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 Apr 16, 2012 3:50pm

136 Views

Post# 19799967

RE: RE: RE: RE: RE: RE: RE: Something Fishy

Stops in a penny stock tradin at 80 cents, who is using that haha..

I am adding a bit again, i just love the 80´s still no huge volume and Morgan stanley is buying what could go wrong in the long run ?

For those who cant wait, buy something else.

I bought DXE.v when it was bleeding, and i just waited and waited average down at 5 cents and wow it trades 3 times my average.

Those plays are waiting games, EOG.v is getting cheaper with low volume, and alot of investors is waiting for a buy, as usual everyone press that button at the same time.

That is going to happend sooner or later, with or without a catalyst..

Regards Exakt

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