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 > So Was There No Drilling

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Comment by argaivon May 10, 2021 2:39am

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Post# 33163213

RE:RE:RE:RE:RE:So Was There No Drilling

I watched his presentation. So if 200 million barrels are recoverable, then our share ought to be about 30 million barrels. How much they price oil per barrel in the probably reserve category is something I do not know. If you add in the $17 million in US cash, the potential of recoverable oil, the investment in the renewable energy company, and the value of their exploration blocks this seems like a pretty decent price to enter this stock.

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This junior mining stock offers billions in market exposure