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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 superoilhunteron Aug 13, 2012 8:43pm
150 Views
Post# 20213165

RE: RE: equidice

RE: RE: equidice

agree with you.. any bad news will get a reaction from investors.... esp a duster nearby... duster by Chariot will def hurt us.. by how much .. I'm not sure.. I think we go down to mid .30s on a duster by them and float around.. but should they hit, look out.. I see the price doubling easily !!  Everyone has their own opinion.. and no one knows for sure..  but I like EOGs odds, they can be patient and wait for everyone around them to drill.. and should one of them hit.. price of EOG goes up up up..  and of course if its a duster.. price will float down.  In the end.. I believe we will be much higher than where we are today.  My endgame I'm hoping to see is... one of our surrounding blocks confirms a working petroleum system inside the wavis basin, that would give any major a reason to take us out at a nice price.   

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