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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 jog222on Aug 30, 2012 3:44pm
177 Views
Post# 20281240

RE: Namibian oil conference/Shareholder's Meeting

RE: Namibian oil conference/Shareholder's Meeting

I expect very positive market moving news to come out of both the Namibia and EOG's shareholder's meetings which will be held the week after the African conference.  I don't think it's just a coincidence that the meetings are back to back and by the recent trading volume others are think along the same lines.  The volume is also impressive since it's increasing before the US Labor Day holiday which normally is some of the slowest trading of the year.  Very exciting times are ahead very soon for all EOG shareholders.

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