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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 TripleR44on Jan 23, 2016 5:23pm
89 Views
Post# 24487516

RE:RE:RE:ECO

RE:RE:RE:ECOEOG is grossly undervalued for being within kilometers of both the Liza and Jubilee discoveries. These are not small pools or channels. If seismic reveal the same zones on the EOG blocks we are looking at multi billion dollar possibilities. Now that is real spec/blue sky excitement. If our Namibian properties get action as you suggest it's game on (patience will be greatly rewarded). Tullow is delivering the goods and that is the best kind of partner.  I have high hopes and like how management is grooming EOG into a big winner. The NCIB and anon are quietly absorbing weak or impatient hands. Sellers will have remorse as the tide rises on low volume. Very difficult to get stock right now. 
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