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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

Post by argaivon Apr 11, 2024 3:55pm
208 Views
Post# 35984103

On Yahoo There Is A Basher

On Yahoo There Is A BasherWho goes by the name EasyMoney.  He thnks they are running low on cash.  Other potential reasons are the junior markets are heating up in gold, silver, uranium, and copper.  Someone with a large position could be liquidating shares in favor of another company that has great potentail, or they may be participating in a financing.  

I am not sure when wells are going to be drilled.  Someone on Yahoo said nothing much happening until 2025.  If that is the case, then look for something where there is something potential happening.

I dumped shares of Revival Gold and Almaden in favor of Adventus.  Revival seems to just be raising money all of the time, and almaden is stuck in a touchy legal issue with the Mexican government.
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