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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 superoilhunteron Dec 20, 2012 9:04am
157 Views
Post# 20754650

RE: RE: excellent post Herenthere

RE: RE: excellent post Herenthere

lol wise..  I wanted to be a LITTLE conservitive...  EOG downside isn't much.. upside is so much.. I don't even want to write about it because I might sound crazy.  MELLO over there at HRP has been studying geology all his life.. this is his big play.. the presalt theory.. If he is right.. we will all be very very rich as ECO shareholders.   

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