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 > Slides from Africa Energy Corp looking at 2B geology.

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Comment by Splinnteron Feb 20, 2022 5:38am

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Post# 34445909

RE:RE:RE:RE:RE:Slides from Africa Energy Corp looking at 2B geology.

Lonegaurdian19 wrote: ...If both hit and oil is at say $70 then ECO is worth around $2.50 - 3 USD

Personally, I have a strong feeling with the expected oil prices during a UKR conflict as well as the huge potential of Guyana and Namibia that ECO is far more worth than 3 USD. The intent of ECO is not to become an oil producing company but to sell at the right time and the right price. Pretty sure Gil ain't going to sell for less than 6$ over time. ECO is well positioned for a future buy out.

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