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 hereandthereon Feb 18, 2014 12:56pm

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Post# 22220616

RE:ECO TRIPLES P50 OIL ESTIMATEUPDATED LEAD REPORT ON COOPER

It is a healthy announcement and the one year extension is handy, though the shooting of the 3D has slipped to the fall rather than now.

However, i think this is a good thing. Eco is a minnow with limited resources and huge acreage in very prospective territory.

If Repsol and Tower strike some oil it will really change everything in the region. It will provide a lot of data to help Eco's 3D campaign. If they strike, they will increase the scope of the campaign enormously. If they strike Eco will not have a miniscule market cap. If they strike money will come pouring in as will farm in offers and offers to buy territory or the company outright...

crossed fingers and good luck Repsol

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