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

Bullboard Posts

Comment by zagorskon May 09, 2014 11:59am

160 Views

Post# 22544126

RE:RE:Interesting that there is no interest

Overly cautious does not seem to be the right word either. 'mule stubborn' seems to fit the mood for off shore Namibia. They are all from Missouri and this is a classic 'show me' story. Obviously those of us who hold this stock will either be getting a huge pop up in share price should the drill succeed. Alternatively the downside should only be a miniscule portion of the upside potential.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?