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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 TripleR44on Jan 28, 2016 10:43am
142 Views
Post# 24501415

EOG Affirms Orinduik block pursued prior to Liza

EOG Affirms Orinduik block pursued prior to LizaToday EOG affirmed it pursued the Orinduik block next to Liza prior to the Exxon discovery,  They also executed the JOA on what appears to be an expedited or priority basis, It also appears to indicate the level of interest of Tullow. I really like the traction EOG is getting, the market recognition and the potential to appeal to a broader audience of investors looking for high risk/high return elephants. EOG is so thinly traded this is getting interesting.  I look forward to the coming months and year.  Well done...congrats to those who have been and continue to be patient...even though it is early days...
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