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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 Lonegaurdian19on May 25, 2021 3:10pm
130 Views
Post# 33261320

RE:RE:Drilling

RE:RE:DrillingTullow controls Eco's Guyana future. No, I have 0 interest in Tullow. In fact, Tullow is now a company that has to compete with its former CEO who almost bankrupted it. New management has had to do everything it can to right the ship. I truly hope they farm down or get out of the way of drilling, but the new CEO has said no new asset sales and that they are focusing on producing assets so I am concerned. That having been said there are timelines of block leases and Tullow won't let this block lapse so we will see soon.
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