Eco (Atlantic) Oil & Gas Ltd V.EOG

Alternate Symbol(s): ECAOF

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).

TSXV:EOG - Post by User

Eco (Atlantic) Oil & Gas Ltd

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Comment by investpro2on Mar 14, 2012 10:32pm

124 Views

Post# 19671890

EOG Peer Sold for $730M! EOG $11 SP

Page 23 of EOG presentation, UNX sold to HRT for $730M 2D seismic no drilling

EOG at $730M market cap would be $11 SP

https://www.ecooilandgas.com/_resources/presentations/eco_atlantic_march.pdf

UNX Energy Corp. ("UNX") TSX Listed (SOLD for C$730 mm)
•Completed Prospective Resources Evaluation Reports for UNX's Petroleum Exploration License
•Recent release of Recoverable Prospective Resources Gross 6.9 BBOE
•Sold to HRT Participações em Petróleo S.A For C$730 mm based on enhanced 2D

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