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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 OilGold1on Mar 14, 2013 1:40pm
289 Views
Post# 21130569

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: We're Burg

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: We're Burg

Try these, they've helped me get a handle on a tricky subject. There is a lot of over-lap between HRP and EOG both on the boards and under the water.

https://www.ecooilandgas.com/_resources/presentations/Eco_Atlantic_Jan_2013.pdf

Easy quick graphic reference here ...

 https://seekingalpha.com/article/1068871-hrt-participacoes-has-an-asymmetric-risk-reward-profile

Caveat - these may have been superceded, perhaps Wisee heads can confirm.

IMHO, if you are day trading HRP is your better bet for the next few weeks and perhaps longer. If you are looking to go long then EOG may be the better bet as its been pretty well dead money. Again, wiser heads ... 

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