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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 IceDog13on Mar 25, 2024 3:06pm
118 Views
Post# 35951334

RE:Lots Of Volume

RE:Lots Of VolumeI have been holding and following EOG since before Jethro. During the lulls bettween drilling before the last few months it would rarely trade more than 100k shares in a day. Days under 10k shares were not uncommon. The past few months EOG has been trading huge volumes. Breaking 1 millions shares is a common occurence now. This was unheard of when drilling was not upcoming. The fact they announced a deal on 3B/4B with a couple of carried drills and the share price went down!!! Guessing this has has to do with Azinam shareholders now being able to sell. Can't think of any other leggit reason why we would be trading they way we are.
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