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Bullboard - Stock Discussion Forum 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... see more

TSXV:EOG - Post Discussion

Eco (Atlantic) Oil & Gas Ltd > They Probably Spend A Lot Of Time
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Post by argaiv on Jul 01, 2023 11:20am

They Probably Spend A Lot Of Time

Looking at results from other companies and make efforts to determine where to drill at.  There is probably a lot of time spent looking at opportunites that are available, but it is hard to pursue new opportunities without positive results.  You have to have money!

What are those two wells of heavier oil worth?
Comment by Lonegaurdian19 on Jul 03, 2023 3:18am
I'd say they are worth a lot in terms of confidence, actual value is an unknown. They are definitely not super valuable untested.  drilling two wildcats and going 2/2 is great. It, also builds confidence that depth not lack of oil in the Guyana block is the important part. Then comes the Tullow aspect..... sheesh is their CEO useless. Dude dragged his feet on Kenya, messed up a ...more  
Eco (Atlantic) Oil & Gas Ltd