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.

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Eco (Atlantic) Oil & Gas Ltd

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Comment by NeoMon Jan 08, 2013 4:20pm

128 Views

Post# 20811840

RE: RE: RE: Chances of success

Hi there!

1) Don't forget that Walvis Basin seems to be different from the other basins.

2) The trick is to buy early, earlier than the others are buying. When the others are buying start selling till you are free-carried with a little plus if you like. Keep the rest, relax and see if they find something. Doing it that way you can't lose (... money; time ... well), but you can win a lot.

Cheers and have a good evening
Neo, aka tnzs

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