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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 Company operates a 100% working interest in the 1,354 square kilometers (km2) Orinduik Block 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. The Company holds operatorship and an 85% working interest in four offshore petroleum licenses in the Republic of Namibia, being petroleum exploration licenses (PELs) 97 (the Cooper License); 98 (the Sharon License); 99 (the Guy License); and 100 (the Tamar License), representing a combined area of approximately 28,593 km2 in the Walvis Basin. In South Africa, the Company holds an approximately 6.25% working interest in Block 3B/4B and pending government approval of a 75% operating interest in Block 1, in the Orange Basin, totaling some 37,510km2.


TSXV:EOG - Post by User

Eco (Atlantic) Oil & Gas Ltd
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Comment by exakton Mar 08, 2012 12:17pm
228 Views
Post# 19643907

RE: RE: First post, great news :)

RE: RE: First post, great news :)

There will always be some profit taking, though i want to see some real accumulation at these levels.

I also think that the sellers is drying up, but there will be some more shares being put out for sale in the high 90´s level.

It´s nice to see that Cormark is involved, they cerntainly know their stuff.

There cant be that many that know about this one, as it hasnt been any post on this board and i havent seen it anywhere on other forums.

I havent done any DD on this little company, but when an oppertunity like this shows up, i am there as today.

Talk to you both soon, having a bit of reading to do now.

 

Exakt

Bullboard Posts
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