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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 Harel1976on May 25, 2024 11:17am
152 Views
Post# 36057267

RE:Back to Wheelin and Dealin

RE:Back to Wheelin and Dealinorinduik should be drilled by 2026 and namibia blocks have been extended to 2031/2, so no problems in regard to timelines..
3b/4b is farmed out and carried so no worries from that front..
eco is an easy double once a rig is contracted for 3b/4b so all we need to do now is wait and any farm out is a bonus that will no doubt be realized in my view by year end in guyana and maby a beat longer in namibia.. two wells planned by majors there and i have no doubt the first small cap to farm out in the walvis will be eco..
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