Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 hereandthereon Nov 27, 2012 1:49pm
167 Views
Post# 20650374

RE: RE: Gil Holzman

RE: RE: Gil Holzman

I am from the UK......however I doubt it will attract much trade. The vast majority of investors buy UK listed stocks, hence, if they are interested in Namibia offshore they bought into Chariot's story and Tower's. 

 

How many Canadian investors buy Tower's shares or Chariot's?

 

I found EOG through the map of Namibian concessions. EOG has vast amounts of prime acreage in Walvis Bay which seems to have the best chance of a major oil discovery. You should read TRP's CPR report following their 3D campaign 18 months ago. They have some great prospects and excellent COS for oil, even better than HRT's. The great thing about ECO is its timing. Everyone else is doing the hard yards for us and we get to ride on their coat tails. HRT, Repsol/Tower and Chariot will drill Walvis bay Q1 2013-Q1 2014. We do seismics, interprete and farm out hopefully on the back of our neighbour's drilling success.

 

I like sideways plays and this is a classic

Bullboard Posts