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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

Comment by grh525on May 22, 2012 4:53pm
198 Views
Post# 19935033

RE: RE: Analyst Coverage

RE: RE: Analyst Coverage

Cormark had to be basing their $2 target price off the resource estimates for Cooper and Sharon. With GUY out today, have to figure that price target is much higher. A success by Petrobras on Nimrod by end of September 2012 and that target should skyrocket. A success by HRT in Walvis basin later in year and no telling how high it goes before EOG even drill their own well.

 

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