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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 Aug 03, 2012 2:05am
276 Views
Post# 20180171

RE: RE: EOG's potential

RE: RE: EOG's potential

EquiDice, Namibia is one of the better African countries for investing in so you apparently don't know much about African countries, here's an article for you to read:

https://seekingalpha.com/article/446261-the-commodity-investor-ghana-namibia-offer-easier-access-to-west-africa-s-oil-industry

"For investors seeking exposure to Western African oil without the high risk of social unrest and political violence, I recommend getting exposure to the following countries: Ghana and Namibia."

Your comment about drilling on water is garbage. I'm sure Petrobras will not have problems drilling the Nimrod well they are currently drilling. Chariot didn't get any problems drilling Tapir South and finish ahead of schedule. If you are new to the play, here's some reading to get caught up:

https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=EOG&t=LIST&m=31132976&l=0&pd=0&r=0

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