Second workover completed Theyre not hanging about are they?Oil to surface on this well, ESP to be installed before production starts. Tie in to local infrastructure.TP
Revenue flowing in First revenues now flowing in. Oil and gas being sold into the market.As I said previously next years finals will tell a very different story!TP
Re: Finals posted and it continues the good communication that these guys excel in.Good stuff.
Re: Finals posted Agree but it does highlight a market cap of £52m with £19m in cash alone in the bank.Steady set of accounts with a propsperous 2018.
Finals posted A bit meaningless, given that 2017 was just the formation lap.Whereas 2018 will be revenue generating as operations in Argentina are ramped up.TP
New Tweet Rig up on next workover. That was quick, theyre really steaming ahead with this work programme, arent they?Should be good for another tick up tomorrowTP
Going in on this one Sounds as though the company is on a mission - I am in!!
Re: First gas to surface Good timing TRG. Looks like were off !!!!More of the same to come over the next few weeks.Ive been in from the start and not sold, so a little bit of lost ground to make up.Good luckTP
Re: First gas to surface Bought back in at 12.5p on the 6th April - so well pleased. Good time to build a nice position here I think.GLAGrinchy
First gas to surface That was quick, rig moving on to next work over, testing kit to be in place in 10-14 days.This workover programme looks like being a company maker.TP
Re: Investors event And another, nearer home this time, in Exeter 9 May. So, if you can take make the Argy date Exeter looks a good alternative.TP
Trio I know it makes no mathematical sense, given the different number of shares in issue by each company, but added together SOU, ECHO, and, CORO come to 62p!(And growing daily ))TP
Investors event Email arrived last evening for ECHO investors event in Argentina. Sounds exciting but lack of profit on this share means no funds for jollies, ....yet!Watch this space.
Re: Workovers due to start Nice rise today with ECHO keeping us up to date via Tweets. Worth following on Twitter if you have it.TP
Workovers due to start Rig mobilised, workovers start in a few days. Soon well know the flow rates, etc as the workovers are completed.Good to see that things are moving smoothly ahead.TP