Eco (Atlantic) Oil & Gas Ltd V.EOG

Regarding Article

[argaiv]

The article is from 2020.  I wonder what the US Geological estimates were back 10 or 15 years ago.  I see the share price is staying real constant here at 0.165 to 0.17.  Maybe there is more recoverable oil and gas than what they estimate.  

I remember investing in Canadian Overseas Petroleum back about 2017 or 2018.  This broker said that Exxon Mobil was targeting 4 to 5 billion barrels of oil off of Cameroon or some other nation.  Instead of oil they hit water.  That happened in Somalia too with another explorer that was a sister company of Africa Oil.  I cannot even remember the name of the company, but eventually it became Africa Energy Corporation.

I would like to see someone find oil that was way in excess of the IEA or US Geological estimates.

[IceDog13]

The USGS had estimated the Guyana Surinam Basin to contain 13.6bb of oil. Currently have over 15bb discovered with lots of prospects still to be tested. I wouldn't be surprised to see double the USGS estimates by the time all discoveries are made. Not sure if you consider that way in excess, but it is getting up there. https://oilnow.gy/featured/u-s-geological-survey-may-have-grossly