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Eco (Atlantic) Oil & Gas Ltd V.EOG

Alternate Symbol(s):  ECAOF

Eco (Atlantic) Oil & Gas Ltd. is a Canada-based oil and gas exploration company with offshore licensed interests in Guyana, Namibia, and South Africa. The petroleum and natural gas interests of the Company are located offshore in Guyana, South Africa, and Namibia. In Guyana, the Orinduik block is situated in shallow to deep water (70m-1,400m), approximately 170 kilometers (km) offshore Guyana in the Suriname Guyana basin (Orinduik License). In Namibia, the Company holds four offshore petroleum licenses in the Republic of Namibia, being petroleum exploration license number 097 (the Cooper License), petroleum exploration license number 098 (the Sharon License), petroleum exploration license number 099 (the Guy License) and petroleum exploration license number 100 (the Tamar License). In South Africa, it holds two offshore petroleum licenses in South Africa, being petroleum exploration license number 2B (the 2B Block) and petroleum exploration license number 3B/4B (the 3B/4B Block).


TSXV:EOG - Post by User

Post by superoilhunteron May 09, 2013 2:27pm
225 Views
Post# 21358529

if ever there was a leap of faith...

if ever there was a leap of faith...

this stock would be it.. lol    This is true lotto ticket..  marketcap can go from 35 million to 350 overnight on a hit.  thats 10x.. downside to it is.. lose 50-75% on a duster...   place you final bets folks!   I was hoping for a pre-announcement run.. but since ECO got dragged down to low .30s then ran up to  50s.. I had to unload some ECO @ .50 the other day, as I held too many shares for my risk appitite.  I did more that cash over to HRP shares.. this way, should HRP hit, I benefit, should it be a duster... they are hedged with the new oil property, and onhand gas finds so it shouldn't be as bad imo.  But who knows..  We are all hoping for a hit!    

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