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 Jun 05, 2012 12:23pm

200 Views

Post# 19981385

RE: RE: Market Depth

Some wishful thinking from your part :)

EOG.v will move up as fast as it went down, the liquidity is the thinnest i have seen.

Patience is required when looking at this stock, if we had a poll it would probably show alot of investors with a core position aquired at higher prices.

But the same ones waiting for an increase in that core position, at the right price(i am one of those hehe) to step in with some buyes.

Have a nice evening.

Exakt

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