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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 Oct 18, 2014 10:45am
165 Views
Post# 23040383

seismic

seismiccampaign up and running. good to see them getting on with it.....at last! Hopefully this will give Tullow time to analyse the data alongside that shot on PCL blocks. If they like what they see we could see a drill campaign in the middle of next year...crossed fingers.

the block they have secured in Ghana looks awesome, right in the midst of producers, giant fields and quality companies. lots of seismic shot already. i guess we might see a little bit of 3d shot on specific areas of interest, a farm down and a drill campaign.

looks like an interesting couple of years here
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