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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 19, 2012 12:18pm
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Post# 19812628

April 19th Official News Release:

April 19th Official News Release:

https://www.ecooilandgas.com/news/index.php?&content_id=50

Some Notes:

1. A dual listing on the NSX will enable the Company to gain access to Namibia’s and South Africa's large captive savings pool for its investment; it will also enable the general public in both Namibia and South Africa to take a part in the new and promising oil and gas exploration sector in the region

2. Eco Atlantic commenced trading yesterday on the Development Capital Board of the NSX, the second largest Exchange in Africa by market capitalization.

3. At a celebratory event in Windhoek, which was attended by investment banks GMP Securities L.P., Clarus Securities Inc. and M Partners Inc., as well as Eco Atlantic’s partners NAMCOR (Pty) Ltd. (the Namibian state oil company) and Azimuth Ltd.; Minister of Mines and Energy, the Honourable Isak Katali

Note that Clarus and M Partners have been big buyers of the stock, may be GMP already own a lot or could we see them buying soon?

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