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Bullboard - Stock Discussion Forum
Eco (Atlantic) Oil & Gas Ltd
ECAOF
Primary Symbol:
V.EOG
Energy
Oil & Gas E&P
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).
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Bullboard (TSXV:EOG)
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(14)
•••
dat51or
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Comment by
dat51or
on Mar 13, 2024 2:42pm
RE:RE:live presentation by Gil today
Presentation today: https://www.investormeetcompany.com/meetings/investor-update-44
(507)
•••
GripnRip
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Post by
GripnRip
on Mar 13, 2024 2:18pm
Guyana - 9 Co's EOG in discussion with !!
EOM
(17)
•••
chulo123
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Comment by
chulo123
on Mar 13, 2024 2:05pm
RE:live presentation by Gil today
I did not, but I would like to know much what was about and the principal issue of this webinar. thanks
(507)
•••
GripnRip
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Post by
GripnRip
on Mar 13, 2024 2:02pm
live presentation by Gil today
anyone else watching?
(83)
•••
Lonegaurdian19
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Post by
Lonegaurdian19
on Mar 09, 2024 1:44am
Battle over Hess
Given the Exxon vs Chevron battle over Hess share in the Adjacent block there is value in Guyana. https://www.energyvoice.com/oilandgas/americas/549641/hess-flags-possible-delay-for
...more
(10)
•••
mba123ccu
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Comment by
mba123ccu
on Mar 07, 2024 9:46pm
RE:Proactive interview from March 6
I agree with you on the farming out and I think that it will happen sooner than later, they may just be waiting on the necessary licences and other paper work etc. from the Guyana government.
...more
(14)
•••
dat51or
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Post by
dat51or
on Mar 07, 2024 9:02pm
Proactive interview from March 6
In case you missed it.... https://www.youtube.com/watch?v=EG8w2iUQYDE 3b/4b drilling schedule is up to Total, the new operator/partner. Two wells carried. Total has 2 rigs. Guessing maybe 12-15 until
...more
(83)
•••
Lonegaurdian19
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Post by
Lonegaurdian19
on Mar 07, 2024 7:19pm
Back of envelope math
2 Wells @ 6.25% @ roughly 100 mil a well is 12.5 million via loan Then "up to 32.1 mil" so almost $20 million unlocked and 2 wells. so 2 wells are drilled, eco has enough cash for
...more
(135)
•••
Timberdoodle
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Comment by
Timberdoodle
on Mar 07, 2024 6:53pm
RE:Whilst Africa is the current Focus, this news is of Guyana
Might be Huge indeed they will hit light oil in Orinduick in a not too distant future & a sure bet would be to drill the extension of Exxon Hammerhead discovery....
(5)
•••
Cooper97
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Post by
Cooper97
on Mar 07, 2024 8:41am
Whilst Africa is the current Focus, this news is of Guyana
My focus has been on Africa for the past few years having written off Guyana since Jethro and Joe, although a Proactive Article regarding Guyana did get my attention this morning. https://www
...more
(10)
•••
papaloapan
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Comment by
papaloapan
on Mar 07, 2024 6:46am
RE:RE:RE:RE:RE:New Press Release - Eco (Atlantic) Oil and Gas Ltd Announces Unaudited Results and Corporate Update
Yes, and no one else owns more than 6%. Aside from their indirect ownership through Eco, they also own directly 26% of the concession,and are operators of the concession. The point is that
...more
(10)
•••
bdogg
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Post by
bdogg
on Mar 06, 2024 2:42pm
Volume
Over 3 million shares traded today. 10 times the average volume.
(507)
•••
GripnRip
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Post by
GripnRip
on Mar 06, 2024 2:11pm
full carry in costs 3B/4B Farm in
Eco will also receive a full carry of its 6.25% retained share of all JV costs, up to a cap, repayable to TotalEnergies and QatarEnergy from production, which is expected to be adequate to fund the
...more
(5)
•••
grantoue
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Post by
grantoue
on Mar 06, 2024 11:54am
Value
It should effectively add 36 million to the value of the company. 10cents a share
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