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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 30, 2019 5:33pm
198 Views
Post# 30409585

RE:RE:RE:Kraken oil field, North Sea

RE:RE:RE:Kraken oil field, North SeaAmerican refineries have been complaining of crude shortages for years, but it's the heavy sweet crude variety most are looking for unfortuneately. Tullow operates Orinduik and they may not want to use their resources to develope a sour Jethro any time soon.

It's a tough break, but we still have the cretaceous, 8-10% of Hammerhead, and 60% of our Namibian blockes which is why I'm picking away in the low 80s. 
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