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Bullboard - Stock Discussion Forum Eco (Atlantic) Oil & Gas Ltd ECAOF


Primary Symbol: V.EOG

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... see more

TSXV:EOG - Post Discussion

Eco (Atlantic) Oil & Gas Ltd > Proactive interview from March 6
View:
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 spud.

Company focus now shifts to farm outs in both Guyana Orynduik (100 percent ECO) and Walvis basin of Namibia. Hope the farm out happens in 2024.

Great news for 12-24 months out, imo. It's tough to hold so long, but will be worth the wait.  

dat
Comment by mba123ccu on Mar 07, 2024 9:46pm
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.  Just my opinion.
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