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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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Post by grh525on Apr 16, 2012 1:59pm
119 Views
Post# 19799421

All it takes is one:

All it takes is one:

Couple new oil finds this week and last week in Santos basin:
https://www.youroilandgasnews.com/petrobras+announces+new+oil+discovery+in+pre-salt+of+santos+basin_76470.html

https://www.forbes.com/sites/kenrapoza/2012/04/12/eike-batista-finds-more-oil-in-brazil/
https://www.reuters.com/article/2012/04/12/petrobras-discovery-idUSE5E8DH04M20120412

Considering how many oil fields already discovered in Santos basin and continues to be discovered, one can only imagine what would happened if HRT strike oil when the drill Walvis basin later this year. Remember, Walvis basin is considered the mirror image to Santos basin. The first find means it's much easier to find oil with each successive well like what's happening now in Santos basin. All it takes is that first find and things will explode.

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Dealroom for high-potential pre-IPO opportunities