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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 Atonon Jan 31, 2020 7:06am
170 Views
Post# 30624161

Hess conf call - Hammerhead .. 140.000 barrel

Hess conf call - Hammerhead .. 140.000 barrel

It seems like the heavy oil is no problem for EXXON and will be produced, Africa Oils CEO said the same about Jethro. 

Hess Conf call:

<<..we also know that Hammerhead has been passed to the development team for Exxon. So I’m just wondering if you can kind of walk us through your current thought on the timing over the scale of that 2025 run rate, and John Rielly, how does that impact the 2018 guidance, you gave us over run rate $3 billion capital program? And I’ll leave it there. Thanks.

Greg Hill

Yes, thanks Doug. I think, as we’ve spoken before, you’re right, I mean Hammerhead has been passed off to the development team that notionally right now is about 140,000 barrels of oil capacity, kind of vessel.>>

https://seekingalpha.com/article/4319952-hess-corporations-hes-ceo-john-hess-on-q4-2019-results-earnings-call-transcript?page=7

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