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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 grh525on Apr 03, 2012 2:43pm
148 Views
Post# 19754227

GUY Report

GUY Report

Will be out shortly so use these down days as an opportunity. A reminder, Sharon Report caused the stock to double the same day so when GUY comes out there will be solid support for the stock at much higher prices plus Chariot drilling will put a lot of attention in the area. Having your resources estimates done already will be big when big players lot at the area and keep in mind that this company could be sold long before they even get to a drilling stage - UNX Energy sold for $730 million so expect EOG with higher resources estimates in concentrated area such as Sharon to be worth more.

 

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