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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 Splinnteron Aug 03, 2021 4:34pm
131 Views
Post# 33643622

RE:RE:All Is Quiet On The EOG Board

RE:RE:All Is Quiet On The EOG Board

More exposure to blocks around might give more insight in your own blocks. But more importantly,  it gives more candidates coming around the corner to buy out Eco Atlantic. They never made a secret about it that they are not really interested in oil exploration but rather in selling their block to the highest bidder. Maybe it may stirr up things instead of waiting till Tullow takes the first step.

Although I am new at this forum I have been following your valuable inputs for a long time and I am curious what you guys think about ECO's sudden move to buy into JHI's stake. 

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