RE: RE: RE: I spoke to IR of EOG Yesterday I just phoned Julia Maxwell, too, because i was curious if there are any new details she has to tell.
That's what I understood as a non-native speaker and the following words are MY words. So don't blame ECO's IR, blame me ;-) and do your own research (get on the dog and bone ...):
3D seismic probably in fall, depending on financing (that's what I understood)
From time to time they have talks with several majors but nothing concrete so far. As far as I understood and interprete this, majors are strolling around keeping contacts to get serious as soon as the situation is heating up.
Farm-out probably after processing and evaluating 3D seismic. Ssee above and don't forget that processing, modelling and interpreting takes time.
(As we allready know) next week Chariot et al. are starting drilling in Nimrod prospect.
In ECO's last presentation (https://www.ecooilandgas.com/_resources/Eco%20Atlantic%20June%20FINAL.pdf) on page 9 it is mentioned that Tower/ Arcadia and Repsol are probably going to drill their Delta prospect in second half of 2012.
She said that they probably are little bit delayed, but sooner or later they are going to drill, bevause that's why Repsol farmed in. An hey, the block they are going to drill 2011A is next to ECO's 2012A, which is call Cooper prospect!
J. Maxwell guessed that HRT is probably drilling first in Orange Basin, but that's only guessing.
I think that's all for the moment. By the way I loaded up a little bit yesterday, because it is such a bargain in the moment. ;-)
Have a nice evening,
greetings from Germany,
Neo