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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

Post by hereandthereon Apr 05, 2013 11:21am
291 Views
Post# 21215663

rumours

rumours

CHARIOT OIL & GAS: The oil explorer rose late on Thursday amid a myriad of speculation including one that oil giant BP was interested in buying the firm, according to traders. The Times market report also cited talk that HRT, a big latin American oil company drilling near Chariot's prospect off Namibia, had struck and struck big.

 

Courtesy of the Mail in the UK, who report on a Times report , who report on'talk'

 

make of it what you will. seems way too early for me but just the beginning of the interest/rumour mill that is focussing on HRT's drilling. worldwide interest and implications. companies and investors to be affected are listed in exchanges all over the world and feature minnows like EOG to majors like BP

 

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