Member Info for wallact

WTD, Thanks for the clarification.

Diversified, was not referring to Eco Ghana. It was the reference to Eco Guyana inc. Again in the local news. Good morning BTW.

Again a mention of " Eco atlantic Guyana inc" a subsidiary. See this before but not been able to verify?
https://www.kaieteurnewsonline.com/2019/08/15/eco-atlantics-share-price-doubles-following-orinduik-discovery/

IMO. When you look at a valuation of Eco in total (with Namibia) its difficult to get stakeholder value without a basin opener in Namibia.
I agree with the possibility of QP being in some kind of deal, for me the QP situation doesn't add up at the moment and think there is more news to come?
My opinion has been on a QP or Total SA buy-out, but Gill mentions that Tullow are their friends in almost all interviews.

So is it Millions or One point something Billion that is the question?

Fantastic news!! Both drills could reach the pay-zone same time!! GLA

Yes thinking the market has taken a conservative view! That seems to me to be a very high quality and volumetric find.

Just watched the latest interview; And noted Gill said "another new partner" In regard to Namibia.

You know its not what is said sometimes but whats not. GLA

IMO. Eco have no plans to go into development or production. I believe there is a deal done for the sale of Eco Guyana. That nicely leaves them to do what they do best for Namibia and some new projects. Can imagine what the future Guyana Orinduik business model looks like and Eco are not there. Just an opinion and maybe not long to see.

Got a nice Blue screen! Maybe RD a potential gusher! What was the name of the other drill again............. Only a opinion GLA

I wouldn't be too hard on Mike, he is a Geo by trade and bought into Mongolia with good intent.

CEO of Matd! Now thats a challenge GL.

ps He's got skin in the game.

W/Daddy; Tullow are in an interesting position! We all understand the net debt! Would they want to remain operator? Or could they wipe out the debt with a farm out and change of operatorship? Only an opinion

I posted yesterday "will the next RNS be Joe-1 spud??"

IMO Its slow progress in Mongolia! Just look at the country its relatively empty!
I might be it for Heron this season; However the drill is still turning!! Thats good news.

A mention in the Times business section this morning (stand-alone article)

Also the local take on the discovery

https://www.kaieteurnewsonline.com/2019/08/13/tullow-strikes-oil-in-orinduik-block-anticipates-over-100-million-barrels-discovery-increases-share-price-by-20/

P/Bus Good post BTW

Have noted today in the media that " this is transformational for Tullow"! So am searching for a word to explain Eco's position. GLA

In Gills interview he stated that they not only hit the target but got it dead centre; I feel Totals input to the target selection and coordinates have been priceless!! You know supercontinent computer!

Gill never mentioned QP in the podcast? Funny that.

the next RNS be Joe spud?

this;

https://www.stabroeknews.com/2019/news/guyana/08/12/tullow-finds-oil-in-orinduik-block/