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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 AnMaron Sep 18, 2022 6:00pm
324 Views
Post# 34970170

RE:RE:RE:Hill's comments.......

RE:RE:RE:Hill's comments.......I agree with all of your thoughts. Hopefully it will be something like that; clearly, many of us holding Eco also hold AOI. I also like the idea of the share buyback, as long as the shares can be bought when it is cheap, do it Keith. Overall, it was a good presentation and I heard what I wanted to hear. Now I hope he sticks to it.

Gazania will be spudding within the next week or so. A good result with Eco holding 50% should have a big impact on the value of this company. Once drilling starts the buying (speculators) should start. There may be some fear in investing in South Africa due to the problems Shell had on the east coast but I don't think we will have any issues with Gazania and enviro-freaks.
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