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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

Post by grh525on Aug 30, 2012 1:38pm
152 Views
Post# 20280429

Canaccord Done?

Canaccord Done?

Looks like the Canaccord seller may be out of shares. This would be a real positive for the stock and I also noticed that Clarus did a cross today which is their first trade of August. We should see some good buying strength as Nimrod announcement could come in two weeks. A gas discovery would be an extremely positive event for EOG as more investors will want in on Walvis Basin (the Oily basin). An oil discovery of course will benefit all in the area as more attention comes to Namibia.

 

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