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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 Sep 23, 2012 8:39pm
333 Views
Post# 20405173

RE: RE: RE: While we wait

RE: RE: RE: While we wait

this is a all or nothing play for me.. I'm not even thinking about offshore coal, company should sell of those onshore blocks to China or someone who wants coal... EOG needs to stay focused on offshore OIL.  No other company drilling in africa has as much p50 reserve estimates as we do...and as cheaply.   Just buy now if you haven't .. good time to add more if you got some.. and just sit back.  The thunder will come...  I've been here and done that..  This has the makings of a big winner all over it.. just will take some time to put it all together.  Company is pretty new and I'm sure they are handing out P50 estimate study to anyone and everyone who is in the industry....... I'm looking for EOG to sellout at a nice big round pricetag over 500 million for its blocks.  

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