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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

Comment by GA_Makemydayon May 29, 2012 11:28am
174 Views
Post# 19956147

RE: RE: RE: RE: May be interested in picking up so

RE: RE: RE: RE: May be interested in picking up so

Thanks for the comments grh525, you may have some valid points.  But I have been around CGX ever since it showed as much promise as EOG does now.  My major concern is that over the last few years the market for junior explorers has been thoroughly beat up and robbed blind, and there simply isn't the level of investment money or interest for the juniors that there once was.  I am now basically in survival mode with only a glimmer of optimism, and I guess my comments sometimes reflect that.  However, I am looking into EOG.  Cheers and good luck to all on this board.

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