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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 hereandthereon Jan 24, 2013 4:41pm
192 Views
Post# 20886776

RE: Giving Back

RE: Giving Back

No, they or he/she is taking profits from buying around 30 cents. An easy and swift profit. No trades for much of the day to push the price on and they decided to 'cash in'. good trade.

 

long way to go here, must expect pull backs along the road, only natural.

 

i think we should be at least a $50 million company minimum and on HRP striking oil, $300 million. Two bites at the cherry over the next 6 months all based on quality modern 3D.

 

got to be in it early to make those life changing gains

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