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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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Post by zagorskon Sep 19, 2012 11:04pm
221 Views
Post# 20388927

STRIEBS..........

STRIEBS..........

        Thanks for the post. Nice information about the onshore prospects.    

        I have never doubted that the land they have rights to contains some great resources.   

        Getting the money to exploit these resources at a price that is profitable to 60 cent  

        shareholders is no slam dunk.       

              

        In the meantime we wait for someone to show their interest.  Wait and dwindle.   

             

 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities