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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 Company operates a 100% working interest in the 1,354 square kilometers (km2) Orinduik Block 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. The Company holds operatorship and an 85% working interest in four offshore petroleum licenses in the Republic of Namibia, being petroleum exploration licenses (PELs) 97 (the Cooper License); 98 (the Sharon License); 99 (the Guy License); and 100 (the Tamar License), representing a combined area of approximately 28,593 km2 in the Walvis Basin. In South Africa, the Company holds an approximately 6.25% working interest in Block 3B/4B and pending government approval of a 75% operating interest in Block 1, in the Orange Basin, totaling some 37,510km2.


TSXV:EOG - Post by User

Comment by OilGold1on Nov 25, 2019 7:58pm
128 Views
Post# 30391467

RE:RE:RE:RE:MADE MY PIONT?

RE:RE:RE:RE:MADE MY PIONT?Those guys are too huge to show any bleeding, if either were operator our sp wouldn't look half as bad. As it is, the market now sees Guyana as a quagmire for Eco and has assumed Carapa a failure. I'm still holding betting we come out okay in the end having so much more on the positive side, although the end now seems Q3 2020 at the earliest. 
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