Eco (Atlantic) Oil & Gas Ltd V.EOG

Something big brewing

[bdogg]

I think it's their 4 licenses in the Walvis Basin.  They have 85% working interest in those and the majors are eager to get at those.  We should see some big price moves here.

[Cooper97]

These have been available for some time, and just like the the Eco properties they still go begging. I can't help wondering, with so many interested parties out there, are they all low balling Gil or is he asking too much.

[bdogg]

Big big difference now is that Chevron has entered there.

[Jimbino44]

This one should be really popping right now but it isn't. I think the Africa Oil interest is holding it back. It probably made sense in the past but no longer especially with the new AOI regime. The sooner they separate the better.