Eco (Atlantic) Oil & Gas Ltd V.EOG

Alternate Symbol(s): ECAOF

Energy Oil & Gas E&P

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).

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Eco (Atlantic) Oil & Gas Ltd > All Is Quiet On The EOG Board

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Comment by Splinnteron Aug 05, 2021 6:11am

114 Views

Post# 33653366

RE:RE:RE:RE:All Is Quiet On The EOG Board

Thanks IceDog for the correction. I meant Oil Production. ECO is indeed VERY keen on Oil exploration but it requires deep pockets for Oil Production.

Luckily, there are plenty of candidates with deep pockets to buy out Eco Atlantic such as Total, ExxonMobile, Hess, CNOOC, Indian and Arabic Oil Companies to diversify their risks in the Gulf region in realm of emerging threats...

Maybe an interesting question to the audience...
What do you consider as a fair price if Eco Atlantic were on sale?

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