IMO.
Need TLW news to move this.

Cap; wouldn't that news-on-news be market sensitive then?

https://www.guyanastandard.com/2020/03/02/heavy-oil-in-orinduik-block-similar-to-exxons-hammerhead-discovery-competent-persons-report/

TSX up. 32ish

I noted they referred to Hammerhead-1 in the article (Iknow its just newspaper) but i believe there are 3 wells.
So what if Exxon had TLW's percentage of Orinduik; Now that would be worth starting with H-1. Just an opinion.
I also believe Exxon said they would update on Hammerhead from March 2020 so we have that to come plus the TLW update this month.
Could have been a nice DD for Gill too.

Looks like EOM are developing Hammerhead.

https://www.stabroeknews.com/2020/03/02/news/guyana/exxon-pressing-ahead-with-fourth-well-development/

Maybe the Jethro/Joe discoverys are commercial. And there could be an economic impact with the overlap into Orinduik.

https://www.stabroeknews.com/2020/03/02/news/guyana/exxon-pressing-ahead-with-fourth-well-development/

Looks like its a green light for Hammerhead development.

Sit on hands.

Apart from Macro conditions the lack of news flow is damaging IMO. The board must have reasons?

Ask yourself one question, why release the RNS today? Was that necessary, thats not a rhetorical question.

Was always a bit of a bet 20 or 21 drilling but 21 has no guarantee. IMO the RNS is telling us predicted drilling program in 2021.

My eye is on TLW now! Who knows. Could change outcomes either way for ECO. GLA

Yes like the way they enlightened us on the TSX performance and oh nearly forgot the the comments re 2020. Thats RNS news in my book.