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Eco (Atlantic) Oil & Gas Ltd V.EOG

Alternate Symbol(s):  ECAOF

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

Post by 68montegoon Mar 16, 2012 8:35pm
310 Views
Post# 19683785

Exciting story, bought in yesterday...

Exciting story, bought in yesterday...

and a few thousand more today during the drop. This is an exciting story, the kind of story that's a good fit for my investment profile.This company is very new to me I only started following last week and finally jumped in yesterday as I now believe the time is right. I think I'll be holding this one for quite some time, at least that my intention at this point in time. Although I could have bought in a little cheaper a few days ago no one ever remembers a few pennies here and there when you're in for the long-haul, and what would it matter anyway. Although I'm a long-time private investor, I'm just a green-horn with this company so if I post anything that sounds out of line, please bear with me. so for now, I hope you'll welcome me to the board. I see a lot of activity and participation on this board which can be very educating. I don't post very often but I do a lot of my own DD so I'll try to contribute or add some value as I follow along. I see a lot of mention of Chariot, I found this link earlier - not sure if it's already been posted or if it's any value. Hope you check in from time to time, in the meantime:

GLTA

https://www.4-traders.com/CHARIOT-OIL-GAS-LIMITED-4008468/news/CHARIOT-OIL-GAS-LIMITED-Change-of-Equity-Ownership-in-Licence-20-Block-2714A-14221984/

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