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

Bullboard Posts

Post by norim109on Mar 30, 2012 6:31pm

356 Views

Post# 19741492

Dead money for the time being

Good thing I sold my EOG 2 weeks ago to add to my large position in AOI.

EOG has potential but for now it dead money. I will come back and use the profits I will make with AOI, which has not reach its potential yet. The discovery made in Kenya will be followed by many others. It is a lot bigger than most people think.

Good luck to all

Bullboard Posts

WINNERS of the COP 29: Siemens Energy, Plug Power, dynaCERT!