Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 TripleR44on Jan 24, 2016 8:28pm
79 Views
Post# 24489163

RE:RE:RE:RE:RE:ECO

RE:RE:RE:RE:RE:ECOI am non technical.  My understanding from journals is turbidite fan trap areas in general worldwide  range from 13 to 350 square kilometres with pay zones of 20 to 230 metres.  The giant fields have pay zones in excess of 200 metres.  Tullow is a very good operator and should identify optimal drill locations from seismic.  We should gather some interest. EOG was halted due to the material nature of the release on acquiring the block adjacent exxons Liza. If we are several Kiilometers from a trap and a trap can be in excess of 13 kms then close becomes interesting for shareholders,  Close is never a guarantee as you say due to the technical nature of these fans but it's better than not. At least we have an area play for discussion purposes on Bay Street. We are elephant hunting. 
Bullboard Posts