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.

TSXV:EOG - Post by User

Eco (Atlantic) Oil & Gas Ltd

Bullboard Posts

Comment by NeoMon Feb 21, 2014 4:39am

145 Views

Post# 22233265

RE: Strange Selling

Hi there!

Jap strange and disappointing selling, but probably they don't linke the extension, 3D in fall and first well in 2016 probably.

On the other side: The buying volume (from the ASK) was much higher that the selling volume (into the BID).

I don't think that the sellers are insiders. Gil Holzman & Co know very well what they have, where this could lead to in a couple of years and why they hold between 40% to 50% of the shares .

To be sure about insider trading one can check this website from time to time: https://canadianinsider.com/node/7?menu_tickersearch=eog

Cheers
and have a good day,
Neo