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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...
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).
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TSXV:EOG - Post Discussion
Eco (Atlantic) Oil & Gas Ltd
> Hey GH! What is our share?
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Cooper97
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Post by
Cooper97
on Jun 25, 2024 2:39pm
Hey GH! What is our share?
https://worldoil.com/news/2024/6/25/breaking-news-exxonmobil-to-expand-oil-production-offshore-guyana-with-new-muli-billion-dollar-hammerhead-project/?oly_enc_id=7132C2727501G1B
(40)
•••
IceDog13
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Comment by
IceDog13
on Jun 25, 2024 3:22pm
This is great news!!! Personally I had written off Orinduik. I think this increases the value of the block immensely! Forget the fact that Hammerhead spills into our block (10% maybe, even 5% would be great). If I remember correctly (going back a few years) Hammerhead and Jethro are similar plays. Both much shallower than where the light sweat stuff is. Exxon never stated exactly what the oil was
...more
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