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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 Apr 09, 2013 9:30am
184 Views
Post# 21230219

RE: Nice Break Out

RE: Nice Break Out

Jog,

I hate to count the chickens before I see the egg.. but...  should HRT hit oil, gas or prove a working petrol system, we will get brought out.  Market cap is just tooooo low.   Thank god we bounced off the previous bottom and moved up to break out past previous highs.. this is looking good.  I see 1/share before the announcement by HRP..  I may drop 30% of my holdings there and free ride most of my shares.   

Good luck all!  Next 30 days.. we should be up 100%!   

 

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