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Bullboard - Stock Discussion Forum 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... see more

TSXV:EOG - Post Discussion

Eco (Atlantic) Oil & Gas Ltd > Farmout of the large 3B / 4B block next milestone
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Post by gunnar on Feb 26, 2023 1:29pm

Farmout of the large 3B / 4B block next milestone

 Exciting weeks head now: Shell will report the junker-1 results and Total has already started the first in a series of drillings in and around the first Venus find. They are now putting $300M into these appraisal wells. Perhaps we after the campaign will see results with larger volumes than in the successful Starbroks block in Guyana? Eco Atlantic intends to farm out its 26.5 block together with partners. A gross farm-out of 55% of the block, according to AOI's CEO.
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