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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 > When several paths cross each other, that's timing.
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Post by gunnar on May 04, 2024 4:34am

When several paths cross each other, that's timing.

 
(1) In South Africa we are waiting for the environmental permit for Total in 3B/4B, (2) in Guyana we have the expected farm-out of our block to one or two majors and (3) in Namibia the temperature for a farm-out of the blocks there has increased after the deal between our blocks and a drilling there in Q4.
 
Three paths. But perhaps the fourth is a more concrete value increaser these days? AOI wants to sell their post in Eco as expensive as they can. And the development this brings.
 
Three plus one gives us interesting times.
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