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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

Post by jerroson Sep 10, 2012 2:24pm
145 Views
Post# 20343315

other side of the coin

other side of the coin

i had a serious haircut today because i truely believed PB and BP knew something promising and therefore invested in CHAR. i'm seriously considering to sell my CHAR and take the big loss and reinvest the small piece that rest in 50% HRT and 50% EOG. but on the other hand maybe i should wait what the 3d from CHAR's central blocks will deliver and if they'll be able to do a decent farm in. as stated before CHAR's board lost serious credibility today. it was my biggest fear this weekend that the RNS would come in on Monday and so happened. my stomach hurts from looking at CHAR's chart...

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